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Vice President Reverse Mortgage Underwriter Jobs

COASTAL1 CREDIT UNION

Mortgage Underwriter I

Pawtucket, RI · On-site

$48K - $63K/yr

The Mortgage Underwriter I, under the direction of the VP Real Estate Lending, will be responsible for underwriting and evaluating residential mortgage loans. This role requires ON SITE availability ...

New

CrossCountry Mortgage

VP of Branch Production

... reverse mortgage products. * Ensure structure of the loan presents the best program based on the ... Pre-underwrite items to help support approval of the loan (paystubs, credit reports, W2's bank ...

AgWest Farm Credit

Mortgage Underwriter

Spokane, WA · On-site

$66K - $99K/yr

This full-time position reports to the Credit Approval and Underwriting III, VP and analyzes ... mortgage program. Compensation Information The base salary range for this position in Spokane ...

New

AgWest Farm Credit

Mortgage Underwriter

Spokane, WA

$66K - $99K/yr

This full-time position reports to the Credit Approval and Underwriting III, VP and analyzes ... mortgage program. Compensation Information The base salary range for this position in Spokane ...

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All JobsVice President Reverse Mortgage Underwriter Jobs

Vice President Reverse Mortgage Underwriter information

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$54

How much do vice president reverse mortgage underwriter jobs pay per hour?

As of Jul 31, 2026, the average hourly pay for vice president reverse mortgage underwriter in the United States is $29.76, according to ZipRecruiter salary data. Most workers in this role earn between $19.71 and $34.62 per hour, depending on experience, location, and employer.

What is the difference between Vice President Reverse Mortgage Underwriter vs Reverse Mortgage Loan Officer?

AspectVice President Reverse Mortgage UnderwriterReverse Mortgage Loan Officer
Primary RoleEvaluates and approves reverse mortgage applications, ensuring compliance and risk managementAssists clients, explains loan options, and processes applications
Required CredentialsMortgage underwriting certifications, industry experience, knowledge of reverse mortgage regulationsLoan origination licenses, sales experience, knowledge of reverse mortgage products
Work EnvironmentOffice-based, risk assessment, compliance departmentsClient-facing, sales, and loan processing settings
Industry UsageFinancial institutions, mortgage lenders, banksMortgage brokers, lenders, financial advisory firms

The Vice President Reverse Mortgage Underwriter focuses on evaluating and approving reverse mortgage applications, emphasizing risk and compliance. In contrast, the Reverse Mortgage Loan Officer primarily interacts with clients, explaining options and processing applications. Both roles require industry-specific knowledge, but their responsibilities and work environments differ significantly.

What does a Vice President Reverse Mortgage Underwriter do?

A Vice President Reverse Mortgage Underwriter is a senior professional responsible for overseeing the underwriting process of reverse mortgage loans. This role involves evaluating applicants' financial profiles, ensuring compliance with lending regulations, and managing a team of underwriters. They also develop and implement underwriting policies, provide training, and collaborate with other departments to streamline loan processing. The Vice President ensures that all reverse mortgage loans are accurately assessed for risk and eligibility, helping the organization maintain high standards and minimize losses.

What are the key skills and qualifications needed to thrive as a Vice President Reverse Mortgage Underwriter, and why are they important?

To thrive as a Vice President Reverse Mortgage Underwriter, you need deep expertise in mortgage underwriting, reverse mortgage regulations, and risk assessment, typically supported by a bachelor's degree in finance or a related field and significant industry experience. Familiarity with loan origination systems, automated underwriting tools, and compliance management software is essential. Strong leadership, decision-making skills, and effective communication are critical soft skills for guiding teams and ensuring adherence to policies. These skills and qualities are vital for maintaining regulatory compliance, minimizing risk, and driving organizational success in the specialized reverse mortgage sector.

What are some of the main challenges faced by a Vice President Reverse Mortgage Underwriter, and how can job seekers prepare for them?

One of the primary challenges in this role is balancing complex regulatory requirements with the need to deliver timely loan decisions. As a Vice President, you'll also oversee teams and processes, which requires strong leadership and communication skills to ensure consistency and compliance. Staying current with industry trends and changes in HUD guidelines is essential. To prepare, job seekers should gain experience with reverse mortgage products, develop a deep understanding of underwriting policies, and demonstrate the ability to lead and train underwriting teams effectively.
What cities are hiring for Vice President Reverse Mortgage Underwriter jobs? Cities with the most Vice President Reverse Mortgage Underwriter job openings:
What are the most commonly searched types of Reverse Mortgage Underwriter jobs? The most popular types of Reverse Mortgage Underwriter jobs are:
What states have the most Vice President Reverse Mortgage Underwriter jobs? States with the most job openings for Vice President Reverse Mortgage Underwriter jobs include:
What job categories do people searching Vice President Reverse Mortgage Underwriter jobs look for? The top searched job categories for Vice President Reverse Mortgage Underwriter jobs are:
Vice President Reverse Mortgage Underwriter jobs near you
Infographic showing various Vice President Reverse Mortgage Underwriter job openings in the United States as of July 2026, with employment types broken down into 91% Full Time, 6% Part Time, and 3% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $61,902 per year, or $29.8 per hour.

Mortgage Underwriter - Reverse

Mutual of Omaha Mortgage

Remote

$90K - $110K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 25 days ago

Job description

Mutual of Omaha is a Fortune 300 Company. Mutual of Omaha Mortgage is inspired by hometown values and a commitment to being responsible and caring for each other. We exist for the benefit of our customers and employees.
Mutual of Omaha Mortgage is a full service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans. We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none. If you are interested in joining a team that promotes from within and works together toward a common goal of helping customers with their mortgage needs please review and apply for our opening below!
We are seeking Underwriters to join our first in class Operations Team!
JOB PURPOSE:
To accurately evaluate and underwrite HECM reverse mortgage loan files submitted by retail and wholesale production channels, in accordance with company policy and FHA HECM guidelines.
DUTIES AND RESPONSIBILITIES:
  • Evaluate risk in accordance with all HECM FHA guidelines and company policies
  • Review all aspects of the loan file, including title and appraisal reports
  • Set the terms for approval and compliance or identify reasons for rejection
  • Ensure regulatory compliance and completeness
  • Effectively communicate all loan decisions to sales channels and management, as needed
  • Accurately review and input pertinent loan data into operational systems
  • Utilize FHA Connection to update loan data as needed
  • Work closely with all operational departments to establish productive and efficient work flows
  • Complete required checklists and worksheets

QUALIFICATIONS:
  • Minimum 4 yrs in mortgage loan underwriting required
  • Reverse mortgage experience a plus
  • FHA Direct Endorsement strongly preferred
  • Bachelor's degree strongly preferred, but not required
  • Excellent computer skills and knowledge of MS Office products
  • Strong customer service and time management skills a must
  • Highly motivated and determined to succeed in a competitive, time sensitive industry

Mutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply. We offer an extensive compensation package. Benefits include:
  • Vacation - Vacation hours accrue on a per pay period basis. Balance maximums are based on years of service.
  • Paid Sick Time - 40 hours of paid sick time after 90 days of employment. State sick time requirements will be added as needed.
  • 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
  • Multiple PPO Medical Plans, as well as HDHP eligible plan.
  • Dental Coverage
  • Vision Coverage
  • Company Paid Life Insurance
  • 401K with a generous employer match
  • Additional Benefits including - Optional Life, FSA, Pet Insurance etc.
  • Free Legal Services
  • Employee Loan Program
  • 100% Remote

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