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Commission Reverse Mortgage Loan Processor Jobs (NOW HIRING)

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Commission Reverse Mortgage Loan Processor information

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$28.5K

$50.9K

$94.5K

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 the United States is $50,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $55,000.00 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.
What cities are hiring for Commission Reverse Mortgage Loan Processor jobs? Cities with the most Commission Reverse Mortgage Loan Processor job openings:
What are the most commonly searched types of Reverse Mortgage Loan Processor jobs? The most popular types of Reverse Mortgage Loan Processor jobs are:
What states have the most Commission Reverse Mortgage Loan Processor jobs? States with the most job openings for Commission Reverse Mortgage Loan Processor jobs include:
Commission Reverse Mortgage Loan Processor jobs near you

Reverse Mortgage Loan Processor

Opulence Funding LLC

Saint Petersburg, FL • Remote

$40K - $56K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 4 days ago

Job description

Benefits:
  • 401(k)
  • 401(k) matching
  • Health insurance
  • Vision insurance

Opulence Home Equity is seeking an experienced and detail-oriented Reverse Mortgage Processor to join our growing team. This role is ideal for a mortgage professional who thrives in a fast-paced environment, has strong communication skills, and understands the unique process of reverse mortgage lending.
At Opulence Home Equity, we combine innovative technology with a collaborative, team-oriented environment to deliver exceptional service to our clients while modernizing the mortgage experience.
Responsibilities:
  • Process reverse mortgage loan files from application through closing

  • Review and organize borrower documentation to ensure complete and accurate loan files

  • Prepare and distribute required disclosures in compliance with regulatory timelines

  • Communicate directly with borrowers, loan officers, title companies, and third parties to obtain required documentation and clear conditions

  • Monitor loan milestones and maintain accurate pipeline updates

  • Ensure files meet lender, investor, and compliance guidelines

  • Assist in resolving loan conditions and processing-related issues on time

Qualifications:
  • Previous mortgage processing experience required

  • Reverse mortgage / HECM processing experience strongly preferred

  • Strong understanding of mortgage documentation, disclosures, and compliance timelines

  • Excellent communication and borrower relationship skills

  • Ability to multitask and manage deadlines in a high-volume environment

  • Strong attention to detail and organizational skills

  • Experience with mortgage LOS and CRM systems preferred

What We Offer:
  • Competitive compensation based on experience

  • Medical, dental, and vision insurance

  • Paid holidays and PTO

  • 401(k) opportunities

  • Hybrid flexibility

  • In-house training and career growth opportunities

  • Supportive, technology-driven work environment

Location: Ramsey, NJ

This is a remote position.