Loss Mitigation Underwriter (Remote)

Welcome to First American, where we are committed to helping our clients navigate the complex world of real estate and homeownership. We are currently seeking a skilled and experienced Loss Mitigation Underwriter to join our team on a remote basis. In this role, you will play a crucial role in protecting our company from financial losses by carefully evaluating and underwriting loan modification requests. We are looking for a detail-oriented and analytical individual with a strong understanding of mortgage underwriting guidelines and regulations. If you are passionate about mitigating risk and helping borrowers find sustainable solutions, we would love to hear from you. Join us at First American and make a meaningful impact in the world of homeownership.

1. Evaluate and underwrite loan modification requests to mitigate risk and protect the company from financial losses.
2. Follow established underwriting guidelines and regulations to ensure compliance and accuracy in all evaluations.
3. Work remotely to efficiently and effectively review and process a high volume of loan modification requests.
4. Maintain a thorough understanding of mortgage underwriting guidelines and regulations to make informed decisions.
5. Communicate with borrowers, loan officers, and other internal and external stakeholders to gather necessary information and provide updates on the status of loan modifications.
6. Collaborate with other team members to identify and implement process improvements to increase efficiency and accuracy.
7. Conduct thorough reviews of borrower financial documents, credit reports, and other relevant information to determine eligibility for loan modifications.
8. Analyze borrower financial situations and make informed decisions on the best course of action for both the borrower and the company.
9. Provide guidance and support to other team members, such as loan processors, on complex loan modification cases.
10. Stay up-to-date on industry developments and changes in mortgage underwriting guidelines to ensure compliance and make informed decisions.
11. Maintain accurate and organized records of loan modification evaluations and decisions.
12. Uphold the company's commitment to providing exceptional customer service by ensuring timely and professional communication with all stakeholders.
13. Continuously strive for excellence in underwriting by seeking out opportunities for professional development and staying informed of industry best practices.
14. Contribute to a positive and collaborative work environment by actively participating in team meetings and providing support to colleagues when needed.

According to JobzMall, the average salary range for a Loss Mitigation Underwriter (Remote) in South Carolina, USA is $53,000 - $80,000 per year. This range may vary based on factors such as experience, location, and company.

First American Financial Corporation provides comprehensive title insurance protection and professional settlement services for homebuyers and sellers, real estate agents and brokers, mortgage lenders, commercial property professionals.