Loss Mitigation, Underwriter l

Position Overview

Come join our amazing team and work remote from home! As a Loss Mitigation Underwriter I, you will be responsible for underwriting Loan Modification applications in accordance with Treasury, Company and Investor guidelines while following company policies and procedures. In this entry-level role, you will primarily handle less complex underwriting files while gaining experience with more complex ones. Compensation: Target pay range is $20.00 - $23.00 per hour.

At Carrington Mortgage Services, part of The Carrington Companies, you’ll be joining a team dedicated to delivering exceptional customer care and transforming residential real estate.

Key Responsibilities

• Perform a thorough analysis to ensure the quality of each loan and compliance with Treasury, Company and Investor guidelines.
• Conduct Verification of Income (VOI) and calculate the customer’s front and back-end debt to income ratio.
• Verify occupancy, hardship, and income details.
• Apply payment waterfall methodology to determine workout eligibility (repayment plan, forbearance, modification, or liquidation options).
• Identify any liquid assets held by the borrower, if applicable, and determine needed conditions to properly document the file.
• Complete system tasks to maintain compliance with guidelines and document the final decision.

Required Qualifications

• High school diploma or equivalent is required.
• At least one year of loss mitigation underwriting experience is required.

Benefits & Perks

• Comprehensive healthcare plans for you and your family, plus a discretionary 401(k) match of 50% of the first 4% contributed.
• Access to multiple discounts on fitness, dining, retail, and more through our employee portal.
• Customized training programs designed to help you advance your career.
• Employee referral bonuses to reward you for bringing skilled friends on board.
• Educational reimbursement, along with community contributions through the Carrington Charitable Foundation.