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Compare Reverse Mortgage Specialists in Turnersville, NJ
Directory of reverse mortgage specialists in Turnersville, New Jersey. Verify credentials with the state mortgage licensing authority before hiring.
2 agents listed
Updated May 2026
Turnersville, 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 Turnersville, 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.
American Financial Network Inc: Tim Miller, Regional Branch Manager NMLS #132510
4551 Black Horse Pike Suite 10, Turnersville, NJ 08012
6093525367
The Varano Group- Greentree Mortgage an HMA Partner
5001 NJ-42, Turnersville, NJ 08012
2152197357
A reverse mortgage specialist in Turnersville, New Jersey helps homeowners aged 62 and older convert home equity into tax-free funds without monthly payments. New Jersey law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage (HECM). Local specialists understand Gloucester County property values and can explain how New Jersey state laws affect loan terms and repayment.
What Does a Reverse Mortgage Specialist in Turnersville 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 closing costs ranging from $2,000 to $5,000. Third-party fees for appraisal, title search, and recording may add $1,000 to $3,000. Counseling fees are usually $125 to $150. These costs can be financed into the loan. 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 does a reverse mortgage specialist in Turnersville need?
In New Jersey, a reverse mortgage specialist must hold a valid mortgage loan originator license through the NMLS. They should also have specific training in HECM products and knowledge of New Jersey property tax deferral programs for seniors.
How does New Jersey law affect reverse mortgage proceeds?
New Jersey does not tax reverse mortgage proceeds as income. However, borrowers must continue paying property taxes and homeowners insurance. The New Jersey Homestead Benefit and Senior Freeze programs may help offset property tax costs for eligible seniors.
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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.