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Part Time Reverse Mortgage Loan Processor Jobs (NOW HIRING)

Loan Processor

Whittier, CA ยท On-site

$2.0K - $4.0K/mo

LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB! Willing to drive to Whittier, CA daily. We ... and Mortgage Company. Please call Elizabeth @ 323-833-1957 or email resume to elizabeth ...

Loan Processor

Whittier, CA ยท On-site

$2.0K - $4.0K/mo

LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB! Willing to drive to Whittier, CA daily. We ... and Mortgage Company. Please call Elizabeth @ 323-833-1957 or email resume to elizabeth ...

The Mortgage Loan Coordinator supports the mortgage function from application through post-closing ... Coordinates with internal partners including processing, underwriting, closing, and secondary ...

The Mortgage Loan Coordinator supports the mortgage function from application through post-closing ... Coordinates with internal partners including processing, underwriting, closing, and secondary ...

MORTGAGE LOAN ORIGINATOR All Mortgage Lenders talk about their competitive compensation, quick turn ... In house processing and underwriting team supporting you * Creative sales driven marketing team and ...

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Part Time Reverse Mortgage Loan Processor information

See salary details

$28.5K

$50.9K

$94.5K

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

As of Aug 2, 2026, the average yearly pay for part time 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.

How much does a loan officer make on a $500,000 loan?

A reverse mortgage loan processor or loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%. For a $500,000 loan, this could translate to $5,000 to $10,000 in fees or commissions, depending on the company's compensation structure and the specific loan terms.

Can I work part-time as a mortgage loan officer?

Part-time work as a mortgage loan officer is possible, but it depends on the employer and licensing requirements. Many loan officers work full-time, but some companies offer part-time positions, especially for experienced professionals or in specific markets. Licensing and industry knowledge are essential regardless of full- or part-time status.

How much does a part-time mortgage loan officer make?

A part-time reverse mortgage loan processor typically earns between $15 and $25 per hour, depending on experience and location. Compensation may include commissions or bonuses based on loan volume, and the role often requires familiarity with loan processing software and certification in mortgage lending standards.

What is the dark side of reverse mortgage?

A reverse mortgage loan processor should be aware that reverse mortgages can carry risks such as high fees, potential for foreclosure if loan terms are not met, and the reduction of inheritance for heirs. Borrowers may also face complex eligibility requirements and the possibility of owing more than the home's value if the loan balance exceeds the property worth. Proper processing and clear communication are essential to mitigate these risks for clients.
What cities are hiring for Part Time Reverse Mortgage Loan Processor jobs? Cities with the most Part Time 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 Part Time Reverse Mortgage Loan Processor jobs? States with the most job openings for Part Time Reverse Mortgage Loan Processor jobs include:
Infographic showing various Part Time Reverse Mortgage Loan Processor job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 89% Full Time, 6% Part Time, and 4% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.

Loan Processor

US Realty & Mortgage Inc

Whittier, CA โ€ข On-site

$2.0K - $4.0K/mo

Part-time

Re-posted 10 days ago


Job description

LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB!  Willing to drive to Whittier, CA daily.

We are looking for a HIGH ENERGY, DETAILED and reliable Loan Processor to individual loans. You will undertake an intermediary role between wholesale lenders and our inside team. We are looking for qualified applicants to process loans in a timely manner with outstanding customer service, writing and phone skills. Loan processor duties and responsibilities will include analysis of the loan file from initial opening to drawing loan documents for final docs and everything in between.

Responsibilities

  • Perform initial review of the loan file
  • Collect and package the loan file for submission to the underwriter
  • Document the file and reach out to all participants for updated documents (Credit/income/Assets/Insurance/etc.)
  • Obtain loan applications daily
  • Edit application, or input application through Point and download to Automated Underwriting System (Desktop Underwriter) and run credit to obtain pre-approval
  • Document borrower information provided in application
  • Submit file to underwriter for Pre-Approval
  • Notify Loan Originator (Loan Advisor, A-List, or Loan Consultant) regarding prequalification, requirements, and decision (approval, counteroffer, denial)
  • Obtain all conditions required from borrower (i.e. income documentation, assets/bank statements, purchase contract and escrow instructions if purchase transaction)
  • Analyze all forms of income documentation
  • Send preapproval letter to borrower upon request
  • Maintain open communication with the borrower or Loan Originator

Skills

  • Be able to work in an office
  • Proven 3-5 year working experience in a loan processor role
  • Good knowledge of Calyx software and MS Office
  • Comprehension of direct/indirect lending procedures
  • In-depth understanding of relevant rules and regulations
  • Excellent communication and sales skills
  • Balance between customer satisfaction orientation and a results driven approach

Job Type: Part Time to Full-time as business picks up

Company Description

We are a Real Estate Firm and Mortgage Company. Please call Elizabeth @ 323-833-1957 or email resume to elizabeth@eresmortgage.com