Larry McAnarney
815-703-4745
Kansas Reverse Mortgage Information
Explore a Trusted Kansas Reverse Mortgage Lender
Welcome to the Mutual of Omaha Reverse Mortgage in Kansas. If you're a homeowner aged 62 or older in the Sunflower State, including Kansas City, Overland Park, Wichita, Lenexa, Shawnee, Lawrence, Manhattan, Topeka, or anywhere else in Kansas, discover how to unlock the potential of your home equity to achieve financial security and peace of mind in retirement.
Meet Larry McAnarney: Your Trusted Reverse Mortgage Expert
Larry has been a seasoned professional in the reverse mortgage industry since 1998, assisting homeowners throughout Kansas. As a Certified Senior Advisor (CSA) and member of the National Reverse Mortgage Lenders Association (NRMLA), Larry brings unparalleled expertise and dedication to every client he serves.
Why Choose Larry McAnarney?
Larry's deep understanding and knowledge of reverse mortgages make him a reliable advisor for Kansas homeowners seeking financial flexibility in retirement. Whether you're interested in supplementing your retirement income, covering healthcare expenses, or achieving your dream retirement lifestyle, Larry is committed to providing personalized guidance tailored to your unique needs and goals.
Your Path to Financial Freedom Starts Here
Explore our comprehensive reverse mortgage resources, including Larry and his team of experienced specialists. Benefit from Larry's wealth of knowledge and expertise as you navigate the reverse mortgage process and secure your financial future.
Get Started Today
Ready to explore the possibilities of a reverse mortgage in Kansas? Contact Larry at 815-703-4745 to schedule a consultation. Take the first step towards financial security and peace of mind in retirement with expert guidance and support.
Experience Larry McAnarney's Expertise
Trust Larry to guide you through the reverse mortgage process with integrity, professionalism, and a commitment to excellence. Discover the benefits of a reverse mortgage tailored to your needs in Kansas today.
Get a QuoteReverse Mortgage Frequently Asked Questions
Yes, refinancing is possible. This option may be to your advantage if your home increases in value, making more funds available.
A HECM is a reverse mortgage loan that's insured by the Federal Housing Administration (FHA).
You’ll repay the loan balance, any fees that have been added, and the accrued interest. Homeowners (or their heirs) usually…
Use the proceeds for the things you need and want. For example: refinancing your existing mortgage(s) to improve cash flow; consolidating…
The funds from a reverse mortgage generally do not affect regular Social Security or Medicare benefits. However, needs-based benefits, such as Medicaid…
A reverse mortgage is a home-secured loan that’s exclusively for homeowners and homebuyers age 62 and older. It allows borrowers to convert some of…
A reverse mortgage offers certain advantages:
- With a traditional home equity loan or home equity line of credit, you…
With the exception of a fee for government-required reverse mortgage counseling, most of the fees associated with a reverse mortgage can be financed…
The specific amount depends on several factors, including:
- Your…
Typically, reverse mortgage loan funds are not subject to income tax. Contact your tax advisor for additional details.
Yes. For many homeowners age 62 and older who are looking to refinance their mortgage(s) or consolidate debt to reduce their monthly bills, a reverse…
The loan must be paid in full when one of the following occurs:
- A “maturity event” —…
The other borrower continues to own and live in the home — and enjoy all the benefits of their reverse mortgage.
To be eligible for a reverse mortgage, you’ll need to meet the requirements set by the federal government:
Yes, with the HECM (Home Equity Conversion Mortgage) for Purchase loan, qualified borrowers can use their loan proceeds…