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Commission Reverse Mortgage Loan Processor Jobs in Madison, WI

Novus Home Mortgage

Mortgage Loan Processor

Madison, WI · On-site

$40K - $55K/yr

Today, you can apply with one of the fastest-growing mortgage teams in Dane County, WI - a top 10% loan production team nationwide, licensed in all 50 states. We're hiring a Loan Processor who wants ...

Novus Home Mortgage

Mortgage Loan Processor

Madison, WI · On-site

$25 - $32/hr

Today, you can apply with one of the fastest-growing mortgage teams in Dane County, WI -- a top 10% loan production team nationwide, licensed in all 50 states. We're hiring a Loan Processor who wants ...

All Western Mortgage

Mortgage Loan Partner

Madison, WI · On-site

$60K/yr

Processing - LOA Are you an experienced, detail-oriented mortgage loan processor who can successfully communicate with and aid applicants in navigating the mortgage lending process? If so, we are ...

USA Mortgage

Mortgage Loan Originator

Madison, WI

$7.25/hr

Market and solicit residential loan business, ensuring all phases of the loan process are performed ... MLO approved license in NMLS Compensation State Minimum Hourly - $7.25 (Recoverable) Commissions on ...

Summit Credit Union

Loan Processor 1

Cottage Grove, WI · On-site

$17.75 - $23.75/hr

Support mortgage loan processing or closing activities, including documentation, verifications, and file preparation * Submit complete and compliant loan applications to underwriting with all ...

Summit Credit Union

Loan Processor 1

Cottage Grove, WI · On-site

$17.75 - $23.75/hr

Support mortgage loan processing or closing activities, including documentation, verifications, and file preparation * Submit complete and compliant loan applications to underwriting with all ...

Summit Credit Union

Loan Processor 1

Cottage Grove, WI · On-site

$17.75 - $23.75/hr

Support mortgage loan processing or closing activities, including documentation, verifications, and file preparation * Submit complete and compliant loan applications to underwriting with all ...

Summit Credit Union

Loan Processor 1

Cottage Grove, WI · On-site

$17.75 - $23.75/hr

Support mortgage loan processing or closing activities, including documentation, verifications, and file preparation * Submit complete and compliant loan applications to underwriting with all ...

Old National Bank

Mortgage Loan Originator

Madison, WI · On-site

... processing, underwriting and closing. Salary Range The salary range for this position is $0.00 - $60,000 base/plus commission per year. Final compensation will be determined by location, skills ...

Old National Bank

Mortgage Loan Originator

Madison, WI · On-site

... processing, underwriting and closing. Salary Range The salary range for this position is $0.00 - $60,000 base/plus commission per year. Final compensation will be determined by location, skills ...

landmarkcu

Mortgage Loan Originator

Madison, WI

The Mortgage Loan Originator (MLO) serves as the initial point of contact with new and existing ... processing procedures and underwriting guidelines. 10. Performs other duties as assigned. EEO ...

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All JobsReverse Mortgage Loan Processor JobsCommission Reverse Mortgage Loan Processor JobsCommission Reverse Mortgage Loan Processor Jobs in Madison, WI

Commission Reverse Mortgage Loan Processor information

See Madison, WI salary details

$28.7K

$51.3K

$95.2K

How much do commission reverse mortgage loan processor jobs pay per year?

As of Aug 8, 2026, the average yearly pay for commission reverse mortgage loan processor in Madison, WI is $51,291.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,300.00 and $55,400.00 per year, depending on experience, location, and employer.

Do commission reverse mortgage loan processors make commission?

Commission reverse mortgage loan processors typically do not earn commissions; they are usually salaried employees or paid hourly. Their compensation is often based on a fixed salary, and they focus on processing loan applications efficiently and accurately. Commission structures are more common for loan originators or sales roles rather than processing positions.

What is the difference between Commission Reverse Mortgage Loan Processor vs Mortgage Underwriter?

AspectCommission Reverse Mortgage Loan ProcessorMortgage Underwriter
CredentialsLoan processing certifications, knowledge of reverse mortgage regulationsMortgage licensing, underwriting certifications
Work EnvironmentLoan processing departments, remote or office settingsUnderwriting departments, office-based or remote
Employer & IndustryMortgage lenders, reverse mortgage companiesMortgage lenders, banks, financial institutions
Search & Comparison IntentUnderstanding roles in reverse mortgage processingEvaluating mortgage approval and risk assessment

The Commission Reverse Mortgage Loan Processor focuses on handling reverse mortgage loan applications, verifying documents, and ensuring compliance. In contrast, a Mortgage Underwriter assesses the risk of mortgage loans, reviews financial documents, and approves or denies loan applications. Both roles require mortgage industry knowledge and certifications but serve different stages in the loan process.

Is a commission reverse mortgage loan processor a difficult job?

A commission reverse mortgage loan processor's job involves reviewing and verifying loan documents, ensuring compliance, and coordinating with clients and lenders. It requires attention to detail, knowledge of mortgage regulations, and proficiency with processing software, but the difficulty level varies based on experience and workload.
Commission Reverse Mortgage Loan Processor jobs near you

Sales Training Program - Reverse Mortgage Loan Officer

Mutual of Omaha Mortgage

Madison, WI • On-site

$100K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 12 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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