Larry McAnarney
815-703-4745

What has to be repaid when the loan becomes due?

You’ll repay the loan balance, any fees that have been added, and the accrued interest. Homeowners (or their heirs) usually choose to do this through the sale of the home or other assets. Repaying the loan by refinancing through a conventional mortgage is also an option.

Verified Reviews

(197)

Outstanding in Handling Everything Please let all at Mutual of Omaha know that you and your staff were outstanding in handling all the completed matters associated with getting this purchase loan done. We had realtors on vacation in Mexico and an estate representative on vacation in China creating many challenges. My realtor lost control and your efforts allowed us to get all the paperwork done and close the deal. Thanks again, I am so happy with the new digs and just finished up my new cash flow. I am free for life! Wow, such an exciting moment.

Gary N — Mar 21, 2024

I would recommend Larry in a heartbeat Larry took me the whole way through this unchartered land of reverse mortgages with finesse! His professionalism when I asked seemingly ignorant questions was very respectful and considerate. In working with different lenders along this journey, I contacted Larry again after several months and he led me through the rest of the way! I would highly recommend Larry in a heartbeat! Thanks so much for all your help!

Dana F — Aug 17, 2022

I Trust Larry I was very happy I chose Larry to help me with this loan. He was very helpful and answered all my questions. He answered all my concerns and I trusted him. I would recommend him to any one who needs or wants a reverse mortgage loan. I can call him anytime if I need to and I know he will answer my call.

Dorothy B — May 14, 2015