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Commission Reverse Mortgage Jobs in New Rochelle, NY

KBRA

RMBS - Director (NY)

New York, NY · On-site

$165K - $200K/yr

Reverse Mortgage, MSR, HEI contracts, Ginnie Mae EBO, and/or RTL) strongly preferred. * Programming ... Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is ...

KBRA

RMBS - Director (NY)

New York, NY · Hybrid

$165K - $200K/yr

Reverse Mortgage, MSR, HEI contracts, Ginnie Mae EBO, and/or RTL) strongly preferred. * Programming ... Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is ...

All JobsReverse Mortgage JobsCommission Reverse Mortgage JobsCommission Reverse Mortgage Jobs in New Rochelle, NY

Commission Reverse Mortgage information

See New Rochelle, NY salary details

$40.1K

$43.7K

$46.3K

How much do commission reverse mortgage jobs pay per year?

As of Aug 2, 2026, the average yearly pay for commission reverse mortgage in New Rochelle, NY is $43,735.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,200.00 and $45,300.00 per year, depending on experience, location, and employer.

What is the dark side of reverse mortgage?

A reverse mortgage job involves assessing risks associated with the financial product, such as the potential for high fees, reduced home equity, and the possibility of foreclosure if loan conditions are not met. Workers must understand complex regulations and communicate these risks clearly to clients, which can be challenging. The role requires careful attention to detail and knowledge of mortgage laws to avoid legal or financial pitfalls.

How much commission do loan officers make on a $500,000 loan?

Loan officers in the mortgage industry typically earn a commission that ranges from 0.5% to 2% of the loan amount. For a $500,000 loan, this could translate to $2,500 to $10,000 in commission, depending on the lender and specific compensation structure. Commission rates are often influenced by company policies and the loan officer's experience and performance.

How much does a mortgage broker make on a reverse mortgage?

Mortgage brokers typically earn a commission based on the loan amount, often around 1% to 2% of the reverse mortgage. This commission is paid by the lender and can vary depending on the broker's agreements and the loan size.

How to get a mortgage with a commission-based job?

To qualify for a mortgage with a commission-based job, lenders typically require consistent income documentation over at least two years, including tax returns and bank statements. Demonstrating stable earnings and a good credit score can improve approval chances, and some lenders may require a larger down payment or additional verification due to income variability.

What is the difference between Commission Reverse Mortgage vs Mortgage Loan Officer?

AspectCommission Reverse MortgageMortgage Loan Officer
CredentialsLicensing, NMLS registration, FHA certificationLicensing, NMLS registration, FHA certification
Work EnvironmentPrimarily working with seniors, in offices or clients' homesWorking with homebuyers, in banks or mortgage broker offices
Industry UsageSpecializes in reverse mortgage productsHandles various mortgage types including reverse mortgages

Both roles require similar licensing and certifications, but Commission Reverse Mortgage specialists focus on reverse mortgage products for seniors, while Mortgage Loan Officers handle a broader range of mortgage loans. The key difference lies in the target client base and product specialization.

What are popular job titles related to Commission Reverse Mortgage jobs in New Rochelle, NY? For Commission Reverse Mortgage jobs in New Rochelle, NY, the most frequently searched job titles are:
What cities near New Rochelle, NY are hiring for Commission Reverse Mortgage jobs? Cities near New Rochelle, NY with the most Commission Reverse Mortgage job openings:
Commission Reverse Mortgage jobs near you
Infographic showing various Commission Reverse Mortgage job openings in New Rochelle, NY as of July 2026, with employment types broken down into 1% As Needed, 81% Full Time, 10% Part Time, and 8% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $43,735 per year, or $21 per hour.

RMBS - Director (NY)

KBRA

New York, NY • On-site

$165K - $200K/yr

Full-time

Retirement, PTO

Re-posted 3 days ago

Job description

Position Title: RMBS - Director (NY)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: New York, New York, United States
Summary/Overview:
KBRA (Kroll Bond Rating Agency) is seeking a Director to join our growing Residential Mortgage-Backed Security (RMBS) team in the New York, NY office. The ideal candidate will have experience in RMBS 2.0 sectors such as Prime, Non-QM, and second-lien loans. Experience in modeling esoteric RMBS assets or building bespoke credit analysis for RMBS or ABS assets is a strong plus. Directors on the RMBS team hold key roles engaging in all aspects of the rating process, which includes conducting collateral and cash flow analysis, preparing analytical reports for publication, and managing and mentoring junior staff.
About the Team:
Our RMBS team has issued ratings on securities from over 740 transactions spanning across Prime, Non-QM, GSE CRT, Reverse Mortgage, 2nd Liens, RPLs and more. Our primary objective is to issue high quality credit ratings and maintain them in a timely manner. This objective involves conducting asset credit risk analysis; liability structure scenario analysis; and publishing our viewpoints based on these analyses and our research. We pride ourselves on the quality, accuracy, timeliness, and consistency of our product.
About the Job:
  • Serve as lead analyst interacting with clients, structuring banks and investors on transactions.
  • Conduct loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
  • Prepare/facilitate the preparation of credit memos and present transactions to rating committees.
  • Prepare presale and new issue reports.
  • Support surveillance efforts for existing transactions and create and/or maintain analytical tools to enhance RMBS team capabilities.
  • Contribute to the development of rating methodologies as needed.

You will be successful in this role if you have:
  • B.A./B.S. degree required; MBA or CFA are a plus.
  • 10+ years of relevant Residential Real Estate, Rating Agency, or RMBS experience strongly preferred. Will consider candidates 10+ years of compelling experience across ABS asset classes.
  • Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of bond cash flows.
  • Intermediate to advanced Excel skills (Excel test may be administered as part of the interview process).
  • Proficiency with Intex cash flow modeling software.
  • Excellent written and verbal communications skills (writing sample may be requested).
  • Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
  • Exceptional attention to detail.
  • Experience with esoteric RMBS sectors (e.g. Reverse Mortgage, MSR, HEI contracts, Ginnie Mae EBO, and/or RTL) strongly preferred.
  • Programming skills (e.g. VBA, Python, R and/or SQL) are a plus.
  • Familiarity with residential mortgage datasets/tools (e.g., CoreLogic, Fannie/Freddie Single Family Data, BlackKnight, eMBS) are a plus.
  • Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Salary Range:
The anticipated annual base salary range for this full-time position is $165,000 - $200,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.
Benefits:
  • A hybrid work schedule (Tuesday, Wednesday, Thursday in the office)
  • Competitive benefits and paid time off
  • Paid family and disability leave
  • 401(k) plan, including employer match (100% vested)
  • Educational and professional development financial assistance
  • Employee referral bonus program

About Us:
Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.
More Info:
KBRA encourages applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, citizenship, disability, and veteran status or any other basis prohibited by federal, state or local law.
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About KBRA

Sourced by ZipRecruiter

Industry

Finance and insurance

Company size

501 - 1,000 Employees

Headquarters location

New York, NY, US

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