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Remote Reverse Mortgage Underwriter Jobs in Chicago, IL

Captive Marketing Underwriter

Chicago, IL · On-site +1

$90K - $130K/yr

Remote (United States) Or Hybrid (Las Vegas, NV) About Acrisure A global fintech leader, Acrisure ... mortgage services - and more. In the last twelve years, Acrisure has grown in revenue from $38 ...

Captive Marketing Underwriter

Chicago, IL · On-site +1

$90K - $130K/yr

Remote (United States) Or Hybrid (Las Vegas, NV) About Acrisure A global fintech leader, Acrisure ... mortgage services - and more. In the last twelve years, Acrisure has grown in revenue from $38 ...

Senior Stop Loss Underwriter

Chicago, IL · On-site +1

$90K - $125K/yr

Remote (United States) About Acrisure A global fintech leader, Acrisure empowers millions of ... mortgage services - and more. In the last twelve years, Acrisure has grown in revenue from $38 ...

Our main focus is on Mortgage Protection Insurance, which means we help families with their ... On average, you can expect to earn around $500 per application. Full time underwriters typically ...

Remote Sales Representative

Chicago, IL · On-site +1

$75K - $180K/yr

Our main focus is on Mortgage Protection Insurance, which means we help families with their ... On average, you can expect to earn around $500 per application. Full time underwriters typically ...

Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership ... They also support underwriting functions such as maintaining exclusionary lists and serving as a ...

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Showing results 1-20

Remote Reverse Mortgage Underwriter information

See Chicago, IL salary details

$24.1K

$109.4K

$145.1K

How much do remote reverse mortgage underwriter jobs pay per year?

As of Aug 25, 2026, the average yearly pay for remote reverse mortgage underwriter in Chicago, IL is $109,403.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,200.00 and $115,800.00 per year, depending on experience, location, and employer.

What is a remote reverse mortgage underwriter?

A Remote Reverse Mortgage Underwriter is responsible for evaluating and approving reverse mortgage loan applications while working from a remote location. They assess borrower eligibility, review financial documents, and ensure compliance with industry regulations and lender guidelines. Their role involves analyzing credit, property appraisals, and income verification to determine loan viability. Strong knowledge of FHA and HUD requirements for Home Equity Conversion Mortgages (HECMs) is essential. This position requires attention to detail, risk assessment skills, and effective communication with loan officers and processors.

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

To thrive as a Remote Reverse Mortgage Underwriter, you need expertise in mortgage underwriting, a solid understanding of reverse mortgage products, FHA and HUD guidelines, and several years of loan processing or underwriting experience. Familiarity with industry-standard underwriting software, loan origination systems, and certifications such as DE or SAR are often sought after. Strong analytical skills, attention to detail, clear communication, and the ability to manage time independently are highly valued soft skills in this role. These competencies are crucial for accurately evaluating complex loan files remotely while ensuring compliance and maintaining a positive borrower experience.

What are some common challenges faced by remote reverse mortgage underwriters, and how can they be addressed?

Remote reverse mortgage underwriters often face challenges such as interpreting complex financial documents, staying updated on evolving HUD and FHA guidelines, and effectively communicating with loan officers and processors across different locations. To succeed, it's important to have strong organizational skills, regularly participate in industry training, and utilize secure, collaborative technology tools that streamline communication and document sharing. Proactively managing time and seeking clarification on ambiguous files or policies helps maintain accuracy and efficiency. Most employers provide ongoing support and continuous learning opportunities to help their remote underwriting teams overcome these challenges and remain compliant with regulations.

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

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

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

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

Infographic showing various Remote Reverse Mortgage Underwriter job openings in Chicago, IL as of August 2026, with employment types broken down into 85% Full Time, 8% Part Time, and 7% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $109,403 per year, or $52.6 per hour.

Remote Loan Originator - Nationwide

Chicago, IL • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement

Re-posted 18 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.