Rate · 3 weeks ago
Reverse Mortgage - Producing Vice President
Rate is one of the nation’s top retail mortgage lenders, delivering a seamless, tech-driven experience that helps customers reach their homeownership and financial goals. As a Reverse Mortgage Loan Officer, you will build relationships and guide clients through the reverse mortgage process, leveraging your expertise to help them achieve financial freedom in retirement.
Responsibilities
You shall solicit, originate and negotiate residential mortgage loans on behalf of Company’s borrowers and perform such related duties as are customary in the mortgage loan origination business or as may be required by Company from time to time
As a salesperson, your primary duty shall be making sales related to selling the Company’s products and services, and that you shall be customarily and regularly engaged in these sales activities outside the Company’s Place of Business and in activities directly related to these sales (“Outside Sales”). You shall devote at least the minimum amount of time necessary engaged in Outside Sales and activities directly related to these sales, to adhere to the applicable exemption for salespersons in the state that you work. For California employees, you shall devote substantially more than fifty percent (50%) of your working time each workweek performing sales activities related to Outside Sales
Actively seek out and engage new clients through self-generated leads, referrals, and community outreach
Use your expertise in reverse mortgage products, including FHA HECMs and proprietary solutions, to guide clients to the best options for their needs
Establish and grow lasting partnerships with financial advisors, real estate agents, and community organizations
Lead clients through the reverse mortgage process with transparency, professionalism, and a focus on their unique needs
Keep up with industry trends and product innovations to provide clients with the best possible solutions
Qualification
Required
Previous experience with Reverse Mortgages
3+ years of experience in reverse mortgages
Active NMLS license
Well-versed in compliance and regulatory requirements for reverse mortgages
Benefits
Eligibility to participate in a company-sponsored 401(k)
Vacation benefits
Eligibility for medical, dental, vision, and prescription drug benefits
Flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts)
Life insurance and death benefits
Critical care insurance
Personal accidental insurance
Commuter benefits
Pet insurance
Certain time off and leave of absence benefits
Well-being benefits (e.g., employee assistance program)
Other supplemental benefits (e.g. legal planning assistance; identity theft protection; pet insurance; wellness resources)
Company
Rate
Rate is a mortgage company that provides mortgage-related services and solutions.
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
THL
2017-12-14Private Equity
Recent News
2025-12-25
2025-12-04
2025-12-03
Company data provided by crunchbase