Reverse Mortgage Specialist Salaries in Rhode Island
How Much Does a Reverse Mortgage Specialist Make in Rhode Island?
Updated April 24, 2024
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- Adamsville, RI
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- Chepachet, RI
- Clayville, RI
- Coventry, RI
- Cranston, RI
- Cumberland, RI
- East Greenwich, RI
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- Exeter, RI
- Fiskeville, RI
- Forestdale, RI
- Foster, RI
- Glendale, RI
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- Hopkinton, RI
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- North Scituate, RI
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- Oakland, RI
- Pascoag, RI
- Pawtucket, RI
- Peace Dale, RI
- Portsmouth, RI
- Providence, RI
- Prudence Island, RI
- Riverside, RI
- Rockville, RI
- Rumford, RI
- Saunderstown, RI
- Shannock, RI
- Slatersville, RI
- Slocum, RI
- Smithfield, RI
- Tiverton, RI
- Wakefield, RI
- Warren, RI
- Warwick, RI
- West Greenwich, RI
- West Kingston, RI
- West Warwick, RI
- Westerly, RI
- Wood River Junction, RI
- Woonsocket, RI
- Wyoming, RI
SELECT CITY
Select City
- Adamsville, RI
- Albion, RI
- Ashaway, RI
- Barrington, RI
- Block Island, RI
- Bradford, RI
- Bristol, RI
- Carolina, RI
- Central Falls, RI
- Charlestown, RI
- Chepachet, RI
- Clayville, RI
- Coventry, RI
- Cranston, RI
- Cumberland, RI
- East Greenwich, RI
- East Providence, RI
- Exeter, RI
- Fiskeville, RI
- Forestdale, RI
- Foster, RI
- Glendale, RI
- Greene, RI
- Greenville, RI
- Harmony, RI
- Harrisville, RI
- Hope, RI
- Hope Valley, RI
- Hopkinton, RI
- Jamestown, RI
- Johnston, RI
- Kenyon, RI
- Kingston, RI
- Lincoln, RI
- Little Compton, RI
- Manville, RI
- Mapleville, RI
- Middletown, RI
- Narragansett, RI
- Newport, RI
- North Kingstown, RI
- North Providence, RI
- North Scituate, RI
- North Smithfield, RI
- Oakland, RI
- Pascoag, RI
- Pawtucket, RI
- Peace Dale, RI
- Portsmouth, RI
- Providence, RI
- Prudence Island, RI
- Riverside, RI
- Rockville, RI
- Rumford, RI
- Saunderstown, RI
- Shannock, RI
- Slatersville, RI
- Slocum, RI
- Smithfield, RI
- Tiverton, RI
- Wakefield, RI
- Warren, RI
- Warwick, RI
- West Greenwich, RI
- West Kingston, RI
- West Warwick, RI
- Westerly, RI
- Wood River Junction, RI
- Woonsocket, RI
- Wyoming, RI
Individually reported data submitted by users of our website
Low Confidence
$51,892/yr
Average Base Pay
Low $45,537
Average $51,892
High $58,731
The average salary for Reverse Mortgage Specialist is $51,892 per year in Rhode Island.
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
|
$71,022/yr
|
RANGE: $59,723 - $82,321
|
|
Semper Home Loans
Residential Mortgage Closer Specialist (FT)
|
$64,178/yr
|
RANGE: $52,699 - $75,657
|
|
Semper Home Loans
Mortgage Recruiter
|
$92,835/yr
|
RANGE: $79,048 - $106,621
|
|
GIS Field Services
Mortgage Occupancy Field Inspector
|
$73,333/yr
|
RANGE: $60,411 - $86,255
|
|
Province Mortgage Associates, Inc.
Mortgage Post Closer
|
$48,770/yr
|
RANGE: $41,686 - $55,854
|
|
Citizens
Mortgage Loan Officer
|
$89,946/yr
|
RANGE: $75,702 - $104,191
|
|
Semper Home Loans
Director of Mortgage Marketing
|
$139,954/yr
|
RANGE: $119,152 - $160,756
|
|
Mutual of Omaha Mortgage
Retail Mortgage Loan Officer
|
$55,074/yr
|
RANGE: $48,759 - $61,388
|
|
Army National Guard
Specialist
|
$56,990/yr
|
RANGE: $50,660 - $63,320
|
|
Adore Me Retail Inc
Specialist
|
$123,992/yr
|
RANGE: $100,717 - $147,267
|
Top 10 Highest Paying Cities For Reverse Mortgage Specialist Jobs in Rhode Island
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 Rhode Island.
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 Rhode Island.
Westerly takes first place in this list, followed by Tiverton, Newport.
The Reverse Mortgage Specialist salary is $52,886 in Westerly,
which is higher than the national average. There are 12 cities' Reverse Mortgage Specialist salary higher than national average in Rhode Island.
The average salary for a Reverse Mortgage Specialist in Rhode Island is $51,892,
but we found that the city with the highest salary for Reverse Mortgage Specialist jobs is Westerly, RI, and it is higher than Tiverton.
Reverse Mortgage Specialist jobs in Westerly can have the opportunity to earn higher salaries than in other cities in Rhode Island.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Westerly | $52,886 | $4,407 | $1,017 | $25 |
| Tiverton | $52,588 | $4,382 | $1,011 | $25 |
| Newport | $52,489 | $4,374 | $1,009 | $25 |
| Narragansett | $52,439 | $4,370 | $1,008 | $25 |
| Providence | $52,141 | $4,345 | $1,003 | $25 |
| Warwick | $52,141 | $4,345 | $1,003 | $25 |
| Cranston | $52,141 | $4,345 | $1,003 | $25 |
| Pawtucket | $52,141 | $4,345 | $1,003 | $25 |
| East Providence | $52,141 | $4,345 | $1,003 | $25 |
| Cumberland | $52,141 | $4,345 | $1,003 | $25 |
What Does a Reverse Mortgage Specialist Do?
All HECM borrowers are limited to receiving only up to 60 percent of their total loan amount within the first year of their reverse mortgage contract.
Updated December 07, 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
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Explore JobArchitectFrequently Asked Questions About a Reverse Mortgage Specialist Salaries
What is the average of a Reverse Mortgage Specialist in Rhode Island?
The Reverse Mortgage Specialist salary range is from $45,537 to $58,731, and the average Reverse Mortgage Specialist salary is $51,892/year in Rhode Island.
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.
