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)

Knowledgeable, Attentive, and Accommodating Knowledgeable, Attentive, and Accommodating. For me, Larry deserves 5 stars    

Anita K — Feb 17, 2017

Expertise and Professionalism Undoubtedly an expertise and professionalism in handling my father's reverse mortgage and its logistical challenge of myself being the lead and voice on my father's part. This was complicated by me being based about a 1000 miles away from my Dad but Larry leaped over all obstacles like a real PRO. I truly appreciate his extreme patience throughout this whole process.      

Juan V — Nov 12, 2018

Larry Was Very Personable Larry was a very personable representative and was always willing to answer any questions that were asked of him. It’s not always easy dealing with the elderly and he is more than patient with us all!!! Thank you Larry    

Lisa B — Dec 21, 2019

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