Legal Disclosures

...important and required legal disclosures

Atlantic Financial, Inc. is diligent in complying with necessary legal requirements.

The following information is required by state laws, codes, or rules.

Maryland:
Reverse mortgage loans require that the borrower make payments for real estate taxes and property insurance, in addition to the loan payment. (COMAR 09.03.06.21)

New Jersey:
Atlantic Financial, Inc. is a correspondent mortgage lender and can offer a wide variety of loan programs. Reverse Mortgage loans are arranged with a third-party provider, and is therefore considered a broker for this type of loan. We will not make any mortgage loan commitments or fund any mortgage loans under the Reverse Mortgage program. (NJ Administrative Code 3:2-1.4 (b)(5)