ZipRecruiter

Log In

2

Entry Level Mortgage Loan Modification Jobs (NOW HIRING)

Olympian Mortgage

Be Seen First

Experienced Mortgage Loan Officer in Troy, MI

Troy, MI · On-site

$100K - $250K/yr

Mortgage Loan Officer - $100K-$250K+ | Training + Leads Provided We are hiring motivated individuals to become Mortgage Loan Officers and build a career in high-income mortgage sales , including ...

Olympian Mortgage

Be Seen First

Entry Level Mortgage Loan Officer Assistant in Troy, MI

Troy, MI · On-site

$100K - $250K/yr

Entry Level Loan Officer Assistant - $100K-$250K+ | Training + Leads Provided We are hiring motivated individuals to become Mortgage Loan Officers and build a career in high-income mortgage sales ...

Olympian Mortgage

Be Seen First

Experienced Mortgage Loan Officer in Troy, MI

Sterling Heights, MI · On-site

$100K - $250K/yr

Experienced Mortgage Loan Officer - $100K-$250K+ | Training + Leads Provided We are hiring motivated individuals to become Mortgage Loan Officers and build a career in high-income mortgage sales ...

My Mortgage, Inc

Mortgage Loan Originator

OR · On-site +1

At My Mortgage, Inc., we are growing. Here at MMI we pride ourselves in our culture, process, and ... modification of requested loan. * Approves or, when outside pre-approved lending limits, refers ...

Community 1 Lending

Mortgage Loan Partner

Troy, MI · On-site

$100K - $200K/yr

Mortgage Loan Partner - Detroit, MI (Onsite in Troy, Michigan) Full Time Entry Level About the Role: We're looking for a motivated and detail-oriented Mortgage Loan Partner / Loan Officer Assistant ...

DHI Mortgage

Mortgage Loan Originator

Hoover, AL · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Mortgage Loan Originator for their Financial Services ...

DHI Mortgage

Mortgage Loan Originator

Richmond, TX · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Horton, Inc. is currently looking for a Mortgage Loan Originator for their Financial Services ...

next page

Showing results 1-20

All JobsMortgage Loan Modification JobsEntry Level Mortgage Loan Modification Jobs

Entry Level Mortgage Loan Modification information

See salary details

$28.5K

$50.9K

$94.5K

How much do entry level mortgage loan modification jobs pay per year?

As of Jul 27, 2026, the average yearly pay for entry level mortgage loan modification in the United States is $50,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $55,000.00 per year, depending on experience, location, and employer.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 0.5% to 1% of the loan value. For a $500,000 mortgage, this could translate to $2,500 to $5,000 in commissions or fees, depending on the lender and specific compensation structure. Entry-level loan officers may earn less, with total compensation also including base salary and bonuses.

Will MLO be replaced by AI?

Mortgage Loan Officers (MLOs) play a key role in guiding clients through loan modifications and approvals. While AI can assist with data analysis and automate routine tasks, it is unlikely to fully replace MLOs, as their expertise in customer service, negotiation, and complex decision-making remains essential in the mortgage industry.

What are the key skills and qualifications needed to thrive as an Entry Level Mortgage Loan Modification Specialist, and why are they important?

To thrive as an Entry Level Mortgage Loan Modification Specialist, you generally need a basic understanding of mortgage processes, financial analysis, and a high school diploma or equivalent. Familiarity with loan servicing software, CRM systems, and document management tools is typically required, and some employers may prefer candidates with FHA or HUD certifications. Strong attention to detail, problem-solving abilities, and effective communication skills help professionals stand out when assisting clients and collaborating with team members. These competencies ensure accurate loan modification processing, regulatory compliance, and positive client experiences.

What jobs pay 4000 a week without a degree?

Entry-level mortgage loan modification roles typically do not pay $4,000 a week; such high earnings usually require advanced experience or specialized skills. Jobs that can pay this amount without a degree are rare and often involve sales, real estate, or entrepreneurial ventures where income depends on performance and commissions. High-paying roles without a degree generally demand strong communication skills, industry knowledge, or certification rather than formal education.

What is the 3 7 3 rule in mortgage?

The 3-7-3 rule in mortgage loan modification refers to a guideline where lenders aim to reduce the borrower's interest rate by 3%, extend the loan term to 37 years, and lower the monthly payment to 73% of the original payment. This rule helps borrowers avoid foreclosure by making their mortgage more affordable. Entry level mortgage loan modification specialists may use this guideline when assisting clients with loan adjustments.

What is an entry level mortgage loan modification specialist?

An entry level mortgage loan modification specialist is a professional who assists homeowners in changing the terms of their existing mortgage loans to make payments more manageable. They review applicants’ financial situations, gather necessary documentation, and work with lenders to adjust interest rates, loan terms, or monthly payments. These specialists typically interact with clients directly and serve as liaisons between borrowers and lenders. This role is designed for individuals new to the mortgage industry, often providing on-the-job training and opportunities to learn about mortgage processes.

What are some common challenges faced by entry-level mortgage loan modification specialists, and how can I prepare for them?

Entry-level mortgage loan modification specialists often encounter challenges such as managing a high volume of cases, navigating complex loan documentation, and communicating effectively with borrowers who may be under financial stress. To prepare, it's helpful to develop strong organizational skills, attention to detail, and empathetic communication techniques. Familiarizing yourself with mortgage industry regulations and basic financial documentation can also make the onboarding process smoother and help you provide better service to both clients and your team.
What cities are hiring for Entry Level Mortgage Loan Modification jobs? Cities with the most Entry Level Mortgage Loan Modification job openings:
What are the most commonly searched types of Mortgage Loan Modification jobs? The most popular types of Mortgage Loan Modification jobs are:
What states have the most Entry Level Mortgage Loan Modification jobs? States with the most job openings for Entry Level Mortgage Loan Modification jobs include:
Entry Level Mortgage Loan Modification jobs near you
Mortgage Loan Modification Specialist

Mortgage Loan Modification Specialist

Idaho Housing and Finance Association

Boise, ID • On-site

Full-time

Posted 16 days ago

Job description

Description:

WE ARE HIRING!

We are seeking a organized and proactive Loan Modification Specialist to join our team. As a Loan Modification Specialist, you will be responsible for preparing, processing, and executing mortgage loan modifications, partial claims, and deferments in accordance with investor, agency, and state-specific guidelines. This role will help facilitate sustainable retention solutions and support our commitment to excellent customer service.


In This Role, You Will:

  • Prepare, review, and process mortgage loan modification applications, partial claims, and deferments
  • Ensure all documentation and submissions comply with investor, agency, and state-specific guidelines
  • Work with legal counsel, title companies, and internal departments to ensure accurate documentation and compliance with regulatory requirements
  • Track and report on loan modification department pipeline
  • Analyze financial information, payment processing, and transactions, to determine eligibility and appropriate modification options
  • Other job duties as assigned

Join our team and be part of a company dedicated to helping homeowners navigate financial challenges, improving the lives and strengthening Idaho communities. Join us and be part of a professional and mission-driven organization that makes a meaningful impact on the lives of Idahoans.

Requirements:
  • 6+ months experience in residential real estate lending, residential loan processing, loan closing, loan servicing or a combination of education and experience in related fields
  • Proven experience in mortgage loan modifications, loss mitigation, or related roles, preferred
  • Excellent communication and interpersonal skills to effectively liaise with clients and stakeholders
  • Detail-oriented with strong organizational and time management abilities

Apply