ZipRecruiter

Log In

1

Senior Reverse Mortgage Jobs (NOW HIRING)

dv01

Sr. Reverse Engineer

$1K/day

A Senior Reverse Engineer marries quantitative skills with a deep understanding of ABS, RMBS, Private Credit, Structured Finance, and Mortgage markets to ensure that users, across all of the asset ...

CrossCountry Mortgage

Senior Loan Officer Assistant

$38K - $52K/yr

The Senior Loan Officer Assistant provides support to CrossCountry Mortgage, LLC's ("CCM") mortgage ... reverse mortgage products. * Deliver appraisals and/or property valuations to the borrower and ...

next page

Showing results 1-20

All JobsSenior Reverse Mortgage Jobs

Senior Reverse Mortgage information

See salary details

$25K

$80.3K

$163.5K

How much do senior reverse mortgage jobs pay per year?

As of Jun 8, 2026, the average yearly pay for senior reverse mortgage in the United States is $80,287.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,500.00 and $103,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Senior Reverse Mortgage Specialist, and why are they important?

To thrive as a Senior Reverse Mortgage Specialist, you need deep knowledge of reverse mortgage products, lending regulations, and typically a background in finance or mortgage lending. Familiarity with loan origination systems (LOS), CRM software, and relevant certifications such as NMLS licensure is important. Excellent communication, client relationship management, and problem-solving skills set top performers apart in this field. These skills ensure accurate guidance, regulatory compliance, and a positive client experience throughout the complex reverse mortgage process.

What is a Senior Reverse Mortgage Specialist?

A Senior Reverse Mortgage Specialist is a financial professional who helps seniors understand and obtain reverse mortgages. These loans allow homeowners aged 62 or older to convert part of their home equity into cash without selling their home or making monthly mortgage payments. The specialist guides clients through the qualification process, explains the pros and cons, and ensures compliance with government regulations. They also answer questions related to loan terms, eligibility, and repayment requirements. Their goal is to help seniors make informed decisions about leveraging their home equity for retirement needs.

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

AspectSenior Reverse MortgageMortgage Loan Officer
Required CredentialsHUD-approved counseling, licensingLoan originator license, NMLS registration
Work EnvironmentFinancial institutions, counseling agenciesMortgage brokerages, banks
Industry UsageSenior housing, retirement planningHome financing, real estate
Search & Comparison IntentUnderstanding reverse mortgage optionsFinding mortgage loan options

The main difference is that a Senior Reverse Mortgage specializes in providing reverse mortgage solutions for seniors, focusing on retirement income and home equity conversion. A Mortgage Loan Officer, on the other hand, assists clients in securing various types of traditional mortgage loans for home purchase or refinancing. While both roles require licensing and work within the mortgage industry, their target clients and services differ significantly.

How much does a mortgage broker make on a $500,000 mortgage?

A senior reverse mortgage broker typically earns a commission based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 on a $500,000 mortgage. Compensation can vary depending on the broker's experience, the lender, and the specific commission structure used in reverse mortgage transactions.

What are some common challenges faced by Senior Reverse Mortgage Consultants, and how can they be addressed?

Senior Reverse Mortgage Consultants often encounter challenges such as educating clients on complex loan terms, addressing misconceptions about reverse mortgages, and navigating regulatory requirements. Building trust with clients, maintaining up-to-date knowledge of industry regulations, and developing strong communication skills are key to overcoming these challenges. Collaborating closely with underwriters, loan processors, and compliance teams also helps ensure a smooth loan process and positive client experiences.
More about Senior Reverse Mortgage jobs
What cities are hiring for Senior Reverse Mortgage jobs? Cities with the most Senior Reverse Mortgage job openings:
What are the most commonly searched types of Reverse Mortgage jobs? The most popular types of Reverse Mortgage jobs are:
What states have the most Senior Reverse Mortgage jobs? States with the most job openings for Senior Reverse Mortgage jobs include:
What job categories do people searching Senior Reverse Mortgage jobs look for? The top searched job categories for Senior Reverse Mortgage jobs are:
Senior Reverse Mortgage jobs near you
Infographic showing various Senior Reverse Mortgage job openings in the United States as of May 2026, with employment types broken down into 6% Internship, 17% As Needed, 54% Full Time, 6% Part Time, 11% Temporary, and 6% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $80,287 per year, or $38.6 per hour.
Senior Reverse Mortgage Processor

Senior Reverse Mortgage Processor

Nationwide Mortgage Bankers Inc.

Melville, NY • On-site

$70K - $80K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago

Job description

Nationwide Mortgage Bankers, Inc. is a direct lending mortgage bank exclusively serving the home finance market for one to four family residential properties.Licensed by the U.S. Department of Housing and Urban Development, we specialize in government insured loans. Our approval by the United States Department of Veteran Affairs provides us the honor of being able to serve our military population. Additionally, we also offer Conventional Home Financing.

Our corporate culture allows our employees to thrive both personally and professionally by utilizing the latest technological advancements available. We believe in empowering our loan originators with all of the resources and tools necessary to help them focus on growing their business by empowering their referral sources. It is no wonder why we are steadily growing at a rapid pace. NMLS: 819382.

We are seeking an experienced, detail-oriented, and service-driven HECM Reverse Mortgage Processor to support a top-producing Principal Reverse Mortgage Agent within a nationally recognized private mortgage bank. This role is critical in delivering a best-in-class client experience while ensuring operational excellence throughout the reverse mortgage loan process.

The ideal candidate possesses strong knowledge of FHA-insured HECM products, exceptional communication skills, and the ability to manage a high-volume pipeline with accuracy, urgency, and professionalism.


Benefits

Annual Base Salary + Bonus Opportunities

Paid Time Off (PTO)

Flexible Schedule

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Mon-Fri Schedule

Retirement Plan


Responsibilities

Process FHA HECM Reverse Mortgage loans from application through closing

Collect, review, and validate all required borrower documentation

Ensure files meet FHA, HUD, investor, and company compliance guidelines

Maintain consistent communication with borrowers, financial advisors, attorneys, title companies, and internal teams

Coordinate with underwriting to clear conditions efficiently and proactively

Order and manage appraisals, title, payoff statements, counseling certificates, and other required documentation

Monitor pipeline milestones and ensure timely progression of loans

Review disclosures and closing packages for accuracy

Provide white-glove customer service to senior borrowers and referral partners

Work directly with the Principal Agent to prioritize workflow, service levels, and production goals

Maintain detailed loan notes and ensure complete file integrity within LOS systems

Identify and resolve issues proactively to avoid delays in closing


Requirements

Minimum 3+ years of mortgage processing experience

Reverse mortgage/HECM processing experience strongly preferred

Strong knowledge of FHA/HUD guidelines and reverse mortgage regulations

Experience working in Encompass or similar loan origination systems

Exceptional organizational and time-management skills

Ability to multitask and manage multiple files in a fast-paced environment

Strong communication and interpersonal skills

High attention to detail and accuracy

Team-oriented mindset with a proactive attitude

Professional demeanor with compassion and patience when working with senior clients

Understanding of financial assessment requirements

Familiarity with HECM refinance transactions and purchase loans

Experience working with high-producing loan officers or branch leadership

Knowledge of investor overlays and reverse mortgage operations