Loss Mitigation Processor
$39K - $54K/yr
... mortgage loans. This position supports the Loss Mitigation department by processing documents ... company policies. Assist in preparing and sending notices of receipt, incomplete application ...
$39K - $54K/yr
... mortgage loans. This position supports the Loss Mitigation department by processing documents ... company policies. Assist in preparing and sending notices of receipt, incomplete application ...
$39K - $54K/yr
... mortgage loans. This position supports the Loss Mitigation department by processing documents ... company policies. Assist in preparing and sending notices of receipt, incomplete application ...
Pontiac, MI · On-site
$39K - $54K/yr
... mortgage loans. This position supports the Loss Mitigation department by processing documents ... company policies. Assist in preparing and sending notices of receipt, incomplete application ...
Pontiac, MI · On-site
$39K - $54K/yr
... mortgage loans. This position supports the Loss Mitigation department by processing documents ... company policies. Assist in preparing and sending notices of receipt, incomplete application ...
Provide sales support and strong communication to customers, processors, and management from loan ... * Assist potential borrowers in identifying and securing a mortgage loan appropriate for ...
Provide sales support and strong communication to customers, processors, and management from loan ... * Assist potential borrowers in identifying and securing a mortgage loan appropriate for ...
Troy, MI · On-site
Provide sales support and strong communication to customers, processors, and management from loan ... * Assist potential borrowers in identifying and securing a mortgage loan appropriate for ...
Troy, MI · On-site
Provide sales support and strong communication to customers, processors, and management from loan ... * Assist potential borrowers in identifying and securing a mortgage loan appropriate for ...
Pontiac, MI · On-site
$39K - $54K/yr
... mortgage loans. This position supports the Loss Mitigation department by processing documents ... • Assist in preparing and sending notices of receipt, incomplete application letters, and ...
Pontiac, MI · On-site
$39K - $54K/yr
... mortgage loans. This position supports the Loss Mitigation department by processing documents ... • Assist in preparing and sending notices of receipt, incomplete application letters, and ...
Livonia, MI · On-site
... * Assist borrowers with purchase and refinance mortgage financing What We Provide * Qualified purchase lead opportunities * Dedicated processing and operations support * Experienced leadership ...
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Livonia, MI · On-site
... * Assist borrowers with purchase and refinance mortgage financing What We Provide * Qualified purchase lead opportunities * Dedicated processing and operations support * Experienced leadership ...
$39K - $54K/yr
Update and maintain loan servicing systems with accurate and timely information. * Ensure ... * Assist in preparing and sending notices of receipt, incomplete application letters, and ...
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$39K - $54K/yr
Update and maintain loan servicing systems with accurate and timely information. * Ensure ... * Assist in preparing and sending notices of receipt, incomplete application letters, and ...
$39K - $54K/yr
Update and maintain loan servicing systems with accurate and timely information. * Ensure ... * Assist in preparing and sending notices of receipt, incomplete application letters, and ...
Quick apply
$39K - $54K/yr
Update and maintain loan servicing systems with accurate and timely information. * Ensure ... * Assist in preparing and sending notices of receipt, incomplete application letters, and ...
$39K - $54K/yr
Update and maintain loan servicing systems with accurate and timely information. * Ensure ... * Assist in preparing and sending notices of receipt, incomplete application letters, and ...
Quick apply
$39K - $54K/yr
Update and maintain loan servicing systems with accurate and timely information. * Ensure ... * Assist in preparing and sending notices of receipt, incomplete application letters, and ...
Troy, MI · On-site
$24 - $28/hr
... Loan Operations email communications and assist with ad-hoc reporting. Required Skills ... with processing escrow payments and tax remittance. - Strong verbal and written communication ...
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Troy, MI · On-site
$24 - $28/hr
... Loan Operations email communications and assist with ad-hoc reporting. Required Skills ... with processing escrow payments and tax remittance. - Strong verbal and written communication ...
$35K - $48K/yr
Process Optimization: Identify pipeline bottlenecks, automate data checks where possible, and assist in updating standard operating procedures (SOPs) for loan delivery and MI processing. * Audit ...
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$35K - $48K/yr
Process Optimization: Identify pipeline bottlenecks, automate data checks where possible, and assist in updating standard operating procedures (SOPs) for loan delivery and MI processing. * Audit ...
$37K - $42K/yr
... loan originator, loan processor, junior underwriter, loan officer) plus an additional year of ... These tools assist our recruitment team but do not replace human judgment. Final hiring decisions ...
$37K - $42K/yr
... loan originator, loan processor, junior underwriter, loan officer) plus an additional year of ... These tools assist our recruitment team but do not replace human judgment. Final hiring decisions ...
Detroit, MI · Remote
$37K - $42K/yr
... loan originator, loan processor, junior underwriter, loan officer) plus an additional year of ... These tools assist our recruitment team but do not replace human judgment. Final hiring decisions ...
Quick apply
Detroit, MI · Remote
$37K - $42K/yr
... loan originator, loan processor, junior underwriter, loan officer) plus an additional year of ... These tools assist our recruitment team but do not replace human judgment. Final hiring decisions ...
Our lock-desk team combined with our processors, underwriters, closers, and post-closers assist in assuring the closing of loans in a timely and efficient manner. Your success is our success!
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Our lock-desk team combined with our processors, underwriters, closers, and post-closers assist in assuring the closing of loans in a timely and efficient manner. Your success is our success!
$56K - $70K/yr
Proficient knowledge of commercial loans, leases, and dealer floor plan processes. * Achieve ... Thorough understanding and responsible for compliance of SBA operational policies. * Assist other ...
$56K - $70K/yr
Proficient knowledge of commercial loans, leases, and dealer floor plan processes. * Achieve ... Thorough understanding and responsible for compliance of SBA operational policies. * Assist other ...
Troy, MI · On-site
$16.25 - $21.50/hr
Organize and maintain loan files, ensuring all documentation is complete and accurate. Assist in the preparation and processing of loan applications. * Data Entry: Accurately input and update client ...
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Troy, MI · On-site
$16.25 - $21.50/hr
Organize and maintain loan files, ensuring all documentation is complete and accurate. Assist in the preparation and processing of loan applications. * Data Entry: Accurately input and update client ...
Troy, MI · On-site
$16.25 - $21.50/hr
Organize and maintain loan files, ensuring all documentation is complete and accurate. Assist in the preparation and processing of loan applications. * Data Entry: Accurately input and update client ...
Quick apply
Troy, MI · On-site
$16.25 - $21.50/hr
Organize and maintain loan files, ensuring all documentation is complete and accurate. Assist in the preparation and processing of loan applications. * Data Entry: Accurately input and update client ...
... to assist on their timeline...not ours. Our Commitment to our customer is an educational process ... At Mutual of Omaha Reverse Mortgage, Loan Officers are trained to listen and build rapport, in ...
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... to assist on their timeline...not ours. Our Commitment to our customer is an educational process ... At Mutual of Omaha Reverse Mortgage, Loan Officers are trained to listen and build rapport, in ...
To assist with the transition you are covered with a monthly base during the 12 month training ... A revolutionary sales process for working with both consumers and referral professionals * World ...
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To assist with the transition you are covered with a monthly base during the 12 month training ... A revolutionary sales process for working with both consumers and referral professionals * World ...
... to assist on their timeline...not ours. Our Commitment to our customer is an educational process ... At Mutual of Omaha Reverse Mortgage, Loan Officers are trained to listen and build rapport, in ...
... to assist on their timeline...not ours. Our Commitment to our customer is an educational process ... At Mutual of Omaha Reverse Mortgage, Loan Officers are trained to listen and build rapport, in ...
$12.64 - $14
9% of jobs
$14 - $15.35
11% of jobs
$15.85 is the 25th percentile. Wages below this are outliers.
$15.35 - $16.71
16% of jobs
The median wage is $17.66 / hr.
$16.71 - $18.06
21% of jobs
$19.09 is the 75th percentile. Wages above this are outliers.
$18.06 - $19.42
24% of jobs
$19.42 - $20.77
16% of jobs
$20.77 - $22.13
2% of jobs
$22.13 - $23.48
1% of jobs
$23.48 - $24.84
0% of jobs
$24.84 - $26.19
0% of jobs
$26.19 - $27.55
0% of jobs
$12
$18
$27
| Aspect | Loan Processing Assistant | Loan Underwriter |
|---|---|---|
| Credentials | High school diploma or equivalent; some roles may prefer associate's degree | Bachelor's degree in finance, economics, or related field; certifications like CU or Fannie Mae |
| Work Environment | Office setting, supporting loan processing teams | Office environment, analyzing loan applications for approval |
| Employer & Industry Usage | Mortgage lenders, banks, credit unions | Mortgage lenders, banks, financial institutions |
| Common Search & Comparison | Often compared for entry-level roles in loan processing | Compared for roles involving loan approval decisions |
The main difference is that a Loan Processing Assistant supports the loan processing workflow by gathering documents and preparing files, while a Loan Underwriter evaluates the risk and makes approval decisions on loan applications. Both roles are essential in the mortgage industry but focus on different stages of the loan process.
$39K - $54K/yr
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 11 days ago
7.8
Based on 98 frontline employees who took The Breakroom Quiz
96th of 150 rated financial services
The Loss Mitigation Processor plays a critical role in assisting borrowers who are experiencing financial hardship and at risk of defaulting on their mortgage loans. This position supports the Loss Mitigation department by processing documents, coordinating communications, tracking application statuses, and ensuring compliance with investor, regulatory, and internal servicing guidelines.
WHAT WE NEED FROM YOUMust-Have Qualifications: High school diploma or equivalent required; associate or bachelor's degree preferred. Experience: 1-3 years of experience in mortgage servicing, loss mitigation, or a related customer service/administrative role in financial services. Strong organizational and time-management skills. Excellent written and verbal communication skills. Ability to handle sensitive customer information with discretion. Proficiency in Microsoft Office (Word, Excel, Outlook) and loan servicing software (e.g., MSP, Fiserv, or equivalent). Knowledge of loss mitigation options (loan modification, forbearance, short sale, etc.) preferred.
WHAT YOU WILL BE DOINGReview, track, and process incoming loss mitigation applications and borrower documentation (e.g., income verification, hardship letters, tax returns). Conduct preliminary assessments to ensure loss mitigation application packages are complete and escalate issues as needed. Communicate with borrowers, servicers, and internal departments regarding application status, missing documents, and next steps. Update and maintain loan servicing systems with accurate and timely information. Ensure compliance with federal regulations (e.g., RESPA, CFPB), investor guidelines (e.g., Fannie Mae, Freddie Mac, FHA), and company policies. Assist in preparing and sending notices of receipt, incomplete application letters, and resolution decisions within required timelines. Monitor timelines for critical milestones (e.g., 5-day, 30-day, 120-day) and escalate files approaching deadlines. Work collaboratively with Loss Mitigation Specialists and Underwriters to ensure a smooth borrower experience. Provide administrative support to the Loss Mitigation team, including reporting, data entry, and file maintenance.
THE PLACE & THE PERKSReady to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It's all happening on UWM's campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.
It's no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It's at the very heart of how we treat each other, our clients and our community. Whether it's providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.
From the team member that holds a door open to the one that helps guide your career, you'll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you'll be welcomed here. Accepted here. And empowered to Be You Here.
More reasons you'll love working here include:
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Finance and insurance
5,001 - 10,000 Employees
Pontiac, MI, US
1986