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 13 reverse mortgage specialists in Little Falls Township, 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.
Luminate Bank - Legacy Division
219 Paterson Ave, Little Falls Township, NJ 07424
9733105161
Mark Casamassina at Luminate Bank
219 Paterson Ave, Little Falls Township, NJ 07424
9734353505
Isolina Fernandez-Kirchner Loan Officer - Spanish Speaking
219 Paterson Ave, Little Falls Township, NJ 07424
7328870555
Fabio Gulla at NJ Lenders Corp.
219 Paterson Ave, Little Falls Township, NJ 07424
9736106386
Sandy Davis at NJ Lenders Corp. NMLS#: 172843
219 Paterson Ave, Little Falls Township, NJ 07424
9736709702
Angelo Lefer at Luminate Bank
219 Paterson Ave, Little Falls Township, NJ 07424
9732003323
Ryan Barry at Luminate Bank
219 Paterson Ave, Little Falls Township, NJ 07424
9734545183
Mark Veech - Luminate Bank
219 Paterson Ave, Little Falls Township, NJ 07424
9735578790
Robert Veech at Luminate Bank
219 Paterson Ave, Little Falls Township, NJ 07424
9737156669
Robert Glasser of NJ Lenders Corp
219 Paterson Ave, Little Falls Township, NJ 07424
9732003396
Lisa Aflalo at Luminate Bank
219 Paterson Ave # B5, Little Falls Township, NJ 07424
9738651116
Michael Gibney at NJ Lenders Corp.
219 Paterson Ave, Little Falls Township, NJ 07424
5514864169
RAM Mortgage Partners LLC
88 Main St Suite 203, Little Falls Township, NJ 07424
2019421440
What Does a Reverse Mortgage Specialist in Little Falls Township 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 such as appraisal and title search. These costs can range from 3000 to 8000 dollars depending on the home 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 should a reverse mortgage specialist have in New Jersey?
A specialist should hold a valid New Jersey mortgage loan originator license. They must follow federal HECM rules and New Jersey consumer protection laws. Look for someone with experience in FHA-insured reverse mortgages.
How does New Jersey law affect reverse mortgage proceeds?
New Jersey does not tax reverse mortgage proceeds as income. However, borrowers must still pay property taxes and homeowners insurance. The state offers a property tax freeze program for seniors that can help manage costs.