A Reverse Mortgage allows homeowners aged 62 or older to convert part of their home’s equity into tax-free cash—without selling, giving up ownership, or taking on a monthly mortgage payment. At EZ Funding Group, Inc., we specialize in guiding seniors and their families through this powerful retirement planning option with clarity, integrity, and care.
A Reverse Mortgage—officially known as a Home Equity Conversion Mortgage (HECM)—is a government-insured loan that lets you access the equity in your home while continuing to live in it. Instead of making monthly payments to a lender, the lender pays you through a lump sum, line of credit, or monthly disbursements.
Key Point: You still own your home. You’re just accessing the equity you’ve built over the years.
Here’s a simplified breakdown of the process:
While reverse mortgages offer many advantages, they may not be right for everyone. Consider the following:
📢 We recommend discussing your options with family members and call us to discuss your options.
A reverse mortgage may be a smart choice if you:
We combine decades of mortgage expertise with a personalized, education-first approach. Our licensed specialists will walk you through every detail, helping you make an informed and confident decision.
✅ No-pressure consultations
✅ Trusted reverse mortgage lender
✅ Transparent and secure process
✅ Family-first approach
If you’re curious about whether a reverse mortgage is right for you—or a loved one—EZ Funding Group is here to help.
📞 Call us today for a free consultation 954-318-1100
❓ Frequently Asked Questions About Reverse Mortgages
A: Yes, you retain full ownership of your home. A reverse mortgage simply allows you to access your home’s equity without monthly mortgage payments. You are still responsible for property taxes, insurance, and home upkeep.
A: The loan becomes due. Your heirs can choose to repay the loan and keep the home, or sell the home and use the proceeds to repay the balance. Any remaining equity belongs to the heirs.
A: You will not lose your home as long as you comply with the loan terms, including living in the home as your primary residence, maintaining the property, and staying current on taxes and insurance.
A: No. The funds you receive are not considered income—they are loan proceeds—so they are not subject to federal income tax.
A: Not at all. Many homeowners use reverse mortgages strategically to supplement retirement income, delay drawing Social Security, or preserve other retirement investments.