Reverse Mortgage Loan Processor

Opulence Home Equity; Ramsey (NJ); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

401(k)

Health coverage

Job summary

A financial services company in Ramsey, NJ is seeking a Reverse Mortgage Loan Processor to oversee applications from start to finish, ensuring accuracy and compliance. The role requires strong organizational skills and empathetic communication, particularly with senior clients. Previous experience in reverse mortgages and familiarity with FHA/HUD guidelines are essential. Competitive pay and benefits included in this hybrid position.

Qualifications

• Prior experience as a Reverse Mortgage Loan Processor.
• Familiarity with FHA/HUD guidelines and reverse mortgage regulations.
• Professional and empathetic communication style.

Responsibilities

• Oversee reverse mortgage applications from start to finish.
• Engage with senior clients and their families.
• Ensure compliance and timeliness of applications.

Skills

Detail-oriented

Organizational skills

Empathetic communication

Proficiency in loan origination software

Tools

Quantum

Job description

CEO of Opulence Home Equity and Opulence Realty Group

At Opulence Home Equity, we recognize that reverse mortgages require a special kind of expertise, one that balances regulatory accuracy with compassion for senior homeowners. We’re seeking a Reverse Mortgage Loan Processor who is detail-oriented, dependable, and skilled at guiding files through to completion with professionalism and care.

What You’ll Gain

Technology that Simplifies – Efficient digital tools created by our team designed to keep files moving smoothly without unnecessary back-and-forth.

Supportive Culture – Join a team that values collaboration, communication, and respect for the processor’s critical role.

Specialized Experience – Build your expertise in reverse products with exposure to unique borrower needs and FHA/HUD compliance.

Competitive Package – Strong pay structure with benefits including 401(k) and health coverage.

File Stewardship – Oversee reverse mortgage applications from start to finish, ensuring accuracy, compliance, and timeliness.

Borrower Communication – Engage with senior clients and their families with patience, professionalism, and clarity.

Document Management – Collect, review, and validate sensitive borrower documentation in line with FHA/HUD requirements.

Regulatory Precision – Apply a working knowledge of reverse mortgage guidelines, ensuring files are audit-ready.

Pipeline Coordination – Keep files on track and maintain clear communication with loan officers and underwriters.

Issue Resolution – Anticipate and resolve obstacles quickly to keep closings on schedule.

Responsibilities and Requirements

• Prior experience as a Reverse Mortgage Loan Processor
• Familiarity with FHA/HUD guidelines and reverse mortgage regulations
• Strong organizational skills with the ability to manage multiple files simultaneously
• Professional and empathetic communication style, especially with senior borrowers
• Proficiency in loan origination software (Quantum) and productivity tools
• Reliable, detail-oriented, and comfortable balancing independence with team collaboration

If you’re ready to apply your reverse mortgage expertise in a hybrid role with a company that values diligence and professionalism, apply now!