Remote Loss Mitigation Underwriter I

Carrington; Greenwich (CT); Remote; USD 65.904.000 - 74.501.000; Vollzeit

Benefits dieser Stelle

Healthcare plans

Discretionary 401(k) match

Discount portal access

Training programs

Referral bonuses

Educational reimbursement

Carrington Charitable Foundation

Zusammenfassung

Carrington Mortgage Services is seeking a Loss Mitigation Underwriter I to evaluate loan modification applications in alignment with Treasury, company and investor guidelines. The role handles less complex files at entry level and operates under supervision from home.

The position requires a high school diploma and 1–2 years of loss mitigation underwriting experience, with a target pay range of $23.00–$26.00 per hour. Training and compliance support are provided.

Qualifikationen

• High school diploma or equivalent required.
• 1 to 2 years of underwriting loss mitigation experience required.

Aufgaben

• Perform a thorough analysis to ensure the quality of each loan and to determine compliance with Treasury, Company and Investor guidelines.
• Conduct Verification of Income (VOI).
• Calculate customer’s front and back-end debt to income ratio.
• Verify occupancy, hardship and income.
• Apply payment waterfall to determine workout eligibility (repayment plan, forbearance, modification or liquidation options).
• If applicable, identify the type(s) and amounts of liquid assets the borrower holds.
• Determine and communicate needed conditions to properly document the file (reason for default letter, updated pay stubs, bankruptcy papers, etc.).
• Complete system tasks as required to maintain compliance with Treasury, Company and Investor guidelines.
• Document final decision and update system of record.

Kenntnisse

Underwriting

Loss mitigation

VOI

DTI calculations

Compliance

Ausbildung

High school diploma

Jobbeschreibung

Carrington Mortgage Services is seeking a Loss Mitigation Underwriter I to evaluate loan modification applications in alignment with Treasury, company and investor guidelines. The role handles less complex files at entry level and operates under supervision from home.

The position requires a high school diploma and 1–2 years of loss mitigation underwriting experience, with a target pay range of $23.00–$26.00 per hour. Training and compliance support are provided.