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New Jersey Reverse Mortgage Directory
New Jersey Reverse Mortgage Specialists
Welcome to the New Jersey reverse mortgage directory. The following reverse mortgage brokers and lenders offer reverse mortgages and other loan solutions in the state of New Jersey. Please contact them for additional details and program offerings.
National Reverse Mortgages
MetLife Reverse Mortgage Specialist
Originally from the UK, Mark has lived here for 22 yrs now, and loves it. Mark is a New Jersey reverse mortgage broker, but is able to service all 50 states. He is also a proud member of the NAIPC (National Aging In Place Council.) He provides an excellent level of service and is available to answer any reverse mortgage questions... Read More
Mark Draper - Reverse Mortgage Specialist
501 Route 22 West
Bridgewater, NJ 08807
Tel - 732-318-4162 | Toll-free - 800-607-0366
Email | Website
Senior Reverse Mortgage Online is a national Reverse Mortgage Referral Service. We are currently accepting state listings in our Reverse Mortgage Directory. If you are a New Jersey reverse mortgage broker or reverse mortgage lender, and want in the directory please Contact Us for directory listing details and costs.
New Jersey Reverse Mortgage Information
If you are a New Jersey resident looking for supplemental retirement income, then the New Jersey reverse mortgage may be an option for you. A reverse mortgage is a unique loan created especially for senior citizens, to offer additional income during the retirement years. The New Jersey reverse mortgage is administered by HUD and insured by the FHA, so it's completely safe. New Jersey reverse mortgages DO NOT have to be repaid, so long as the borrower lives in the home, or until the youngest borrower passes away. Basic eligibility rules are below.
New Jersey Reverse Mortgage Requirements
- >>Borrowers must be Age 62 years or older
- >>Own their home and have enough equity in to qualify
- >>Occupy the home as primary residence
- >>Receive counseling by an approved HUD/FHA counselor
- >>The home must be in reasonably good repair
New Jersey Reverse Mortgage Benefits
- >> The money you receive is tax free income
- >> No payments as long as you live in the home
- >> No credit or income requirements
- >> Reverse mortgages are supported by AARP
- >> Reverse mortgages are insured by the FHA
As you can see the reverse mortgage is fairly easy to obtain, is approved and supported by many organizations, and may just be what you need to solve your financial problems. If you decide to secure a reverse mortgage in New Jersey, you may receive payment in one of the following ways.
New Jersey Mortgage Payments
- >> Lump sum disbursement
- >> Monthly payments
- >> Line of credit
- >> A combination of the Above
Our firm provides reverse mortgage loans throughout the USA and we would be happy to discuss the New Jersey reverse mortgage with you. The reverse mortgage is not for everyone though, and alternatives are available. We can walk you through the process and identify a solution for you. For more information on NJ. reverse mortgages, please request your Reverse Mortgage Quote or to return to the Reverse Mortgage homepage.
We are happy to offer the reverse mortgage across the great state of New Jersey. Below are just a few of the New Jersey cities we proudly serve.
Eatontown, NJ. Reverse Mortgages, Springfield, NJ. Reverse Mortgages, Newark, NJ. Reverse Mortgages, Jersey City, NJ. Reverse Mortgages , Paterson, NJ. Reverse Mortgages, Elizabeth, NJ. Reverse Mortgages , Edison, NJ. Reverse Mortgages, Toms River, NJ. Reverse Mortgages, Trenton, NJ. Reverse Mortgages, Camden, NJ. Reverse Mortgages, New Brunswick Reverse Mortgages
Clifton - East Orange - Passaic - Union City - Bayonne - Irvington - Vineland - Union - Wayne - New Brunswick - Plainfield - Bloomfield - Perth Amboy - East Brunswick - West New York - West Orange - Hackensack - Atlantic City - Kearny - Sayreville - Linden - Teaneck - ontclair - Hoboken - North Brunswick Township