How Much Does a Reverse Mortgage Loan Officer Make in Erie, PA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Reverse Mortgage Loan Officer in Erie, PA is $45,182. While Salary.com is seeing that Reverse Mortgage Loan Officer salary in Erie, PA can go up to $58,576 or down to $31,966, but most earn between $38,265 and $52,193. 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
Mortgage Loan Officer
$46,226
Erie, PA
Per Year
Reverse Mortgage Specialist
$46,652
Erie, PA
Per Year
Reverse Mortgage Consultant
$38,113
Erie, PA
Per Year
Mortgage Loan Officer II
$57,883
Erie, PA
Per Year
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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
OneTrust Home Loans
Reverse Mortgage Loan Officer
$72,881/yr
$65,171
$80,591
RANGE: $65,171 - $80,591
The Money House, Inc.
Reverse Mortgage Loan Officer
$69,635/yr
$62,269
$77,002
RANGE: $62,269 - $77,002
Opulence Home Equity
Reverse Mortgage Loan Officer
$84,345/yr
$75,422
$93,267
RANGE: $75,422 - $93,267
US Mortgage Corporation
Mortgage Loan Originator (Loan Officer)
$79,969/yr
$71,862
$88,075
RANGE: $71,862 - $88,075
The Hussey Team - Mortgage Advisors
Mortgage Loan Officer
$80,153/yr
$72,027
$88,278
RANGE: $72,027 - $88,278
Keybank National Association
Mortgage Loan Officer
$76,671/yr
$68,899
$84,444
RANGE: $68,899 - $84,444
PNC Financial Services Group
Mortgage Loan Officer
$69,340/yr
$62,311
$76,369
RANGE: $62,311 - $76,369
Patriot Federal Credit Union
Mortgage Loan Officer
$74,171/yr
$66,652
$81,690
RANGE: $66,652 - $81,690
PNC Investments
Mortgage Loan Officer
$69,838/yr
$62,759
$76,918
RANGE: $62,759 - $76,918

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What Does a Reverse Mortgage Loan Officer Do?

Under FHA rules, cooperative housing owners cannot obtain reverse mortgages since they do not technically own the real estate in which they live but rather own shares of a corporation.
Updated November 13, 2021
With a product as potentially lucrative as a reverse mortgage and a vulnerable population of borrowers who may either have cognitive impairments or be desperately seeking financial salvation, scams abound.
Updated November 05, 2021
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

Frequently Asked Questions About a Reverse Mortgage Loan Officer Salaries

What is the average of a Reverse Mortgage Loan Officer in Erie, PA?

The Reverse Mortgage Loan Officer salary range is from $38,265 to $52,193, and the average Reverse Mortgage Loan Officer salary is $45,182/year in Erie, PA. 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 $62,577 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.