REVERSE MORTGAGE LOAN ORIGINATORS, FLORIDA NMLS LICENSE REQUIRED, REMOTE

 

Full-Time/Part-Time Contractors, Bilingual Preferred (English-Spanish or English-Russian)

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To apply, please send cover letter and resume to sthomas@lifeequitymortgage.com

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Around 1000 people per day are moving to Florida. Some 40% are age 60 and older - the fastest growing demographic in the state. The U.S. Census Bureau estimates that 32.5 percent of Florida's population will be 60 or older by 2030, an increase of 34 percent from 2012. Less than 2% currently have a reverse mortgage - expected to increase by 300% to 400% in the next 5 years. That's potentially hundreds of thousands of new and refinanced reverse mortgages in Florida alone.

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Life Equity Mortgage (LEM) NMLS 1432969 is a premier reverse mortgage broker expanding to Florida and soon the rest of the nation. Founded and managed by a leading reverse mortgage senior executive and partnered with the largest and the best reverse mortgage lenders in the country, LEM has formed with the mission of helping seniors have greater financial security, freedom and overall quality of life, and we're looking for loan officers who can share our vision and values.

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LEM offers both the FHA insured Home Equity Conversion Mortgages (HECM) and proprietary reverse mortgage loans including jumbos. Reverse mortgages allow borrowers 60 years old and older to purchase their primary residence and/or to borrow their home equity with no required mortgage payments until the loan is paid-off. There’s no set term which means the borrower can have the loan as long as they live in their home while retaining full ownership and never pay back more than their home is worth even if they borrowed more. There’s even protections for non-borrowing spouses to stay in the home if the borrower passes.

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The traditional forward mortgage market will eventually, if not abruptly deflate. How will you not only maintain but perhaps even increase your income through the coming doldrums? The "Silver Tsunami" is here and reverse will soon be the fastest growing segment of the residential mortgage market, and certainly the highest compensating. Even though the demand for reverse has never been greater, the market remains underserved. LEM is in a unique position to capitalize on this unprecedented opportunity. LEM provides everything needed to help you close more loans more efficiently and profitably than any other lender while earning perhaps the best compensation of your career with the least effort.

 

If you’re not already a vital part of the $9 trillion senior refi and purchase boom that’s just beginning, this is your chance. It's time to work with the best, to play a vital role in an emerging market and increase your income while making a valuable difference in the lives of seniors. It's time to talk to LEM.

 

LEM offers NMLS licensed mortgage loan originators:

• Exclusive qualified borrower leads (direct response from our extensive, ongoing advertising)

• Compensation 2-3 times higher than traditional forward mortgages

• Generous Commission Splits 

• Comprehensive training and management support

• Business strategy/planning development

• Company paid post-submission processing support

 

COVID-19 considerations: This is a remote position. No in-person contact is required.

 

Life Equity Mortgage is an Equal Employment Opportunity (EEO) company.