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Part Time Reverse Mortgage Loan Processor Jobs in Chicago, IL

Mortgage Loan Officer

Wheaton, IL ยท On-site

$37K/yr

To learn more about these and other programs, including benefits for full time and part-time ... required to participate in the application process, please contact us via email at ...

Mortgage Loan Officer

Chicago, IL ยท On-site

$49K - $82K/yr

To learn more about these and other programs, including benefits for full time and part-time ... required to participate in the application process, please contact us via email at ...

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Part Time Reverse Mortgage Loan Processor information

See Chicago, IL salary details

$29.4K

$52.4K

$97.3K

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

As of Sep 8, 2026, the average yearly pay for part time reverse mortgage loan processor in Chicago, IL is $52,437.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,200.00 and $56,700.00 per year, depending on experience, location, and employer.

What are the most commonly searched types of Reverse Mortgage Loan Processor jobs in Chicago, IL?

The most popular types of Reverse Mortgage Loan Processor jobs in Chicago, IL are:

Infographic showing various Part Time Reverse Mortgage Loan Processor job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 16% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $52,437 per year, or $25.2 per hour.

Mortgage Direct Loan Officer

Chicago, IL โ€ข Hybrid

$30K - $43K/yr

Full-time, Part-time

Medical, Dental, Vision, Retirement

Re-posted 19 days ago


Job description

Responsible for the development of new mortgage business from both credit union members, noncredit union referral sources and various lead aggregators. Prospecting non-member borrowers and referral sources as well as prospecting to credit unions provided lead opportunities. Stay current with credit union products and mortgage guidelines. Use knowledge of credit union products and mortgage guidelines, as well as an overall knowledge of mortgage lending and current market conditions.

Essential Responsibilities

  • Development of new mortgage business through referral sources such as realtors and past clients.
  • Conduct outbound calling and selling to member leads and credit union provided non-member leads.
  • Develop sales and prospects and continually grow a diverse referral base. Identify and sell Alliant’s mortgage strengths and niches.
  • Prospects and follows up with credit union provided leads; develops and consistently executes a goal-focused business plan.
  • Take accurate and complete first mortgage loan applications, collect initial documentation and forward to the processing unit.
  • Originate quality applications that meet Alliant’s product guidelines.
  • Set proper borrower expectations and work with members and processing to facilitate a smooth and timely member experience.
  • Work with borrower and processing unit throughout the loan process to ensure member satisfaction and expectations are met.
  • Originate quality applications that meet product guidelines.

Education & Years of Experience

  • Minimum - 4 Year Bachelors Degree in Business, Finance, Economics or Related 
  • Minimum - 3 Years Consumer direct loan officer or related

In Lieu of Education

  • 5 Years Consumer Direct Loan Officer

Compensation & Benefits:

Typical hiring range:‏‏‎ ‎ $30,800.00 to $43,600.00‎ Annually. Actual compensation will be determined using factors such as experience, skills & knowledge. 

Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:

  • Annual performance bonus
  • Work from home up to 3 days a week
  • Paid parental leave
  • Employee discount programs
  • Time off including paid personal and sick days
  • 11 paid holidays 
  • Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives. 

The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.