Related Job Titles to Reverse Mortgage Specialist

Reverse Mortgage Consultant
$36,154
Gurdon, AR
Per Year
Reverse Mortgage Loan Officer
$43,035
Gurdon, AR
Per Year
Reverse Logistics Specialist
$33,799
Gurdon, AR
Per Year
Mortgage Specialist
$44,837
Gurdon, AR
Per Year

Similar Job Salaries to Reverse Mortgage Specialist by Company

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Company average base salary in (usd) range
Arvest Bank
Mortgage Servicing Escrow Insurance Specialist
$63,499/yr
$52,393
$74,604
RANGE: $52,393 - $74,604
Arvest Bank
Mortgage Servicing Records Management Specialist
$58,039/yr
$47,561
$68,516
RANGE: $47,561 - $68,516
Sam's Club
Director, Supply Chain Management - Reverse Supply Chain (Sam's Club)
$166,526/yr
$140,847
$192,205
RANGE: $140,847 - $192,205
Arvest Bank
Mortgage Controller
$265,186/yr
$203,901
$326,471
RANGE: $203,901 - $326,471
UNITED FEDERAL CREDIT UNION
Mortgage Advisor
$61,869/yr
$49,020
$74,717
RANGE: $49,020 - $74,717
Arvest Bank
Mortgage Lender
$103,696/yr
$80,657
$126,736
RANGE: $80,657 - $126,736
FIRSTAR BANK
Mortgage Processor
$150,034/yr
$116,202
$183,867
RANGE: $116,202 - $183,867
GIS
Mortgage Occupancy Field Inspector
$52,328/yr
$43,247
$61,409
RANGE: $43,247 - $61,409

Open Reverse Mortgage Specialist Jobs in Gurdon, AR

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What Does a Reverse Mortgage Specialist Do?

After a reverse mortgage application is begun, lenders have a formal appraisal done for a property to get a more accurate picture of its value.
Updated December 11, 2021
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

Frequently Asked Questions About a Reverse Mortgage Specialist Salaries

What is the average of a Reverse Mortgage Specialist in Gurdon, AR?

The Reverse Mortgage Specialist salary range is from $38,646 to $49,842, and the average Reverse Mortgage Specialist salary is $44,039/year in Gurdon, AR. 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 $62,380 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.