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

(233)

Delight to Work with Larry Larry McAnarney was such a delight to work with. He handled everything with professionalism, but was also very personable, which helped calm a lot of nerves. All my questions were answered satisfactorily, and throughout the process, Larry kept me informed and updated, and he kept to his word at all times. I have a check in the bank and can now do what I had initially needed this reverse mortgage for. I am so glad he was recommended to me, and I now recommend him to anyone who needs assistance with reverse mortgage. .. it's definitely not as scary as we all are made to think! Thank-you Larry... God bless you!!!

Nancy M — Jul 22, 2016

Larry Was Always Available and Patient Larry was always available, patient, knowledgeable, no problem talking to my children and answering their questions, explained and provided me with enough information that made me feel secure in my decision to have him handle my reverse mortgage. .

Susan G — May 11, 2023

Step by step help along the way Larry McAnarney was recommended to me. Fortunately, I was able to contact him to assist me in securing a reverse mortgage. He talked to me in terms that I could understand which made my steps possible. He politely and patiently answered my questions and proposed some himself. There was always an update from him on progress or what I should be expecting. To have a person that is comfortable to have a conversation with is important to me. I felt that any question or comment I had was going to be received in a friendly and business like manner. After all the paper work was finished and the reverse mortgage was secured, he still phoned to check if I had questions. I have already recommended him to people who are retirement age, or to their families, in case this could be of assistance to their parents. Obviously, I have a high opinion of my experience.

Deanne R — Mar 31, 2015