Will I be taxed on my reverse mortgage proceeds?

Typically, reverse mortgage loan funds are not subject to income tax. Contact your tax advisor for additional details.

Verified Reviews

(233)

Patient & Explained Each Step: Thank you for all your help. I truly appreciate your guidance throughout the process. What made it great was how patient and clear you were in explaining each step. I always felt like I knew what was going on and that I could ask questions anytime.      

Sonja B — Sep 27, 2025

Larry was great at explaining the procedure Larry was great at explaining the procedure. Kept me up to date on what was happening next and answered all my questions quickly. Would recommend him to anyone looking for same solution

Susan G — Jul 16, 2022

My Experience Has Been Wonderful My experience with my Reverse Mortgage representative Larry McAnarney has been wonderful. Larry has been very professional & sensitive to my needs. He was completely truthful & informative with me. I will recommend Larry anytime to anyone asking me about a Reverse Mortgage. Your company is lucky & very blessed to have Larry represent you.  

Sam H — Nov 13, 2019

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