Reverse Mortgage Loan Officer Salaries in Mobile, AL
How Much Does a Reverse Mortgage Loan Officer Make in Mobile, AL?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Reverse Mortgage Loan Officer in Mobile, AL is $45,207.
While Salary.com is seeing that Reverse Mortgage Loan Officer salary in Mobile, AL can go up to $58,608
or down to $31,984, but most earn between $38,286 and $52,222.
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
|
$84,345/yr
|
RANGE: $75,422 - $93,267
|
|
OneTrust Home Loans
Reverse Mortgage Loan Officer
|
$73,634/yr
|
RANGE: $65,844 - $81,423
|
|
Valley Lending
Mortgage Loan Officer (200BPS)
|
$70,897/yr
|
RANGE: $63,710 - $78,084
|
|
Listerhill Credit Union
Mortgage Loan Officer
|
$72,630/yr
|
RANGE: $65,267 - $79,992
|
|
Satori Mortgage (NMLS: 4190)
Mortgage Loan Officer
|
$70,774/yr
|
RANGE: $63,599 - $77,949
|
What Does a Reverse Mortgage Loan Officer Do?
Only the lump sum reverse mortgage, which gives you all of the proceeds at once when your loan closes, has a fixed interest rate.
Updated December 04, 2021
Aside from the potential for scams targeting the elderly, reverse mortgages have some legitimate risks.
Updated November 23, 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
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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 Mobile, AL?
The Reverse Mortgage Loan Officer salary range is from $38,286 to $52,222, and the average Reverse Mortgage Loan Officer salary is $45,207/year in Mobile, AL.
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.
