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.
Directory of reverse mortgage specialists in Chatham, New Jersey. Verify credentials with the state mortgage licensing authority before hiring.
5 agents listed
Updated May 2026
Chatham, 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 Chatham, 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.
U.S. Bank: James Chu
1 Main St STE 203, Chatham, NJ 07928
2017252800
Andy Ji-U.S. Bank Mortgage
1 Main St STE 203, Chatham, NJ 07928
7323212544
Amir Ahmad-U.S. Bank Mortgage
1 Main St STE 203, Chatham, NJ 07928
2123612895
David Rivero-U.S. Bank Mortgage
1 Main St STE 203, Chatham, NJ 07928
9734572285
Cronheim Mortgage
205 Main St, Chatham, NJ 07928
9736356800
What Does a Reverse Mortgage Specialist in Chatham Cost?
Typical costs for a reverse mortgage 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 8,000 dollars depending on the property value and lender. Ongoing costs include annual mortgage insurance and servicing fees. 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 Chatham do?
A reverse mortgage specialist guides homeowners through the HECM process, including eligibility checks, counseling requirements, and loan terms. They explain how New Jersey property taxes and insurance obligations affect the loan. The specialist helps you compare options from different lenders.
What are the New Jersey requirements for a reverse mortgage?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. New Jersey law mandates third-party counseling from a HUD-approved agency. The home must be your primary residence and meet FHA property standards.
How long does the reverse mortgage process take in New Jersey?
The process typically takes 30 to 60 days from application to closing. This includes counseling, appraisal, underwriting, and legal review. New Jersey does not have a specific state-mandated timeline beyond federal HUD rules.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Chatham 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.