What are the responsibilities and job description for the Reverse Mortgage Loan Officer position at Ideal Mortgage Inc.?
Company Description Ideal Mortgage Inc., founded in 2023 by experienced industry professionals, is a customer-centric home financing company that combines the flexibility of a broker with the efficiency of retail banking operations. As both a correspondent lender and broker, the company can use its own funds for purchase and refinance transactions, often delivering cost savings and more tailored options to clients. Ideal Mortgage emphasizes personalized service, with professional loan officers who work around clients’ schedules to support purchases, refinances, and equity-based solutions. The internal team, including processors and assistants, has deep industry tenure and leverages modern technology to deliver fast, streamlined experiences. Ideal Mortgage positions itself as a long-term ally in smart home financing, focused on efficiency, value, and exceptional service.
Ideal Mortgage · Remote/Hybrid · Commission (uncapped) · Full-time
If you’ve ever watched a perfect senior-equity client walk away because a traditional reverse mortgage didn’t fit, or a bank HELOC denied them on income this is the desk you’ve been looking for. Ideal Mortgage is a hybrid lender hiring experienced Reverse Mortgage Loan Originators in Florida. We pair raw, broker-direct pricing with some of the lowest rates in the industry combined with one of the most aggressive comp plans in the industry and no cap on commissions. Then we hand you a proprietary equity product almost no one else can offer.
A loan your competition simply doesn’t have
We originate a proprietary, first and even second lien home-equity line of credit built for the equity-rich, cash-flow-conscious homeowner, the bridge between a traditional reverse mortgage and a standard HELOC:
• Minimum payments as low as 1% of the mortgage balance
• A 40-year term that never recasts
• A 7-year draw period and five flexible payment options
• Non-recourse protection — the borrower and their heirs never owe more than the home is worth
• A capped monthly payment, locked in at application, even if rates rise
• No annual fees, and the borrower can pay down principal anytime with no penalty
• Qualifies on equity and a 650 credit score on a primary residence — counseling is a simple online video, not an in-person HUD appointment
What that looks like at the kitchen table:
• A $200,000 balance on the 1% option → a minimum payment of about $167/month
• The client draws more for a remodel and the balance grows to $300,000 → minimum payment about $250/month
• $150,000 borrowed → payments starting as low as ~$125 the first month
• $500,000 → as low as ~$417; $1,000,000 → as low as ~$834
We can of course originate a HECM and with us you have both options. You’ll close borrowers a HECM turned away and a bank HELOC denies on debt-to-income. (Figures are illustrative.)
Why originators move their book to Ideal Mortgage
• Raw pricing. Hybrid, broker-direct rates that help you win the deal and protect your referral relationships.
• Uncapped, top-tier comp. One of the highest payout structures in the industry — no ceiling on what you earn.
• A proprietary loan that opens doors a rate sheet alone never will.
• Hybrid flexibility. Broker it or bank it — whatever gets your borrower the best outcome.
What you’ll do:
• Originate reverse mortgages and our proprietary equity line for homeowners 55 /62
• Build and nurture referral relationships — financial advisors, REALTORS®, estate-planning attorneys, CPAs, and senior communities
• Educate clients and families with a consultative, no-pressure approach
• Own your pipeline from application to funding with our ops team behind you
What you bring
• Active NMLS MLO license (or the ability to obtain one in Florida)
• Experience originating reverse mortgages / HECM strongly preferred
• An existing referral network is a major plus
• A consultative, senior-focused communication style and a clean compliance record
Compensation & benefits
• Uncapped commission — one of the highest split structures in the industry
• Raw/broker-direct pricing so you win more of the deals you work
• Marketing, processing, and underwriting support
Ready to originate the loan your competition can’t? Apply now, or reach out confidentially to Steve Romero — Steve.Romero@myidealmtg.com — 970-324-6142.
Ideal Mortgage is an Equal Opportunity Employer. All applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic. NMLS #2559964.
Qualifications
- Strong knowledge of the Mortgage Industry, including lending products, underwriting basics, and regulatory requirements.
- Specialized experience with Reverse Mortgages, including counseling requirements, program guidelines, and client education for older borrowers.
- Background in Financial Planning or related advisory work to help clients understand long-term implications of home equity decisions.
- Proven Sales skills with a consultative approach, including prospecting, relationship building, and closing while maintaining client trust.
- Foundational Finance skills, including ability to explain interest, fees, amortization, and cash-flow impacts in plain language.
- State mortgage loan originator license (or eligibility to obtain), including NMLS registration, in Nebraska (additional states a plus).
- Excellent communication, active listening, and client-service skills, with the ability to work with diverse client backgrounds in a respectful, non-pressured manner.
- Comfort with CRM systems, loan origination software, and digital document tools; strong organizational and time-management abilities.
- Prior experience as a loan officer, reverse mortgage specialist, or similar lending role is highly preferred.
Salary : $125 - $250