Reverse Mortgage Loan Officer

Responsible for calling all company provided leads and selling the loan products offered by Finance of America Reverse (FAR) by meeting and calling on clients, referral sources, and business prospects.

EXPECTATIONS

• Manages sales opportunities and develops and executes marketing strategy with support and guidance from the Sales Manager.
• Produces high quality loans which meet Reverse Mortgage guidelines while providing superior customer service.
• Solicits Reverse Mortgages from various sources including financial professionals, past customers and other related sources.
• Manages personal pipeline production and achieves production goals.
• Resolves problems relating to the closing and funding of loans.
• Follows the Company standards for delivery of integrity, client focus, teamwork and respect for each individual in every interaction.
• Exhibits observable sense of urgency in the execution of all job functions and duties.
• Meets or exceeds levels of Customer Service delivery established by the Company.
• Performs other duties as assigned.

Qualifications

• High School Diploma

QUALIFICATIONS - EDUCATION - PREFERRED

• Bachelor's Degree

QUALIFICATIONS - EXPERIENCE/SKILLS/COMPETENCIES

• Minimum 6 months of experience with Reverse Mortgage Sales or other related Mortgage origination.
• Must have excellent written communication and interpersonal skills.
• Demonstrated computer proficiency.
• Previous call center experience.
• Successful completion of Reverse Mortgage originator training is required.
• Current state non-depository licensees preferred, but not required.
• Prior experience working with automated Loan Origination Systems.
• Self-motivated and excellent customer service skills.
• Highly proficient with Microsoft Word, Excel, PowerPoint and Outlook.
• Possess a hybrid of technical and soft skills.
• Ethical, with a commitment to company values.

Compensation

The base salary range for this position is $7.25 - $20.00 per hour, inclusive of all geographical differences in the labor market. This position is also eligible for incentive pay based on individual performance. The base salary and incentive pay for the position will be determined based on factors such as the candidate’s work location, skills, education, and experience. In addition to those factors, we believe in the importance of pay equity and consider the internal equity of our current team members in determining any final offer. We offer a competitive benefits package including health, dental, vision, life insurance, paid time-off benefits, flexible spending account, 401(k) with employer match, and ESPP.

Additional Information

The estimated fill date for the next upcoming class is 2/20/2024.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

Finance of America Reverse is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, sex (including pregnancy), sexual orientation, religion, creed, age, national origin, physical or mental disability, gender identity and/or expression, marital status, veteran status or other characteristics protected by law.

Job Type: Full-time

Pay: From $20.00 per hour

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Vision insurance

Compensation package:

• Commission pay

Schedule:

• Day shift
• Monday to Friday

Work setting:

• Remote

Application Question(s):

• How many Reverse Mortgage Loans did you average per month at your previous or current employer?
• What is your NMLS License #?
• On average, how many Reverse Mortgage Loans did you fund per month in your last Loan Officer role?
• This is not a field sales role. This role requires individuals to be able to commit to working at their desk for at least 40 hours per week. Is this something that you are willing to commit to?

Experience:

• Reverse Mortgage Loan Origination: 1 year (Preferred)
• Sales: 1 year (Preferred)
• Call center: 1 year (Preferred)

License/Certification:

• NMLS (Required)

Work Location: Remote