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.

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Larry was the easiest business person I have ever dealt with Larry was the easiest business person I have ever dealt with. He was so patient with me and took care of things that I didn’t quite understand.I would and will recommend Larry to my closest friends if they have a need. Thanks again Larry for helping me.Mavis

Mavis E — Jun 23, 2021

Larry was Very Helpful Larry McAnarney was very helpful in getting my reverse mortgage. It was a new experience for me and he never refused a call or a question and guided me where I needed to be. Very informative, friendly. I did not feel like I was being talked to as a child but more of a friend. I will recommend him to anyone who should ask.      

Elizabeth H — Jan 31, 2022

Very Smooth Process The whole process went very smoothly.      

Richard & Angie M — May 8, 2024

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