Remote Loss Mitigation Underwriter II: Impact & Growth

Carrington Mortgage Services, LLC; Orange (CA); Hybrid; USD 36,000 - 43,000; Full time

Benefits offered by this job

Healthcare plans

401(k) match

Job summary

Carrington Mortgage Services is seeking a Loss Mitigation Underwriter II to underwrite loss mitigation applications in line with Treasury, company, and investor guidelines. The role handles moderately complex files and makes sound underwriting decisions under general supervision.

The position is remote with a target pay range of $26.00–$31.00 per hour, and requires 2–3 years of underwriting experience. The organization offers comprehensive healthcare, a discretionary 401(k) match, training

Qualifications

• High school diploma or equivalent required.
• Two to three years of underwriting/loss mitigation experience.

Responsibilities

• Perform a 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 (repurchase plans, forbearances, modifications or liquidation options).
• Document final decision and update system of record.

Skills

Underwriting experience

Education

High school diploma

Job description

Carrington Mortgage Services is seeking a Loss Mitigation Underwriter II to underwrite loss mitigation applications in line with Treasury, company, and investor guidelines. The role handles moderately complex files and makes sound underwriting decisions under general supervision.

The position is remote with a target pay range of $26.00–$31.00 per hour, and requires 2–3 years of underwriting experience. The organization offers comprehensive healthcare, a discretionary 401(k) match, training