Mortgage Loss Mitigation Underwriter

LHH Recruitment Solutions; San Diego (CA); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401K plan

Short-term disability

EAP program

Commuter benefits

Paid leave

Job summary

LHH Recruitment Solutions is seeking a Loss Mitigation Underwriter in the San Diego area to evaluate hardship applications and determine workout solutions for delinquent mortgage accounts. Strong underwriting knowledge and mortgage servicing experience are essential to guide borrowers while reducing potential losses.

The role involves reviewing applications, analyzing income and expenses, applying investor guidelines, and preparing complete workout packages in line with federal and investor

Qualifications

• Two years mortgage servicing experience or one year loss mitigation.
• Bachelor’s degree preferred; equivalent education considered.
• Strong understanding of mortgage underwriting and borrower analysis.
• Familiar with FNMA, FHLMC, FHA, VA, USDA guidelines.

Responsibilities

• Review and underwrite loss mitigation applications and forbearance options.
• Analyze income, expenses, and documents to determine repayment ability.
• Apply investor guidelines to develop compliant workout options.
• Prepare loan workout packages meeting standards.
• Coordinate with agencies and document requirements.
• Maintain accurate loan-level portfolio and meet deadlines.
• Support audits and contribute to process improvements.
• Stay current on regulations and loss mitigation standards.

Skills

Mortgage servicing

Loss mitigation

Underwriting

Guideline interpretation

Analytical skills

Attention to detail

Bilingual

Education

Bachelor’s degree

Tools

BlitzDoc/ICE

Microsoft Word

Microsoft Excel

Job description

LHH Recruitment Solutions is seeking a Loss Mitigation Underwriter in the San Diego area to evaluate hardship applications and determine workout solutions for delinquent mortgage accounts. Strong underwriting knowledge and mortgage servicing experience are essential to guide borrowers while reducing potential losses.

The role involves reviewing applications, analyzing income and expenses, applying investor guidelines, and preparing complete workout packages in line with federal and investor