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Part Time Reverse Mortgage Loan Processor Jobs (NOW HIRING)

Texana Bank

Jr. Mortgage Loan Originator

Naples, FL · On-site +1

Position Type: Full-Time or Part-Time, Hourly Non-Exempt Department: Mortgage Sales Reports To ... with clients, processors, and underwriters to support timely file progression • Develop ...

M2

Mortgage Loan Underwriter (Westlake)

Westlake, OH · Hybrid

The Mortgage Loan Underwriter is responsible for performing initial underwriting analysis of 1-4 ... Process Oriented * Quality Focused * Resourcefulness * Communication * Accountability * Relations ...

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Part Time Reverse Mortgage Loan Processor information

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$28.5K

$50.9K

$94.5K

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

As of Jun 12, 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.

Will MLO be replaced by AI?

A mortgage loan originator (MLO) role involves personal interaction, assessment of borrower needs, and regulatory compliance, which are difficult for AI to fully replicate. While AI tools can assist with data analysis and document processing, the MLO's expertise and judgment remain essential in guiding clients through complex mortgage processes. Therefore, AI is more likely to augment rather than replace MLOs in their duties.

How much do part-time mortgage loan officers make?

Part-time reverse mortgage loan processors typically earn between $15 and $25 per hour, depending on experience and location. Their income can also include commissions or bonuses based on loan volume, and they often work flexible schedules with some requiring industry certifications such as the Nationwide Mortgage Licensing System (NMLS).

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

A reverse mortgage loan processor typically does not earn a commission based on loan size; instead, they receive a salary or hourly wage. Loan officers, however, often earn commissions or bonuses that can be a percentage of the loan amount, which might range from 0.5% to 1% or more, resulting in $2,500 to $5,000 or higher on a $500,000 loan. Compensation varies by employer, experience, and location.

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. Additionally, borrowers may face complex eligibility requirements and the possibility of owing more than the home's value if the loan balance exceeds the property worth. Proper understanding of these risks is essential when processing or advising on reverse mortgage loans.
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:
Part Time Reverse Mortgage Loan Processor jobs near you
Infographic showing various Part Time Reverse Mortgage Loan Processor job openings in the United States as of June 2026, with employment types broken down into 97% Full Time, and 3% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.
Mortgage Loan Originator-Outside; BR 37

Mortgage Loan Originator-Outside; BR 37

Texana Bank

Remote

Part-time

Posted 5 days ago

Job description

About Texana Bank, N.A.
Texana Bank first opened its doors in 1914 in Linden, Texas. In the past century, banks in our region have come and gone, but Texana is different. At Texana, we believe in growing for the right reasons - to better serve you.
Texana now boasts four full service branches throughout East Texas, in addition to two branches in Arkansas. We also have several mortgage offices to serve you. We' re bringing honesty back to banking. Our staff has the tools and knowledge to help you achieve your goals faster. At Texana, we call you by name, and we' re personally invested in your success. We' re not going anywhere.
Position Type: Part Time, Commission Only
Department: Mortgage
Reports To: Mortgage Branch Manager or Sales Manager
Position Summary
The Mortgage Loan Originator is responsible for generating residential mortgage business by actively sourcing and developing borrower relationships. This role requires a strong understanding of mortgage products, regulatory requirements, and customer service excellence. The ideal candidate has proven sales acumen, market knowledge, and the ability to guide clients through the loan process with confidence and transparency. This position must meet the Outside Sales Exemption criteria as defined by the Fair Labor Standards Act (FLSA) and applicable state regulations, meaning a significant portion of the employee's time is spent conducting sales activities away from the employer's place of business.
Key Responsibilities
• Originate mortgage loans in accordance with company guidelines and lending regulations
• Conduct borrower interviews to gather required financial information and assess eligibility
• Evaluate applicant financial documents to determine appropriate loan programs
• Educate clients on available loan products, terms, and procedures
• Submit complete loan applications to the processing team for approval and underwriting
• Maintain accurate records in the loan origination system
• Ensure timely follow-up with clients, processors, and underwriters
• Collaborate with internal departments to ensure smooth loan closings
• Meet established productivity and quality goals
• Maintain knowledge of current lending policies, compliance standards, and industry trends
Required Qualifications:
• High school diploma or equivalent; college coursework or degree preferred
• Valid NMLS license as required by state and federal regulations
• Previous experience in mortgage lending or financial services preferred
• Strong interpersonal and communication skills
• Ability to manage multiple tasks and prioritize in a fast-paced environment
• Familiarity with loan origination systems and Microsoft Office tool
Equal Opportunity Statement: Texana Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other protected status under applicable law.
Texana Bank Mortgage
1680 Keller Pkwy
Keller, TX 76248

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