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Reverse Mortgage Originator Training Program
Reverse Mortgage Originator Training ProgramMutual of Omaha Mortgage • Reno, NV, US
Reverse Mortgage Originator Training Program

Reverse Mortgage Originator Training Program

Mutual of Omaha Mortgage • Reno, NV, US
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

Job Description

Job Description

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.

We work with retirees to strategically improve the sustainability of their retirement income.

You can expect the following :

  • Our leading-edge compensation package sees our Loan Officers on average, earning $150,000 annually with the potential for more
  • 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
  • Industry leading training from the nation’s top sales leaders
  • Brand recognition of a Fortune® 300 organization founded in 1909
  • World-class sales, marketing, and operations support
  • Revolutionary sales process for working with both consumers and professionals

We encourage successful traditional mortgage loan originators to apply!

Duties will include :

  • 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.
  • Mutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply. We offer an extensive compensation package. Benefits include :

  • 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
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