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 9 reverse mortgage specialists in Iselin, 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.
American Royal Mortgage Corp
100 S Wood Ave # 123, Iselin, NJ 08830
7323219378
Best Mortgagee
66 Middlesex Ave #104, Iselin, NJ 08830
7324544447
Star Mortgage & Finance LLC - NMLS #755791
200 Middlesex Turnpike #207, Iselin, NJ 08830
7327500780
Casabella Financial Services, LLC NJ
838 Green St #202, Iselin, NJ 08830
7729052427
Homebridge
99 Wood Ave Suite 301, Iselin, NJ 08830
8882664930
REMN Wholesale
99 Wood Ave Suite 301, Iselin, NJ 08830
7327387100
American Dollar Funding
894 Green St STE C, Iselin, NJ 08830
7326361500
InstaMortgage - Andy Christian
33 Wood Ave Suite 600, Iselin, NJ 08830
6464364660
Dino Guadagnino| Homebridge | SVP, Divisional Leader, Reverse Mortgage Loan Originator
194 S Wood Ave 9th floor, Iselin, NJ 08830
9737272412
What Does a Reverse Mortgage Specialist in Iselin Cost?
Typical costs for a reverse mortgage in New Jersey include an origination fee of up to $6,000, a mortgage insurance premium of 2% of the homes value, and third-party fees for appraisal and title search. Total closing costs often range from $8,000 to $15,000, but can be financed into the loan. Costs vary by lender 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 eligibility requirements for a reverse mortgage in Iselin 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 a primary residence, such as a single-family home, HUD-approved condo, or manufactured home. New Jersey law also requires a financial assessment to ensure the borrower can pay property taxes and insurance.
How much can I borrow with a reverse mortgage in Iselin?
The loan amount depends on the youngest borrowers age, the homes appraised value, and current interest rates. In New Jersey, the maximum claim amount for a HECM is $1,089,300 as of 2024. A reverse mortgage specialist can provide a personalized estimate based on your specific situation.