Typically, reverse mortgage loan funds are not subject to income tax. Contact your tax advisor for additional details.
Knowledgeable, Attentive, and Accommodating Knowledgeable, Attentive, and Accommodating. For me, Larry deserves 5 stars
Anita K — Feb 17, 2017
Step by step help along the way Larry McAnarney was recommended to me. Fortunately, I was able to contact him to assist me in securing a reverse mortgage. He talked to me in terms that I could understand which made my steps possible. He politely and patiently answered my questions and proposed some himself. There was always an update from him on progress or what I should be expecting. To have a person that is comfortable to have a conversation with is important to me. I felt that any question or comment I had was going to be received in a friendly and business like manner. After all the paper work was finished and the reverse mortgage was secured, he still phoned to check if I had questions. I have already recommended him to people who are retirement age, or to their families, in case this could be of assistance to their parents. Obviously, I have a high opinion of my experience.
Deanne R — Mar 31, 2015
Very Professional Larry answered all of our questions and returned all our calls promptly. He did not pressure us in any way. As a financial professional myself, I would recommend Larry highly.
Roy & Elaine P — Jan 19, 2018