Remote Loss Mitigation Underwriter I

Carrington; Raleigh (NC); Remote; USD 32,000 - 36,000; Full time

Benefits offered by this job

Healthcare plans

401(k) match

Employee discounts

Educational reimbursement

Training programs

Referral bonuses

Job summary

Carrington Mortgage Services is seeking an entry-level Loss Mitigation Underwriter to assess loan modification applications in line with Treasury, Company and Investor guidelines. The role is remote from home, with the target pay range of $23.00–$26.00 per hour, and involves auditing files, VOI, and determining workout options under general supervision.

The ideal candidate has a high school diploma and 1–2 years of underwriting loss mitigation experience, joining a team dedicated to compliant,

Qualifications

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

Responsibilities

• Perform thorough analysis to ensure loan quality and compliance with guidelines.
• 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 when applicable.
• Determine and communicate conditions to properly document the file.
• Complete system tasks to maintain regulatory compliance.
• Document final decision and update records.

Skills

Underwriting

Education

High School Diploma or equivalent

Job description

Carrington Mortgage Services is seeking an entry-level Loss Mitigation Underwriter to assess loan modification applications in line with Treasury, Company and Investor guidelines. The role is remote from home, with the target pay range of $23.00–$26.00 per hour, and involves auditing files, VOI, and determining workout options under general supervision.

The ideal candidate has a high school diploma and 1–2 years of underwriting loss mitigation experience, joining a team dedicated to compliant,