Reverse Mortgage Loan Officer Salaries in Indiana
How Much Does a Reverse Mortgage Loan Officer Make in Indiana?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Reverse Mortgage Loan Officer in Indiana is $48,115.
While Salary.com is seeing that Reverse Mortgage Loan Officer salary in IN can go up to $62,381
or down to $34,037, but most earn between $40,746 and $55,583.
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 |
|---|---|---|
|
Opulence Home Equity
Reverse Mortgage Loan Officer
|
$80,664/yr
|
RANGE: $72,176 - $89,153
|
|
Paramount Residential Mortgage Group
Reverse Mortgage Loan Officer
|
$72,217/yr
|
RANGE: $64,578 - $79,857
|
|
OneTrust Home Loans, NMLS 46375
Reverse Mortgage Loan Officer
|
$73,988/yr
|
RANGE: $66,161 - $81,815
|
|
Caliver Beach Mortgage
Reverse Mortgage Loan Officer
|
$75,758/yr
|
RANGE: $67,744 - $83,772
|
|
CFBank
CRA Mortgage Loan Officer
|
$74,616/yr
|
RANGE: $67,052 - $82,180
|
|
centier
Mortgage Loan Officer
|
$48,830/yr
|
RANGE: $44,057 - $53,603
|
|
Crossroads Bank
Mortgage Loan Officer
|
$71,012/yr
|
RANGE: $63,813 - $78,210
|
|
NVR Inc
Mortgage Loan Officer
|
$74,616/yr
|
RANGE: $67,052 - $82,180
|
Top 10 Highest Paying Cities For Reverse Mortgage Loan Officer Jobs in Indiana
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 Indiana.
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 Indiana.
Hammond takes first place in this list, followed by Gary, Indianapolis.
The Reverse Mortgage Loan Officer salary is $49,554 in Hammond,
which is lower than the national average. There is 0 city's Reverse Mortgage Loan Officer salary higher than national average in Indiana.
The average salary for a Reverse Mortgage Loan Officer in Indiana is $48,115,
but we found that the city with the highest salary for Reverse Mortgage Loan Officer jobs is Hammond, IN, and it is higher than Gary.
Reverse Mortgage Loan Officer jobs in Hammond can have the opportunity to earn higher salaries than in other cities in Indiana.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Hammond | $49,554 | $4,129 | $953 | $24 |
| Gary | $49,554 | $4,129 | $953 | $24 |
| Indianapolis | $48,264 | $4,022 | $928 | $23 |
| Greenwood | $48,264 | $4,022 | $928 | $23 |
| Carmel | $48,215 | $4,018 | $927 | $23 |
| Lafayette | $47,967 | $3,997 | $922 | $23 |
| Elkhart | $47,520 | $3,960 | $914 | $23 |
| Evansville | $47,024 | $3,919 | $904 | $23 |
| South Bend | $46,578 | $3,881 | $896 | $22 |
| Mishawaka | $46,578 | $3,881 | $896 | $22 |
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 Indiana?
The Reverse Mortgage Loan Officer salary range is from $40,746 to $55,583, and the average Reverse Mortgage Loan Officer salary is $48,115/year in Indiana.
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.
