All Reverse Mortgage, Inc. (ARLO™) is proud to be New Jersey's #1 Rated Reverse Mortgage Lender celebrating 18 Years of excellence. We are the only FL company awarded an A+ Rating by the BBB with perfect 5-Star Reviews.  

Since we started in 2004, our goal has remained simple: to offer the best terms with unbeatable customer service.

We are HUD Approved and offer a full suite of HECM & Jumbo Reverse Mortgages.

Compare our competitive rates and lower costs to any competitor and realize thousands more from your home’s equity!

The difference is clear, and we can’t wait to show you!

New Jersey Reverse Mortgage Facts

All Reverse Mortgage, Inc. (ARLO™) is approved with 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 acronym for their reverse mortgage loan.

All Reverse Mortgage, Inc. (ARLO™) originates in New Jersey and closes both refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payment, utilize their equity for other purposes if they have no existing loan, or possibly a combination of both.

About All Reverse Mortgage® of New Jersey

The owners and management of All Reverse were part of the team that wrote and sold the first fixed rate jumbo reverse mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well.

We are always looking for new products to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve as well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values though so not all borrowers are better served with the jumbo programs.

Only a seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each so that the borrower can make an informed decision.

It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program.

Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool, and many are now seeking the reverse mortgage to augment their retirement plans and not so much the mortgage of last resort.

Everything from the elimination of existing mortgage payments to the line of credit that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan as well.

“The Garden State” has a population of 8,908,520 and 560,300 of those people are homeowners aged 62 and older, which means well over a half-million people may be eligible for a reverse mortgage.

The average home value in New Jersey is $442,500, which is much lower than the HECM reverse mortgage lending limit of $1,089,300.

In New Jersey’s early years, the Dutch were the first Europeans to claim the area, but Native Americans lived in the area for more than 2,800 years before that. New Jersey has the distinction of being one of the original 13 colonies which revolted against the British Crown in the mid-18th century, and therefore became one of the original United States. Both the British and American Continental Armies crossed paths numerous times across the landscape of New Jersey, giving it a nickname as “the Crossroads of the American Revolution.”

On Christmas night in 1776, Continental Army commander General George Washington and his men crossed the Delaware River, surprising the mercenary Hessian troops who fought on behalf of the British and defeated them in the Battle of Trenton. Washington would later launch a surprise attack on the British forces at Trenton in early January 1777, defeating the Crown’s forces there as well.

After the successful separation from Britain, New Jersey became only the third state to ratify the United States Constitution, and would go on to become the first state to ratify the first ten amendments to the Constitution known collectively as the “Bill of Rights.”

In the 19th century, much of the state’s economic growth came from factories that were established throughout the Industrial Revolution in Camden, Paterson, Newark, Trenton and Elizabeth, New Jersey. New Jersey was notable as a Union state which never sided with President Abraham Lincoln in either of the presidential elections in which he was a major party nominee, in 1860 and 1864 respectively. Lincoln’s Democratic opponent in 1864, former General George B. McClellan, resided in New Jersey and later became the state’s governor during the era of post-war reconstruction.

In the 20th century, New Jersey prospered during the 1920s but was drawn into the economic upheaval of the Great Depression. During both World Wars, New Jersey was a major location for wartime manufacturing, particularly for naval ships.

New Jersey’s prime location between Boston and New York City as well as its close proximity to Philadelphia, Baltimore and Washington D.C. helped the state grow through suburbanization in the second half of the 20th century.

Today, New Jersey’s economy is centered around the pharmaceutical industry, the financial industry, chemical development, telecommunications, food processing, printing, publishing and tourism.

New Jersey has been a point of tourism for many reasons. One reason being its close location to Canada as well as its gambling and entertainment opportunities in Atlantic City. The first legalized casino opened in Atlantic City in 1978 — at the time Las Vegas was the only mega-casino resort area.

If you reside in New Jersey, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.

Other Areas of Interest in New Jersey

Did you know? New Jersey state does not mandate in-person counsleing. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.

Additional Resources:
Reversemortgage.org NRMLA Members in New Jersey
HUD.GOV Approved Lenders Search

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