Underwriter, Loss Mitigation, II

Loss Mitigation Underwriter IIResponsible 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 Loss Mitigation Underwriter II level is the Intermediate level role in the job family and generally handles the moderately complex underwriting files while gaining additional knowledge and experience on the more complex files. The target starting pay for the position is $27.50 - $30.50/hrWhat You'll 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 (repurchase plans, forbearances, modifications or liquidation options).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.Perform other duties as assigned.What You'll Need:Strong working knowledge of Microsoft Suite (Word, Excel, Outlook, etc.)Ability to understand complex problems and to collaborate and explore alternative solutionsAbility to organize and prioritize own work schedule on short-term and long-term basisAbility to add, subtract, multiply, and divide and to record, balance, and check results for accuracyAbility to clearly and accurately express or exchange ideas by verbally or in writingHigh school diploma or equivalent requiredTwo (2) to three (3) years' of underwriting background or servicing/loss mitigation experienceOur 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: 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.Notice to all applicants: Carrington does not do interviews or make offers via text or chat.Job Identification 4670Job Category Loss MitigationPosting Date 11/06/2026, 05:44 PMDegree Level High School GraduateJob Schedule Full timeLocations 14647 S 50th St, Phoenix, AZ, 85044, US (Remote)