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

(208)

We Started this Process During the Shutdown We started this process during the shutdown. During our process HUD changed the income verification process and we had to submit additional documents to underwriting,. Even though it could have been very stressful Larry guided and educated us through the process. He made what could have been a negative experience into a positive and exciting experience.

Eric & Roxanne E — Aug 26, 2020

Larry Went Above and Beyond Larry was very professional, knowledgeable, honest and helpful. No complaints at all. We highly recommend him if you are considering a reverse mortgage. He went above and beyond

Joyce H — Sep 24, 2019

Great Communication, Kind, & Patient Larry was great at communicating and explaining every step involved in the process of getting the reverse mortgage done for us. His demeanor is very kind and patient. So thankful for all that of his help

Jan T — Dec 6, 2023