With MoneyIdeas
You earn Top Commissions

Senior Reverse Mortgage Advisor I
• 70% Commission on gross revenue

Senior Reverse Mortgage Advisor II
• 65% to 70% Commission on gross revenue

Senior Reverse Mortgage Ambassador
• Hourly Wage

At MoneyIdeas, career Senior Reverse Mortgage Advisors with a proven track record may be able to negotiate a package during initial hiring.

For Senior Reverse Mortgage Advisors achieving results beyond managements expectations, there is always the possibility to improve the commission split.

Commission Schedule:

Monthly Gross Reverse Mortgage Advisors
Commission Earned Percentage

$7,256 + 60%
$14,512 + 65%
$21,768 + 70%

*$7,256 commission per sale

Calculations:

$7,256 p/sale x 1 = $ 7,256 x 60% = $ 4,354 (1 loan p/mo. = $ 4,354)
$7,256 p/sale x 2 = $14,512 x 65% = $ 9,433 (2 loans p/mo.= $ 9,433)
$7,256 p/sale x 3 = $21,768 x 70% = $15,238 (3 loans p/mo.= $15,238)

*Deduct $375.00 p/sale for processing fee

3 sales per mo. @ 70% = $15,238
$15,238 - $1,125 loan processing fee = $14,113 per mo. or $169,356 per year

*These calculations are based on HECM loans made in the state of California in areas with a HUD county lending limit of $362,790 with a typical 2% loan origination fee on HECM loans.