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Pompton Plains, 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.  Pompton Plains, 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

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Pompton Plains, New Jersey News
U.S. Consumer Loan Aid Will Trickle Only So Far

If you're buying a home, refinancing a mortgage or seeking an auto or student loan, the new government plans to make borrowing cheaper and easier sound like a gift.


What Citigroup Layoffs Mean for Customers

Citigroup's layoffs a ' part of a plan to cut about 53,000 jobs in coming quarters a ' represent the latest bad news to drop on the financial sector and the economy.


JOHNSON-WILSON

Stephen Wilson, here, and Allison Wilson, Manasquan, have announced the engagement of their daughter Ashley Noel to Anthony Joseph Johnson, both Hoboken.


James E. Forrest, 1928-2008

Jim Forrest, president of Forrest Manufacturing Company, Inc. , makers of premium saw blades for the woodworking industry, died Nov.


PEQUANNOCK - Locals collecting food for needy

With the wintertime coming and the economy stumbling, food pantries are hurting more than ever, and need help from local residents.


Morris seniors get help moving on to the next phase of their lives

Vincent Keegan moved to Cedar Crest in Pompton Plains in late August, after Morris County's largest senior retirement community helped him sell his Rockaway Township home.


For charged with stealing from churches in Bergen, Morris and Passaic counties

Four people who appeared to be devout churchgoers were indicted this morning on charges of stealing from seven churches in Morris, Passaic and Bergen counties.


Pompton Plains man admits distributing kiddie porn

A 44-year-old Pequannock man pleaded guilty to distributing child pornography on the Internet in state Superior Court in Morristown on Wednesday, authorities said.


Police blotter

He was released on $334 bail. * Darla Farnese, 30, of Boonton as charged with theft of a customer's funds at a Madison Avenue bank she works at.


At 72, he still has marathon fever

PEQUANNOCK -- Many of Bernie Papa's friends have had hip replacements or knee replacements or get around with the help of walkers, but Papa, 72, is still running.


Fed cuts key interest rate

The Federal Reserve Board Wednesday cut a key interest rate to 1 percent from 1.5 percent in an attempt to make loans more affordable and stabilize the economy.


Authorities raid Buda Bar in New Brunswick for underage drinking

Two bartenders and nine patrons at the Buda Bar and Grill were arrested Thursday, Oct.


Ritter~McKeown

Tiffany Lynn Ritter and Brendon John McKeown were united in marriage Friday, Sept.


Morris grand jury indicts man on 40 counts of sex with teen

A 42-year-old Riverdale man accused of sexually assaulting a 15-year-old girl over a four-month period was indicted Tuesday by a Morris County grand jury, the Morris County Prosecutor's Office said.


PEQUANNOCK - Citizens nab alleged thief

Police were called to the area of Commerce Bank on Jackson Avenue in Pompton Plains Oct.


WANAQUE - Valley View developer wants age restriction lifted

The developer of a pending active adult housing complex is reworking its site plans and asking borough officials to approve them.


Herma Gould Darrow

6, 2008, surrounded by her loving daughters, after a long, courageous battle with cancer.


PEQUANNOCK - Council sets aside $400K for Village sewers

Over heavy protests from some residents, the Township Council voted unanimously to appropriate $400,000 for the design of the Village Area Sewer Project at its Tuesday, Sept.


Breaking down the interest rate cut: How it may affect ...

The Federal Reserve's cut in its benchmark interest rate Wednesday could put more money in your pocket - or take some out.


Condo complex takes energy-efficient bow

Green was the color of the day in Jersey City yesterday, as the ribbon was cut on the m650 Flats - a 22-unit condo complex on Montgomery Street with a high emphasis on energy efficiency.


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