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
- All borrowers on the loan must be age 62 or older
- Complete a reverse mortgage counseling session.
- Must have enough equity in the property
- Property must be a single-family home, townhome, HUD approve condo or certain manufactured homes. Co-ops are not eligible for a reverse mortgage.
Featured New Jersey Reverse Mortgage Lender

Greenlight Financial Services
877-773-2783
NRMLA #3842

Vanguard Funding LLC
877-881-0010
NRMLA #17044

Urban Financial of America (UFA)
800-469-7383
NRMLA #3858
OceanFirst Bank
888-623-2633
NRMLA #3590
All Island Mortgage & Funding Corp.
888-660-3033
NRMLA #4702

All Reverse Mortgage Company
800-565-1722
NRMLA #4693

Amboy Bank
800-942-6269
NRMLA #4276
Investors Home Mortgage
800-965-3006
NRMLA #4625

Generation Mortgage Company
800-601-0790
NRMLA #4035

M&T Bank
866-265-6828
NRMLA #229