Larry McAnarney
815-703-4745

Will a reverse mortgage affect my government benefits?

The funds from a reverse mortgage generally do not affect regular Social Security or Medicare benefits. However, needs-based benefits, such as Medicaid and Supplemental Security Income (SSI), may be impacted. I can provide additional general information, but you should contact a financial professional or government benefits specialist about your particular situation.

Verified Reviews

(219)

Larry was Very Helpful and Understanding Larry was very helpful throughout the whole thing. He made understanding the terms simple.

Paul L — Jan 11, 2024

Job Well Done I would like to thank Larry McAnarney for a job well done in handling my grandmother’s reverse mortgage. Larry is very professional and knowledgeable of the entire process. If there was information that needed to be explained, confirmed or followed up on, Larry followed up with me in a timely manner. Recognizing that I am my grandmother’s POA, Larry was very patient as he walked me through the process on her behalf. I am at ease in knowing that as my grandmother continues to get older and deal with her various medical conditions, she will not have to worry about the finances. If you are considering a reverse mortgage for you or your loved one, I highly recommend Larry McAnarney. He will guide you through the process with ease.

T J. — Feb 14, 2022

Exceptionally Helpful Larry McAnarney was exceptionally helpful throughout the entire process. I was fully prepared for the closing, which went smoothly in no small part because Larry had educated me and kept me informed. I would not hesitate to recommend Larry to anyone who is considering a reverse mortgage

Joel F — Aug 27, 2021