Larry McAnarney
815-703-4745

Reverse Mortgage Programs

Information on Reverse Mortgage Programs

There are several reverse mortgage programs available in the United States today. This page discusses these reverse mortgage programs and provides brief information and rules for each. For additional details on reverse mortgage programs, or to request a free online quote, please Contact Us today.

HECM Reverse Mortgage Program

The HECM Reverse Mortgage or Home Equity Conversion Mortgage, is the most popular reverse mortgage program. Over 95% of reverse mortgages secured are HECMs.

HECM Highlights

FHA Insured
Lending limit based on county of residence
Rates are based on the 1-month LIBOR, plus margin
Counseling with a HUD/FHA counselor is required

Verified Reviews

(224)

God Bless I would not have been able to do it without Larry, God Bless

Theresa G — Jan 5, 2024

Informative & Professional I worked with Larry McAnarney and he was very informative and professional. Everything went smoothly with the reverse mortgage and I was very pleased with the transaction.

Mark G — Mar 27, 2019

Larry was Polite and Knowledgeable Larry was polite and knowledgeable, not pushy. He made sure I understood each step before proceeding to the next. He was always there through the entire process.

Mary Ann B — Apr 24, 2020