Skip to main content

Find Reverse Mortgage Specialists in Cape May, NJ

Looking for a reverse mortgage specialist in Cape May? Review the directory below to compare your options.

5 agents listed
Updated May 2026
Cape May, 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 5 reverse mortgage specialists in Cape May, 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.
Cape May Mortgage Company
653 Washington St Suite 101, Cape May, NJ 08204
6095369147
David Strassner
1252 NJ-109 1st Floor, Cape May, NJ 08204
4432864942
Best One Stop Mortgage
221 Jackson St #44, Cape May, NJ 08204
6402234509
Best Lending Green Creek
8 Bayshore Rd, Cape May, NJ 08204
6403000540
Fairway Independent Mortgage Corporation
1252 NJ-109 1st Floor, Cape May, NJ 08204
6098840108

A reverse mortgage specialist in Cape May, New Jersey helps homeowners aged 62 and older convert home equity into tax-free funds. New Jersey law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists guide clients through the process, including property eligibility and repayment terms specific to Cape May County.

What Does a Reverse Mortgage Specialist in Cape May Cost?

Typical costs for a reverse mortgage specialist in New Jersey include origination fees (up to $6,000), third-party charges (appraisal, title search, and credit report fees ranging from $500 to $1,500), and an upfront mortgage insurance premium (2% of the home value). Annual servicing fees are capped at $30 to $35 per month. Costs vary by loan size and lender. 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 do in Cape May?
A reverse mortgage specialist in Cape May advises homeowners on HECM loans, explains eligibility requirements, and coordinates with lenders. They ensure compliance with New Jersey regulations, including mandatory counseling and property condition standards.
What are the age and property requirements for a reverse mortgage in New Jersey?
Borrowers must be at least 62 years old and own a primary residence in Cape May. Eligible properties include single-family homes, FHA-approved condos, and manufactured homes. New Jersey does not impose additional age restrictions beyond federal HUD rules.