Larry McAnarney
815-703-4745

When will the principal and interest charges become due?

The loan must be paid in full when one of the following occurs:

A “maturity event” — the loan becomes due and payable when the home is sold, or the borrower or qualified non-borrowing spouse no longer occupies the home as their principal residence (i.e., passes away, moves out, or vacates the property for more than 12 months) due to mental or physical illness.
You fail to pay property taxes or homeowners insurance.
You let the property deteriorate beyond what is considered reasonable wear and tear, and do not correct the problem.

Verified Reviews

(223)

Larry Was Excellent Larry was excellent. He introduced us to the reverse mortgage program and then helped us through all the steps, answering our questions and giving us updates on what was happening. Throughout it all, his knowledge, competence, patience and kindness made it easy for us to understand. It was a pleasure to work with him and we would recommend him to anyone.

Philip A — May 8, 2020

I would recommend Larry to my friends Larry was great, he answered all of my questions and made the process easy. I would recommend him to my friends, I don't often recommend anybody and things.

William M — Sep 25, 2015

Larry McAnarney was excellent Larry McAnarney was excellent. He made sure we understood the process, was patient. Larry made sure during our refinancing that we were getting a good interest rate. We have used Larry twice and have been pleased both times

Bud & Betty C Repeat Customer — Feb 7, 2021