Will I be taxed on my reverse mortgage proceeds?

Typically, reverse mortgage loan funds are not subject to income tax. Contact your tax advisor for additional details.

Verified Reviews

(197)

Smooth Closing No rework, smooth closing. We were very happy. .

Stew & Susan C — Mar 22, 2023

Our Stress is Gone! You are definitely a 5-star. Whenever we had a question, you were able to answer it. Our stress is gone! We are glad we had you to guide us through this process. Thank you!

Gary & Annette S — Jan 12, 2023

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

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