Job Description

Come join our amazing team and work remote from home!

The Senior Loss Mitigation Underwriter will be responsible for underwriting loss mitigation applications in accordance with Treasury, Company and Investor guidelines while following company’s policies and procedures under general supervision. Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates. The target pay range for this position is $29.00 - $34.00 an hour.

The Senior Loss Mitigation Underwriter level is the senior level role in the job family and generally handles the most complex underwriting files while assisting in the training and growth of junior underwriters.

What you do:

• Perform a thorough analysis to ensure the quality of each loan and to determine compliance with Treasury, Company and Investor guidelines.

• Conduct Verification of Income (VOI).

• Calculate customer’s front and back-end debt to income ratio.

• Verify occupancy, hardship and income.

• Apply payment waterfall to determine workout eligibility (repayment plans, forbearances, loan modifications or liquidation options).

• Assist in the processing and development of loans acquired from prior Servicer

• If applicable, identify the type(s) and amounts of liquid assets the borrower holds.

• Determine and communicate needed conditions to properly document the file (reason for default letter, updated pay stubs, bankruptcy papers, etc.).

• Complete system tasks as required to maintain compliance with Treasury, Company and Investor guidelines.

• Document final decision and update system of record.

• Function as the subject matter expert for Loss Mitigation underwriting.

• Perform other duties as assigned.

What you'll need:

• High school diploma or equivalent required

• Four (4) plus years of underwriting experience or servicing/loss mitigation.

Our Company:

Carrington Mortgage Services is part of The Carrington Companies, which provide integrated, full-lifecycle mortgage loan servicing assistance to borrowers and investors, delivering exceptional customer care and programs that support borrowers and their homeownership experience. We hope you’ll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit: .

What We Offer:

• Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.

• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.

• Customized training programs to help you advance your career.

• Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.

• Educational Reimbursement.

• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.

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Carrington is an equal opportunity employer. It is the policy of the company that applicants be considered for positions for which they qualify without regard to race, color, religion, sex, gender identity, national origin, ancestry, age, marital status, sexual orientation, protected veterans status, physical or mental disability or any other legally protected category. Carrington will make reasonable accommodations for known physical or mental limitations of a qualified applicant or employee with a disability unless the accommodation will impose an undue hardship on the company.

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