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Loan Modification Jobs (NOW HIRING)

Peoples Bank

Credit Administrator

Marietta, OH · On-site

Independently manage the loan modification review process, apply sound judgement to interpret credit approvals, assess policy and regulatory alignment and present findings to senior leadership and ...

Peoples Bank

Credit Administrator

Beachwood, OH · On-site

Independently manage the loan modification review process, apply sound judgement to interpret credit approvals, assess policy and regulatory alignment and present findings to senior leadership and ...

Peoples Bancorp (OH)

Credit Administrator

Marietta, OH · On-site

Independently manage the loan modification review process, apply sound judgement to interpret credit approvals, assess policy and regulatory alignment and present findings to senior leadership and ...

Dexian

Documentation Credit Analyst

Columbus, OH · On-site

The PLP Modification Documentation Analyst is responsible for reviewing approved credit requests and preparing accurate, compliant loan modification documentation for the Professional Loan Program.

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 ...

Peoples Bank

Credit Administrator

Lexington, KY · On-site

Independently manage the loan modification review process, apply sound judgement to interpret credit approvals, assess policy and regulatory alignment and present findings to senior leadership and ...

Peoples Bank

Credit Administrator

Bowling Green, KY · On-site

Independently manage the loan modification review process, apply sound judgement to interpret credit approvals, assess policy and regulatory alignment and present findings to senior leadership and ...

aldridgepite

MOTIONS Processor

Honolulu, HI

Purpose Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims ...

aldridgepite

MOTIONS Processor

Atlanta, GA · On-site

Purpose Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims ...

aldridgepite

MOTIONS Processor

Atlanta, GA · On-site

Purpose Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims ...

aldridgepite

MOTIONS Processor

Atlanta, GA · On-site

Purpose Preparation, Processing and Filing Motions, Orders, Notice of Hearing, Adequate Protection Orders, Response to Motions to Sell, Motions to Approve Loan Modification/Deferrals/Partial Claims ...

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Loan Modification information

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How much do loan modification jobs pay per hour?

As of Sep 1, 2026, the average hourly pay for loan modification in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What is a loan modification?

A loan modification is a change made to the terms of an existing loan by a lender, usually to help a borrower who is struggling to make payments. This process can involve reducing the interest rate, extending the length of the loan, or changing the type of loan. The goal is to make the monthly payments more affordable for the borrower while allowing the lender to avoid foreclosure. Loan modifications are common in cases of financial hardship and are often used for mortgages.

What are some common challenges faced by loan modification specialists, and how can they be addressed?

Loan Modification Specialists often navigate complex borrower situations, tight regulatory requirements, and strict deadlines. A major challenge is balancing the needs of distressed borrowers with lender policies while ensuring compliance with relevant laws. Developing strong communication skills, staying updated on industry regulations, and leveraging internal resources or team expertise can help overcome these challenges. Building rapport with borrowers and collaborating closely with underwriters and legal teams also streamlines the process and leads to better outcomes.

What is the difference between Loan Modification vs Loan Processor?

AspectLoan ModificationLoan Processor
Primary RoleNegotiate and modify existing loan terms to assist borrowersEvaluate, process, and verify loan applications for approval
Required CredentialsKnowledge of loan programs, financial analysis, sometimes licensingKnowledge of lending policies, credit analysis, often licensing
Work EnvironmentOffice-based, financial institutions, borrower interactionOffice-based, financial institutions, document review
Industry UsageFinancial services, mortgage companiesMortgage lenders, banks

While both roles operate within the mortgage and lending industry, a Loan Modification specialist focuses on renegotiating existing loans to help borrowers avoid foreclosure, whereas a Loan Processor handles the initial application review and approval process. Understanding these differences helps borrowers and employers identify the right professional for their needs.

More about Loan Modification jobs

What cities are hiring for Loan Modification jobs?

Cities with the most Loan Modification job openings:

What states have the most Loan Modification jobs?

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

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Loan Modification jobs near you
Infographic showing various Loan Modification job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 13% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Loss Mitigation Post Closing Coordinator, I

Carrington Holding Company, LLC

Orange, CA • On-site

$20.50 - $22/hr

Full-time

Medical, Retirement

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

Job description

Come join our amazing team and work on-site in Orange, CA!

The Loss Mitigation Post Closing Coordinator I will be responsible for receipt, monitoring, and delivery of modification collateral documents to appropriate agencies (FHA, VA, USDA), Collateral Department, and Custodian. Ensure compliance in conjunction with HAMP, FHA, VA, USDA, and Ginnie Mae document fulfillment requirements for Loan Modifications, Partial Claims, and Mortgage Recovery Advances (MRA). Assists with clearing title issues related to Partial Claims. Provide reporting as requested by Manager/Supervisor on loan status. 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 Target Pay Range for this position is $20.50 to $22.00.

What you'll do:

  • Receive, review, and assign modification documents to the Post Closing Representatives.
  • Monitor receipt and delivery of applicable Loan Modification documents to appropriate agencies for recording and collateral requirements.
  • Work with third party vendors to track recording timelines.
  • Ensure collateral documents are properly executed and delivered timely to the Collateral Department and/or custodian.
  • Serve as witness to loan modification documents.
  • Perform other duties, assignments, and special projects as needed.

What you'll need: 

  • High school diploma or equivalent work experience.
  • One (1) or more years' mortgage experience preferred
  • Intermediate skills in Microsoft Suite - Word, Excel, etc.
  • Ability to understand, remember, and apply oral and/or written instructions or other information.
  • Ability to understand, remember, and communicate routine, factual information.
  • Ability to make decisions that have moderate impact on the immediate work unit.
  • Ability to organize thoughts and ideas into understandable terminology.
  • Ability to organize and prioritize own work schedule on short-term basis (longer than one month)
  • Ability to add subtract, multiply, divide and to record, balance, and check results for accuracy.

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: www.carringtonmortgage.com.

What 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.

https://oag.ca.gov/privacy/ccpa

 Notice to all applicants: Carrington does not do interviews or make offers via text or chat. 

Apply