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 13 reverse mortgage specialists in Hackensack, 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.
Get A Rate
411 Hackensack Ave Suite 104, Hackensack, NJ 07601
2013930200
DreamMaker Funding
411 Hackensack Ave Suite 303, Hackensack, NJ 07601
2013436100
Homeland Lending, LLC
290 Vincent Ave 3rd Floor, Hackensack, NJ 07601
2018088179
Ken Goffstein | Bergen Mortgage Enterprise LLC I VP Retail Lending
411 Hackensack Ave Suite 200, Hackensack, NJ 07601
2013148931
Jayden Mehmet Guvener - CMG Home Loans
433 Hackensack Ave 5th Floor, Hackensack, NJ 07601
9736027177
Anthony Petruzziello at CrossCountry Mortgage
0 - 401 Hackensack Ave 8th Floor, Hackensack, NJ 07601
2017160546
Mortgage Acuity
2 University Plaza Dr Suit 100, Hackensack, NJ 07601
2015009794
Fairway Independent Mortgage Corporation
411 Hackensack Ave, Hackensack, NJ 07601
2018255801
Steven LoBue at CrossCountry Mortgage
401 Hackensack Ave 8th Floor, Suite 804, Hackensack, NJ 07601
2018810335
WELCOME HOME MORTGAGE
241 Hudson St, Hackensack, NJ 07601
8772711703
Greenback Capital Mortgage Corporation
1 University Plaza Dr suite 506, Hackensack, NJ 07601
2018376400
CMG Home Loans
433 Hackensack Ave 5th Floor, Hackensack, NJ 07601
9737946908
Lanie Conklin at Total Mortgage (NMLS #106499)
54 54 Main St, Hackensack, NJ 07601
9175324416
What Does a Reverse Mortgage Specialist in Hackensack 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 search, and recording. Total closing costs often range from 5,000 to 15,000 dollars depending on the property 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 are the age and equity requirements for a reverse mortgage in Hackensack?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The home must be your primary residence, and you must meet with a HUD-approved counselor before applying.
Are reverse mortgage proceeds taxable in New Jersey?
Reverse mortgage proceeds are not considered income for federal or New Jersey state tax purposes. However, interest on the loan is not deductible until the loan is paid off. Consult a tax professional for your specific situation.