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Freelance Reverse Mortgage Loan Processor Jobs (NOW HIRING)

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Freelance Reverse Mortgage Loan Processor information

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$28.5K

$50.9K

$94.5K

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

As of Aug 8, 2026, the average yearly pay for freelance 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.

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

AspectFreelance Reverse Mortgage Loan ProcessorReverse Mortgage Underwriter
CredentialsExperience in loan processing, industry certifications optionalMortgage underwriting certifications often preferred
Work EnvironmentRemote, freelance or contract basisTypically in-office or remote, employed by lenders
Job FocusGathering documents, verifying borrower info, preparing loan filesAssessing risk, verifying compliance, approving or denying loans
Industry UsageCommon in mortgage processing companies and freelance platformsIntegral part of mortgage lending teams

The Freelance Reverse Mortgage Loan Processor primarily handles document collection and loan file preparation, often working remotely on a freelance basis. In contrast, the Reverse Mortgage Underwriter evaluates loan risk and makes approval decisions, usually within a lender's team. Both roles require mortgage industry knowledge but differ in responsibilities and work settings.

More about Freelance Reverse Mortgage Loan Processor jobs
What cities are hiring for Freelance Reverse Mortgage Loan Processor jobs? Cities with the most Freelance 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 Freelance Reverse Mortgage Loan Processor jobs? States with the most job openings for Freelance Reverse Mortgage Loan Processor jobs include:
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Freelance Reverse Mortgage Loan Processor jobs near you
Infographic showing various Freelance Reverse Mortgage Loan Processor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.

Reverse Mortgage Loan Processor

Opulence Funding LLC

Staten Island, NY • Remote

$40K - $56K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 3 days ago

New

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.