Brick Township Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be New Jersey’s #1 Rated Reverse Mortgage Lender, as recognized by the Better Business Bureau. We have a perfect 5-star rating and an A+ exemplary score. We’ve been serving New Jersey homeowners since 2004 and are dedicated to providing reverse mortgages that help you enjoy your retirement years with peace of mind.
We understand that you deserve the best possible rate with the lowest costs. That’s why we focus solely on reverse mortgages, ensuring you receive expert guidance every step of the way. As a HUD-approved direct lender, we offer both national HECM programs and specialized jumbo Reverse Mortgages for homeowners with higher-value properties in Brick Township and the surrounding area.
We invite you to compare our customer reviews, lower rates, and closing costs with those of any other lender. We’re confident you’ll see the difference, and we look forward to helping you achieve your financial goals.
All Reverse Mortgage, Inc. is licensed by the Department of Banking & Insurance (License/Registration #N000018109)
Brick Township Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Brick Township (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Brick Township | 8,372 | 22 | 1 | 12 | $263,200 |
HUD Approved Direct Lender
All Reverse Mortgage, Inc. (ARLO™) is approved by the Department of Housing and Urban Development (HUD) to originate, underwrite, and close the HUD Home Equity Conversion Mortgage (HECM, or “Heck-um”). The HECM is HUD’s reverse mortgage loan program designed to help seniors tap into their home equity.
All Reverse Mortgage, Inc. (ARLO™) serves the Brick Township community by originating and closing refinance loans for homeowners who wish to pay off their existing mortgage and eliminate monthly payments, or for those who want to utilize their home equity for other purposes. We also cater to those interested in a combination of both.
About All Reverse Mortgage, Inc.
The owners and management of All Reverse Mortgage, Inc. were part of the team that introduced and sold the first fixed-rate jumbo reverse mortgage in 2008. With extensive experience in jumbo and proprietary loan programs, we continuously seek out new products to better serve homeowners with high-value properties, especially in markets where the HUD HECM may not fully meet their needs.
Our seasoned originators are dedicated to helping borrowers understand the pros and cons of each reverse mortgage option, ensuring they make informed decisions that best suit their needs. Whether you’re in a strong HUD HECM market or near a niche jumbo market, we provide expert guidance to help you choose the right financial tool.
Homeowners aged 62 and older are increasingly turning to reverse mortgages as a way to enhance their retirement plans rather than as a last resort. By eliminating existing mortgage payments or establishing a growing line of credit, reverse mortgages empower homeowners to live comfortably and plan for the future in their family homes.
Brick Township, New Jersey Reverse Mortgage Lending Limits
Brick Township, located in Ocean County, New Jersey, is the third most populous municipality in the county. Its rich history dates back to its incorporation in 1850. With approximately 75,000 residents, Brick Township ranks as the 13th largest municipality in the state. Notably, 22.4% of the township’s residents are senior homeowners aged 62 or older, making it a community with a significant number of older, long-term homeowners.
Brick Township’s Economy and Lifestyle
Brick Township’s economy thrives on several key sectors, including retail trade, healthcare, education, and scientific services. Beyond work, the township offers a variety of recreational options. Families can enjoy fun-filled activities at Pirates on the Manasquan theme park, try surfing lessons, or explore the numerous parks and hiking trails in the area. Whether you’re looking for outdoor fun or educational experiences, Brick Township has something for everyone.
Brick Township Housing Market and Reverse Mortgage Opportunities
As of January 2024, the median home value in Brick Township is $263,200, reflecting a 4.0% increase over the last year. With home prices projected to rise another 0.9%, many homes in the township remain below the federal reverse mortgage lending limit of $1,209,750, which applies to government-insured HECM loans. However, for homeowners with properties exceeding this limit, jumbo loan programs provide an opportunity to tap into additional home equity.
How a Reverse Mortgage Can Benefit You
If you’re a senior homeowner aged 62 or older in Brick Township, a reverse mortgage could be a helpful financial tool, allowing you to access your home’s equity to supplement your retirement. Whether you’re looking to eliminate monthly mortgage payments or unlock additional funds, All Reverse Mortgage, Inc. (ARLO™) is here to guide you.
Give us a call today Toll-Free at (800) 565-1722, or visit our reverse mortgage calculator to explore your options and see how much you could access through a reverse mortgage. We’re ready to assist you in making informed decisions and ensuring a comfortable and confident retirement.
