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Browse reverse mortgage specialists serving Pennsauken, New Jersey. Contact information and addresses listed below.
2 agents listed
Updated May 2026
Pennsauken, 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 Pennsauken, 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.
Mortgage, Bank of America
4900 NJ-70, Pennsauken, NJ 08109
8563968461
PNC Mortgage
4934 Westfield Ave, Pennsauken, NJ 08110
8566613101
Reverse mortgage specialists in Pennsauken New Jersey help older homeowners access home equity without monthly payments. New Jersey law requires borrowers to complete a HUD-approved counseling session before applying. Specialists guide clients through the process from eligibility checks to loan closing.
What Does a Reverse Mortgage Specialist in Pennsauken Cost?
Typical costs for a reverse mortgage in New Jersey include an origination fee of up to 2 percent of the home value, mortgage insurance premiums of 2 percent upfront plus 0.5 percent annually, and third-party fees for appraisal title and recording. Total closing costs often range from 2,000 to 8,000 dollars depending on home value and loan type. 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 are the age requirements for a reverse mortgage in Pennsauken New Jersey?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement. New Jersey law does not have additional age rules beyond federal HUD guidelines.
Do I need counseling to get a reverse mortgage in New Jersey?
Yes, New Jersey requires all reverse mortgage applicants to complete counseling with a HUD-approved agency. The counseling must occur before you submit a loan application. The counselor explains costs, obligations, and alternatives.
Can I lose my home with a reverse mortgage in Pennsauken?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. New Jersey law does not provide extra protections beyond federal rules. You must keep the home as your primary residence.
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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.