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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

Amboy Bank
NRMLA #4276
OceanFirst Bank
NRMLA #3590
Advisors Mortgage Group, LLC
(800) 657-1080
NRMLA #18083
Equity Loans, LLC
877-255-3554 x200
NRMLA #12106
Urban Financial of America (UFA)
NRMLA #3858
All Island Mortgage & Funding Corp.
NRMLA #4702
Greenlight Financial Services
NRMLA #3842
All Reverse Mortgage Company
NRMLA #4693
Reverse Mortgages of Pennsylvania and New Jersey, Inc.
NRMLA #18700
Fulton Mortgage Company
NRMLA #4292