Reverse Mortgage Financing

Welcome to my Reverse Mortgage Financing Information Center

It gives me great satisfaction to show people how an FHA-insured* loan option could help you live with more financial flexibility and peace of mind. Designed specifically for homeowners and homebuyers age 62 and older, it could help you:

  •  Consolidate auto loans and high-interest credit card debt, and reduce your bills
  •  Improve monthly cash flow
  •  Establish a standby line of credit you can tap into as needed
  •  Gain payment flexibility, for more financial control
  •  Fund large purchases like a new automobile
  •  Assist a grandchild headed off to college
  •  Fund major home renovation projects
  •  Buy a home that better suits you

A Fresh Perspective on Financing

Most Americans looking for some sort of financing seek “traditional” tools like mortgages, home equity loans, personal loans, car loans and credit cards. But — if you’re 62 or older, you have access to special financing that can better suit your needs now and in the future: It’s called a Home Equity Conversion Mortgage (HECM).

Whether you’re retired, about to retire, working part-time or still working — this is a versatile tool to help you retire smart! You can better manage your monthly cash flow with its unique flexible payment feature; set up a “standby” line of credit to help fund unforeseen expenses; and/or consolidate debts such as high-interest credit cards, car loans and personal loans into one loan that reduces your monthly bills.

Call me today and see why HECMs are a loan for life.

Larry McAnarney, HECM Loan Specialist

Larry McAnarney

HECM Loan Specialist

NMLS# 21059 | 815-703-4745

Verified Reviews

(193)

Professionalism & Cordiality Larry deserves 5 stars! Larry handled and explained the reverse mortgage questions promptly from the beginning with professionalism and cordiality. He was very thorough in the coverage of reverse mortgage issues and explained them with clarity and patience. We have relied on his feedback and documentation in order to make decisions.

George & Violet M — Apr 13, 2017

Was With Us Every Step of the Way Larry was with us every step of the way, simplifying what could have been a complex process, addressing every concern. Larry was very responsive to all our questions. It was as if we were his only client! Thanks, Larry!

Charles & Margaret W — Feb 26, 2022

I would recommend Larry in a heartbeat Larry took me the whole way through this unchartered land of reverse mortgages with finesse! His professionalism when I asked seemingly ignorant questions was very respectful and considerate. In working with different lenders along this journey, I contacted Larry again after several months and he led me through the rest of the way! I would highly recommend Larry in a heartbeat! Thanks so much for all your help!

Dana F — Aug 17, 2022

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