Remote Loss Mitigation Underwriter I - Entry Level

Carrington Holding Company, LLC; United States; On-site; USD 32,000 - 36,000; Full time

Benefits offered by this job

Comprehensive healthcare plans

Discretionary 401(k) match

Employee discounts

Educational Reimbursement

Training programs

Referral bonuses

Job summary

Carrington Mortgage Services is seeking a Loss Mitigation Underwriter I to assess loan modification applications remotely from home, applying Treasury, Company and Investor guidelines with compliant decisions. This entry-level role handles less complex files as it gains experience for more complex cases.

Target pay is $23.00-$26.00 per hour, with comprehensive benefits and growth opportunities within our national network.

Qualifications

• Underwrite loan modification applications per Treasury, Company and Investor guidelines.
• Perform VOI to verify income and occupancy.
• Calculate front- and back-end debt-to-income ratios.
• Identify liquid assets and communicate required documentation.
• Apply payment waterfall to determine workout options.
• Complete system tasks to maintain Treasury/Investor compliance.

Responsibilities

• Analyze loan files for quality and guideline compliance.
• Conduct VOI and income verification.
• Calculate debt-to-income ratios and assess occupancy.
• Determine workout eligibility and recommended options.
• Identify needed conditions and required documentation.
• Document final decisions and update records.

Skills

Underwriting

VOI

Debt-to-Income

Occupancy verification

Hardship review

Payment waterfall

Documentation

Compliance

Education

High school diploma or equivalent

Job description

Carrington Mortgage Services is seeking a Loss Mitigation Underwriter I to assess loan modification applications remotely from home, applying Treasury, Company and Investor guidelines with compliant decisions. This entry-level role handles less complex files as it gains experience for more complex cases.

Target pay is $23.00-$26.00 per hour, with comprehensive benefits and growth opportunities within our national network.