Reverse Mortgage Specialist Salaries in Delaware
How Much Does a Reverse Mortgage Specialist Make in Delaware?
Updated March 26, 2024
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- Bear, DE
- Bethany Beach, DE
- Bethel, DE
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- Cheswold, DE
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- Clayton, DE
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- Delaware City, DE
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- Dover, DE
- Dover Afb, DE
- Ellendale, DE
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- Frankford, DE
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- Georgetown, DE
- Greenwood, DE
- Harbeson, DE
- Harrington, DE
- Hartly, DE
- Hockessin, DE
- Houston, DE
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- Laurel, DE
- Lewes, DE
- Lincoln, DE
- Little Creek, DE
- Magnolia, DE
- Marydel, DE
- Middletown, DE
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- Millsboro, DE
- Millville, DE
- Milton, DE
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- Nassau, DE
- New Castle, DE
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- Ocean View, DE
- Odessa, DE
- Port Penn, DE
- Rehoboth Beach, DE
- Rockland, DE
- Saint Georges, DE
- Seaford, DE
- Selbyville, DE
- Smyrna, DE
- Townsend, DE
- Viola, DE
- Wilmington, DE
- Winterthur, DE
- Woodside, DE
- Yorklyn, DE
SELECT CITY
Select City
- Bear, DE
- Bethany Beach, DE
- Bethel, DE
- Bridgeville, DE
- Camden Wyoming, DE
- Cheswold, DE
- Claymont, DE
- Clayton, DE
- Dagsboro, DE
- Delaware City, DE
- Delmar, DE
- Dover, DE
- Dover Afb, DE
- Ellendale, DE
- Felton, DE
- Fenwick Island, DE
- Frankford, DE
- Frederica, DE
- Georgetown, DE
- Greenwood, DE
- Harbeson, DE
- Harrington, DE
- Hartly, DE
- Hockessin, DE
- Houston, DE
- Kenton, DE
- Kirkwood, DE
- Laurel, DE
- Lewes, DE
- Lincoln, DE
- Little Creek, DE
- Magnolia, DE
- Marydel, DE
- Middletown, DE
- Milford, DE
- Millsboro, DE
- Millville, DE
- Milton, DE
- Montchanin, DE
- Nassau, DE
- New Castle, DE
- Newark, DE
- Ocean View, DE
- Odessa, DE
- Port Penn, DE
- Rehoboth Beach, DE
- Rockland, DE
- Saint Georges, DE
- Seaford, DE
- Selbyville, DE
- Smyrna, DE
- Townsend, DE
- Viola, DE
- Wilmington, DE
- Winterthur, DE
- Woodside, DE
- Yorklyn, DE
Individually reported data submitted by users of our website
Low Confidence
$50,318/yr
Average Base Pay
Low $44,153
Average $50,318
High $56,946
The average salary for Reverse Mortgage Specialist is $50,318 per year in Delaware.
Related Job Titles to Reverse Mortgage Specialist
Similar Job Salaries to Reverse Mortgage Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Mutual of Omaha Mortgage
Reverse Mortgage Originator Development Program
|
$81,515/yr
|
RANGE: $67,227 - $95,803
|
|
Summit Financial Group, Inc.
Mortgage Loan Specialist, Lewes DE
|
$99,852/yr
|
RANGE: $80,155 - $119,548
|
|
Summit Community Bank
Mortgage Loan Specialist Lewes DE
|
$170,754/yr
|
RANGE: $143,066 - $198,443
|
|
Dedrone
Reverse Engineer
|
$95,834/yr
|
RANGE: $86,590 - $105,079
|
|
The Pat Brunner Team
Mortgage Loan Officer Assistant
|
$69,344/yr
|
RANGE: $54,218 - $84,470
|
|
Fulton Financial Corporation
Mortgage loan officer
|
$70,262/yr
|
RANGE: $60,489 - $80,035
|
|
NVR Inc
Mortgage Loan Assistant
|
$82,986/yr
|
RANGE: $69,081 - $96,892
|
|
County Bank
Mortgage Loan Officer
|
$90,733/yr
|
RANGE: $73,669 - $107,796
|
|
GIS Field Services
Mortgage Occupancy Field Inspector
|
$77,038/yr
|
RANGE: $65,450 - $88,625
|
|
Coldwell Banker Premier
Mortgage Loan Officer
|
$140,496/yr
|
RANGE: $115,469 - $165,523
|
Top 10 Highest Paying Cities For Reverse Mortgage Specialist 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 Specialist 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 Specialist job salaries in Delaware.
Some cities can pay higher salaries for Reverse Mortgage Specialist jobs, which can indicate that there is a large demand for Reverse Mortgage Specialist positions in this city.
The following table shows top 10 cities where the Reverse Mortgage Specialist salary is higher than other cities in Delaware.
Rehoboth Beach takes first place in this list, followed by Harrington, Lewes.
The Reverse Mortgage Specialist salary is $52,648 in Rehoboth Beach,
which is higher than the national average. There are 13 cities' Reverse Mortgage Specialist salary higher than national average in Delaware.
The average salary for a Reverse Mortgage Specialist in Delaware is $50,318,
but we found that the city with the highest salary for Reverse Mortgage Specialist jobs is Rehoboth Beach, DE, and it is higher than Harrington.
Reverse Mortgage Specialist 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 | $52,648 | $4,387 | $1,012 | $25 |
| Harrington | $52,450 | $4,371 | $1,009 | $25 |
| Lewes | $52,450 | $4,371 | $1,009 | $25 |
| Milford | $52,450 | $4,371 | $1,009 | $25 |
| Dover | $52,053 | $4,338 | $1,001 | $25 |
| Smyrna | $51,855 | $4,321 | $997 | $25 |
| Middletown | $51,756 | $4,313 | $995 | $25 |
| Wilmington | $51,706 | $4,309 | $994 | $25 |
| New Castle | $51,706 | $4,309 | $994 | $25 |
| Newark | $51,657 | $4,305 | $993 | $25 |
What Does a Reverse Mortgage Specialist Do?
Reverse mortgages can function as tools for debt consolidation, mortgage repayment, home repair funding or whatever the borrower desires, and while they can come with significant costs and fees, reverse mortgages can help borrowers maintain more liquidity of their assets.
Updated December 21, 2021
A reverse mortgage comes with a significant risk of foreclosure if you are unable to keep up with the property taxes associated with your home, so reverse mortgages should be entered into only with careful consideration.
Updated December 21, 2021
However, in some cases, that fee can be rolled into the reverse mortgage loan to be repaid at the end of the loan’s term.
Updated December 21, 2021
Some lenders provide these loans with “simple” rather than the traditional “compound” interest rate structures, which means that some single-purpose reverse mortgage borrowers are not required to pay interest on their interest.
Updated December 20, 2021
Though traditional HECM reverse mortgages are heavily regulated by the FHA, there are still plenty of enterprising individuals who find ways to take advantage of, or outright rob the elderly using false promises regarding products like reverse mortgages.
Updated December 18, 2021
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Explore JobArchitectFrequently Asked Questions About a Reverse Mortgage Specialist Salaries
What is the average of a Reverse Mortgage Specialist in Delaware?
The Reverse Mortgage Specialist salary range is from $44,153 to $56,946, and the average Reverse Mortgage Specialist salary is $50,318/year in Delaware.
The Reverse Mortgage Specialist's salary will change in different locations.
Which location pays the highest Reverse Mortgage Specialist salary in the United States?
The Reverse Mortgage Specialist salary in San Jose, CA is $62,216
which is the highest in the US.
What kinds of reasons will influence the Reverse Mortgage Specialist'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 Specialist.
What is the growth rate of the Reverse Mortgage Specialist's salary?
If you are thinking of becoming a Reverse Mortgage Specialist or planning the next step in your career, find the detailed salary report of a Reverse Mortgage Specialist.
