Related Job Titles to Reverse Mortgage Loan Officer

Mortgage Loan Officer
$44,470
Mc Kenzie, TN
Per Year
Reverse Mortgage Specialist
$44,437
Mc Kenzie, TN
Per Year
Reverse Mortgage Consultant
$36,481
Mc Kenzie, TN
Per Year
Mortgage Loan Officer II
$58,577
Mc Kenzie, TN
Per Year

Similar Job Salaries to Reverse Mortgage Loan Officer by Company

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Company average base salary in (usd) range
Summit Funding
Mortgage Loan Officer
$78,847/yr
$64,021
$93,674
RANGE: $64,021 - $93,674
Pennymac
Mortgage Loan Officer
$80,739/yr
$65,557
$95,921
RANGE: $65,557 - $95,921
Mutual of Omaha Mortgage
Retail Mortgage Loan Officer
$75,068/yr
$62,492
$87,644
RANGE: $62,492 - $87,644
NVR Inc
Mortgage Loan Officer
$63,906/yr
$50,634
$77,178
RANGE: $50,634 - $77,178
Simple Mortgage Solutions, LLC
Mortgage Loan Officer Partner
$78,847/yr
$64,021
$93,674
RANGE: $64,021 - $93,674
Mortgage Loan Officer
Mortgage Loan Officer
$63,974/yr
$50,688
$77,260
RANGE: $50,688 - $77,260
Castle & Cooke Mortgage
Mortgage Loan Officer Retail
$176,106/yr
$140,790
$211,423
RANGE: $140,790 - $211,423

Open Reverse Mortgage Loan Officer Jobs in Mc Kenzie, TN

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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

Frequently Asked Questions About a Reverse Mortgage Loan Officer Salaries

What is the average of a Reverse Mortgage Loan Officer in Mc Kenzie, TN?

The Reverse Mortgage Loan Officer salary range is from $36,427 to $50,419, and the average Reverse Mortgage Loan Officer salary is $43,423/year in Mc Kenzie, TN. 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 $60,958 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.