Reverse Mortgage Specialist Salaries in Roanoke, VA
How Much Does a Reverse Mortgage Specialist Make in Roanoke, VA?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Reverse Mortgage Specialist in Roanoke, VA is $47,154.
While Salary.com is seeing that Reverse Mortgage Specialist salary in Roanoke, VA can go up to $58,644
or down to $36,831, but most earn between $41,750 and $53,168.
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
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Reverse Mortgage Specialist by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Arizona Financial Credit Union
Reverse Mortgage Specialist
|
$72,875/yr
|
RANGE: $65,277 - $80,473
|
|
Guidance Residential
Mortgage Servicing Specialist
|
$61,591/yr
|
RANGE: $55,148 - $68,033
|
|
OneTrust Home Loans
Reverse Mortgage Loan Officer
|
$72,881/yr
|
RANGE: $65,171 - $80,591
|
|
The Money House, Inc.
Reverse Mortgage Loan Officer
|
$69,635/yr
|
RANGE: $62,269 - $77,002
|
|
Finance of America
Reverse Mortgage Professional
|
$89,116/yr
|
RANGE: $80,192 - $98,040
|
|
Opulence Home Equity
Reverse Mortgage Loan Officer
|
$84,345/yr
|
RANGE: $75,422 - $93,267
|
|
Mutual of Omaha Mortgage
Mortgage Loan Processor - Reverse
|
$58,709/yr
|
RANGE: $52,798 - $64,620
|
What Does a Reverse Mortgage Specialist Do?
Other types of reverse mortgages exist for low-income homeowners and owners of high-value homes, and though these are not regulated or insured by the FHA, their terms and conditions mirror those of HECMs.
Updated December 07, 2021
Outstanding debts and credit history figure into reverse mortgage lenders’ decisions on whether to offer funding and how much they can offer.
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
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Reverse Mortgage Specialist Salaries
What is the average of a Reverse Mortgage Specialist in Roanoke, VA?
The Reverse Mortgage Specialist salary range is from $41,750 to $53,168, and the average Reverse Mortgage Specialist salary is $47,154/year in Roanoke, VA.
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.
