Larry McAnarney
815-703-4745

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

(233)

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

Extremely Knowledgeable 5 Stars! Larry is extremely knowledgeable about reverse mortgages. He shares his knowledge in an easy-to-understand way. The thing I appreciate the most is his patience. He answers my questions at any time and always takes the time to make sure I understand. I highly recommend Larry

Heidi M — Jun 24, 2024

Larry set reasonable expectations Larry was accessible and helpful throughout the HECM process. He set reasonable expectations at the outset and met them throughout.

Ian & Andrea E — Aug 22, 2022