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Compare Toms River's Best Reverse Mortgages
Compare Toms River's Best Reverse Mortgages
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Toms River's #1 Reverse Mortgage

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ARLO

ARLO

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In your current area 100 homeowners are currently utilizing reverse mortgages to better enhance their retirement years, with 500,000 nationwide!

The amount you receive is based on your home’s value, your age, and current interest rates. Let’s start with your address so I can estimate your home value…
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If you feel this estimate is not correct you can manually change it below. If you have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!

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If you presently have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!
(Our calculations use estimated property values provided by Estated.com. An independent HUD-approved appraiser must complete an appraisal to finalize your loan)
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The minimum qualifying age for a reverse mortgage is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.
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Your personalized results include the best of 2024's reverse mortgages
  • Side-by-side loan comparisons
  • Real-time interest rates
  • ARLO™ advice to help you select the right program
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2021 BBB Torch Award Finalist
Best Reverse Mortgage Lender
Best Reverse Mortgage Website
Best Reverse Mortgage Website

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

CityHomeowners Age 62+Reverse Mortgages Closed Last 12 MonthsPurchase Reverse Mortgages Closed Last 12 MonthsLenders in Tom's River (est)Avg. Home Value
Tom's River19,84665332$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, New Jersey Reverse Mortgage Lending Limits

Toms River, located in Ocean County, New Jersey, is the 8th most populous municipality in the state. Officially incorporated in February 1798, Toms River has grown to house just under 92,000 residents, with 23% of the population, or 20,741 people, being homeowners aged 62 or older.

Economy and Community

Toms River’s economy thrives on industries like retail trade, construction, professional and scientific services, and healthcare. Beyond work, residents can enjoy attractions such as the Waterhouse Museum, featuring art from Colonel Charles Waterhouse, a U.S. Marine veteran of the Battle of Iwo Jima. Another local favorite is the Casino Pier, offering family-friendly fun and entertainment. The township has also appeared in popular TV shows like Boardwalk Empire and Jersey Shore.

Housing Market and Reverse Mortgage Opportunities

As of January 2024, the median home value in Toms River is $396,933, marking a 14.7% increase over the past year. Many homes in Toms River fall under the federal maximum reverse mortgage lending limit of $1,149,825, qualifying for government-insured HECM loans. However, for homes valued above this limit, senior homeowners may explore jumbo loan programs to access additional home equity.

Reverse Mortgage Benefits for Toms River Seniors

If you’re a homeowner aged 62 or older in Toms River, a reverse mortgage can help you tap into your home’s equity, eliminate monthly mortgage payments, or access funds to support your retirement.

At All Reverse Mortgage, Inc. (ARLO™), we’re here to guide you through the process. Call us Toll-Free at (800) 565-1722, or visit our reverse mortgage calculator to explore how much you could access.

We’re ready to assist you in making informed decisions, helping you enjoy your retirement with confidence. Reach out to us today!

Author Michael Branson
About the Author, Michael G. Branson | Mike@allreverse.com
Michael G. Branson CEO, All Reverse Mortgage, Inc. and moderator of ARLO™ has 45 years of experience in the mortgage banking industry. He has devoted the past 19 years to reverse mortgages exclusively.
Tom's River Reverse Mortgage
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