Loss Mitigation Specialist Jobs Near Me, Salary, Career, Resume

Just in case you wish to be a Loss Mitigation Specialist, here’re the quick reactions on the frequently-questioned questions. Exactly what are the principal tasks of Loss Mitigation Specialist? There’re lots of responsibilities that Loss Mitigation Specialist usually is predicted to perform, but the most important are definitely the following – to Assist in creating PowerPoint decks for clients to present buy recommendations for clients., Execute daily operations of reviewing and processing default and non default loans by using AS400 system., Inform analyst of any additional information given by the customer or authorize party via MSP and instant messaging., Maintain all reports and records for all modifications, short sales and REO properties as well as foreclosures. and Educate homeowners to determine feasibility of completing loan modifications on FHLMC loans to help them retain their homes..

Exactly what are my first methods to become a Loss Mitigation Specialist? Like for all professions, the first crucial factor is education and learning. Regarding Loss Mitigation Specialist, there’re exciting experiments regarding schooling.

Loss Mitigation Specialist Jobs Near Me

American Express Company
Phoenix, AZ
 ...repayment programs and taking actions to mitigate risk to the company. The GCC Client...  ...Solutions team manages portfolio-based loss mitigation and collection efforts and serves...
Gateway First Bank
Tulsa, OK
 ...Job Description Jenks,OK: Mortgage Loss Mitigation Closing Specialist JOB SUMMARY: The Loss Mitigation Closing Specialist is responsible for guiding and assisting customers through t...
Selene Finance LP
Dallas, TX
 ...seek in all of our employees. If you want to make a difference, Selene is the place for you! Position Summary: The Loss Mitigation Specialist acts as the Single Point of Contact (SPOC) a...
LHH
Virginia
 ...for middle-income Americans. They are looking to bring on a Loss Mitigation Professional immediately . They are currently seeking support...  ...a 6+ month long or more opportunit...

Loss Mitigation Specialist Career Path

Top Careers Before Loss Mitigation Specialist

Can I progress up the occupation ladder as being a Loss Mitigation Specialist? Odds are, really around 19.2, that step one of your own profession step ladder as a Loss Mitigation Specialist can be a positon of an Customer Service Representative. After getting some practical experience, you may be a Collector with the opportunity of 8.6. As well as over time there is a opportunity to become Loan Officer though 6.5 will ever succeed for that stage.

Top Careers After Loss Mitigation Specialist

Sometimes the experienced Loss Mitigation Specialists want to alter their position. Moving up the profession, 13.5% of which works as an Customer Service Representative, 12.2% transfer for the Underwriter tasks and 8.3% choose to become Loan Processor.

Loss Mitigation Specialist Remote Jobs

Should you be seeking a remote task as being a Loss Mitigation Specialist, you will be blessed when you have accessed the proper segment. Right here you will find interesting job gives for your Loss Mitigation Specialist situation. Should you be interested in any vacancy, you may react to it.

Workway
Coppell, TX
 ...across the country to place exceptional candidates. We are looking for a Loss Mitigations Manager responsible for managing a team of Mortgage Supervisors and their staff of Loss Mitigation...
loanDepot
Dallas, TX
 ...— We are America’s Lender. Position Summary: Responsible for managing a team of 1-3 Loss Mitigation Leads, 8-10 Loss Mitigation agents including Opener, Closers, Specialists, Underwrite...
Aston Carter
Plano, TX
 ...Job Description Description: The Loss Mitigation Specialist will be the liaison between the Customer and Internal Departments including Escrow, Foreclosure, Bankruptcy, Cashiering and o...
Cars and Credit Master
Dallas, TX
CCM Finance is rapidly growing! We are currently seeking (2) new openings for a Recovery Agent (official title is Loss Mitigation Specialist). COMPENSATION: $17.00 to $19.00 hourly (based on expe...

Average Salary for a Loss Mitigation Specialist

Average Salary

$40,000

Exactly what is the regular wage? The Loss Mitigation Specialist in the us makes $40000 each year on average. Regarding on an hourly basis shell out, it is $19.23. With regards to diverse amounts, here we now have these wage levels. If you’re a younger professional, you will gain around 32000% annually and when you belong to 10% of substantial-type experts, you can make 52000%.

The Bottom 10% - $32,000
The Average Salary - $40,000
The Top 10% - $52,000

How much do Loss Mitigation Specialist make in different industries?

1. Finance
$39,493
Avg.Salary

Vacancies List From Industries

Are there any openings for Loss Mitigation Specialist? When your Loss Mitigation Specialist queries haven’t been productive, we are here for help. Listed below, you will find a list of openings which include remote and part time careers. Take a look at all present propositions in the marketplace. In this article you can find out all the Loss Mitigation Specialist openings from distinct employers using the standard details, capabilities specifications, operating situations the business has and salary prices.

DriveTime
Mesa, AZ
 ...Job Description Bridgecrest Needs a Loss Mitigation Manager! Headquartered in Tempe, Arizona, DriveTime is the largest privately owned used car sales and finance company in the country (...
S3 Shared Service Solutions, LLC
Linthicum, MD
 ...Job Description SUMMARY This position will process loss mitigation applications in a shared service environment. The primary goal is to effect loss mitigation efforts on CU Loans.  S3...
Selene Finance
Dallas, TX
 ...transform mortgage servicing and help preserve home ownership throughout the United States. Position Summary: The Manager of Loss Mitigation (Default Asset) manages a team of Mortgage S...
Selene Finance
Dallas, TX
 ...employees. If you want to make a difference, then Selene Finance is the place for you! Position Summary: The Supervisor - Loss Mitigation is primarily responsible for managing a team of a...

Which Companies Pay Loss Mitigation Specialist The Most?

What companies provide the very best salaries? In accordance with the government work data, at Federal Home Loan Mortgage Loss Mitigation Specialists earn the maximum income, $66660 to get precise. Furthermore, this sort of companies as Verisk Analytics and IEM also can supply decent salary like $46537 and $43899 correspondingly.

1. Federal Home Loan Mortgage
$58,000 - $76,000
$66,660
Avg.Salary
2. Verisk Analytics
$40,000 - $53,000
$46,537
Avg.Salary
3. IEM
$39,000 - $49,000
$43,899
Avg.Salary
4. ICF
$35,000 - $45,000
$40,194
Avg.Salary
5. America First Credit Union
$34,000 - $45,000
$39,471
Avg.Salary
6. Eagle Bancorp Montana
$34,000 - $41,000
$37,800
Avg.Salary
7. Flagstar Bank
$35,000 - $38,000
$37,031
Avg.Salary
8. Computershare
$34,000 - $39,000
$36,496
Avg.Salary
9. Citizens Financial Group
$34,000 - $37,000
$36,069
Avg.Salary
10. Commerce Bancshares
$33,000 - $37,000
$35,562
Avg.Salary
The largest raises come from changing jobs.
See what’s out there.
Search jobs

Best States for a Loss Mitigation Specialist

With regards to the states, in which carry out the Loss Mitigation Specialists may make far more? By far the most lucrative states for that Loss Mitigation Specialist are New Jersey, Alaska, Maryland, Virginia, and Georgia. The typical earnings rates for Loss Mitigation Specialist in New Jersey using the inhabitants of 9005644 is equal to $52255 together with the lowest prices starting with $34000 while the top experts receiving as much as $79000.

1. New Jersey
Highest 10% Earn: $79,000
$52,255
Avg.Salary
2. Alaska
Highest 10% Earn: $57,000
$50,748
Avg.Salary
3. Maryland
Highest 10% Earn: $71,000
$47,305
Avg.Salary
4. Virginia
Highest 10% Earn: $72,000
$48,386
Avg.Salary
5. Georgia
Highest 10% Earn: $60,000
$41,876
Avg.Salary
6. District of Columbia
Highest 10% Earn: $74,000
$49,001
Avg.Salary
7. New York
Highest 10% Earn: $65,000
$43,193
Avg.Salary
8. Connecticut
Highest 10% Earn: $69,000
$46,683
Avg.Salary
9. Rhode Island
Highest 10% Earn: $63,000
$43,337
Avg.Salary
10. Massachusetts
Highest 10% Earn: $63,000
$44,622
Avg.Salary
11. Pennsylvania
Highest 10% Earn: $60,000
$39,972
Avg.Salary
12. Wyoming
Highest 10% Earn: $47,000
$36,809
Avg.Salary
13. Vermont
Highest 10% Earn: $53,000
$40,353
Avg.Salary
14. Washington
Highest 10% Earn: $52,000
$42,054
Avg.Salary
15. North Dakota
Highest 10% Earn: $48,000
$36,670
Avg.Salary
16. Texas
Highest 10% Earn: $53,000
$37,775
Avg.Salary
17. Wisconsin
Highest 10% Earn: $53,000
$38,294
Avg.Salary
18. Michigan
Highest 10% Earn: $55,000
$38,158
Avg.Salary
19. North Carolina
Highest 10% Earn: $54,000
$37,688
Avg.Salary
20. Indiana
Highest 10% Earn: $53,000
$37,770
Avg.Salary
21. Colorado
Highest 10% Earn: $50,000
$38,398
Avg.Salary
22. Nevada
Highest 10% Earn: $51,000
$36,676
Avg.Salary
23. Illinois
Highest 10% Earn: $55,000
$39,630
Avg.Salary
24. Hawaii
Highest 10% Earn: $50,000
$37,704
Avg.Salary
25. Mississippi
Highest 10% Earn: $55,000
$38,710
Avg.Salary
26. New Mexico
Highest 10% Earn: $49,000
$35,941
Avg.Salary
27. Iowa
Highest 10% Earn: $47,000
$35,088
Avg.Salary
28. Delaware
Highest 10% Earn: $55,000
$36,186
Avg.Salary
29. California
Highest 10% Earn: $59,000
$41,820
Avg.Salary
30. New Hampshire
Highest 10% Earn: $52,000
$37,985
Avg.Salary
31. Minnesota
Highest 10% Earn: $51,000
$37,870
Avg.Salary
32. Louisiana
Highest 10% Earn: $52,000
$36,089
Avg.Salary
33. Florida
Highest 10% Earn: $53,000
$35,572
Avg.Salary
34. Montana
Highest 10% Earn: $45,000
$35,786
Avg.Salary
35. South Carolina
Highest 10% Earn: $53,000
$37,042
Avg.Salary
36. Oregon
Highest 10% Earn: $44,000
$35,140
Avg.Salary
37. Kentucky
Highest 10% Earn: $50,000
$35,982
Avg.Salary
38. Utah
Highest 10% Earn: $42,000
$31,875
Avg.Salary
39. Kansas
Highest 10% Earn: $44,000
$32,920
Avg.Salary
40. Tennessee
Highest 10% Earn: $49,000
$34,809
Avg.Salary
41. Alabama
Highest 10% Earn: $48,000
$33,728
Avg.Salary
42. Idaho
Highest 10% Earn: $41,000
$32,570
Avg.Salary
43. Arizona
Highest 10% Earn: $42,000
$31,141
Avg.Salary
44. Nebraska
Highest 10% Earn: $41,000
$31,334
Avg.Salary
45. Oklahoma
Highest 10% Earn: $46,000
$33,797
Avg.Salary
46. Arkansas
Highest 10% Earn: $44,000
$31,772
Avg.Salary
47. Missouri
Highest 10% Earn: $43,000
$32,356
Avg.Salary
48. West Virginia
Highest 10% Earn: $47,000
$32,565
Avg.Salary
49. Maine
Highest 10% Earn: $42,000
$32,685
Avg.Salary
50. Ohio
Highest 10% Earn: $45,000
$31,375
Avg.Salary
51. South Dakota
Highest 10% Earn: $36,000
$27,789
Avg.Salary

How Much Do Loss Mitigation Specialist Earn In Different Cities?

1. Chicago
$33,000 - $47,000
$39,717
Avg.Salary
2. Houston
$31,000 - $46,000
$38,456
Avg.Salary
3. Troy
$31,000 - $46,000
$38,295
Avg.Salary
4. Des Moines
$30,000 - $40,000
$35,070
Avg.Salary

Loss Mitigation Specialist salaries by years of experience

Entry Level $30,386
Mid Level $40,000
Senior Level $54,762
Job Type You Want
Full time
Part time
Temporary

Loss Mitigation Specialist salary history

How offers the income altered over time? Let’s go ahead and take 2010 and 2021 yrs. Within this length of time, the salary level has grown by $6852: in 2010, it had been $34076 in 2021, it started to be $40928.

2010 - $34,076
2011 - $34,803
2012 - $35,156
2013 - $35,576
2014 - $36,269
2015 - $36,906
2016 - $37,405
2017 - $38,292
2018 - $39,133
2019 - $40,167
2020 - $40,144
2021 - $40,928

Remote Jobs

Should you be seeking a remote task as being a Loss Mitigation Specialist, you will be blessed when you have accessed the proper segment. Right here you will find interesting job gives for your Loss Mitigation Specialist situation. Should you be interested in any vacancy, you may react to it.

Valley Bank
Wayne, NJ
 ...The Loss Mitigation Specialist will work with customers to review alternatives to foreclosure. Encourage loan workouts, payment plans, forbearance, modifications, short sales and deed in lieu...
CyberCoders
Greenville, SC
 ...Job Description Loss Mitigation Underwriter If you are a DE Underwriter - Mortgage with experience, please continue reading. We are one of America's Top 5 non-bank servicers of residen...
Tri State Restorations, LLC
Clarksburg, MD
 ...Restorations, LLC® is expanding again! We’re looking for a Large Loss Mitigation Account Executive with commercial experience. Come work for...  ...operated commercial and residenti...
Stanford Federal Credit Union
Palo Alto, CA
 ...Job Description    Manager of Collections & Loss Mitigation Opportunity at Stanford Federal Credit Union!   We’re on a mission to improve financial lives!   If you’re a high-energy, com...

Loss Mitigation Specialist salary history

How to write a Loss Mitigation Specialist Resume

How offers the income altered over time? Let’s go ahead and take 2010 and 2021 yrs. Within this length of time, the salary level has grown by $6852: in 2010, it had been $34076 in 2021, it started to be $40928.

Professional Summary (Objective)

As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a computer technician can determine their career goals through the career progression.

For example, they could start out with a role such as technical support specialist, progress to a title such as systems administrator and then eventually end up with the title information technology manager.

Skills

As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a computer technician can determine their career goals through the career progression.

For example, they could start out with a role such as technical support specialist, progress to a title such as systems administrator and then eventually end up with the title information technology manager.

Customer Service
Financial Statements
Loan Modifications
Foreclosure
Outbound Calls
Loss Mitigation Options
Payment Plans
Company Policies
Loan Portfolio
Delinquent Accounts
MSP
Credit Reports
FHA
Deed-In-Lieu
Tax Returns
Fannie MAE
Fdcpa
Investor Guidelines
Real Estate
External Customers

Part-Time Jobs

We have now launched a special area for people who search for a part time career of the Loss Mitigation Specialist. Like the previous parts, it contains all important information in regards to the employer, needed expertise, doing work situations, and salaries.

PenFed Credit Union
Eugene, OR
 ...better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family. PenFed is hiring a Loss Mitigation Support Representative at our Alexandria, V...
Eastern Bank
Lynn, MA
 ...The Default Management Department is seeking an Assistant Vice President Loss Mitigation Analyst. Major responsibilities include but are not limited to: Must work independently t...
First Financial Federal Credit Union of Maryland
Maryland
 ...Job Description   Job Title:  Collections & Loss Mitigation Manager Department:  Collections   Function: Manages operational effort to minimize loan losses for consumer and mortgage...
The RealReal
Newport Beach, CA
 ...This position will report to the Loss Prevention Manager. Key areas of responsibility include overseeing security, loss prevention, and general wellbeing for facilities, employees, and client...

Loss Mitigation Specialist Demographics

Gender

Who operates because the Loss Mitigation Specialist regarding sex? Once we look at the typical sex analysis, we will notice that female are comprising 58.5% of the tasks circulation cake. Concerning male, their part is calculated as 37.2%.

Female 58.5%
Male 37.2%
Unknown 4.3%

Ethnicity

As for the ethnic background, right here, the White master together with the part of 59.2% followed by the Hispanic or Latino (20.6%), Black or African American (13.2%) and Asian (3.9%) ethnic groups.

White 59.2%
Hispanic or Latino 20.6%
Black or African American 13.2%
Asian 3.9%
Unknown 2.4%
American Indian and Alaska Native 0.6%