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

(229)

Totally Committed to Service and the Custome Going through the hoops for a reverse mortgage was a task. I found Larry McAnarney and he was beyond professional in his willingness to cover every nuance, foresee any possible problems, and SUPER follow through after approval. I can't reommend this service highly enough.

Shaun K — May 22, 2015

Larry Made it Great Larry McAnarney made it great. Give him a raise. .

Kathryn G — May 16, 2023

Outstanding in Handling Everything Please let all at Mutual of Omaha know that you and your staff were outstanding in handling all the completed matters associated with getting this purchase loan done. We had realtors on vacation in Mexico and an estate representative on vacation in China creating many challenges. My realtor lost control and your efforts allowed us to get all the paperwork done and close the deal. Thanks again, I am so happy with the new digs and just finished up my new cash flow. I am free for life! Wow, such an exciting moment.

Gary N — Mar 21, 2024