Sales Training Program – Reverse Mortgage Loan Officer

Mutual of Omaha Mortgage•Springfield, IL

About The Position

This role offers an entry point into the reverse mortgage industry, supported by Mutual of Omaha, a Fortune 300 organization with more than 100 years of stability. The program begins with one month of virtual classroom training covering reverse mortgage products, sales fundamentals, compliance, systems, and customer conversations. It continues with a 12-month development program featuring weekly skill-building sessions, individualized coaching from experienced sales leaders, and opportunities to apply training through real-world customer interactions. The program is intended to develop confident, knowledgeable mortgage professionals who can build long-term careers. Loan officers help retirees make informed financial decisions and strengthen retirement income, serving as trusted advisors through important financial decisions. A monthly base is provided during the 12-month training program; established loan officers in the program routinely earn $100,000 or more. Applicants without an NMLS license can receive assistance obtaining and paying for one.

Requirements

  • A proven track record of success in sales.

Nice To Haves

  • Experience as a traditional mortgage loan originator is especially encouraged.
  • Understanding of the lending business.
  • An NMLS license; applicants without one will be helped to obtain and pay for it.

Responsibilities

  • Learn reverse mortgage products, sales fundamentals, compliance, systems, and customer conversations through virtual classroom training.
  • Participate in weekly skill-building sessions and one-on-one coaching during the 12-month development program.
  • Apply training through real-world customer interactions.
  • Help retirees make confident, informed financial decisions related to improving their quality of life and strengthening retirement income.
  • Build trust, ask thoughtful questions, listen with intention, and serve clients as a trusted advisor.

Benefits

  • Multiple PPO medical plans, including an HDHP-eligible option
  • Dental coverage
  • Vision coverage
  • Paid sick time: 40 hours after 90 days, subject to applicable state requirements
  • Nine paid holidays and one floating cultural celebration day
  • 401(k) with employer match
  • Company-paid life insurance
  • Monthly base during the 12-month training program
  • Assistance obtaining and paying for an NMLS license
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