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

(219)

Very Attentive to our Needs I want to thank Larry for all his help during our reverse mortgage process. We were a little apprehensive, but Larry was there to answer all our questions and out our cares to rest. Larry was very attentive to our needs and answered all our calls in a timely manner. Again, we thank Larry for all his help and knowledgeable input.

Steve & Linda S — Feb 13, 2018

Very Helpful and Efficient Larry McAnarney was very helpful and efficient with us in putting together a refinance of our reverse mortgage. He was easy to work with and made this journey a pleasant and expedient task

Dennis & Gretchen P — Nov 22, 2021

Very Helpful I am so glad I had Larry help me with my reverse mortgage. I talked to two other companies before choosing Larry. I could not have had a more professional and nice person to answer all my questions.

Dale A — Jun 14, 2018