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

(193)

I Decided to Investigate with some Trepdition When I decided to investigate a Reverse Mortgage I did so with some trepidation. There was so much negativity about them that I didn't think I would end up getting one. But when everything was explained to me it became obvious that there was no reason not to. So I proceeded thru the procedure and ended up with the mortgage. Everything you told me came to pass and I am completely satisfied with the end product. It would behoove those who are eligible to look into getting one for themselves. Thank you again

John M — Aug 20, 2015

Larry is Very Professional and Helpful Larry has been very professional and helpful in the reverse mortgage process. He always kept me updated during this process and giving me feedback. Thank you Larry    

Rogeilo C — Nov 14, 2020

Great Service, Larry Had My Back Larry McAnarney was not only thoroughly knowledgeable and professional, but he was also a kind and patient guide as I navigated the entire Reverse Mortgage process. He always answered all my questions, either via phone, text, or email, promptly. Every step of the way, I felt that Larry had my back. For example, he gave me excellent advice on what to expect during the appraisal and thorough information about the closing process. He also was very clear and concise when it came to explaining the whole structure of my Reverse Mortgage. Throughout the Reverse Mortgage process, I felt that I was dealing with someone of the highest honesty and integrity. I highly recommend Larry McAnarney to anyone seeking to obtain a Reverse Mortgage.

Mary M — Jan 13, 2023

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