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Remote Reverse Mortgage Loan Processor Jobs in Chicago, IL

Constructive Loans, LLC

Loan Opener

Oakbrook Terrace, IL · Remote

$21.50 - $23/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... mortgage loan origination process by ensuring accurate and efficient file setup. This position ... REMOTE NOTE: At this time, we are thoroughly reviewing all applications and will reach out directly ...

Obsidian Financial Services

Be Seen First

Licensed Mortgage Loan Officer

Schaumburg, IL · Remote

$70K - $300K/yr

  • PTO

Submit complete and accurate loan files to processing * Attend weekly loan and product training ... Ability to work independently in a remote environment Preferred Qualifications * Bilingual (Spanish ...

Jet Direct Mortgage

Mortgage Loan Originator

Chicago, IL · Remote

  • Medical

  • Dental

  • Life

  • Retirement

Join Our Team as a Mortgage Loan Originator! Beyond the Basics: What Makes Jet Direct Mortgage ... Dedicated In-House Processing and Underwriting Teams whose primary focus is to support you and ...

Jet Direct Mortgage

Mortgage Loan Originator

Chicago, IL · Remote

  • Medical

  • Dental

  • Life

  • Retirement

Join Our Team as a Mortgage Loan Originator! Beyond the Basics: What Makes Jet Direct Mortgage ... Dedicated In-House Processing and Underwriting Teams whose primary focus is to support you and ...

Huntington

Mortgage Loan Officer - Chicago, IL

Downers Grove, IL · On-site +1

$10 - $11.54/hr

  • Medical

  • Life

  • Retirement

  • PTO

The Mortgage Loan Officer - Retail position provides Simply the Best customer service to each ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

Huntington

Mortgage Loan Officer - Chicago, IL

Downers Grove, IL · On-site +1

$10 - $11.54/hr

  • Medical

  • Life

  • Retirement

  • PTO

The Mortgage Loan Officer - Retail position provides Simply the Best customer service to each ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

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Remote Reverse Mortgage Loan Processor information

See Chicago, IL salary details

$29.4K

$52.4K

$97.3K

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

As of Aug 14, 2026, the average yearly pay for remote 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 is a remote reverse mortgage loan processor?

Remote Reverse Mortgage Loan Processors are professionals who handle the documentation and administrative tasks required to process reverse mortgage loans, working from a remote location rather than a physical office. Their responsibilities include reviewing loan applications, verifying borrower information, ensuring compliance with lending regulations, and coordinating with borrowers, underwriters, and other parties involved in the loan process. By working remotely, they leverage technology to securely manage sensitive information and communicate efficiently. This role requires strong organizational skills, attention to detail, and knowledge of reverse mortgage products and guidelines.

What are the key skills and qualifications needed to thrive as a remote reverse mortgage loan processor?

To thrive as a Remote Reverse Mortgage Loan Processor, you need a solid understanding of mortgage lending practices, loan processing procedures, and compliance regulations, typically supported by prior mortgage experience or relevant certifications. Familiarity with loan origination systems (LOS), document management software, and secure digital communication tools is essential. Exceptional organizational skills, attention to detail, and strong written communication help you efficiently manage files and interact with borrowers and team members remotely. These skills ensure accurate, timely loan processing and regulatory compliance, which are critical for successful loan closings and client satisfaction.

What is the difference between Remote Reverse Mortgage Loan Processor vs Remote Mortgage Underwriter?

AspectRemote Reverse Mortgage Loan ProcessorRemote Mortgage Underwriter
CredentialsLoan processing certifications, FHA/VA/USDA knowledgeMortgage underwriting certifications, AUS knowledge
Work EnvironmentLoan processing teams, remote officeUnderwriting teams, remote or office-based
Industry UsageMortgage lenders, brokers, reverse mortgage companiesMortgage lenders, banks, financial institutions

The Remote Reverse Mortgage Loan Processor focuses on gathering documents and preparing files for approval, while the Remote Mortgage Underwriter evaluates risk and makes final approval decisions. Both roles require mortgage industry knowledge and certifications, often working remotely within the same industry environment.

What are some common challenges faced by remote reverse mortgage loan processors, and how can they be managed effectively?

Remote reverse mortgage loan processors often encounter challenges such as maintaining clear communication with borrowers and team members, managing high volumes of sensitive documentation, and ensuring compliance with strict regulatory guidelines. To manage these effectively, it's important to utilize secure document management systems, establish regular check-ins with colleagues and clients, and stay updated on industry regulations. Building strong organizational skills and leveraging digital collaboration tools can also help streamline workflows and reduce errors.

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:

What are popular job titles related to Remote Reverse Mortgage Loan Processor jobs in Chicago, IL?

For Remote Reverse Mortgage Loan Processor jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Remote Reverse Mortgage Loan Processor jobs in Chicago, IL look for?

The top searched job categories for Remote Reverse Mortgage Loan Processor jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Remote Reverse Mortgage Loan Processor jobs?

Cities near Chicago, IL with the most Remote Reverse Mortgage Loan Processor job openings:

Remote Reverse Mortgage Loan Processor jobs near you

Remote Loan Originator - Nationwide

The Federal Savings Bank

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement

Re-posted 7 days ago

Job description

Job Type
Full-time
Description
Looking for Remote Loan Originators Nationwide!
If you're motivated to refine your abilities, increase your efficiency, and help more referral partners close more loans, all while enhancing your lifestyle, then you are in the right place! At The Federal Savings Bank you will have the ability to lend in all 50 states and help more clients! We are a veteran-owned, federally chartered bank that offers the widest array of Fannie, Freddie, Ginnie, jumbo, non-QM, reverse, and bank portfolio loan programs that enable you to say YES! We can close your purchases and refinances within 25 days with in-house processing, underwriting, and closing, a fully paid loan officer assistant program, and world class origination and customer fulfillment systems. Additionally, we offer marketing support to optimize your online presence, and maintain strong relationships with past clients and referral partners, and help you grow your business!
For more details please contact:
Alejandra Villasenor
Phone: (312) 738-8422
Email: avillasenor@thefederalsavingsbank.com
What You Bring:
  • You are an enthusiastic go-getter who is highly motivated
  • You can bring and serve existing referral sources (such as realtors, previous customers, and other lead generators).
  • You can build new referral sources nationwide with the ability to lend in 50 states
  • You possess the ability to master different loan programs, and desire to learn our bank portfolio programs to complete your experience in originating Fannie/Freddie, FHA, VA, and USDA loans

What We Bring:
  • Loan programs for every borrower: FHA, VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio programs (ITIN, bridge, 2nd home, investment, etc.), Condos/Co-ops, portfolio construction & renovation programs, reverse mortgage, multi-family & apartment building, commercial, personal unsecured loans and more!
  • Cutting edge mortgage app, digital closing software, and our marketing CRM
  • Annual Chairman's Club trips to fantastic cultural destinations
  • Coaching from your Executive Vice President to help you grow professionally
  • TFSB offers an extensive benefits package, including medical, dental, vision and 401k match!

Compensation
  • This position is commission-based

The Federal Savings Bank is an equal opportunity employer . All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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