Job Description
Reverse Mortgage Loan Originator (RMLO)
Position Summary:
A Reverse Mortgage Loan Originator is responsible for properly educating prospective clients, their families, and trusted advisors on a range of reverse mortgage options that match the borrower(s) goals and objectives. Must have a passion to help improve the quality of life for our clients and their families, while removing fear and confusion surrounding this unique loan and retirement solution. Must be a self-starter that currently has or can build a quality referral network.
Essential Functions:
- Establish a good referral base of but not limited to: attorneys, financial planners, CPAs, Realtors, mortgage professionals and bankers that don’t offer reverse mortgages, home care agencies, etc.
- Educate prospects, families, and trusted advisors to ensure our solution meets their goals/objective.
- Meet with clients to explain the process, collect required documents and submit qualify applications to our processing team
- Communicate effectively with clients, support staff, and management.
- Know and stay up to date on product guidelines, industry news and changes.
Qualifications:
- NMLS Individual Mortgage License
- Minimum high school diploma or equivalent
- Knowledge of mortgage (specific reverse a plus) guidelines
- Ability to learn new software in a timely manner
- Self-motivated and highly organized
- Ability to prioritize multiple competing tasks
Job Type: Full-time