Demo

Reverse Mortgage Specialist

Element Mortgage
Seattle, WA Full Time
POSTED ON 3/26/2025 CLOSED ON 4/5/2025

What are the responsibilities and job description for the Reverse Mortgage Specialist position at Element Mortgage?

Job Title: Reverse Mortgage Specialist

Location: Seattle, WA

Employment Type: Full-Time

About Us:

At Element Mortgage, our in-house Reverse Mortgage Division specializes in providing financial solutions that empower homeowners aged 62 and older to leverage their home equity for a more secure retirement. Our commitment to integrity, education, and personalized service sets us apart in the reverse mortgage industry. We are dedicated to helping our clients achieve financial freedom with transparency and care!

Why Join Us?

  • Comprehensive Training & Support: We provide extensive training to support your success, whether you are newer to the industry or a seasoned professional.
  • Exclusive Leads & Marketing Assistance: Gain access to high-quality, live-transfer leads and marketing resources to help you grow your business.
  • Competitive Compensation & Benefits: Enjoy a lucrative commission structure, plus health, dental, and vision benefits, 401k and Employee Stock Ownership Plan (ESOP)
  • Innovative Technology & Tools: Utilize state-of-the-art software and CRM tools to streamline your workflow and enhance client interactions.
  • Customer-First Philosophy: Work with a team that prioritizes ethical lending and client education, ensuring seniors make informed financial decisions.
  • Bank and Broker: You will be able to utilize our in-house Bank Reverse Mortgage Programs as well as Broker options.

Key Responsibilities:

  • Originate quality Reverse Mortgages through referral sources
  • Identify goals of In-bound calls and work with them through the loan process.
  • Ability to conduct educational presentations with financial planners, realtors, and other small groups.
  • Manage customers through the entire loan process, from data collection and analysis through loan conclusion while maintaining positive customer relationships.
  • Collect and analyze information regarding customer income, assets, investments and debts to include multifaceted or complex borrowers.
  • Submits completed loan application and supporting documentation to the processing department.
  • Present the advantages and disadvantages of different products to determine the best option for each customer’s financial situation.
  • Set proper customer expectations and provide timely status updates to ensure a positive customer experience.

Qualifications:

  • Minimum of one-year reverse mortgage experience preferred.
  • An active NMLS license is required.
  • Ability to be licensed in several States is a plus
  • Strong relationship-building skills.
  • Familiarity with current lending regulations.
  • Must be self-motivated and have an ability to work independently as well as in a team setting.
  • Excellent attention to detail.
  • Intermediate experience with Microsoft Word, Excel, and email systems.
  • Ability to work in a fast paced, fluid environment.
  • Strong communication, interpersonal and organizational skills.
  • High integrity and confidentiality required.

Join Our Team!

Check us out at https://elementmortgage.com/reverse-mortgage/

If you are passionate about helping seniors achieve financial security and want to be part of a company that values integrity, education, and superior customer service, we’d love to hear from you!

Element Mortgage is powered by APM, an Employee-Owned Company! We’re 100% focused on making you look good. Whether it’s the latest technology, assistance with lead procurement, our solutions approach to underwriting, or plug-and-play marketing, we spend every day focused on you. As a 49% employee-owned company, every team member has ownership and a vested interest in the success of the company.

Apply today and take the next step in your career as a Reverse Mortgage Specialist with Element Mortgage!

Job Type: Full-time

Pay: $25,000.00 - $250,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Flexible schedule
  • Health insurance
  • Health savings account
  • Life insurance
  • Retirement plan
  • Vision insurance

Schedule:

  • Choose your own hours
  • Monday to Friday
  • Weekends as needed

Experience:

  • Reverse Mortgage Lending: 1 year (Required)

License/Certification:

  • MLO License (Required)

Ability to Commute:

  • Seattle, WA 98105 (Preferred)

Ability to Relocate:

  • Seattle, WA 98105: Relocate before starting work (Preferred)

Work Location: Hybrid remote in Seattle, WA 98105

Salary : $25,000 - $250,000

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