With the exception of a fee for government-required reverse mortgage counseling, most of the fees associated with a reverse mortgage can be financed with your loan, so there’s no immediate out-of-pocket cost. The costs are added to the loan amount (“principal”) and paid along with the accrued interest when the loan becomes due. Depending on the loan option you choose, these fees may include an origination fee, closing costs, a mortgage insurance premium (required for HECM loans) and a monthly servicing fee. We will let you know exactly what costs are involved.
Ask us about our Low-Cost Equity Elite pricing option, which eliminates nearly all origination and closing costs.
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
Fantastic at What He Does I think that Larry McAnarney is fantastic at what he does and wonderful person in and out. I don’t know what I would have done without his help. I would recommend him to anyone looking for reverse mortgage information.
Dolores P — Mar 13, 2017
You Were There for Us My husband and I are so glad we had you help us with our reverse mortgage. We could not have had a more professional nice person take care of our needs. You helped us above and beyond. You were there for us with all our questions and concerns. We appreciated it very much.Thanks again Harlan and Jennie
Harlan & Jennie S — Jun 27, 2016