How Much Does a Reverse Mortgage Specialist Make in Miami, FL?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Reverse Mortgage Specialist in Miami, FL is $49,219. While Salary.com is seeing that Reverse Mortgage Specialist salary in Miami, FL can go up to $61,211 or down to $38,443, but most earn between $43,578 and $55,496. 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 Specialist
Reverse Mortgage Consultant
$40,210
Miami, FL
Per Year
Reverse Mortgage Loan Officer
$47,668
Miami, FL
Per Year
Reverse Logistics Specialist
$35,321
Miami, FL
Per Year
Mortgage Specialist
$51,562
Miami, FL
Per Year
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Similar Job Salaries to Reverse Mortgage Specialist by Company

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Company average base salary in (usd) range
The Money House, Inc.
Reverse Mortgage Loan Officer
$69,635/yr
$62,269
$77,002
RANGE: $62,269 - $77,002
Mutual of Omaha Mortgage
Reverse Mortgage Loan Processor
$56,437/yr
$50,755
$62,120
RANGE: $50,755 - $62,120
Mutual of Omaha Mortgage
Reverse Mortgage Originator Development Program
$62,487/yr
$56,250
$68,724
RANGE: $56,250 - $68,724
Arizona Financial Credit Union
Reverse Mortgage Specialist
$72,875/yr
$65,277
$80,473
RANGE: $65,277 - $80,473
Traditional Mortgage Acceptance Corporation (TMAC)
Reverse Mortgage Production Support Specialist
$87,780/yr
$77,509
$98,052
RANGE: $77,509 - $98,052
OneTrust Home Loans
Reverse Mortgage Loan Officer
$72,881/yr
$65,171
$80,591
RANGE: $65,171 - $80,591
Opulence Home Equity
Reverse Mortgage Loan Officer
$80,730/yr
$72,190
$89,270
RANGE: $72,190 - $89,270

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What Does a Reverse Mortgage Specialist Do?

Longbridge Financial is an FHA-licensed lender of traditional HECM reverse mortgages, including adjustable and fixed rate HECMs as well as HECMs to help with new home purchases.
Updated December 12, 2021
Fair market value is one of the main criteria on which lenders will base their reverse mortgage loan estimates for your friend or parent, so this is vital information to have during the comparison shopping process.
Updated December 01, 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

Frequently Asked Questions About a Reverse Mortgage Specialist Salaries

What is the average of a Reverse Mortgage Specialist in Miami, FL?

The Reverse Mortgage Specialist salary range is from $43,578 to $55,496, and the average Reverse Mortgage Specialist salary is $49,219/year in Miami, FL. 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 $64,612 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.