ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Looking for a reverse mortgage specialist in Allentown? Review the directory below to compare your options.
3 agents listed
Updated May 2026
Allentown, 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 3 reverse mortgage specialists in Allentown, 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.
Rich Daesener at CrossCountry Mortgage
28 S Main St # 14, Allentown, NJ 08501
8563724304
TT Smart Home Loans
12 Allyson Way #1, Allentown, NJ 08501
6402234723
Mortgage Concierge
1 Imlaystown Hightstown Rd, Allentown, NJ 08501
6402234507
A reverse mortgage specialist in Allentown, New Jersey helps homeowners aged 62 and older convert home equity into loan proceeds. New Jersey law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists guide clients through this process and explain how reverse mortgages affect local property taxes and estate planning.
What Does a Reverse Mortgage Specialist in Allentown 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 2,000 to 6,000 dollars. Costs vary by loan amount and property value. 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 qualifications does a reverse mortgage specialist need in New Jersey?
In New Jersey, a reverse mortgage specialist must hold a valid mortgage loan originator license from the New Jersey Department of Banking and Insurance. They must also complete annual continuing education on reverse mortgage rules and federal HECM guidelines.
Are reverse mortgage proceeds taxable in New Jersey?
Reverse mortgage proceeds are not considered income for New Jersey state tax purposes. However, they may affect eligibility for certain need-based programs like Medicaid or property tax relief programs. Consult a tax professional for your specific situation.
What is the counseling requirement for a reverse mortgage in New Jersey?
New Jersey law mandates that all borrowers complete a counseling session with a HUD-approved counselor before applying for a reverse mortgage. This session covers loan terms, costs, and alternatives. The counselor must be independent from the lender.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Allentown who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the New Jersey.