Reverse Mortgage Originator Training Program
About the role
This is a great opportunity to launch your career into the reverse mortgage industry with our 12-month development program. Come join the winning team, with over 100 years of success and stability. We give you all the tools and training that you need to succeed in this rewarding career.
Responsibilities
- Proactively generate and manage leads through referral networks, marketing, and company-provided sources
- Educate prospective borrowers, their families, and advisors on the features, benefits, and responsibilities of reverse mortgages
- Conduct in-depth consultations to evaluate borrower needs and financial goals
- Collect and review borrower documentation to determine program eligibility
- Ensure compliance with HUD/FHA guidelines, federal and state regulations, and internal company policies
- Collaborate with processors, underwriters, and closing teams to ensure timely and accurate loan processing
- Maintain accurate records in the CRM and loan origination system
- Attend training sessions and stay current with changes in reverse mortgage regulations and industry best practices
Requirements
We encourage successful traditional mortgage loan originators to apply! Duties will include:
Qualifications
- Strong communication and interpersonal skills
- Ability to work independently and as part of a team
- Proficiency in Microsoft Office Suite
- Knowledge of reverse mortgage products and regulations
- Experience in mortgage lending or related field preferred
Skills
- Excellent customer service skills
- Strong analytical and problem-solving abilities
- Ability to manage multiple tasks and meet deadlines
- Effective written and verbal communication skills
Benefits
- Paid Sick Time — 40 hours of paid sick time after 90 days of employment. State sick time requirements will be added as needed.
- 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
- Multiple PPO Medical Plans, as well as HDHP eligible plan.
- Dental Coverage
- Vision Coverage
- Company Paid Life Insurance
- Additional Benefits including – Optional Life, FSA, Pet Insurance etc.
- 401K with a generous employer match
- Free Legal Services
- Employee Loan Program
Pay
Our leading-edge compensation package sees our Loan Officers on average, earning $150,000 annually with the potential for more.
Schedule
Hourly market-based non-recoverable draw of $11.54 - $18.69 plus commission for the first 12 months while we help you grow your business.
Benefits
- Paid Sick Time — 40 hours of paid sick time after 90 days of employment. State sick time requirements will be added as needed.
- 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
- Multiple PPO Medical Plans, as well as HDHP eligible plan.
- Dental Coverage
- Vision Coverage
- Company Paid Life Insurance
- Additional Benefits including – Optional Life, FSA, Pet Insurance etc.
- 401K with a generous employer match
- Free Legal Services
- Employee Loan Program
Company Information
- Fortune® 300 organization founded in 1909
- Leading-edge training from the nation’s top sales leaders
- World-class sales, marketing, and operations support
- Revolutionary sales process for working with both consumers and professionals
About the Company
Mutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply. We offer an extensive compensation package.