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Non Union Reverse Mortgage Sales Jobs (NOW HIRING)

Mutual of Omaha Mortgage

Mortgage Underwriter - Reverse

$90K - $110K/yr

Effectively communicate all loan decisions to sales channels and management, as needed * Accurately ... Reverse mortgage experience a plus * FHA Direct Endorsement strongly preferred * Bachelor's degree ...

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Non Union Reverse Mortgage Sales information

Will MLO be replaced by AI?

In the context of non-union reverse mortgage sales, mortgage loan officers (MLOs) perform complex client interactions, financial assessments, and regulatory compliance tasks that are not easily automated by AI. While AI tools can assist with data analysis and lead generation, the role of an MLO requires interpersonal skills and industry knowledge that are unlikely to be fully replaced by AI in the near future.

What is the 60% rule in reverse mortgage?

The 60% rule in reverse mortgage sales refers to a guideline where lenders typically require borrowers to have at least 60% of the home's value in equity to qualify for a reverse mortgage. As a reverse mortgage sales professional, understanding this rule helps in assessing borrower eligibility and explaining loan options effectively.

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

A non-union reverse mortgage sales professional typically earns a commission based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 on a $500,000 mortgage. Compensation can vary depending on the company's structure, experience, and the specific loan terms, but commissions are the primary income source in this role.

What is the dark side of reverse mortgage?

For a non-union reverse mortgage sales role, understanding the dark side involves recognizing potential risks such as high fees, reduced equity for borrowers, and the possibility of foreclosure if loan terms are not met. Sales professionals must ensure clients fully understand these risks and comply with regulations to avoid ethical issues or legal consequences.
What cities are hiring for Non Union Reverse Mortgage Sales jobs? Cities with the most Non Union Reverse Mortgage Sales job openings:
What are the most commonly searched types of Reverse Mortgage Sales jobs? The most popular types of Reverse Mortgage Sales jobs are:
What states have the most Non Union Reverse Mortgage Sales jobs? States with the most job openings for Non Union Reverse Mortgage Sales jobs include:
Non Union Reverse Mortgage Sales jobs near you
Reverse Mortgage Professional

Reverse Mortgage Professional

Finance of America Companies

Remote

$7.25 - $20/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago

Job description

About Us
Finance of America helps homeowners 55+ access the equity they've built while staying in full control of their home and their financial future. Through a range of reverse mortgage solutions, we help customers shape the retirement they've earned while continuing to evolve how we serve and work together.
Joining Finance of America now means stepping into a period of momentum and growth, with teams actively shaping what comes next and opportunities to make an impact and grow your career.
To learn more about us, visit www.financeofamerica.com
Expectations
  • Produces high quality loans which meet Reverse Mortgage guidelines while providing superior customer service.
  • Manages personal pipeline production and achieves production goals.
  • Resolves problems relating to the closing and funding of loans.
  • Follows the Company standards for delivery of integrity, client focus, teamwork and respect for each individual in every interaction.
  • Exhibits observable sense of urgency in the execution of all job functions and duties.
  • Meets or exceeds levels of Customer Service delivery established by the Company.
  • Performs other duties as assigned.

Qualifications - Education Requirements
  • High School Diploma

Qualifications - Education - Preferred
  • Bachelor's Degree

Qualifications - Experience/Skills/Competencies
  • Minimum 6 months of experience with Reverse Mortgage Sales or other related Mortgage origination.
  • Active NMLS License is required.
  • Excellent written communication and interpersonal skills.
  • Demonstrated computer proficiency.
  • Previous call center experience.
  • Successful completion of reverse mortgage originator training is required.
  • Prior experience working with automated Loan Origination Systems.
  • Self-motivated and excellent customer service skills.
  • Highly proficient with Microsoft Word, Excel, PowerPoint and Outlook.
  • Possess a hybrid of technical and soft skills.
  • Ethical, with a commitment to company values.

Compensation
The base salary range for this position is ($7.25 - $20.00) inclusive of all geographical differences in the labor market. The base salary for the position will be determined based on factors such as the candidate's work location, skills, education, and experience. In addition to those factors, we believe in the importance of pay equity and consider the internal equity of our current team members in determining any final offer. We offer a competitive benefits package including health, dental, vision, life insurance, paid time-off benefits, flexible spending account, 401(k) with employer match, and ESPP.
Additional Information
The application deadline for this job opportunity is 5/1/2026.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
Finance of America Reverse is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, sex (including pregnancy), sexual orientation, religion, creed, age, national origin, physical or mental disability, gender identity and/or expression, marital status, veteran status or other characteristics protected by law.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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