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 Princeton, 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.
Jumbo Loan Experts LLC
Forrestal Village, 116 Village Blvd #200, Princeton, NJ 08540
8775458626
Team Princeton - Fairway Independent Mortgage Corp.
33 Witherspoon St, Princeton, NJ 08542
6099457513
Tyler Howe, Finance of America Mortgage LLC
33 Witherspoon St, Princeton, NJ 08542
6097596341
U.S. Bank-Mortgage Loan Officer-Aaron Heimowitz
U.S. Bank Area Served, Princeton, NJ 08540
6094935671
Thomas Jinks, Finance of America Mortgage LLC
33 Witherspoon St, Princeton, NJ 08542
6099213131
loanDepot
100 Overlook Center 2nd floor, Princeton, NJ 08540
6094543482
Certified Wealth Mortgage & Investment
101 College Rd E #2, Princeton, NJ 08540
6099245208
Brian Canaris, Finance of America Mortgage LLC
33 Witherspoon St, Princeton, NJ 08542
6099213131
Kevin Kenyon, Finance of America Mortgage LLC
33 Witherspoon St, Princeton, NJ 08542
6099213131
Conveyance Mortgage
100 Overlook Center 2nd floor, Princeton, NJ 08540
6099360296
Expert Mortgage Assistance
116 Village Blvd Suite 200, Office #39, Princeton, NJ 08540
8552440671
Joe Hage - Mortgage Loan Officer
255 Nassau St, Princeton, NJ 08540
9082089514
What Does a Reverse Mortgage Specialist in Princeton Cost?
In New Jersey, reverse mortgage specialists typically charge an origination fee capped at 2 percent of the first 200,000 dollars of the home value plus 1 percent of the amount above 200,000 dollars. Third-party costs such as appraisal, title search, and recording fees can range from 2,000 to 5,000 dollars. Counseling fees are usually around 125 to 250 dollars but may be waived for low-income borrowers. This is general information and 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 requirements for a reverse mortgage in Princeton New Jersey?
Borrowers must be at least 62 years old. If married, the younger spouse must also meet this age requirement to be listed on the loan. New Jersey follows federal HUD rules for age eligibility.
Do I need counseling before getting a reverse mortgage in New Jersey?
Yes. New Jersey law mandates that all reverse mortgage applicants complete a counseling session with a HUD-approved counselor. This session must occur before you can submit a loan application. The counselor explains loan terms, costs, and alternatives.
Can I lose my home with a reverse mortgage in Princeton New Jersey?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. New Jersey law requires lenders to verify that borrowers have the financial ability to meet these obligations. A specialist can help you plan for these ongoing costs.