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Loan Modification Negotiator Jobs (NOW HIRING)

Guild

Loan Modification Coordinator

$27.36 - $45.59/hr

Position Summary The Loan Modification Coordinator is responsible for overseeing the end-to-end ... or negotiating rates or terms of a mortgage loan with the consumer, soliciting, arranging or ...

Guild Mortgage Company

$57 - $95/hr

Position Summary The Loan Modification Coordinator is responsible for overseeing the end-to-end ... or negotiating rates or terms of a mortgage loan with the consumer, soliciting, arranging or ...

M&T Bank

Loss Mitigation Underwriter I

Getzville, NY · On-site

$20.55 - $34.25/hr

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options. Primary Responsibilities: * Understand investor's waterfall and required ...

M&T Bank

Loss Mitigation Underwriter I

Getzville, NY · On-site

$20.55 - $34.25/hr

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options. Primary Responsibilities: * Understand investor's waterfall and required ...

M&T Bank

Loss Mitigation Underwriter I

Getzville, NY · On-site

$20.55 - $34.25/hr

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options. Primary Responsibilities: * Understand investor's waterfall and required ...

M&T Bank

Loss Mitigation Underwriter I

Getzville, NY · On-site

$20.55 - $34.25/hr

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options. Primary Responsibilities: * Understand investor's waterfall and required ...

M&T Bank

Loss Mitigation Underwriter I

Getzville, NY · On-site

$20.55 - $34.25/hr

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options. Primary Responsibilities: * Understand investor's waterfall and required ...

M&T Bank

Loss Mitigation Underwriter I

Getzville, NY · On-site

$20.55 - $34.25/hr

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options. Primary Responsibilities: * Understand investor's waterfall and required ...

M&T Bank

Loss Mitigation Underwiter III

Getzville, NY · On-site

$26 - $43.34/hr

This position submits loan modification workups and reviews appeal requests for loans where loss mitigation has been denied. This position will also be responsible for preparing loans for foreclosure ...

M&T Bank

Loss Mitigation Underwiter III

Getzville, NY · On-site

$26 - $43.34/hr

This position submits loan modification workups and reviews appeal requests for loans where loss mitigation has been denied. This position will also be responsible for preparing loans for foreclosure ...

M&T Bank

Workout Specialist II

Getzville, NY · On-site

$62K - $103K/yr

Responsible for managing portfolio of defaulted Commercial relationships to implement timely workout, negotiation, forbearance, loan modification, repossession, or legal action required to secure the ...

M&T Bank

Workout Specialist II

Getzville, NY · On-site

$62K - $103K/yr

Responsible for managing portfolio of defaulted Commercial relationships to implement timely workout, negotiation, forbearance, loan modification, repossession, or legal action required to secure the ...

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Loan Modification Negotiator information

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$8

$38

$70

How much do loan modification negotiator jobs pay per hour?

As of Sep 6, 2026, the average hourly pay for loan modification negotiator in the United States is $38.10, according to ZipRecruiter salary data. Most workers in this role earn between $23.80 and $45.19 per hour, depending on experience, location, and employer.

What is a loan modification negotiator?

Loan modification negotiators are professionals who work with borrowers and lenders to restructure existing loan terms, typically to help homeowners avoid foreclosure. They negotiate changes such as lower interest rates, extended loan periods, or reduced monthly payments to make the loan more affordable for the borrower. These negotiators assess the borrower's financial situation, prepare required documentation, and act as intermediaries to facilitate agreements that benefit both parties. Their goal is to find a mutually acceptable solution that keeps the borrower in their home while ensuring the lender recoups their investment.

What are the key skills and qualifications needed to thrive as a loan modification negotiator?

To thrive as a Loan Modification Negotiator, you need a solid understanding of mortgage lending, loan workout processes, and relevant financial regulations, often supported by experience in banking or real estate. Proficiency with loan servicing platforms, document management systems, and sometimes certification in mortgage or credit counseling are commonly required. Strong negotiation, problem-solving, and interpersonal communication skills help you effectively mediate solutions between lenders and borrowers. These competencies ensure successful resolution of delinquent loans, minimize financial losses, and support homeowners through challenging circumstances.

What are some common challenges faced by loan modification negotiators, and how can they be effectively managed?

Loan Modification Negotiators frequently encounter challenges such as navigating complex borrower financial situations, managing tight deadlines, and communicating between borrowers and lenders with differing priorities. To manage these effectively, strong organizational skills, attention to detail, and clear, empathetic communication are essential. Building a thorough understanding of loan products and modification programs also helps negotiators advocate for workable solutions, ensuring a smoother process for all parties involved.

What is the difference between Loan Modification Negotiator vs Loan Processor?

AspectLoan Modification NegotiatorLoan Processor
CredentialsTypically requires knowledge of mortgage laws, negotiation skills, and sometimes licensingRequires understanding of loan documents, credit analysis, and documentation skills
Work EnvironmentMostly office-based, interacting with clients and lendersOffice setting, reviewing and verifying loan documents
Employer & IndustryMortgage companies, banks, loan modification firmsBanks, credit unions, mortgage lenders
Search & Comparison IntentUnderstanding roles in mortgage modification and negotiationLoan processing procedures and responsibilities

The Loan Modification Negotiator focuses on negotiating terms to modify existing loans, often requiring negotiation skills and mortgage knowledge. In contrast, a Loan Processor handles the paperwork and documentation needed to approve loans. Both roles are essential in the mortgage industry but serve different functions in the loan lifecycle.

More about Loan Modification Negotiator jobs

What states have the most Loan Modification Negotiator jobs?

States with the most job openings for Loan Modification Negotiator jobs include:

What job categories do people searching Loan Modification Negotiator jobs look for?

The top searched job categories for Loan Modification Negotiator jobs are:

Loan Modification Negotiator jobs near you
Infographic showing various Loan Modification Negotiator job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 17% Part Time, 4% Contract, and 1% Nights. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $79,243 per year, or $38.1 per hour.

Loan Modification Coordinator

Guild

Remote

$27.36 - $45.59/hr

Full-time

Medical, Dental, Vision, Life, Retirement

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm, we are dedicated to serving the homeowner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.
Position Summary
The Loan Modification Coordinator is responsible for overseeing the end-to-end loan modification or payoff process. This role ensures loan modification milestones, workflows, and documentation progress accurately, efficiently, and in compliance with investor, regulatory, and internal requirements. The position serves as the operational owner of the modification lifecycle and acts as the primary liaison across Servicing, Legal, Underwriting, Closing, Post-Closing, and Systems teams.
Essential Functions
  • Manage and oversee the daily execution of the loan modification process from initial review through completion.
  • Ensure loan files progress through Encompass milestones in accordance with established workflow rules and timelines.
  • Review and resolve stalled, delayed, or exception driven modification files.
  • Provide guidance and escalation support to loan modification processors, underwriters, and support staff.
  • Serve as the primary operational point of contact for loan modification activities across Servicing, Legal, Underwriting, Construction/Repair, Closing, and Post-Closing teams.
  • Ensure timely communication of modification terms, approvals, documentation requirements, and execution status.
  • Coordinate execution and receipt of final modification agreements and ensure proper system updates.
  • Analyze workflow inefficiencies and recommend operational, staffing, or system improvements.
  • Develop and maintain process documentation, job aids, and training materials related to loan modification workflows.
  • Support change management efforts tied to system upgrades, policy updates, or investor changes.
  • Ensure all loan modifications comply with applicable investor guidelines, regulatory requirements, and internal policies.
  • Support internal and external audits, regulatory examinations, and investor reviews.
  • Identify process, system, or control gaps and implement corrective actions.
  • Handle internal and external inquiries from borrowers, builders, loan officers, and other parties to the transaction.
  • Ensure proper safeguarding of confidential and proprietary information of consumers and other protected information under the Company's Information Security Policy.
  • Unless properly licensed under the SAFE Act or applicable state laws, and the duties of the position so require, the incumbent will not perform such tasks as taking mortgage applications, offering or negotiating rates or terms of a mortgage loan with the consumer, soliciting, arranging or finding mortgage loans, or counseling consumers about residential mortgage loan rates or terms, as those actions may be defined by applicable laws and regulations.
  • Other job duties as assigned.

Qualifications
  • Education Level: Bachelor's Degree directly related to the position or equivalent, preferred
  • Experience: Minimum five years' experience in a variety of different roles is required.
  • Additional Qualifications:
    • Ability to compute rate, ratio, and percent and to draw and interpret bar graphs, as well as the ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
    • Ability to apply concepts of basic algebra and geometry. Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
  • Company Required Skills:
    • Excellent verbal and written communication skills required.
    • Highly organized and detail-oriented; ability to work in a fast-paced, metrics-driven environment required.
    • Proficiency in Microsoft Office Suite, Word, Excel, Wiki, collaborative cloud-based programs, and third-party software applications required.
  • Commitment to company values:
    • Customer Service - Proactive attention to each person
    • Integrity - Do and say what's right
    • Respect - Treat others with dignity
    • Collaboration - Listen and work together
    • Learning - Seek knowledge and strive for improvement
    • Excellence - Deliver the unexpected

Physical Demands
  • Physical Demands: Work is primarily sedentary; mobility in an office setting.
  • Manual Dexterity: Ability to operate standard office equipment and keyboards
  • Audio/Visual:
    • Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation.
    • Regularly required to accurately perceive, distinguish and interpret information received visually and through audio; e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as well as print and other media.
  • Environmental: Office environment - moderate noise, no substantial exposure to adverse environmental conditions.
  • Travel: 5% or less
  • Mental: Learn new tasks, remember processes, maintain focus, complete tasks independently, and make timely decisions in the context of a workflow.
  • Schedules: Work is primarily performed during the business week, Monday - Friday

Authority Level
  • Job Scope: Responsible for understanding the department/functional area objectives and goals and how own job contributes to achievement of these goals; may contribute insights and ideas on policies, processes, procedures, and efficiency; may recommend changes and enhancements based on analysis and evaluation of circumstances.
  • Complexity: Problems encountered are limited to area/unit and are varied and require investigation, analysis, and review of professional/organizational standards; general precedents may exist to guide resolution.
  • Impact: Decisions and actions have a direct impact on the outcomes of the department, projects, and programs.
  • Interaction/Supervision: Works under broad direction with some latitude for independent actions; guided by professional standards, desired outcomes and unit/project/program specifications.
  • Direct Reports: None
  • Indirect Reports: None

Statement
This document describes the general content and identifies essential functions and requirements for performing this position. It is not intended to be an exhaustive statement of duties, responsibilities, or requirements. Guild Mortgage complies with the ADA and considers reasonable accommodation measures that may be necessary for eligible applicants/employees to perform essential job functions. Employment with Guild Mortgage is "at-will," meaning that either the Company or an employee may terminate the employment relationship at any time, with or without cause, advance notice or stated justification.
Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.
Guild Mortgage Company is an Equal Opportunity Employer.
Target Salary Range: $56,900.00 - $94,833.00
Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant's geographical location.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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