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Larry McAnarney

LifeStyle Home Loan and HECM Specialist
President's Club

NMLS# 21059

(815) 703-4745

1 East 22nd Street | Suite 401
Lombard, Illinois 60148
Licensed in Illinois and 23 Other States

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About Me

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Larry McAnarney, a Lifestyle Home Loan Specialist, is a nationally recognized authority in the reverse mortgage industry with a career spanning over two decades. Since 1999, he has been helping older homeowners across the country access the equity in their homes to achieve greater financial security and peace of mind in retirement. Larry is licensed in 22 states, including California, Florida, Illinois, Texas, and Arizona—allowing him to support clients from coast to coast.

Based in Illinois, Larry is especially attuned to the financial needs of seniors in the Midwest. As a Certified Senior Advisor (CSA) and a former board member of the Financial Planning Association of Illinois, he brings both technical knowledge and compassionate understanding to every conversation.

Larry is also deeply involved in the local retirement community. Through his work with Mercyhealth at Home’s Money Management Program, he has served as a Representative Payee, helping seniors who have experienced financial abuse by managing their income and paying bills on their behalf. He also volunteers with Lifescape Community Services, where he helps organize the annual Senior Fair, connecting seniors with vital services and resources.

When he’s not working, Larry enjoys giving back through youth sports, especially with the PGA Jr. program, and stays active in regional estate and financial planning circles, including the Fox Valley Estate Planning Council.

To help homeowners and their families better understand the opportunities available to them, Larry created a dedicated online Reverse Mortgage Information Center. The site offers insights into how a Home Equity Conversion Mortgage(HECM)—an FHA-insured loan designed for homeowners age 62 and older—can help improve monthly cash flow, reduce bills, or even fund a home renovation or large purchase. Whether you’re retired or still working, Larry can show you how a reverse mortgage might be a smart part of your long-term financial plan.

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Common Examples of What a HECM Can Help You Do

  • Purchase a new home to fit your lifestyle needs
  • Reduce monthly expenses by paying off existing mortgage
  • Enhance your cash flow
  • Create an emergency fund
  • Fund for home repairs or upgrades
  • Fund the expense for caregivers, live-in nurses, or other in-home care
  • Protect your retirement portfolio
  • Reduce monthly expenses by paying debt
  • Incorporate housing wealth into your retirement plan
  • Increase cash to help ensure monthly bills are paid
  • Reduce the burden of out-of-pocket healthcare costs
  • Have the cash for a large expense, such as a vacation or vehicle
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