Larry McAnarney
815-703-4745

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)

Larry was Very Helpful Larry was very helpful, He answered all my questions and returned phone calls promptly. I would highly recommend Larry for any of my friends have decided to get a reverse mortgage

Bill M — Dec 31, 2020

Everything was great Larry did an excellent job, everything was great.

Bill P. — Feb 8, 2016

The Customer Comes First Her I have been very happy with all of my dealings with Larry McAnarney. He has the drive needed to handle all the details in a timely manner but explain the steps and concepts in an easy to understand and gentle, laid back manner. Never a hard sell with Larry. With a plan to close the transaction before the first of the month, Larry kept the momentum going until all was settled with four days to spare. He was available for questions and advice at all times which was very beneficial because of the timetable involved. Professional and engaging. Win-Win-Win.

Valerie D — Jan 30, 2015