Larry McAnarney
815-703-4745

Will I have to pay any fees?

With the exception of a fee for government-required reverse mortgage counseling, most of the fees associated with a reverse mortgage can be financed with your loan, so there’s no immediate out-of-pocket cost. The costs are added to the loan amount (“principal”) and paid along with the accrued interest when the loan becomes due. Depending on the loan option you choose, these fees may include an origination fee, closing costs, a mortgage insurance premium (required for HECM loans) and a monthly servicing fee. We will let you know exactly what costs are involved.

Ask us about our Low-Cost Equity Elite pricing option, which eliminates nearly all origination and closing costs.

Verified Reviews

(233)

Larry is Very Knowledgeable and Efficient Larry helped us with our mortgage from start to finish. He Is very knowledgeable, answered our questions, and told us what to expect in the process. Larry was very good at returning our calls when we had any questions. Highly recommend Larry as prior to finding him I did look at other company's and most were local numbers but then finding out they were based out of state and did not know our market like Larry does. Thank You for your service.

Patricia D — Sep 3, 2020

One on One Guidance Larry took the time for the One-on-One guidance I needed to steer through the process.

John M — May 10, 2024

Larry Was Very Professional & Explained Everything 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.

Doris G — May 13, 2020