Remote Loss Mitigation Underwriter I

Carrington; Owings Mills (MD); Remote; USD 32,000 - 36,000; Full time

Benefits offered by this job

Healthcare plans

401(k) match

Educational reimbursement

Employee discounts

Job summary

Carrington Mortgage Services is seeking a Loss Mitigation Underwriter I to join our team. This entry-level role under Treasury, Company and Investor guidelines focuses on evaluating loan modifications and determining workout options while maintaining policy compliance.

The position offers remote work from home with competitive hourly pay and benefits. Requires a high school diploma and 1–2 years of underwriting loss mitigation experience.

Qualifications

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

Responsibilities

• Perform thorough loan analyses to ensure compliance with Treasury, Company and Investor guidelines.
• Conduct Verification of Income (VOI).
• Calculate front- and back-end debt-to-income ratios.
• Verify occupancy, hardship and income.
• Apply payment waterfall to determine workout options (repayment plan, forbearance, modification or liquidation).
• Identify liquid assets held by borrower if applicable.
• Communicate required conditions to properly document the file.

Skills

Underwriting

Loss Mitigation

VOI

Education

High school diploma

Job description

Carrington Mortgage Services is seeking a Loss Mitigation Underwriter I to join our team. This entry-level role under Treasury, Company and Investor guidelines focuses on evaluating loan modifications and determining workout options while maintaining policy compliance.

The position offers remote work from home with competitive hourly pay and benefits. Requires a high school diploma and 1–2 years of underwriting loss mitigation experience.