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Reverse Mortgage Specialists in Shrewsbury, NJ

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

12 agents listed
Updated May 2026
Shrewsbury, 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 12 reverse mortgage specialists in Shrewsbury, 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.
Jerry DeMaio at CrossCountry Mortgage
494 Sycamore Ave Suite 200, Shrewsbury, NJ 07702
7323514652
Luminate Bank - Shrewsbury Branch
39 Ave at the Cmns, Shrewsbury, NJ 07702
7323899898
Mortgage Now Inc
1161 Broad St Suite 212, Shrewsbury, NJ 07702
7324600888
Brenden Kipnis, NMLS #2293848
499 Broad St, Shrewsbury, NJ 07702
9084158618
loanDepot
1030 Broad St #101, Shrewsbury, NJ 07702
7325927136
Michael C Silvestri at CrossCountry Mortgage
494 Sycamore Ave Suite 200, Shrewsbury, NJ 07702
2128149632
loanDepot I Sal Moschitta I NMLS#460197
1030 Broad St #101, Shrewsbury, NJ 07702
7322610278
David Baum at CrossCountry Mortgage
494 Sycamore Ave Suite 200, Shrewsbury, NJ 07702
7328534969
Andrew Savoca at CrossCountry Mortgage
39 Ave at the Cmns, Shrewsbury, NJ 07702
7327424951
Raymond Morgan at CrossCountry Mortgage
494 Sycamore Ave Suite 200, Shrewsbury, NJ 07702
7322009082
Michael Beagan at CrossCountry Mortgage, LLC
494 Sycamore Ave Suite 200, Shrewsbury, NJ 07702
9086015591
Rene' Stone
494 Sycamore Ave Suite 200, Shrewsbury, NJ 07702
7322459559

A reverse mortgage specialist in Shrewsbury, New Jersey helps homeowners aged 62 and older convert home equity into cash. New Jersey law requires borrowers to complete HUD-approved counseling before applying. Local specialists understand Monmouth County property values and can guide you through the process.

What Does a Reverse Mortgage Specialist in Shrewsbury Cost?

In New Jersey, reverse mortgage costs include an origination fee capped at 2 percent of the first 200,000 dollars of the home value plus 1 percent of any amount over that. Other costs include an appraisal fee of 450 to 600 dollars, a credit report fee of 30 to 50 dollars, and title insurance. Counseling fees range from 125 to 150 dollars. Closing costs vary by lender 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 are the eligibility requirements for a reverse mortgage in Shrewsbury New Jersey?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence. New Jersey law also requires you to attend a counseling session with a HUD-approved counselor before you can apply.
How does a reverse mortgage work in New Jersey?
A reverse mortgage allows you to borrow against your home equity without making monthly payments. The loan becomes due when you move out, sell the home, or pass away. In New Jersey, the lender must provide a detailed disclosure statement at least three days before closing.