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New Jersey Reverse Mortgage Lenders

New Jersey is home to a lot of commuters to Manhattan who seek more reasonable cost of living. Residents of cities such as Jersey City, Paterson, Edison, Toms River, Trenton, Camden, Cherry Hill and of course, Newark, all are eligible to take out the new reverse mortgage loans. The new reverse mortgage loans can be used for any purpose by the borrower. Personal finance experts recommend only opting for a reverse mortgage as a last resort for seniors who are strapped for cash. Consider downsizing into a smaller home or borrowing cash through a HELOC before considering a reverse mortgage.

Reverse Mortgage Requirements

Urban Financial of America (UFA)
800-469-7383
NRMLA #3858
Net Equity Financial, Inc.
800-516-0822 ext. 3543
NRMLA #4733
American Advisors Group (AAG)
800-736-6725
NRMLA #5197
Strock & Tanner Mortgage Corp.
855-337-1600
NRMLA #17724
Reverse Mortgages of Pennsylvania and New Jersey, Inc.
888-748-9300
NRMLA #18700
All Island Mortgage & Funding Corp.
888-660-3033
NRMLA #4702
Vanguard Funding LLC
877-881-0010
NRMLA #17044
All Reverse Mortgage Company
800-565-1722
NRMLA #4693
M&T Bank
866-265-6828
NRMLA #229
Equity Loans, LLC
877-255-3554 x200
NRMLA #12106