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

(233)

Larry Explained the Whole Process, Very Patient Larry was very patient and explained the whole process. I'm deaf so Larry worked with my hearing senior services people to get me the plan I needed.      

Paul K — Jan 13, 2024

Patiently Helped Me Through the Process If you are looking for a mortgage loan specialist who is exceptional look no further because Larry McAnarney is your man! I feel so blessed that I found him to help me refinance my house. I needed someone who would kindly, willingly, and patiently help me through the process. I had spent a considerable amount of time calling lenders near where I lived in Virginia and didn't feel comfortable with any of them. Frustrated, I went online and the very first website that came up was Larry's company. I searched the reviews and was highly impressed so I called and Larry answered. I told him what I needed, he listened patiently and explained what he could do for me. That phone call was the first, but not the last of many phone calls over a number of months because my refinance was not an easy one by any means mainly due to problems with my HOA. Larry worked diligently with my HOA to help untangle the issues we were dealing with when I seemed to get nowhere with them. I believe today that I would never have finally gotten my refinance at all if not for Larry's ability to never give up on me and my situation until it was resolved. He always answered my emails and phone calls promptly and I truly appreciated that. I asked lots of questions and he made sure he answered them all to my satisfaction. I feel it is becoming rarer today to find honest, helpful men like Larry. I truly appreciate and feel fortunate that he appeared in my life to help me when he did

Mary P — Dec 21, 2021

Scared to Death I am a 67-year-old widow who had found herself all alone in this process and frankly I was scared to death. However, after speaking with Larry he was very understanding in my situation  and worked very hard to explain things to me and to be patient with me and they were truly  compassionate in my journey      

Katherine W — Dec 4, 2025

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