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Reverse Mortgage Jobs in Riverside, CA (NOW HIRING)

Reverse Mortgage Loan Processor

Irvine, CA ยท On-site

$42K - $59K/yr

Process reverse mortgage loan files from application through closing Review and organize borrower documentation to ensure complete and accurate loan files Prepare and distribute required disclosures ...

Reverse & Forward Mortgage Post Closer Join a company with 20 years of mortgage excellence! As we celebrate our 20th Anniversary, we're looking for an experienced Reverse & Forward Mortgage Post ...

As we celebrate our 20th Anniversary , we're looking for an experienced Reverse & Forward Mortgage Post Closer to join our growing Operations team. This role is responsible for reviewing closed loan ...

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Reverse Mortgage information

See Riverside, CA salary details

$40.7K

$44.3K

$46.9K

How much do reverse mortgage jobs pay per year?

As of Aug 26, 2026, the average yearly pay for reverse mortgage in Riverside, CA is $44,338.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,800.00 and $45,900.00 per year, depending on experience, location, and employer.

What is a reverse mortgage?

A reverse mortgage is a type of loan available to homeowners aged 62 or older that allows them to convert part of the equity in their home into cash. Unlike a traditional mortgage, the borrower does not have to make monthly payments; instead, the loan is repaid when the homeowner sells the house, moves out, or passes away. Reverse mortgages can help retirees with limited income cover essential living expenses, but they can also reduce the amount of inheritance left to heirs. It's important to understand the costs, risks, and responsibilities before taking out a reverse mortgage.

What are reverse mortgage jobs?

Reverse mortgage jobs include loan officers and sales representatives who work with clients interested in a reverse mortgage loan that allows for borrowing against the equity they built in their home. The responsibilities of a loan officer include assisting borrowers with their application, obtaining all necessary information and paperwork to process the application, and determining lending eligibility based on credit, risk, and other factors. The duties of a sales representative for reverse mortgages is to identify potential borrower leads, market and sell reverse mortgages to customers, and continue building a relationship with a customer base.

What are the key skills and qualifications needed to thrive as a reverse mortgage specialist, and why are they important?

To thrive as a Reverse Mortgage Specialist, you need expertise in mortgage lending, financial analysis, and a thorough understanding of reverse mortgage products, typically supported by a mortgage loan originator (MLO) license. Familiarity with loan origination software, CRM systems, and compliance regulations is essential for effective case management. Outstanding interpersonal skills, patience, and ethical judgment help build trust with senior clients and guide them through complex financial decisions. These competencies ensure clients receive accurate advice, maintain regulatory compliance, and foster long-term professional relationships.

What are some common challenges faced by professionals working in reverse mortgage roles?

Professionals in reverse mortgage roles often face the challenge of explaining complex loan products to clients who may be unfamiliar or skeptical about reverse mortgages. Building trust and ensuring clients fully understand the terms, benefits, and potential risks is essential. Additionally, navigating strict regulatory requirements and keeping up with changes in lending guidelines can be demanding. Success in this role relies on strong communication skills, patience, and a detail-oriented approach to compliance and documentation.

What is the difference between Reverse Mortgage vs Mortgage Loan Officer?

AspectReverse MortgageMortgage Loan Officer
CredentialsHUD-approved counselor, licensingLoan originator license, NMLS registration
Work EnvironmentFinancial institutions, counseling settingsMortgage brokerages, banks, lending offices
Industry UsageSenior homeowners, retirement planningHomebuyers, refinancing, purchase loans
Search & Comparison IntentUnderstanding reverse mortgage optionsApplying for traditional mortgage loans

Reverse Mortgage and Mortgage Loan Officer roles are interconnected within the mortgage industry but serve different purposes. Reverse mortgages are financial products for seniors to access home equity, requiring specific counseling and approval processes. Mortgage Loan Officers facilitate various types of home loans, including purchase and refinance loans, working directly with clients to secure financing. While both roles involve mortgage expertise, their focus, credentials, and target clients differ significantly.

How to become a reverse mortgage loan officer?

To become a reverse mortgage loan officer, you typically need a high school diploma or equivalent, followed by completing pre-licensing education approved by the relevant financial regulatory authority. You must pass a licensing exam, often obtain a state license, and gain knowledge of reverse mortgage products, lending laws, and financial regulations. Experience in mortgage lending or sales can be beneficial, and ongoing training is often required to maintain licensure.

What are popular job titles related to Reverse Mortgage jobs in Riverside, CA?

For Reverse Mortgage jobs in Riverside, CA, the most frequently searched job titles are:

What job categories do people searching Reverse Mortgage jobs in Riverside, CA look for?

The top searched job categories for Reverse Mortgage jobs in Riverside, CA are:

What cities near Riverside, CA are hiring for Reverse Mortgage jobs?

Cities near Riverside, CA with the most Reverse Mortgage job openings:

Infographic showing various Reverse Mortgage job openings in Riverside, CA as of August 2026, with employment types broken down into 89% Full Time, and 11% Contract. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $44,338 per year, or $21.3 per hour.

Reverse Mortgage Loan Officer

Irvine, CA โ€ข Remote

Opulence Funding LLC
Commercial Bankingย โ€ขย 11 - 50 employees

$50K - $250K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 12 days ago


Job description

Benefits:
  • 401(k)
  • Dental insurance
  • Health insurance
  • Vision insurance

Licensed Reverse Mortgage Loan Officer
Location: Remote 
Are you a licensed Mortgage Loan Officer looking for real lead flow and real earning potential?
At Opulence Home Equity, we provide our Loan Officers with company-generated leads, proprietary technology, and in-house support so you can focus on what matters most — helping clients and closing loans.
What We Offer:

Company-Provided Leads: High-quality reverse mortgage leads delivered directly to our Loan Officers — no need to self-source all of your business.
Consistent Lead Flow: Ongoing opportunities designed to keep your pipeline active and productive.
Proprietary Technology: Advanced lead management system to help maximize efficiency and conversion.
In-House Support: Dedicated management and operational support to help move loans efficiently.
Competitive Compensation: Strong commission opportunities, bonus potential, and fast payouts.
Benefits: Access to 401(k), medical, dental, and vision insurance.
Remote / Hybrid Flexibility: Work remotely with support from a collaborative team environment.
Your Role:

• Work directly with company-provided leads to educate borrowers on reverse mortgage solutions.
 • Guide clients through the application process from inquiry to closing.
 • Build relationships and provide exceptional customer service throughout the loan process.
 • Stay informed on reverse mortgage products and industry guidelines.
 • Help seniors and homeowners identify financial solutions that meet their needs.
What We’re Looking For:

Active NMLS License (New York required)
• Reverse mortgage experience required.
• Strong communication and relationship-building skills.
• Self-motivated, goal-oriented, and comfortable working with company-provided leads.
• Passion for helping clients while building a successful career.
Apply today and start closing more loans with access to company-provided leads and dedicated support!

This is a remote position.