Yes. You retain the same ownership and title that you have today, as long as you meet your loan obligations, which includes keeping current with taxes, insurance, and maintenance. Just like a traditional “forward” mortgage, the lender simply puts a lien on the property—which is paid off when you sell your home, or when the last borrower no longer lives in it. Your heirs inherit the house, just as they would with any other mortgage, and can decide how to repay the loan.