Reverse Mortgage Purchase Business Development Specialist Job at Longbridge Financial, Paramus, NJ

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  • Longbridge Financial
  • Paramus, NJ

Job Description



At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their home equity.

As a leading provider of home equity solutions for seniors, we’re committed to helping older homeowners make the most of what they’ve worked hard to build, so they can live the retirement they imagined.

And we don’t just do it well, we do it really well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we’ve earned a reputation for making it easy and stress-free to access home equity—with guidance every step of the way.

But it’s not just our customers who love us—our team does, too! We’ve been named a Great Place to Work® three years in a row because we believe that when people enjoy what they do and where they do it, everyone wins.

Why Longbridge?

At Longbridge, we don’t just offer jobs, we offer careers that grow with you. Here’s why you’ll love being part of our team:

  • Grow With Us – We’re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within—because when you succeed, we all do.
  • A Culture That Clicks – We work hard, but we have fun doing it! Whether it’s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.”
  • Benefits That Have Your Back – We’ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.

If you’re looking for a place where your work truly makes a difference, we’d love to have you on board. Apply today and let’s do great things together!

 

 

 

Job Description



Join a Groundbreaking Opportunity in Reverse Mortgage Purchase Financing

Why This Role?

This is more than a job-it's a ground-floor opportunity to be part of a new division targeting a massively underserved market. If you're a driven sales professional ready to make your mark, unlock big earnings, and shape your future, this role is your launchpad.

Position Summary:

This is a unique opportunity for a licensed mortgage loan officer with a passion for business development. As a Reverse Mortgage Purchase Loan Officer – Business Development Specialist, you will originate Reverse Purchase loans while also building and managing relationships with key referral partners such as real estate agents, builders, and financial advisors. This dual role combines hands-on loan origination with high-level partner engagement in a rapidly growing and under-served market.

Key Responsibilities:

  • What You’ll Do: Originate reverse mortgage purchase loans for qualified 55+ homebuyers while guiding them through every step of the loan process
  • Partner Development: Identify and engage real estate professionals, home builders, 55+ community developers, and financial planners to establish mutually beneficial referral relationships.
  • Lead Generation: Proactively source new business opportunities through networking, cold outreach, events, and targeted marketing campaigns.
  • Educate & Influence: Lead impactful training sessions and webinars to show partners the real value of reverse purchase financing.
  • Drive Market Growth: Launch growth plans that position you as the go-to expert in your focused regions.
  • Sales Support: Coordinate with processors and underwriting teams to ensure smooth, timely closings on purchase transactions you originate
  • Reporting & KPIs: Track outreach activities, partner engagement, and sales pipeline using CRM tools and report progress to leadership.
  • Compliance Awareness: Maintain working knowledge of FHA HECM and Longbridge Proprietary Product guidelines to ensure marketing and partner education materials are compliant.

 

 

 

 

Qualifications



 What You Bring:

  • 3–5 years in mortgage sales, reverse mortgages, real estate, or financial services
  • A true “hunter” sales mentality —you know how to open doors and close deals
  • Active NMLS license
  • Experience with referral-based or B2B sales models
  • Strong grasp of reverse purchase financing products
  • Top-notch communication and relationship-building abilities
  • Self-starter attitude with strong follow-through and organization
  • CRM proficiency (Salesforce, HubSpot, or similar)

 

Additional Information

  • Full benefits
  • 401(k) with company match
  • Paid time off
  • Working in a growing and dynamic industry
  • LBF is an EEO/AA/Vet/Disabled Employe
  • Please note that salaries that are estimated on various job sites may not reflect the actual compensations. Job sites, set the estimated salary, not Longbridge Financial.

 

Job Tags

Full time,

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