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Assistant Reverse Mortgage Sales information

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$28.5K

$38K

$47K

How much do assistant reverse mortgage sales jobs pay per year?

As of Aug 5, 2026, the average yearly pay for assistant reverse mortgage sales in the United States is $37,951.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,500.00 and $40,000.00 per year, depending on experience, location, and employer.

What is an assistant reverse mortgage sales?

Assistant Reverse Mortgage Sales professionals support loan officers and sales teams in guiding clients through the reverse mortgage process. Their responsibilities often include preparing documentation, answering customer inquiries, scheduling appointments, and ensuring compliance with lending regulations. They play a key role in helping seniors understand their options and gather the information needed to move forward with a reverse mortgage. By providing administrative and customer support, they help streamline the loan process and enhance the client experience.

What are some common challenges faced by assistant reverse mortgage sales professionals, and how can they be addressed?

Assistant Reverse Mortgage Sales professionals often encounter challenges such as educating clients about complex loan products, addressing misconceptions about reverse mortgages, and managing sensitive financial conversations with senior clients. Building strong communication and empathy skills is essential to guide clients through the process and ensure they feel comfortable and informed. Additionally, staying up-to-date with regulatory changes and collaborating closely with loan officers, underwriters, and compliance teams can help resolve issues efficiently and provide a smooth experience for clients.

What is the difference between Assistant Reverse Mortgage Sales vs Assistant Mortgage Loan Officer?

AspectAssistant Reverse Mortgage SalesAssistant Mortgage Loan Officer
CredentialsTypically requires real estate or mortgage licensing, familiarity with reverse mortgage productsRequires mortgage licensing, loan processing knowledge
Work EnvironmentOffice-based, client meetings, sales supportOffice and client meetings, loan processing
Industry UsageUsed in reverse mortgage industry, assisting senior clientsUsed in mortgage lending, assisting with various loan types
Search & Comparison IntentPeople comparing roles in reverse mortgage salesPeople exploring mortgage sales support roles

The Assistant Reverse Mortgage Sales focuses on supporting the sale of reverse mortgages to senior clients, requiring specialized knowledge of reverse mortgage products. In contrast, the Assistant Mortgage Loan Officer assists with a broader range of mortgage loans, including conventional and FHA loans. Both roles involve client interaction and sales support but differ in product specialization and licensing requirements.

What are the key skills and qualifications needed to thrive as an assistant reverse mortgage sales professional?

To thrive as an Assistant Reverse Mortgage Sales professional, you need a solid understanding of mortgage products, strong organizational skills, and often a background in finance or real estate. Familiarity with CRM software, loan origination systems, and regulatory compliance platforms is typically required. Excellent communication, attention to detail, and customer service skills help build trust and facilitate smooth transactions. These skills and qualifications are crucial for ensuring accurate processing, maintaining regulatory compliance, and providing a positive client experience in a highly regulated industry.
What cities are hiring for Assistant Reverse Mortgage Sales jobs? Cities with the most Assistant Reverse Mortgage Sales job openings:
What are the most commonly searched types of Reverse Mortgage Sales jobs? The most popular types of Reverse Mortgage Sales jobs are:
What states have the most Assistant Reverse Mortgage Sales jobs? States with the most job openings for Assistant Reverse Mortgage Sales jobs include:
Assistant Reverse Mortgage Sales jobs near you

Sales Training Program - Reverse Mortgage Loan Officer

Mutual of Omaha Mortgage

Alexandria, MN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 7 days ago

Job description

Sales Training Program – Reverse Mortgage Loan Officer

Launch your career in the reverse mortgage industry with the backing of one of America's most trusted financial brands — Mutual of Omaha, a Fortune 300 organization with over 100 years of stability.

What to Expect

Your journey begins with an immersive one-month virtual classroom experience, where you'll build a strong foundation in reverse mortgage products, sales fundamentals, compliance, systems, and customer conversations. 

After completing the virtual classroom, you'll transition into a comprehensive 12-month development program designed to accelerate your success. You'll participate in weekly skill-building sessions, receive personalized one-on-one coaching from experienced sales leaders, and apply what you've learned through real-world customer interactions.

Our goal isn't simply to help you become licensed or originate your first loan—it's to develop confident, knowledgeable, high-performing mortgage professionals with the skills, coaching, and support to build a rewarding long-term career.

Who we're looking for:

We especially encourage experienced traditional mortgage loan originators to apply. If you understand the lending business and want to serve a growing, underserved market — retirees looking to strategically strengthen their retirement income — we want to talk!

 

Don't have your NMLS license? No problem. We'll help you obtain and pay for your NMLS license.

If you have a proven track record of success in sales and are looking for an opportunity to make a meaningful impact while building a rewarding career, we want to hear from you. Our associates help retirees make confident, informed financial decisions, to improve their quality of life. The most successful professionals in this role are those who build trust, ask thoughtful questions, listen with intention, and serve as trusted advisors through one of the most important financial decisions their clients will make. 
 

What you can expect to earn:

  • To assist with the transition you are covered with a monthly base during the 12 month training program.
  • Established Loan Officers in our program routinely earn $100,000+

 

What sets us apart:

  • The brand recognition and credibility of Mutual of Omaha behind every conversation
  • Industry-leading training from the nation's top reverse mortgage sales leaders
  • A revolutionary sales process for working with both consumers and referral professionals
  • World-class sales, marketing, and operations support from day one

 

Benefits include:

  • Multiple PPO Medical Plans, including an HDHP-eligible option
  • Dental and Vision Coverage
  • Paid Sick Time — 40 hours after 90 days (state requirements applied as applicable)
  • 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
  • 401(k) with generous employer match
  • Company Paid Life Insurance

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