Reverse Mortgage Programs

Information on Reverse Mortgage Programs

There are several reverse mortgage programs available in the United States today. This page discusses these reverse mortgage programs and provides brief information and rules for each. For additional details on reverse mortgage programs, or to request a free online quote, please Contact Us today.

HECM Reverse Mortgage Program

The HECM Reverse Mortgage or Home Equity Conversion Mortgage, is the most popular reverse mortgage program. Over 95% of reverse mortgages secured are HECMs.

HECM Highlights

  • FHA Insured
  • Lending limit based on county of residence
  • Rates are based on the 1-month LIBOR, plus margin
  • Counseling with a HUD/FHA counselor is required

Verified Reviews

(195)

Totally Committed to Service and the Custome Going through the hoops for a reverse mortgage was a task. I found Larry McAnarney and he was beyond professional in his willingness to cover every nuance, foresee any possible problems, and SUPER follow through after approval. I can't reommend this service highly enough. 

Shaun K — May 22, 2015

Larry Was Very Professional Larry was very professional and courteous. Explained everything in layman's terms and always responded quickly to my questions. I highly recommend Larry for Reverse Mortgage services.    

Bill Z — May 11, 2020

Very Helpful and Answered My Questions I talked to 3 different RV mortgage companies to start with and all of them wanted me to sign up, offering very little information. Then I talked to Larry McAnarney. He was very helpful explaining details and answered my questions very well. He was very patient with me and we closed the reverse mortgage. I would highly recommend him for reverse mortgage loan.    

Jack C — Feb 3, 2020

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