When we first met I was struggling to pay my bills and living only on social security income and a small pension. I needed a new roof and water was leaking into the bedrooms. Now, I have a line of credit from the reverse mortgage. I replaced my leaking roof and water damaged ceilings. I also treated myself and renovated my kitchen. Thank you for changing the course of my life.
Over 1 million Americans have utilized a reverse mortgage for things such as home remodeling, taking a dream vacation, spending more time with friends, and helping a grandchild with the cost of college. A New Jersey reverse mortgage is specifically designed for older adults and provides the unique advantage of accessing your home’s equity.
There are many benefits to a reverse mortgage, including not having to pay a monthly mortgage payment. You will only need to follow the loan’s terms and pay your other payment obligations such as property taxes, homeowners insurance, and maintenance.
Experience new possibilities!
Reverse Mortgage Loan Options
EquityPower Reverse Mortgage
EquityPower reverse mortgages allow loans in up to $6 million and borrowers as young as 55 years old. †
Home Equity Conversion Mortgages (HECMs) are uniquely structured for homeowners who are looking to free up cash from their home equity or reduce their monthly expenses.
Reverse Mortgage Refinance
Reverse mortgages can be refinanced to access more cash, explore new rates, or both! Whether you have a HECM or a proprietary loan, Nationwide Equities can help you unlock the full potential of your New Jersey reverse mortgage.
Reverse for Purchase
Did you know that you can purchase your next New Jersey home with a reverse mortgage?