Remote Loss Mitigation Underwriter I

Carrington; Charleston (WV); Remote; USD 32,000 - 36,000; Full time

Benefits offered by this job

Healthcare plans

Discretionary 401(k) match

Employee discounts portal

Educational reimbursement

Training programs

Equity charitable foundation support

Job summary

Carrington Mortgage Services is seeking an entry-level Loss Mitigation Underwriter I to underwrite Loan Modifications within Treasury, Company and Investor guidelines. The role emphasizes compliance and sound decision-making under supervision.

Responsibilities include VOI, debt-to-income calculations, occupancy/income verification, and applying payment waterfalls to assess workout options. This remote-from-home position offers a $23.00–$26.00 hourly pay range.

Qualifications

• Entry-level underwriting experience in loss mitigation preferred.
• Knowledge of loan modification guidelines is a plus.
• Ability to analyze files for Treasury and investor requirements.

Responsibilities

• Perform thorough loan analysis to ensure guideline compliance.
• Conduct Verification of Income (VOI).
• Calculate front and back-end debt-to-income ratio.
• Verify occupancy, hardship and income.
• Apply payment waterfall to determine workout eligibility.
• Identify liquid assets held by borrower if applicable.
• Determine and communicate required conditions for documentation.
• Complete system tasks to maintain compliance.
• Document final decision and update system records.

Skills

Underwriting

DTI calculation

VOI

Policy compliance

File documentation

Education

High school diploma

Job description

Carrington Mortgage Services is seeking an entry-level Loss Mitigation Underwriter I to underwrite Loan Modifications within Treasury, Company and Investor guidelines. The role emphasizes compliance and sound decision-making under supervision.

Responsibilities include VOI, debt-to-income calculations, occupancy/income verification, and applying payment waterfalls to assess workout options. This remote-from-home position offers a $23.00–$26.00 hourly pay range.