What has to be repaid when the loan becomes due?

You’ll repay the loan balance, any fees that have been added, and the accrued interest. Homeowners (or their heirs) usually choose to do this through the sale of the home or other assets. Repaying the loan by refinancing through a conventional mortgage is also an option.

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(233)

Professional and Kind I contacted Larry McAnarney and my questions were all answered in a professional and kind manner. I was very impressed and satisfied with his responses. I will refer him to anyone that needs their service.    

Linda M — Aug 24, 2021

Listened and Understood My Needs: I had listed my house thinking it was the only recourse left open to me. Then I found Larry McAnarney online and it was the best thing I could have done. He is the representative I worked with, and he is wonderful. He took time to listen and understand my needs and explain how a reverse mortgage works. With Larry's help I received a plan I can live with, stay in my home that I didn't want to leave, and not have to worry about tomorrow. I would recommend Larry McAnarney to friends and family in a heartbeat. Thank you, Larry.

Nancy J — May 7, 2025

Helpful & Professional I appreciate how helpful and how professional my needs were met. The process was carried out in a timely manner, and when I needed to question anything, I was answered promptly. I am extremely pleased, thank you Larry, I would recommend you to anyone who is in need of this service. .

Stephanie J — Mar 7, 2023

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