Atlantic City, NJ Reverse Mortgage in New Jersey
If you’re a homeowner 62 years or older, consider the tax-free income benefits of a Reverse Mortgage. Unlike a regular mortgage, with reverse mortgages the lender makes payments to you. Atlantic City, NJ residents can choose to receive the money from a reverse mortgage in fixed monthly payments, a line of credit, or in a lump sum. More than 55% of borrowers choose the line of credit, which allows you to draw from the loan at any time.
The amount of your reverse mortgage is determined primarily by your age and appraised home value. To find out just how much you can get, speak to one of our Reverse Mortgage Specialists today!
Return to reverse mortgage in the state of NJ
| Atlantic City, New Jersey News |
Latest News: Suspect in Atlantic City bank robbery arrested after being spotted playing slots
Police have captured a suspect in a morning bank robbery. Anthony P. Matarazza, 50, was spotted playing a slot machine at the Atlantic City Hilton Casino Resort, Sgt.
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A.C. may delay casino smoking ban for a year
ATLANTIC CITY -- The latest casualty of the economic crisis may be the ban on smoking in Atlantic City's 11 casinos.
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Tom Lamaine celebrates his retirement
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Atlantic City fire captain indicted in sex abuse of two juveniles
An Atlantic City fire captain was arrested Wednesday night on charges of abusing two juveniles for more than a year, according to the Atlantic County Prosecutor's Office.
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Atlantic City: Casino employment ban for city officials gets new look
ATLANTIC CITY - Some 40,000 people live in this city, but more than 8,000 are not permitted to run for mayor or council under a state law that bars casino workers from holding public office in Atlantic City.
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Atlantic City may move forward on one-way avenues plan
From Press staff reports ATLANTIC CITY - More than a century of talks and debate could turn into real action today.
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Missing woman may have fallen back into drugs or could be dead
Suspected blood splatters were found on the walls and carpet of the Hamilton Avenue apartment of missing restaurant worker Danielle Marie Nuttall-Ravert, and city police are again asking for the public's help ...
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A look at previous crashes involving casino buses
Some crashes involving casino buses in the past decade: - Oct. 5, 2008: A casino-bound charter bus from Sacramento, Calif., crashes near Williams, Calif., killing eight people.
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New head of NJ Athletic Control Board named
New Jersey has named a new commissioner to oversee boxing in the state. Aaron Davis was confirmed today to head the state's Athletic Control Board.
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AC considers delaying casino smoking ban
With the economy crumbling and revenues plunging, Atlantic City is considering delaying the start of a total smoking ban at its 11 casinos.
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Growth of Atlantic City's Hispanic population brings a Spanish-language radio station to the area
Jose Rivera-Sinclair listens to the radio when he drives from his Mays Landing home to work at the Balsley-Losco Real Estate office in Northfield.
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10/04 Atlantic City Ballet brings - DRACULA' to LCMR's Paul W. Schmidtchen Theatre
This extraordinary company under the direction of Phyllis Papa, features classically trained dancers and danseurs from New Jersey, Philadelphia, California and around the world, including; Korea, Australia, ...
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4 indicted in alleged Atlantic City poker scam
The indictmen4 was handed u0 toda9 by a grand jur9 in Atlantic County. Forte is a well-known gambling consultant who once hosted his own television show.
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Fire captain charged in sex assault on minors suspended without pay
A fire captain accused of sexual assault on two juveniles was suspended without pay Thursday.
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Trop's former owners want it back
The former owners of the Tropicana Casino and Resort say it is worth no less than $950 million, and will try to regain control of it next week.
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No charges filed in case of Atlantic City toddler who died after four hours in van
4 in Atlantic City, Atlantic County Prosecutor Ted Housel stated Wednesday. The girl, who lived in the100 block of Delancy Place in Atlantic City, was pronounced dead inside her home after her mother discovered ...
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Amount of slots jackpot at issue in NJ lawsuit
No one disputes that Angela Domino won , and won big , while playing a progressive slots machine last year in Atlantic City.
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Coast Guard crew medevacs 1 near Barnegat, N.J.
The Coast Guard medevaced a 29-year-old man Wednesday aboard a 145-foot boat 51 miles east of Barnegat Inlet here.
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The stands are emptying out at Atlantic City beaches
A thick Sunday afternoon fog masked the rough waves and rip currents lurking ahead.
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Pimp convicted of transporting teens to A.C. for sex
A federal jury has convicted a Pleasantville man of transporting teenage girls from Allentown, Pa., to the Atlantic City area to have them work as prostitutes.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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