How Much Does a Reverse Mortgage Specialist Make in Oklahoma?

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

Low Confidence
$45,857/yr
Average Base Pay
Low $40,238
Average $45,857
High $51,897
The average salary for Reverse Mortgage Specialist is $45,857 per year in Oklahoma.

Related Job Titles to Reverse Mortgage Specialist

Reverse Mortgage Consultant
$37,649
Oklahoma
Per Year
Reverse Mortgage Loan Officer
$44,815
Oklahoma
Per Year
Reverse Logistics Specialist
$35,216
Oklahoma
Per Year
Mortgage Specialist
$46,697
Oklahoma
Per Year

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
$84,062/yr
$68,771
$99,353
RANGE: $68,771 - $99,353
Mutual of Omaha Mortgage
Reverse Mortgage Inside Sales Loan Officer
$57,906/yr
$47,431
$68,380
RANGE: $47,431 - $68,380
Truity Credit Union
Mortgage Specialist - Tulsa
$53,885/yr
$47,724
$60,047
RANGE: $47,724 - $60,047
Gateway First Bank
Mortgage Loss Draft Specialist (On-site)
$53,011/yr
$45,645
$60,376
RANGE: $45,645 - $60,376
LIV Mortgage
Mortgage Advisor
$138,546/yr
$108,453
$168,639
RANGE: $108,453 - $168,639
Arvest Bank
Mortgage Lender
$122,645/yr
$104,557
$140,732
RANGE: $104,557 - $140,732
Homestead & Co
Mortgage Banker
$72,404/yr
$60,272
$84,537
RANGE: $60,272 - $84,537

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

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 Oklahoma. 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 Oklahoma. Tulsa takes first place in this list, followed by Broken Arrow, Bartlesville. The Reverse Mortgage Specialist salary is $46,898 in Tulsa, which is lower than the national average. There is 0 city's Reverse Mortgage Specialist salary higher than national average in Oklahoma.
The average salary for a Reverse Mortgage Specialist in Oklahoma is $45,857, but we found that the city with the highest salary for Reverse Mortgage Specialist jobs is Tulsa, OK, and it is higher than Broken Arrow. Reverse Mortgage Specialist jobs in Tulsa can have the opportunity to earn higher salaries than in other cities in Oklahoma.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Tulsa $46,898 $3,908 $902 $23
Broken Arrow $46,749 $3,896 $899 $22
Bartlesville $46,451 $3,871 $893 $22
Muskogee $46,451 $3,871 $893 $22
Oklahoma City $45,262 $3,772 $870 $22
Edmond $45,113 $3,759 $868 $22
Norman $44,964 $3,747 $865 $22
Enid $44,815 $3,735 $862 $22
Stillwater $44,815 $3,735 $862 $22
Lawton $42,188 $3,516 $811 $20

What Does a Reverse Mortgage Specialist Do?

When you agree to the terms of a reverse mortgage loan, you are effectively agreeing to meet certain obligations as a borrower.
Updated December 02, 2021
Borrowers who begin a reverse mortgage loan with RMF stay with RMF, and it’s all part of its Customer for Life program.
Updated November 28, 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 Oklahoma?

The Reverse Mortgage Specialist salary range is from $40,238 to $51,897, and the average Reverse Mortgage Specialist salary is $45,857/year in Oklahoma. 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.