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Assistant Reverse Mortgage Sales Jobs (NOW HIRING)

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Reverse Mortgage Loan Officer

Owings Mills, MD · On-site

$50K/yr

Join a Top 3 Reverse Mortgage Broker in the Nation! Looking for real work-life balance ? Join a ... years of mortgage or sales experience Active NMLS/MLO license or currently in the process of ...

Benchmark Mortgage

Reverse Loan Officer

Ada, MI · On-site

Ideal candidates for this position have a strong service-oriented mindset with prior, proven reverse mortgage loan sale experience, excellent communication skills, and proven knowledge of reverse ...

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Reverse Loan Officer

Ada, MI

Ideal candidates for this position have a strong service-oriented mindset with prior, proven reverse mortgage loan sale experience, excellent communication skills, and proven knowledge of reverse ...

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Reverse Loan Officer

Greensboro, NC · On-site

Ideal candidates for this position have a strong service-oriented mindset with prior, proven reverse mortgage loan sale experience, excellent communication skills, and proven knowledge of reverse ...

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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 Jun 23, 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 are 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, and why are they important?

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

Reverse Mortgage Closer

Longbridge Financial

Mahwah, NJ

Other

Retirement, PTO

Posted 9 days ago

Job description

Company Description

Longbridge Financial is an innovative company committed to responsibly helping seniors use home equity to have a better retirement.  We work together with reputable companies in the financial services industry and anticipate rapid expansion and opportunities for personal and professional growth while moving into exciting new directions for the reverse mortgage business.  If you are interested in taking the next step in your career and helping to build the foundation of an exciting company, this role could be a perfect fit.


Job Description

The Closer must make sure all required items for the loan file are obtained/collected at the time of funding in order to be able to submit the loan to the investor and to be sent out for the HUD Insuring process. The Closer will work with Correspondent Partners, Title companies, Sales Advisors, Attorneys, etc....on a daily basis.


Job Functions:

Ensure that all loans meet guidelines for quality and regulatory compliance and investor closing standards are met

Gather all required forms and conditions required to close and fund the loan

Audit initial documents and file based on audit procedures.

Review title information, sales comps and LOS information for accuracy and to identify potential qualification issues

Establish and maintain a thorough knowledge of all products and investor requirements to ensure quality closing packages and salability to the Investor.

Run calculations on a reverse mortgage calculator to customize application packages based on client qualification.

Assemble client portfolios and audit portfolio based on procedures.

Prepare all closing documents required to close mortgage loans, ensuring documentation is complete and accurate; follow up with any discrepancies.

Audit closing documents and file based on audit procedures.

Prepare and explain closing requirements to settlement agent as needed.

Receive document package from settlement agent and review and clear all prior to funding conditions.

Audit funding documents and file based on audit procedures.

Determine any additional funding conditions that are need to meet lender, investor, or HUD guidelines.

Prepare and deliver funding package based on funding procedures.

Perform client, settlement agent, processor, or client relations follow-up as needed.

Coordinate shipping and receiving of documents to loan advisors, settlement agents, and wholesale partners, as needed.




Qualifications

Qualifications

Minimum of three years as a closer, funder or doc drawer

Reverse mortgage industry experienced preferred

Ability to prepare routine administrative paperwork

Organizing and coordinating skills

Ability to develop and maintain files and records

Skill in the use of personal computers and related software applications, specifically Internet Explorer, Microsoft Outlook, and Microsoft Word

Knowledge of customer service standards and procedures

Good customer service skills and reliable

Individual must be extremely detailed oriented and work well under pressure, meeting multiple and conflicting deadlines

Must at all times demonstrate cooperative behavior with colleagues and supervisors

Additional Information

Full benefits
401(k) with company match.
Paid time off.
Potential growth within a growing organization.  We promote from within
Working in a growing and dynamic industry

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