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Commission Reverse Mortgage Jobs (NOW HIRING)

Opulence Funding LLC

Reverse Mortgage Loan Officer

Nyack, NY · Remote

$50K - $250K/yr

Strong commission opportunities, bonus potential, and fast payouts. Benefits: Access to 401(k) ... Stay informed on reverse mortgage products and industry guidelines. Help seniors and homeowners ...

Apply Early

Opulence Funding LLC

Reverse Mortgage Loan Officer

NY · Remote

$50K - $250K/yr

Strong commission opportunities, bonus potential, and fast payouts. Benefits: Access to 401(k) ... Stay informed on reverse mortgage products and industry guidelines. Help seniors and homeowners ...

Apply Early

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All JobsCommission Reverse Mortgage Jobs

Commission Reverse Mortgage information

See salary details

$39K

$42.5K

$45K

How much do commission reverse mortgage jobs pay per year?

As of Jul 4, 2026, the average yearly pay for commission reverse mortgage in the United States is $42,500.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,000.00 and $44,000.00 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.

More about Commission Reverse Mortgage jobs
What cities are hiring for Commission Reverse Mortgage jobs? Cities with the most Commission Reverse Mortgage job openings:
What are the most commonly searched types of Reverse Mortgage jobs? The most popular types of Reverse Mortgage jobs are:
What states have the most Commission Reverse Mortgage jobs? States with the most job openings for Commission Reverse Mortgage jobs include:
What job categories do people searching Commission Reverse Mortgage jobs look for? The top searched job categories for Commission Reverse Mortgage jobs are:
Commission Reverse Mortgage jobs near you
Infographic showing various Commission Reverse Mortgage job openings in the United States as of June 2026, with employment types broken down into 95% Full Time, 3% Part Time, and 2% Contract. Highlights an 85% Physical, 3% Hybrid, and 12% Remote job distribution, with an average salary of $42,500 per year, or $20.4 per hour.
Reverse Mortgage Loan Officer

Reverse Mortgage Loan Officer

Opulence Funding LLC

Hempstead, NY • Remote

$50K - $250K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 20 days ago

Be an early applicant

Job description

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

Licensed Reverse Mortgage Loan Officer
Location: Remote
Are you a licensed Mortgage Loan Officer looking for real lead flow and real earning potential?
At Opulence Home Equity, we provide our Loan Officers with company-generated leads, proprietary technology, and in-house support so you can focus on what matters most helping clients and closing loans.
What We Offer:

Company-Provided Leads: High-quality reverse mortgage leads delivered directly to our Loan Officers no need to self-source all of your business.
Consistent Lead Flow: Ongoing opportunities designed to keep your pipeline active and productive.
Proprietary Technology: Advanced lead management system to help maximize efficiency and conversion.
In-House Support: Dedicated management and operational support to help move loans efficiently.
Competitive Compensation: Strong commission opportunities, bonus potential, and fast payouts.
Benefits: Access to 401(k), medical, dental, and vision insurance.
Remote / Hybrid Flexibility: Work remotely with support from a collaborative team environment.
Your Role:

Work directly with company-provided leads to educate borrowers on reverse mortgage solutions.
Guide clients through the application process from inquiry to closing.
Build relationships and provide exceptional customer service throughout the loan process.
Stay informed on reverse mortgage products and industry guidelines.
Help seniors and homeowners identify financial solutions that meet their needs.
What Were Looking For:

Active NMLS License (New York required)
Reverse mortgage experience required.
Strong communication and relationship-building skills.
Self-motivated, goal-oriented, and comfortable working with company-provided leads.
Passion for helping clients while building a successful career.
Apply today and start closing more loans with access to company-provided leads and dedicated support!

This is a remote position.