How Much Does a Reverse Mortgage Specialist Make in Nebraska?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$46,699/yr
Average Base Pay
Low $40,978
Average $46,699
High $52,850
The average salary for Reverse Mortgage Specialist is $46,699 per year in Nebraska.

Related Job Titles to Reverse Mortgage Specialist

Reverse Mortgage Consultant
$38,341
Nebraska
Per Year
Reverse Mortgage Loan Officer
$45,638
Nebraska
Per Year
Reverse Logistics Specialist
$35,864
Nebraska
Per Year
Mortgage Specialist
$47,555
Nebraska
Per Year

Similar Job Salaries to Reverse Mortgage Specialist by Company

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Company average base salary in (usd) range
Spreetail
Reverse Logistics Team Member - $19/hr
$78,978/yr
$70,183
$87,773
RANGE: $70,183 - $87,773
Liberty First Credit Union
Mortgage Manager
$89,143/yr
$74,028
$104,258
RANGE: $74,028 - $104,258
Exchange Bank
Mortgage Closer
$53,283/yr
$46,157
$60,410
RANGE: $46,157 - $60,410
Prosperity Home Mortgage, LLC
Mortgage Consultant
$289,984/yr
$225,326
$354,642
RANGE: $225,326 - $354,642
Spreetail
Seasonal Reverse Logistics Team Member - $19/hr
$44,429/yr
$39,597
$49,261
RANGE: $39,597 - $49,261
Spreetail
Retail Reverse Logistics Team Member - $19/hr
$80,812/yr
$63,527
$98,097
RANGE: $63,527 - $98,097
Spreetail
Warehouse Reverse Logistics Team Member - $19/hr
$62,248/yr
$50,879
$73,618
RANGE: $50,879 - $73,618
First Nebraska Bank
Mortgage Loan Originator
$64,813/yr
$52,757
$76,870
RANGE: $52,757 - $76,870
Liberty First Credit Union
Mortgage Loan Originator
$80,013/yr
$64,965
$95,060
RANGE: $64,965 - $95,060

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Top 10 Highest Paying Cities For Reverse Mortgage Specialist Jobs in Nebraska

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 Nebraska. 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 Nebraska. Omaha takes first place in this list, followed by Bellevue, Lincoln. The Reverse Mortgage Specialist salary is $47,145 in Omaha, which is lower than the national average. There is 0 city's Reverse Mortgage Specialist salary higher than national average in Nebraska.
The average salary for a Reverse Mortgage Specialist in Nebraska is $46,699, but we found that the city with the highest salary for Reverse Mortgage Specialist jobs is Omaha, NE, and it is higher than Bellevue. Reverse Mortgage Specialist jobs in Omaha can have the opportunity to earn higher salaries than in other cities in Nebraska.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Omaha $47,145 $3,929 $907 $23
Bellevue $47,145 $3,929 $907 $23
Lincoln $46,253 $3,854 $889 $22
Fremont $46,253 $3,854 $889 $22
Grand Island $45,609 $3,801 $877 $22
Kearney $45,609 $3,801 $877 $22
Hastings $45,609 $3,801 $877 $22
North Platte $45,212 $3,768 $869 $22
Norfolk $43,626 $3,635 $839 $21

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

Frequently Asked Questions About a Reverse Mortgage Specialist Salaries

What is the average of a Reverse Mortgage Specialist in Nebraska?

The Reverse Mortgage Specialist salary range is from $40,978 to $52,850, and the average Reverse Mortgage Specialist salary is $46,699/year in Nebraska. 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.