Reverse Mortgage Loan Officer Salaries in Delaware
How Much Does a Reverse Mortgage Loan Officer Make in Delaware?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Reverse Mortgage Loan Officer in Delaware is $50,348.
While Salary.com is seeing that Reverse Mortgage Loan Officer salary in DE can go up to $65,275
or down to $35,616, but most earn between $42,636 and $58,161.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Reverse Mortgage Loan Officer
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Similar Job Salaries to Reverse Mortgage Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Citizens
Mortgage Loan Officer
|
$80,521/yr
|
RANGE: $72,358 - $88,683
|
|
OneTrust Home Loans, NMLS 46375
Reverse Mortgage Loan Officer
|
$73,988/yr
|
RANGE: $66,161 - $81,815
|
|
Opulence Home Equity
Reverse Mortgage Loan Officer
|
$84,979/yr
|
RANGE: $75,989 - $93,969
|
|
Paramount Residential Mortgage Group
Reverse Mortgage Loan Officer
|
$72,217/yr
|
RANGE: $64,578 - $79,857
|
|
Caliver Beach Mortgage
Reverse Mortgage Loan Officer
|
$75,758/yr
|
RANGE: $67,744 - $83,772
|
|
Mutual of Omaha Mortgage
Reverse Mortgage Inside Sales Loan Officer
|
$102,189/yr
|
RANGE: $89,981 - $114,396
|
Top 10 Highest Paying Cities For Reverse Mortgage Loan Officer Jobs in Delaware
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Reverse Mortgage Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Reverse Mortgage Loan Officer job salaries in Delaware.
Some cities can pay higher salaries for Reverse Mortgage Loan Officer jobs, which can indicate that there is a large demand for Reverse Mortgage Loan Officer positions in this city.
The following table shows top 10 cities where the Reverse Mortgage Loan Officer salary is higher than other cities in Delaware.
Rehoboth Beach takes first place in this list, followed by Harrington, Lewes.
The Reverse Mortgage Loan Officer salary is $52,679 in Rehoboth Beach,
which is higher than the national average. There are 13 cities' Reverse Mortgage Loan Officer salary higher than national average in Delaware.
The average salary for a Reverse Mortgage Loan Officer in Delaware is $50,348,
but we found that the city with the highest salary for Reverse Mortgage Loan Officer jobs is Rehoboth Beach, DE, and it is higher than Harrington.
Reverse Mortgage Loan Officer jobs in Rehoboth Beach can have the opportunity to earn higher salaries than in other cities in Delaware.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Rehoboth Beach | $52,679 | $4,390 | $1,013 | $25 |
| Harrington | $52,481 | $4,373 | $1,009 | $25 |
| Lewes | $52,481 | $4,373 | $1,009 | $25 |
| Milford | $52,481 | $4,373 | $1,009 | $25 |
| Dover | $52,084 | $4,340 | $1,002 | $25 |
| Smyrna | $51,885 | $4,324 | $998 | $25 |
| Middletown | $51,786 | $4,316 | $996 | $25 |
| Wilmington | $51,737 | $4,311 | $995 | $25 |
| New Castle | $51,737 | $4,311 | $995 | $25 |
| Newark | $51,687 | $4,307 | $994 | $25 |
What Does a Reverse Mortgage Loan Officer Do?
Even when a reverse mortgage is issued by the most reputable of lenders, it’s still a complicated product.
Updated December 22, 2021
While reverse mortgages don’t have income or credit score requirements, they still have rules about who qualifies.
Updated December 21, 2021
If the reverse mortgage comes due as a result of residing outside of the home, even involuntarily because of medical needs, you may not have the funds to pay off the reverse mortgage and may lose your home.
Updated December 12, 2021
In any case, you will typically need at least 50% equity—based on your home’s current value, not what you paid for it—to qualify for a reverse mortgage.
Updated December 06, 2021
That way, no unscrupulous lender or predatory scammer can prey on them, they’ll be able to make a sound decision even if they get a poor-quality reverse mortgage counselor, and the loan won’t come with any unpleasant surprises.
Updated December 05, 2021
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Explore JobArchitectFrequently Asked Questions About a Reverse Mortgage Loan Officer Salaries
What is the average of a Reverse Mortgage Loan Officer in Delaware?
The Reverse Mortgage Loan Officer salary range is from $42,636 to $58,161, and the average Reverse Mortgage Loan Officer salary is $50,348/year in Delaware.
The Reverse Mortgage Loan Officer's salary will change in different locations.
Which location pays the highest Reverse Mortgage Loan Officer salary in the United States?
The Reverse Mortgage Loan Officer salary in San Jose, CA is $62,253
which is the highest in the US.
What kinds of reasons will influence the Reverse Mortgage Loan Officer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Reverse Mortgage Loan Officer.
What is the growth rate of the Reverse Mortgage Loan Officer's salary?
If you are thinking of becoming a Reverse Mortgage Loan Officer or planning the next step in your career, find the detailed salary report of a Reverse Mortgage Loan Officer.
