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Mortgage Calculator Jobs (NOW HIRING)

Longbridge Financial

Reverse Mortgage Closer

Mahwah, NJ · On-site

... a reverse mortgage calculator to customize application packages based on client qualification. • Assemble client portfolios and audit portfolio based on procedures. • Prepare all closing ...

Weichert Companies

Mortgage Advisor

Germantown, MD · On-site

Our Mortgage Advisors are more than loan originators -- they are on the front lines of the real ... Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.) In ...

Weichert Companies

Mortgage Advisor

Long Beach, NJ · On-site

$33K/yr

Our Mortgage Advisors are more than loan originators -- they are on the front lines of the real ... Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.) In ...

Weichert

Mortgage Advisor

Germantown, MD · On-site

Our Mortgage Advisors are more than loan originators -- they are on the front lines of the real ... Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.) In ...

Weichert, Realtors

Mortgage Advisor

Germantown, MD · On-site

Our Mortgage Advisors are more than loan originators -- they are on the front lines of the real ... Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.) In ...

Weichert, Realtors

Mortgage Advisor

Germantown, MD · On-site

Our Mortgage Advisors are more than loan originators -- they are on the front lines of the real ... calculator, fax machine, etc.) In addition to a base salary, this position offers a competitive ...

Weichert, Realtors

Mortgage Advisor

Ship Bottom, NJ · On-site

$33K/yr

Our Mortgage Advisors are more than loan originators -- they are on the front lines of the real ... PC, calculator, fax machine, etc.) In addition to a base salary up to $33,113.60, this position ...

Weichert

Mortgage Advisor

Ship Bottom, NJ · On-site

$33K/yr

Our Mortgage Advisors are more than loan originators -- they are on the front lines of the real ... Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.) In ...

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All JobsMortgage Calculator Jobs

Mortgage Calculator information

How much does a mortgage broker make on a $500,000 mortgage?

Mortgage brokers typically earn a commission that ranges from 0.5% to 1% of the loan amount, so on a $500,000 mortgage, they could make between $2,500 and $5,000. Their income depends on the commission structure, experience, and the lender's policies, and they often work with clients to find suitable loan options while earning fees for their services.

Is a mortgage calculator a good company to work for?

A mortgage calculator is a tool used to estimate mortgage payments and is not a company or employer. If you are referring to a specific company related to mortgage services, research its reputation, work environment, and employee reviews to determine if it is a good place to work. Job seekers should consider factors like company culture, benefits, and career growth opportunities in the mortgage industry.

What salary do you need for a $500,000 mortgage?

A mortgage calculator can estimate that to afford a $500,000 mortgage, a borrower typically needs a gross annual salary of around $125,000 to $150,000, assuming standard lending criteria such as a 20% down payment, a 30-year term, and a 3-4% interest rate. Lenders also consider debt-to-income ratios and credit scores when determining eligibility. Skills in financial analysis and understanding loan terms are useful for mortgage professionals assessing borrower affordability.

What are the key skills and qualifications needed to thrive in the Mortgage Calculator position, and why are they important?

To thrive as a Mortgage Calculator (commonly known as a Mortgage Loan Underwriter or Loan Processor), you need a strong grasp of mortgage lending guidelines, financial analysis, and attention to detail, usually supported by experience in banking or finance. Proficiency with loan origination systems (LOS), credit analysis software, and relevant certifications such as Certified Mortgage Underwriter (CMU) is often required. Excellent organizational skills, clear communication, and the ability to manage client expectations are crucial soft skills in this role. These strengths help ensure accuracy in loan approvals, regulatory compliance, and high customer satisfaction throughout the mortgage process.

Is becoming a MLO worth it?

Becoming a mortgage loan originator (MLO) can be a worthwhile career for those interested in finance and sales, as it involves helping clients secure loans and requires licensing and knowledge of mortgage products. The role often offers commission-based income and flexible schedules but depends on market conditions and individual performance. Success requires strong communication skills, industry knowledge, and staying current with regulatory requirements.

What does a typical day look like for someone working as a Mortgage Calculator?

A typical day for a mortgage calculator often involves reviewing loan applications, analyzing financial documentation, and determining whether applicants meet the necessary lending criteria. You will collaborate closely with loan officers, real estate agents, and applicants to gather and verify information, resolve any discrepancies, and ensure all paperwork is accurate and complete. The role requires both independent analysis and teamwork, often in a deadline-driven environment. Over time, mortgage calculators may take on more complex cases or supervisory responsibilities, providing clear career pathways within the lending industry.

More about Mortgage Calculator jobs
What cities are hiring for Mortgage Calculator jobs? Cities with the most Mortgage Calculator job openings:
What states have the most Mortgage Calculator jobs? States with the most job openings for Mortgage Calculator jobs include:
What job categories do people searching Mortgage Calculator jobs look for? The top searched job categories for Mortgage Calculator jobs are:
Mortgage Calculator jobs near you
Infographic showing various Mortgage Calculator job openings in the United States as of July 2026, with employment types broken down into 75% Full Time, 24% Part Time, and 1% Nights. Highlights an 92% Physical, and 8% Remote job distribution.
Reverse Mortgage Closer

Reverse Mortgage Closer

Longbridge Financial

Mahwah, NJ

Other

Retirement, PTO

Posted 11 days ago

Job description

Company Description

Longbridge Financial is an innovative company committed to responsibly helping seniors use home equity to have a better retirement.  We work together with reputable companies in the financial services industry and anticipate rapid expansion and opportunities for personal and professional growth while moving into exciting new directions for the reverse mortgage business.  If you are interested in taking the next step in your career and helping to build the foundation of an exciting company, this role could be a perfect fit.


Job Description

The Closer must make sure all required items for the loan file are obtained/collected at the time of funding in order to be able to submit the loan to the investor and to be sent out for the HUD Insuring process. The Closer will work with Correspondent Partners, Title companies, Sales Advisors, Attorneys, etc....on a daily basis.


Job Functions:

Ensure that all loans meet guidelines for quality and regulatory compliance and investor closing standards are met

Gather all required forms and conditions required to close and fund the loan

Audit initial documents and file based on audit procedures.

Review title information, sales comps and LOS information for accuracy and to identify potential qualification issues

Establish and maintain a thorough knowledge of all products and investor requirements to ensure quality closing packages and salability to the Investor.

Run calculations on a reverse mortgage calculator to customize application packages based on client qualification.

Assemble client portfolios and audit portfolio based on procedures.

Prepare all closing documents required to close mortgage loans, ensuring documentation is complete and accurate; follow up with any discrepancies.

Audit closing documents and file based on audit procedures.

Prepare and explain closing requirements to settlement agent as needed.

Receive document package from settlement agent and review and clear all prior to funding conditions.

Audit funding documents and file based on audit procedures.

Determine any additional funding conditions that are need to meet lender, investor, or HUD guidelines.

Prepare and deliver funding package based on funding procedures.

Perform client, settlement agent, processor, or client relations follow-up as needed.

Coordinate shipping and receiving of documents to loan advisors, settlement agents, and wholesale partners, as needed.




Qualifications

Qualifications

Minimum of three years as a closer, funder or doc drawer

Reverse mortgage industry experienced preferred

Ability to prepare routine administrative paperwork

Organizing and coordinating skills

Ability to develop and maintain files and records

Skill in the use of personal computers and related software applications, specifically Internet Explorer, Microsoft Outlook, and Microsoft Word

Knowledge of customer service standards and procedures

Good customer service skills and reliable

Individual must be extremely detailed oriented and work well under pressure, meeting multiple and conflicting deadlines

Must at all times demonstrate cooperative behavior with colleagues and supervisors

Additional Information

Full benefits
401(k) with company match.
Paid time off.
Potential growth within a growing organization.  We promote from within
Working in a growing and dynamic industry

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