Reverse Mortgage Specialist Salaries in Washington, DC
How Much Does a Reverse Mortgage Specialist Make in Washington, DC?
Updated March 26, 2024
Filter
SELECT STATE
Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
SELECT STATE
Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Individually reported data submitted by users of our website
Low Confidence
$55,177/yr
Average Base Pay
Low $48,416
Average $55,177
High $62,444
The average salary for Reverse Mortgage Specialist is $55,177 per year in Washington, DC.
Related Job Titles to Reverse Mortgage Specialist
Similar Job Salaries to Reverse Mortgage Specialist by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Truist Bank
Retail Community Mortgage Specialist - Greater Baltimore
|
$90,497/yr
|
RANGE: $77,056 - $103,937
|
|
Integration Innovation, Inc.
Software Reverse Engineer
|
$114,213/yr
|
RANGE: $102,688 - $125,739
|
|
Core One
Reverse Engineer/Vulnerability Researcher
|
$153,334/yr
|
RANGE: $135,263 - $171,405
|
|
The Federal Savings Bank
Mortgage Banker
|
$88,556/yr
|
RANGE: $73,717 - $103,395
|
|
stanleyreid
Reverse Engineer-hybrid/equity/product firm
|
$108,632/yr
|
RANGE: $93,379 - $123,884
|
|
U.S. Bank National Association
Mortgage Loan Originator
|
$81,974/yr
|
RANGE: $66,726 - $97,223
|
|
Mortgage Calculator Company LLC
Mortgage Loan Originator
|
$105,745/yr
|
RANGE: $87,905 - $123,585
|
|
US Government National Mortgage Association...
Mortgage Banking Analyst
|
$166,480/yr
|
RANGE: $143,755 - $189,205
|
|
Prosperity Home Mortgage, LLC
Community Lending Mortgage Consultant
|
$317,958/yr
|
RANGE: $256,956 - $378,960
|
|
USA Mortgage
Mortgage Loan Originator
|
$95,449/yr
|
RANGE: $77,499 - $113,400
|
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
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 Washington, DC?
The Reverse Mortgage Specialist salary range is from $48,416 to $62,444, and the average Reverse Mortgage Specialist salary is $55,177/year in Washington, DC.
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.
