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 19 reverse mortgage specialists in Toms River, 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.
Oceanside Mortgage Company
55 Main St, Toms River, NJ 08753
8009558965
Josh Blair-Top Mortgage Broker NMLS #241845
1310 Hooper Ave Third Floor, Toms River, NJ 08753
7329047856
Advisors Mortgage Group - Nick Esposito & Matthew Patterson
1416 Hooper Ave, Toms River, NJ 08753
7327514482
Advisors Mortgage Group - Toms River, NJ
1416 Hooper Ave, Toms River, NJ 08753
8007789044
Luminate Bank - Toms River Branch
1848 Hooper Ave Suite 5, Toms River, NJ 08753
8482266166
New Jersey Mortgage Services
30 N Main St, Toms River, NJ 08753
8007899293
Mark Ramos at CrossCountry Mortgage
1182 Fischer Blvd Ste 1, Toms River, NJ 08753
7327132887
Joseph Rowen The Mortgage Guy
1416 Hooper Ave, Toms River, NJ 08753
2675929286
Glendenning Mortgage Corporation
81 E Water St Suite 3A and 3C, Toms River, NJ 08753
7322407227
New American Funding - Toms River, NJ
1415 Hooper Ave Suite 202, Toms River, NJ 08753
7329302355
PRMG Got Mortgages Toms River
1466 Hooper Ave, Toms River, NJ 08753
9735360276
Steve Vetter Annie Mac
1898 Hinds Rd, Toms River, NJ 08753
7326744783
Easy Mortgage Solutions
2214 NJ-37 E, Toms River, NJ 08753
8007507996
Greg Morga - AnnieMac Home Mortgage - The A Team
1898 Hinds Rd, Toms River, NJ 08753
9176138597
Advisors Mortgage Group LLC - Nicole Chopp
1416 Hooper Ave, Toms River, NJ 08753
9084823385
Kristopher Davis
1415 Hooper Ave # 202, Toms River, NJ 08753
7325972040
Advisors Mortgage Group LLC - Doug Porter
1416 Hooper Ave, Toms River, NJ 08753
9179741023
Anthony Bueti at AnnieMac Home Mortgage
1898 Hinds Rd, Toms River, NJ 08753
7323786165
EASY MORTGAGE SOLUTIONS
2214 NJ-37, Toms River, NJ 08753
8007507996
What Does a Reverse Mortgage Specialist in Toms River Cost?
Typical costs for a reverse mortgage specialist in New Jersey include an origination fee of up to 2 percent of the home value, an appraisal fee of 400 to 600 dollars, and third-party charges for title search and recording. Closing costs generally range from 2,000 to 5,000 dollars. Borrowers also pay a monthly servicing fee of around 30 to 35 dollars. These costs can be financed into the loan amount. 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 does a reverse mortgage specialist in Toms River do?
A reverse mortgage specialist guides homeowners through the application process, explains loan terms, and ensures compliance with New Jersey regulations. They help determine eligibility based on age, home value, and existing mortgage balance. The specialist also coordinates with HUD-approved counselors as required by New Jersey law.
Are there specific New Jersey rules for reverse mortgages?
Yes, New Jersey mandates that borrowers receive independent counseling from a HUD-approved agency before closing. The state also requires lenders to disclose all fees and terms in writing. Borrowers must be at least 62 years old and occupy the home as their primary residence.
How long does the reverse mortgage process take in New Jersey?
The process typically takes 30 to 60 days from application to closing in New Jersey. This includes the mandatory counseling session, property appraisal, and underwriting review. Delays can occur if the home needs repairs to meet FHA standards.