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Leeds Point, 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. Leeds Point, 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!

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Leeds Point, New Jersey News

The Jersey Devil Fact or Fiction

Most who reside in New Jersey have heard of the infamous "Jersey Devil." I do not live in NJ myself, but I have been blessed with a step brother and a step sister who have an appetite for sharing the legends of ...

Galloway debates closing post office

"The township needs it as part of downtown Galloway"

Residents voiced support Tuesday night for a partial-service post office that township officials want to close, pare down or pass off to save money. via Press of Atlantic City

N.J. wishes it could spray gypsy moths twice

"If you haven't finished, who goes first? What gets done first? It's a gamble"

Tom Bassford is hoping this summer is quieter than last. Residents bombarded the Galloway Township mayor last summer with complaints as gypsy moths defoliated trees in 2,407 acres, the largest area damaged in ... via Press of Atlantic City

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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.