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Passaic, 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.  Passaic, 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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Passaic, New Jersey News
Ex-Paterson housing official gets 3 years in jail

A former high-ranking Paterson housing official has been sentenced to more than three years in prison for taking thousands of dollars in bribes.


Report: Nearly half of N.J. hospitals lost money in 2007

Operating margins of New Jersey hospitals were up slightly last year, but almost half still lost money, according to the latest edition of the New Jersey Hospital Association's financial status report.


Economic ills work against school mergers

Local school officials always grumble about top-down proposals when the state says their districts should merge to save money.


Scalera & Schaer Host Nutley Students During Voting Session

In this video commentary, Assemblymen Fred Scalera and Gary S. Schaer discuss the ins and outs of the legislative process with their guests - members of the Nutley High School Democratic and Republican clubs - ...


Capital man is hunted in wife's slaying

New Jersey and federal police officers combed the area around Clifton, N.J., Sunday after a Sacramento man allegedly killed his estranged wife and gunned down two other people at a church.


Mexican government looking beyond remittances

As the United States economic crisis worsens, the money that Mexicans living here send home to their families continues to decline , reaching record lows over the summer.


Victim in bizarre Route 33 death identified; man ran into traffic

Brian Oneill, 41, of Southampton, has been named as the man killed on Route 33 when crashed his car and then ran into traffic.


Misciagna of Ibew Local 164 Honored by Boys & Girls Club of Paterson & Passaic

D. Misciagna, assistant business manager for the International Brotherhood of Electrical Workers Local 164 and president of the Bergen County Building & Construction Trades Council, was honored by the Boys & ...


Saylorsburg crash victim killed running into traffic

A bizarre death on Route 33 on Thursday left a witness wondering if the victim was trying to get himself killed.


Two charged in armed robbery

Police have arrested two Passaic men and charged them with the armed robbery of a 17-year-old walking on Hadley Avenue on Nov.


Toy gun gets New Jersey child in trouble at school

Violence awareness might be the next lesson for a 10-year-old who brought a yellow toy gun to School 6 in Passaic.


SIGVARIS Congratulates 18 Newly Certified SIGVARIS Compression Therapy Fitters in New Jersey

East Brunswick, NJ - Eighteen compression therapy fitters, durable medical equipment retailers and medical professionals came together on October 23, 2008 at a SIGVARIS fitter seminar held at the Hilton East ...


GOP sees hope after punishing N.J. losses

Private griping among state Republicans boiled over Friday. State Sen. Joseph Pennacchio fired off an angry statement directed at state party leaders "satisfied with a McCain loss twice the national average, a ...


State approves affordable housing rules for 72 Highlands towns

The Council on Affordable Housing today issued a sweeping order that would prevent 72 towns in the environmentally sensitive Highlands from approving any major development that does not include affordable ...


Bernardsville council passes resolution on Highlands 'opt-in'

The Borough Council has passed a resolution stating its intention to "opt in" to the Highlands area, but Mayor Lee Honecker said a study will be conducted on the pros and cons of accepting the restrictions and ...


Leader Newspapers- Police stay busy on Election Day

Rain Ervin, 18, of Passaic, was arrested Nov. 4 around 1:30 a.m. for burglary, conspiracy to commit burglary, theft and credit card theft.


Groups defend new housing regulations

TRENTON -- A coalition of affordable housing advocates launched a statewide information campaign Monday to counter what they say are scare tactics being used by some to undo a housing reform the state adopted.


Family must pay more to help daughter battle anorexia

A Passaic husband and wife say they don't regret sending their 13-year-old daughter out of state to treat her anorexia, despite having to pay thousands of dollars in medical expenses that their insurance won't ...


Shirelles to perform holiday concert at the Clark

The Sterling and Francine Clark Art Institute will begin the Holiday Walk Weekend by welcoming the Shirelles on Friday, Dec.


Readers debate sheriff's immigration role

EDITOR'S NOTE: Monmouth County Sheriff Kim Guadagno's plan to have three sheriff's officers deputized as federal immigration agents drew protests from immigrant groups.


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