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

(229)

Larry Truly Cares About Those He Helps From our first meeting we felt at ease. Larry is definitely knowledgeable with the reverse mortgage and he helped us to understand what went on with each step of the process. He was patient, a good listener, and took his time to explain issues in a way we understood. In the end we felt confident we had made the right decision and had chosen the right person to guide us. Larry truly cares about those he helps. We so appreciate his looking out for us. Thank you, Larry.

Ron & Carol T — Feb 13, 2018

A pleasant experience Larry McAnarney was very professional yet warm in his dealing with both my wife and me. Our experience during the entire process was a pleasant one.

Paul C — Jan 30, 2014

Working With Larry Was Great Working with Larry was great. He is kind and patient. He encouraged questions and was patient with me and my mom. I went through four different mortgage companies, and chose Larry because of his genuine interest in my moms case    

Nancy S — Nov 4, 2020

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