Senior Management Group

Senior Management Group, Inc. is a family-owned mortgage broker based in Bellmore that focuses solely on reverse mortgages, specifically Home Equity Conversion Mortgages (HECMs). It helps older homeowners convert part of their equity into cash while staying in the house, with no monthly mortgage payment. Funds can be received as a lump sum, as monthly payments or as a line of credit, and the amount available depends on the borrower's age, the value of the home and any mortgage still owed. Repayment generally comes due when the owner sells, moves out or dies. The team offers free consultations and quotes, walks clients through each step, and holds free seminars for seniors and their adult children. The firm is a registered mortgage broker with the New York State Department of Financial Services and holds licenses in California, Florida, New Jersey and New York.