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.
Larry Knows His Business Larry did a great job with follow up when I needed questions answered. Still a little in the fog about how to pull more funds from my account, if I have a need down the road.
Jim D — Jul 17, 2015
Pleasure Working with Larry It was a pleasure working with Larry. He explained everything just as it worked out from start to finish. I wish I had more school teachers that could explain things and work with me as well as he did. I would definitely recommend him to anyone interested a reverse mortgage. 5 stars plus
Robert R — May 17, 2017
Pleased with the service I want to let you know I am very pleased with the service I received from Larry McAnarney. He was very polite and answered fully any questions I had. I am really happy I got to do business with him.
Gerry E — Jun 21, 2016