Entry-Level Loss Mitigation Underwriter

Join our exceptional team and work remotely! The Entry-Level Loss Mitigation Underwriter will play a crucial role in underwriting Loan Modification applications, ensuring compliance with Treasury, Company, and Investor guidelines. You will work under general supervision, make informed underwriting decisions, and follow company policies and procedures. This position is designed for those beginning their career in underwriting and will handle less complex files while gaining valuable experience for more complex cases. The pay range for this role is $23.00 - $26.00 per hour. Key Responsibilities: Conduct detailed analyses to verify loan quality and adherence to Treasury, Company, and Investor guidelines. Perform Verification of Income (VOI) efficiently. Calculate front and back-end debt-to-income ratios for each customer. Confirm occupancy status, demonstrate hardship, and verify income. Utilize the payment waterfall to assess workout eligibility, including repayment plans, forbearance, modifications, or liquidation options. Identify borrower liquid assets when applicable. Communicate any documentation needs clearly (e.g., reason for default letters, updated pay stubs, bankruptcy papers). Complete system tasks to ensure compliance with all relevant guidelines. Document final decisions thoroughly and update the system of record accordingly. Qualifications: High school diploma or equivalent required. 1 to 2 years of experience in underwriting loss mitigation is required. About Our Company: Carrington Mortgage Services is a part of The Carrington Companies, providing comprehensive mortgage loan servicing support to borrowers and investors. We strive to deliver exceptional customer care and programs that enhance the homeownership experience. We invite you to be a part of our growing team of talented professionals as we revolutionize the residential real estate space. What We Offer: Comprehensive healthcare plans for you and your family, along with a discretionary 401(k) match of 50% on the first 4% of contributed pay. Access to a variety of discounts on fitness, dining, retail, and more through our employee portal. Customized training programs to help you advance your career. Employee referral bonuses for working with friends! Educational reimbursement opportunities to support your professional growth. The Carrington Charitable Foundation actively contributes to community initiatives that resonate with our associates. To learn more about our charitable efforts, please visit the Carrington Charitable Foundation website. Carrington is an equal opportunity employer. Carrington embraces diversity and ensures that applicants are considered for positions based on qualifications without regard to race, color, religion, sex, gender identity, national origin, ancestry, age, marital status, sexual orientation, protected veteran status, physical or mental disability, or any other legally protected category. We also provide reasonable accommodations for known physical or mental limitations for qualified applicants or employees with disabilities, unless doing so would impose undue hardship on the company.

Created: 2026-03-06