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Find Reverse Mortgage Specialists in Bridgewater, NJ

Looking for a reverse mortgage specialist in Bridgewater? Review the directory below to compare your options.

12 agents listed
Updated May 2026
Bridgewater, NJ
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the New Jersey before hiring.
Showing 12 reverse mortgage specialists in Bridgewater, NJ Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Michael Borodinsky Home Mortgage
200 Somerset Corporate Blvd suite 1003, Bridgewater, NJ 08807
7323822654
Maria Baxter
1031 US-22 Ste 203, Bridgewater, NJ 08807
8773141499
Movement Mortgage
1031 US-22 Ste 203, Bridgewater, NJ 08807
8773141499
Joseph Bonaduce
1031 US-22 Ste 203, Bridgewater, NJ 08807
9085076839
Tony Croft, Mortgage Lender NMLS #5249
1031 US-22, Bridgewater, NJ 08807
2014249662
Nicholas Gaviria
1031 US-22 Ste 203, Bridgewater, NJ 08807
9088458088
Eric Morse
1031 US-22 Ste 203, Bridgewater, NJ 08807
9088646091
Paul Davis - Movement Mortgage
1031 US-22 Ste 203, Bridgewater, NJ 08807
6107244020
Golden Mortgage Corporation
818 US-202 #206, Bridgewater, NJ 08807
8775391697
Peter Best - NMLS #1992367 - Movement Mortgage
1031 US-22 Ste 203, Bridgewater, NJ 08807
9734763098
R&J Mortgage & Loan Brokers Bridgewater NJ
1200 US-22 #2000, Bridgewater, NJ 08807
2017494855
Steven Cooper - Geneva Financial – Home Loans
1200 US-22 #2000, Bridgewater, NJ 08807
7325007368

A reverse mortgage specialist in Bridgewater, New Jersey helps homeowners aged 62 and older convert home equity into tax-free funds. New Jersey law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage HECM. Local specialists guide clients through the process, including property tax deferral programs available in Somerset County.

What Does a Reverse Mortgage Specialist in Bridgewater Cost?

Typical costs for a reverse mortgage specialist in New Jersey include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third party fees for appraisal title and recording. Total closing costs often range from 5,000 to 15,000 dollars depending on the home value and loan type. This is general information, not mortgage or financial advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.

Frequently Asked Questions

What does a reverse mortgage specialist in Bridgewater do?
A reverse mortgage specialist helps seniors understand loan options, calculate eligible amounts, and navigate the application process. They coordinate with HUD-approved counselors and explain New Jersey specific requirements such as mandatory counseling and property charge obligations.
What are the age and property requirements for a reverse mortgage in New Jersey?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The property must be the primary residence, typically a single-family home, HUD-approved condo, or manufactured home on a permanent foundation.
How long does the reverse mortgage process take in New Jersey?
The process usually takes 30 to 45 days from application to closing. New Jersey law mandates a three day right of rescission after closing, during which the borrower can cancel the loan without penalty.