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.

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Larry is One of the Best I have always considered myself very comfortable financially. That is until a number of uncontrollable events occurred and most of my remaining retirement assets were in bricks. Fortunately, I met Larry a few years ago and remembered hearing about his experience and knowledge in investments, real estate and the markets in general. Having recently lost my husband I did not want to involve family in personal financial discussions, I called Larry. Larry's patience and experience in clearly explaining my options made him very easy to work with. I never felt rushed to make a decision, even after I was approved and then backed away to look at another lender. He didn't "pester" me. He left me alone to think. I came back because I knew he was looking out for my best interest. I spent my career in sales & marketing and am very familiar with selling a high-end product. Larry is one of the best. He kept the needs of his customer his primary objective. Thanks to Larry I am on my feet again.    

Roberta D — Oct 21, 2021

Great Job Larry was very helpful, answered my querstions not once but many times. He was very professional and polite.

Michael G — May 13, 2014

Gold Standard Service We were concerned about getting an honest and experienced person to help us understand and facilitate a reverse mortgage for our 90-year-old mother. Larry McAnarney is an experienced expert I will recommend to everyone if there is a need for RM financing. He is knowledgeable, very professional, and kind. He thoroughly answered all our questions and promptly responded to email and phone inquiries as needed, guiding us through each step. He provides a gold standard service!

Renee M — Oct 4, 2022

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