Newark Reverse Mortgage

Seniors 62 or older who need extra funds or simply interested in tapping into the equity in their home through a New Jersey reverse mortgage, will notice that fees in Newark have dropped due to more and more banks competiting for their business. The closing cost of a New Jersey reverse mortgage has almost been cut in half. A reverse mortgage is a more common term for a Home Equity Conversion Mortgage (HECM). Here are a list of a few HECM lenders in the Essex County area.

Newark HECM Lender

There are a number of factors that affect whether or not you qualify for a reverse mortgage in Newark. If you have no equity, you may not be able to qualify for a HECM/reverse mortgage. Contact a professional to discuss your options.



Newark, NJ has an estimated population of 279788.

National reverse mortgage companies such as Bank of America, Citi, Lending Tree, Wells Fargo and Wachovia are part of the mortgage network.