Tom’s River 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 Tom’s River 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)
Tom’s River Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Tom's River (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Tom's River | 19,846 | 65 | 3 | 32 | $396,933 |
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 new products to better serve borrowers with high-value homes, particularly in markets where the HUD HECM may not fully meet their needs. While jumbo or proprietary programs typically offer lower Principal Limits relative to home values, they can be an ideal option for certain borrowers.
Our seasoned originators are well-equipped to help borrowers understand which program best suits their needs, weighing the positives and negatives of each option so that they can make an informed decision. It is not uncommon to find markets where a HUD HECM is the right fit, while a nearby area may benefit more from a niche jumbo program.
Homeowners aged 62 and above increasingly recognize that reverse mortgages can be a solid financial tool, not just a last resort. From eliminating existing mortgage payments to establishing a growing line of credit, reverse mortgages allow borrowers to live comfortably in their family homes while planning for the future.
Toms River Lending Limits
Toms River is a township in Ocean County, New Jersey. Officially incorporated in February 1798, It has grown to become the 8th most populous municipality in New Jersey, with a population just shy of 92,000, according to the U.S. Census Bureau. Approximately 20,741 (or 23%) of residents are homeowners aged 62 or older.
Popular job industries in Toms River include retail trade, construction, professional or scientific services, and healthcare. Outside of work, many residents enjoy visiting local attractions like the Waterhouse Museum, which features art from Colonel Charles Waterhouse, a U.S. Marine veteran of the Battle of Iwo Jima. Another popular destination is the Casino Pier, which offers fun and games for the whole family. Toms River has also appeared in popular television shows like Boardwalk Empire and Jersey Shore.
As of January 2023, the median home value in Toms River is $396,933, reflecting a 14.7% increase over the last 12 months. Many homes in Toms River are valued under the federal maximum reverse mortgage lending limit of $1,149,825, which applies to government-insured HECM loans. Senior homeowners can explore jumbo loan programs for higher-valued homes to tap into additional home equity.
If you’re a homeowner in Toms River aged 62 or older, and you’re curious about how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is here to help. Give us a call today or visit our online calculator at https://reverse.mortgage/calculator to explore your options.
We’re ready to answer your questions and help you make the most of your home’s equity—so you can confidently enjoy your retirement. Don’t wait—reach out to us today!
