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

(223)

Most Helpful-Right Decision I know that I made the right decision using Larry McAnarney. He was most helpful in going through the process of securing a reverse mortgage for me. I had spoken to at least three competitors of Larry, but none were as friendly and to the point as Larry was. Larry made the whole experience of a reverse mortgage pleasant. I would highly recommend Larry to anyone considering a reverse mortgage.

Harold P — Oct 15, 2014

Larry is Very Knowledgeable in Reverse Mortgages I really appreciate Larry's help with my mom's reverse mortgage. The communication was instrumental in completing this. There were many challenges for our family and on Larry's end to complete this. I recommend you reach out to Larry if there are any questions as he is very knowledgeable in reverse mortgages. Thanks for all Larry

Dwight C — Jun 25, 2025

Easy to Accomplish All of the information and steps we presented were easy to accomplish. Larry made available all the answers and other persons to ease the process and achieve the desired outcome. It’s a smooth process! .

Chuck & Lisa N — Jun 26, 2023