Reverse Mortgage

Reverse Mortgage Loans — South Florida Quality Mortgage
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FHA Insured — HECM Program

Reverse Mortgages in South Florida

Access your home equity without making monthly mortgage payments. The FHA-insured HECM reverse mortgage is available to homeowners age 62 and older. Stay in your home and improve your retirement cash flow.

62+
Minimum age
HECM
FHA insured program
23+
Years experience
Get a Free Consultation Call 954-455-7625

Get Pre-Qualified Today

Response time 24 hours or less — usually same day.

No obligation. No credit pull. NMLS #376794

62+
Age requirement
HECM
FHA insured
No
Monthly payments required
23+
Years in Florida
How It Helps

Benefits of a Reverse Mortgage

A reverse mortgage lets you access the equity you’ve built in your home — on your terms — without having to sell or make monthly mortgage payments.

Stay in Your Home

You remain the owner of your home and continue living in it. The loan is not due until you move out, sell, or pass away.

No Monthly Payments

You are not required to make monthly mortgage payments. You only need to maintain the home, pay taxes, and keep insurance current.

Flexible Payout Options

Receive your funds as a lump sum, monthly payments, a line of credit, or a combination. Choose what works best for your situation.

FHA Insured — HECM

The HECM is insured by the FHA — one of the most regulated and consumer-protected loan programs available to seniors.

Pay Off Existing Mortgage

Use the reverse mortgage to eliminate your current mortgage payment entirely — freeing up monthly cash flow immediately.

Non-Recourse Loan

You or your heirs will never owe more than the home is worth. The FHA insurance covers any shortfall if the loan balance exceeds the home value.

How It Works

The reverse mortgage process

We guide you through every step — from your first question to closing.

1

Free Consultation

We explain how a reverse mortgage works, how much you may qualify for, and whether it’s right for your situation.

2

HUD Counseling

FHA requires all borrowers to complete a brief counseling session with a HUD-approved counselor. We help you schedule it.

3

Application & Appraisal

We handle your application and coordinate the home appraisal to determine your loan amount.

4

Close & Access Funds

After closing you access your funds in your chosen format — lump sum, monthly, or credit line.

Why Choose Us

Why Choose SFQMC for Your Reverse Mortgage

A reverse mortgage is one of the most important financial decisions you will make. You deserve a lender who will explain it clearly and put your interests first.

We Explain Everything Clearly

No pressure, no confusing jargon. We take the time to make sure you fully understand how the program works before you make any decisions.

23 Years of Experience

We have been helping South Florida homeowners with reverse mortgages for over two decades. You are working with an experienced, licensed team.

We Service Our Own Loans

You deal with us from application to the life of the loan. No transfers to unknown servicers — we stay with you.

Local South Florida Lender

We are based in Miramar, FL. We know this market and are available to meet in person to discuss your options.

Common Questions

Reverse Mortgage FAQs

Answers to the questions we hear most often from homeowners considering a reverse mortgage.

What is a reverse mortgage?
A reverse mortgage is a loan that allows homeowners age 62 and older to convert a portion of their home equity into cash. Unlike a traditional mortgage, no monthly payments are required. The loan is repaid when the borrower sells the home, moves out permanently, or passes away.
Do I still own my home with a reverse mortgage?
Yes — you remain the owner of your home throughout the life of the reverse mortgage. The lender does not take ownership of your home. You must continue to live in the home as your primary residence and keep up with property taxes, homeowner’s insurance, and maintenance.
How much can I borrow?
The amount you can borrow depends on your age, the value of your home, current interest rates, and the FHA lending limit. Generally speaking, the older you are and the more equity you have, the more you can access. Call us for a free estimate based on your specific situation.
What happens when I pass away?
When the last borrower passes away or permanently leaves the home, the loan becomes due. Your heirs have the option to sell the home to repay the loan, refinance the loan into their own name to keep the home, or walk away — the FHA insurance ensures they will never owe more than the home is worth.
Is a reverse mortgage right for me?
A reverse mortgage is not right for everyone. It is best suited for homeowners who plan to stay in their home long-term, need to supplement retirement income or eliminate a mortgage payment, and have significant equity in their home. Call us for a free no-obligation consultation to see if it makes sense for your situation.
What is required to qualify?
To qualify for a HECM reverse mortgage you must be 62 or older, own your home outright or have significant equity, live in the home as your primary residence, and complete a HUD-approved counseling session. The home must be a single family home, 2-4 unit property with one unit owner-occupied, FHA-approved condo, or manufactured home meeting FHA requirements.

These materials are not from HUD or FHA and were not approved by HUD or a government agency. This is not a commitment to lend. All loans subject to approval. South Florida Quality Mortgage Corp. NMLS #376794. Licensed Mortgage Lender & Broker — State of Florida.

Ready to Learn More?

Call us for a free no-obligation consultation — we will explain everything clearly with no pressure.
Available to meet in person in Miramar, FL.

Call (954) 455-7625 Request a Consultation