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What is a reverse mortgage?
A reverse mortgage is a special type of home loan that lets you as a homeowner convert a portion of the equity your home into cash. The equity built up
over years of home mortgage payments can be paid to you. But unlike a traditional home equity loan or second mortgage, no repayment is required until
you and any other borrower(s) no longer use the home as your principal residence. HUD's reverse mortgage also know as a HECM Loan (Home Equity
Conversion Mortgage) provides these benefits, and it is federally-insured as well.
Can I qualify for a HUD reverse mortgage?
To be eligible for a HUD reverse mortgage, HUD's Federal Housing Administration (FHA) requires that the borrower is a homeowner, 62 years of age or
older; own your home outright, or you are willing to pay off any liens at the closing with proceeds from the reverse loan; and you must live in the home. You
are further required to receive consumer information from HUD-approved counseling sources prior to obtaining the loan. You can call 1-800-400-4134 to
obtain the name and telephone number of a HUD-approved counseling agency.
For more Reverse Mortgage Information click here The Top_10_Things_You_Should_Know About A Reverse Mortgage
A reverse mortgage is a special type of home loan that lets you as a homeowner convert a portion of the equity your home into cash. The equity built up
over years of home mortgage payments can be paid to you. But unlike a traditional home equity loan or second mortgage, no repayment is required until
you and any other borrower(s) no longer use the home as your principal residence. HUD's reverse mortgage also know as a HECM Loan (Home Equity
Conversion Mortgage) provides these benefits, and it is federally-insured as well.
Can I qualify for a HUD reverse mortgage?
To be eligible for a HUD reverse mortgage, HUD's Federal Housing Administration (FHA) requires that the borrower is a homeowner, 62 years of age or
older; own your home outright, or you are willing to pay off any liens at the closing with proceeds from the reverse loan; and you must live in the home. You
are further required to receive consumer information from HUD-approved counseling sources prior to obtaining the loan. You can call 1-800-400-4134 to
obtain the name and telephone number of a HUD-approved counseling agency.
For more Reverse Mortgage Information click here The Top_10_Things_You_Should_Know About A Reverse Mortgage
| Locations |
In New York:
7 Smith Street
Merrick, NY 11566
Closing Locations:
4250 Veterans Memorial Hwy
Suite 302
Holbrook, NY 11741
99 B Main St.
Westhampton Beach, NY 11978
426 Jericho Tpk
Syosset, NY 11791
237 West 35th Street, Fourth Floor
New York, New York 10001
425 Broad Hollow Road
Suite 203
Melville, NY 11747
2673 North Highway
South Hampton, NY 11968
110 Walt Whitman Road
South Huntington, NY 11746
98 Cuttermill Road
Great Neck, NY 11020
Subsidiary Locations:
163 North Street, Auburn, NY, 13021
967 Morris Park Avenue
Bronx, NY, 10462
1920 Deer Park Avenue, Suite 101,
Deer Park, NY, 11729
21 Old Main Street, Suite 202,
Fishkill, NY, 12524
2945 Delaware Avenue,
Kenmore, NY, 14217
910 East Boston Post Road, ,
Mamaroneck, NY, 10543
5418 Merrick Road
Massapequa, NY, 11758
200 Broadhollow Road, Suite 207,
Melville, NY, 11747
470 Long Pond Road, Suite 205,
Rochester, NY, 14612
99 Powerhouse Road, Suite 106,
Roslyn Heights, NY, 11577
1737 Union Street, Suite 2,
Schenectady, NY, 12309
46-12 Queens Boulevard, Suite
201, Sunnyside, NY, 11104
1052 McLean Avenue
Yonkers, NY, 10704
7 Smith Street
Merrick, NY 11566
Closing Locations:
4250 Veterans Memorial Hwy
Suite 302
Holbrook, NY 11741
99 B Main St.
Westhampton Beach, NY 11978
426 Jericho Tpk
Syosset, NY 11791
237 West 35th Street, Fourth Floor
New York, New York 10001
425 Broad Hollow Road
Suite 203
Melville, NY 11747
2673 North Highway
South Hampton, NY 11968
110 Walt Whitman Road
South Huntington, NY 11746
98 Cuttermill Road
Great Neck, NY 11020
Subsidiary Locations:
163 North Street, Auburn, NY, 13021
967 Morris Park Avenue
Bronx, NY, 10462
1920 Deer Park Avenue, Suite 101,
Deer Park, NY, 11729
21 Old Main Street, Suite 202,
Fishkill, NY, 12524
2945 Delaware Avenue,
Kenmore, NY, 14217
910 East Boston Post Road, ,
Mamaroneck, NY, 10543
5418 Merrick Road
Massapequa, NY, 11758
200 Broadhollow Road, Suite 207,
Melville, NY, 11747
470 Long Pond Road, Suite 205,
Rochester, NY, 14612
99 Powerhouse Road, Suite 106,
Roslyn Heights, NY, 11577
1737 Union Street, Suite 2,
Schenectady, NY, 12309
46-12 Queens Boulevard, Suite
201, Sunnyside, NY, 11104
1052 McLean Avenue
Yonkers, NY, 10704
In New Jersey:
517 Route 1 South
Suite 3050A
Iselin, NJ, 08830
Subsidiary Locations:
660 Broadway
Bayonne, NJ, 07002
2 Ridgedale Avenue
Suite 206
Cedar Knolls, NJ, 07927
1 Main Street
Suite #LL9
Eatontown, NJ, 07724
856 Route 206
Building A, Suite 204
Hillsborough, NJ, 08844
517 Route 1 South
Suite 3050A
Iselin, NJ, 08830
241 Forsgate Drive
Suite 105
Jamesburg, NJ, 08831
639 Stokes Road
Suite 204
Medford, NJ, 08055
500 Highway 33
Suite 2-B,
Millstone Township, NJ, 08535
101 East Seventh Ave
Suite 200
North Wildwood, NJ, 08260
140 East Ridgewood Avenue,
Suite 415
Paramus, NJ, 07652
15 Broadway
Suite 203
Passaic, NJ, 07055
200 Centennial Avenue
Suite 200
Piscataway, NJ, 08854
764 Easton Avenue
Suite 4
Somerset, NJ, 08873
140 County Road
Suite 113
Tenafly, NJ, 07670
26 Main Street
Suite P
Toms River, NJ, 08753
1016 Laurel Oak Road
Suite 1
Voorhees, NJ, 08043
517 Route 1 South
Suite 3050A
Iselin, NJ, 08830
Subsidiary Locations:
660 Broadway
Bayonne, NJ, 07002
2 Ridgedale Avenue
Suite 206
Cedar Knolls, NJ, 07927
1 Main Street
Suite #LL9
Eatontown, NJ, 07724
856 Route 206
Building A, Suite 204
Hillsborough, NJ, 08844
517 Route 1 South
Suite 3050A
Iselin, NJ, 08830
241 Forsgate Drive
Suite 105
Jamesburg, NJ, 08831
639 Stokes Road
Suite 204
Medford, NJ, 08055
500 Highway 33
Suite 2-B,
Millstone Township, NJ, 08535
101 East Seventh Ave
Suite 200
North Wildwood, NJ, 08260
140 East Ridgewood Avenue,
Suite 415
Paramus, NJ, 07652
15 Broadway
Suite 203
Passaic, NJ, 07055
200 Centennial Avenue
Suite 200
Piscataway, NJ, 08854
764 Easton Avenue
Suite 4
Somerset, NJ, 08873
140 County Road
Suite 113
Tenafly, NJ, 07670
26 Main Street
Suite P
Toms River, NJ, 08753
1016 Laurel Oak Road
Suite 1
Voorhees, NJ, 08043
In Pennsylvania:
8045 West Chester Pike
Upper Darby, PA 19082
789 East Lancaster Avenue
Villanova, PA 19085
354 West Lancaster Avenue
Haverford, PA 19041
48 West Marshall Road
Lansdowne, PA 19050
410 West Lancaster Avenue
Devon, PA 19333
115 Pheasant Run
Suite 116
Newtown, PA 18940
1304 Wilmington Pike
West Chester, PA 19382-8216
Subsidiary Locations:
1115 Union Boulevard
2nd Floor
Allentown, PA 18109
175 North Cedar Street #C
Hazleton, PA 18201
157 Waterdam Road
Suite 280
McMurray, PA 15317
101 State Road
Suite 2
Media, PA 19063
6823 Castor Avenue
Philadelphia PA 19149
1706-1710 North 2nd Street
Philadelphia, PA, 19122
00 Vinial Street,
Suite B408
Pittsburgh, PA, 15212
1431 Potomac Avenue
Pittsburgh, PA, 15216
5541 Walnut Street
Suite B 100
Pittsburgh, PA, 15232
8500 Brooktree Road
Suite 220
Wexford, PA, 15090
2502 Somerset Road
Whitehall, PA, 18052
24 North Beaver Street
York, PA 17401
8045 West Chester Pike
Upper Darby, PA 19082
789 East Lancaster Avenue
Villanova, PA 19085
354 West Lancaster Avenue
Haverford, PA 19041
48 West Marshall Road
Lansdowne, PA 19050
410 West Lancaster Avenue
Devon, PA 19333
115 Pheasant Run
Suite 116
Newtown, PA 18940
1304 Wilmington Pike
West Chester, PA 19382-8216
Subsidiary Locations:
1115 Union Boulevard
2nd Floor
Allentown, PA 18109
175 North Cedar Street #C
Hazleton, PA 18201
157 Waterdam Road
Suite 280
McMurray, PA 15317
101 State Road
Suite 2
Media, PA 19063
6823 Castor Avenue
Philadelphia PA 19149
1706-1710 North 2nd Street
Philadelphia, PA, 19122
00 Vinial Street,
Suite B408
Pittsburgh, PA, 15212
1431 Potomac Avenue
Pittsburgh, PA, 15216
5541 Walnut Street
Suite B 100
Pittsburgh, PA, 15232
8500 Brooktree Road
Suite 220
Wexford, PA, 15090
2502 Somerset Road
Whitehall, PA, 18052
24 North Beaver Street
York, PA 17401
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Reverse Mortgages
Insured by the
Federal Housing Administration
Insured by the
Federal Housing Administration
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In home visits and loan closings are available within
the following counties:
In New York:
Nassau & Suffolk Counties on Long Island, Bronx
County Queens County Kings County Staten Island
Manhattan, New York City, Dutchess County,
Orange County, Putnam County, Rockland County,
Sullivan County, Ulster County, Westchester County
In New Jersey:
Atlantic County, Bergen County, Burlington County,
Camden County, Cape May County, Cumberland
County, Essex County, Gloucester County, Hudson
County, Hunterdon County, Mercer County,
Middlesex County, Monmouth County, Morris County,
Ocean County, Passaic County, Salem County,
Somerset County, Sussex County, Union County, &
Warren County
In Pennsylvania:
Berks County, Bucks County, Chester County,
Delaware County, Lancaster County, Lehigh County,
Northampton County, Montgomery County and
Philadelphia County
the following counties:
In New York:
Nassau & Suffolk Counties on Long Island, Bronx
County Queens County Kings County Staten Island
Manhattan, New York City, Dutchess County,
Orange County, Putnam County, Rockland County,
Sullivan County, Ulster County, Westchester County
In New Jersey:
Atlantic County, Bergen County, Burlington County,
Camden County, Cape May County, Cumberland
County, Essex County, Gloucester County, Hudson
County, Hunterdon County, Mercer County,
Middlesex County, Monmouth County, Morris County,
Ocean County, Passaic County, Salem County,
Somerset County, Sussex County, Union County, &
Warren County
In Pennsylvania:
Berks County, Bucks County, Chester County,
Delaware County, Lancaster County, Lehigh County,
Northampton County, Montgomery County and
Philadelphia County
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