The specific amount depends on several factors, including:
HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage. This is to help preserve your home equity for a longer period of time.
Larry was Very Helpful Larry was very helpful, He answered all my questions and returned phone calls promptly. I would highly recommend Larry for any of my friends have decided to get a reverse mortgage
Bill M — Dec 31, 2020
Highly Impressed Upon my initial conversation with Larry I was highly impressed along with his credentials. As I continued to work along with him in obtaining all the documentation Larry requested, he came across some huge hurdles regarding my financial situation, but managed to resolve ALL and was able to successfully acquire a reverse mortgage for myself. I cannot thank Mr. McAnarney enough for providing me with a comforting financial lifestyle. Larry truly left me with a lasting and positive impression while accomplishing all that he could for me. Emotionally now, I can see the light at the end of the tunnel. If you are looking to take the next step to financial security and peace of mind, I highly would recommend the very ultimate and polished man in his field, Mr. Larry McAnarney.
Donna G — Apr 4, 2017
Made Me Feel Comfortable Larry was very patient,explained everything..answered all questions..he made me feel very comfortable about doing a reverse mortgage... thank you Larry for all your help.
Darlene W — Nov 14, 2014