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Sales Training Program Reverse Mortgage Loan Officer
Career Insights for Mortgage Loan Officer
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Scorecard
Based on Maryland data
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What they do
A Mortgage Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or credit union. Provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May partner with real estate agents to offer financing information to potential home buyers. May sell mortgage loans on commission.
$57,437 / year median in Maryland
-29% projected decline
Job Description
What to ExpectYour journey begins with an immersive one-month virtual classroom experience, w you'll build a strong foundation in reverse mortgage products, sales fundamentals, compliance, systems, and customer conversations.
After completing the virtual classroom, you'll transition into a comprehensive 12-month development program designed to accelerate your success. You'll participate in weekly skill-building sessions, receive personalized one-on-one coaching from experienced sales leaders, and apply what you've learned through real-world customer interactions.
Our goal isn't simply to help you become licensed or originate your first loan—it's to develop confident, knowledgeable, high-performing mortgage professionals with the skills, coaching, and support to build a rewarding long-term career.
Who we're looking for:
We especially encourage experienced traditional mortgage loan originators to apply. If you understand the lending business and want to serve a growing, underserved market — retirees looking to strategically strengthen their retirement income — we want to talk!
Don't have your NMLS license? No problem. We'll help you obtain and pay for your NMLS license.
If you have a proven track record of success in sales and are looking for an opportunity to make a meaningful impact while building a rewarding career, we want to hear from you. Our associates help retirees make confident, informed financial decisions, to improve their quality of life. The most successful professionals in this role are those who build trust, ask thoughtful questions, listen with intention, and serve as trusted advisors through one of the most important financial decisions their clients will make.
What you can expect to earn:
- To assist with the transition you are covered with a monthly base during the 12 month training program.
- Established Loan Officers in our program routinely earn $100,000+What sets us apart:
- The brand recognition and credibility of Mutual of Omaha behind every conversation
- Industry-leading training from the nation's top reverse mortgage sales leaders
- A revolutionary sales process for working with both consumers and referral professionals
- World-class sales, marketing, and operations support from day oneBenefits include:
- Multiple PPO Medical Plans, including an HDHP-eligible option
- Dental and Vision Coverage
- Paid Sick Time — 40 hours after 90 days (state requirements applied as applicable)
- 9 Paid Holidays + 1 Cultural Celebration Day (Floating Holiday)
- 401(k) with generous employer match
- Company Paid Life InsuranceMutual of Omaha Mortgage is an Equal Opportunity Employer, and we encourage diverse, talented, qualified applicants to apply.