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 Jamesburg, New Jersey. Verify credentials with the state mortgage licensing authority before hiring.
2 agents listed
Updated May 2026
Jamesburg, 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 2 reverse mortgage specialists in Jamesburg, 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.
Petra Cephas: Residential Mortgage Brokers
315 Forsgate Dr, Jamesburg, NJ 08831
7328731365
Star Mortgage & Finance LLC - NMLS #755791
241 Forsgate Dr Suite 205, Jamesburg, NJ 08831
7327500780
A reverse mortgage specialist in Jamesburg, New Jersey helps homeowners aged 62 and older convert home equity into cash without selling their property. New Jersey law requires borrowers to receive counseling from a HUD-approved agency before obtaining a Home Equity Conversion Mortgage (HECM). Jamesburg residents can use these funds for home repairs, medical expenses, or supplementing retirement income while still owning their home.
What Does a Reverse Mortgage Specialist in Jamesburg Cost?
In New Jersey, reverse mortgage costs typically 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. These costs can range from 2000 to 6000 dollars depending on the loan amount and property value. 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 is a reverse mortgage specialist in Jamesburg?
A reverse mortgage specialist is a licensed professional who guides Jamesburg homeowners through the process of obtaining a reverse mortgage. They explain loan options, help with paperwork, and ensure compliance with New Jersey and federal regulations.
Who qualifies for a reverse mortgage in Jamesburg New Jersey?
To qualify, you must be at least 62 years old, own your home outright or have a low mortgage balance, and live in the property as your primary residence. New Jersey law also requires you to complete a HUD-approved counseling session before applying.
Are reverse mortgage proceeds taxable in New Jersey?
Reverse mortgage proceeds are generally not considered taxable income by the IRS or the state of New Jersey. However, interest on the loan is not deductible until the loan is repaid. Consult a tax professional for your specific situation.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Jamesburg 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.