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

(207)

My Financial Advisor Recommended Larry My financial advisor recommended I contact Larry about reverse mortgage options. I live in a condominium so there were some extra hurdles Larry had to go through to get the association approved. He always stayed in touch with me and answered all my questions. I don’t know what I would have done without Larry and the Reverse Mortgage.

Mary Lou L — Jan 11, 2019

Excellent customer service Wonderful service. Know edge w Very helpful

Judy E — Jul 30, 2014

We Would Totally Recommend Larry We would totally recommend Larry for your reverse mortgage needs. He walked us through every step making sure we understood what was transpiring. We could reach him easily when we had questions. Larry’s guidance was very helpful and in addition he is a very nice man.

Charles & Sharon T — May 12, 2020