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 8 reverse mortgage specialists in Morganville, 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.
Troy Sears at CrossCountry Mortgage
500 Campus Dr Suite 101, Morganville, NJ 07751
7329951325
Anthony Marone
708 Ginesi Dr Suite 205, Morganville, NJ 07751
7322895600
CrossCountry Mortgage, LLC
500 Campus Dr Suite 101, Morganville, NJ 07751
9082177434
think mortgage
50 US-9 #305, Morganville, NJ 07751
7327835363
Reid Waltzer at CrossCountry Mortgage
500 Campus Dr Suite 101, Morganville, NJ 07751
7328511880
Bluerock Mortgage, LLC
1120 Campus Dr, Morganville, NJ 07751
7322986318
Robert Kelly at Lend Mortgage
708 Ginesi Dr Suite 205, Morganville, NJ 07751
7324561249
Brian Krisman at CrossCountry Mortgage
500 Campus Dr Suite 101, Morganville, NJ 07751
7325951830
What Does a Reverse Mortgage Specialist in Morganville Cost?
Typical costs for a reverse mortgage specialist in New Jersey include an origination fee of up to 2 percent of the home value, mortgage insurance premiums of 2 percent upfront and 0.5 percent annually, and third party costs like appraisal and title fees. Total closing costs often range from 2,000 to 8,000 dollars depending on the loan amount and property value. These costs are usually financed into the loan. 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 Morganville do?
A reverse mortgage specialist guides Morganville homeowners through the HECM process, including eligibility checks, counseling requirements, and loan options. They explain New Jersey specific rules, such as the mandatory counseling session and property charge obligations.
Are there New Jersey laws that affect reverse mortgages?
Yes, New Jersey requires all reverse mortgage borrowers to attend a HUD approved counseling session before applying. The state also mandates a three day rescission period after closing, allowing borrowers to cancel the loan without penalty.
How do I choose a reverse mortgage specialist in Morganville?
Look for a specialist licensed in New Jersey with experience in HECM loans. Verify their credentials through the Nationwide Mortgage Licensing System and ask about their familiarity with Monmouth County property tax rules.