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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
Generation Mortgage Company
800-601-0790
NRMLA #4035
All Reverse Mortgage Company
800-565-1722
NRMLA #4693
American Advisors Group (AAG)
800-736-6725
NRMLA #5197
Reverse Mortgages of Pennsylvania and New Jersey, Inc.
888-748-9300
NRMLA #18700
Investors Home Mortgage
800-965-3006
NRMLA #4625
Cliffco Mortgage Bankers
800-834-4040
NRMLA #4062
OceanFirst Bank
888-623-2633
NRMLA #3590
Vanguard Funding LLC
877-881-0010
NRMLA #17044
Fulton Mortgage Company
866-750-8762
NRMLA #4292