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Loss Mitigation Associate Jobs (NOW HIRING)

Loss Mitigation Associate

Atlanta, GA · On-site

$39K - $58K/yr

Conduct outbound collection activities negotiating payment arrangements, deferrals, and other loss mitigation solutions while balancing customer circumstances and company objectives, including ...

Conduct outbound collection activities negotiating payment arrangements, deferrals, and other loss mitigation solutions while balancing customer circumstances and company objectives, including ...

Associate or Bachelor degree preferred Skills: * Excellent listening, oral & written communication ... Strong ability to identify potential loss situations and make appropriate recommendations to ...

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Loss Mitigation Associate information

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How much do loss mitigation associate jobs pay per hour?

As of Jul 29, 2026, the average hourly pay for loss mitigation associate in the United States is $20.33, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $24.52 per hour, depending on experience, location, and employer.

How does a Loss Mitigation Associate typically collaborate with other departments to resolve delinquent accounts?

Loss Mitigation Associates work closely with various departments such as collections, underwriting, and customer service to develop solutions for borrowers facing financial hardship. They often coordinate with loan officers to gather documentation, communicate with legal teams regarding regulatory compliance, and partner with customer service representatives to ensure borrowers are informed about available options. Effective teamwork and clear communication are essential in this role to create workable repayment plans and achieve positive outcomes for both the lender and the borrower.

What are Loss Mitigation Associates?

Loss Mitigation Associates are professionals who work with borrowers and lenders to prevent loan defaults and minimize financial losses, typically in mortgage or lending environments. They assess delinquent accounts, review borrower hardship situations, and recommend solutions such as loan modifications, repayment plans, or short sales. Their goal is to find mutually beneficial resolutions that help borrowers keep their properties while reducing risk and loss for the lender.

What are the key skills and qualifications needed to thrive as a Loss Mitigation Associate, and why are they important?

To thrive as a Loss Mitigation Associate, you need a solid understanding of mortgage servicing, loan workout options, and financial analysis, often supported by experience in banking or real estate and a relevant associate or bachelor’s degree. Familiarity with loan servicing platforms, document management systems, and regulations like RESPA and FHA guidelines is typically required. Strong negotiation, problem-solving, and communication skills are crucial for working with borrowers and collaborating with internal teams. These competencies help minimize financial losses for lenders while assisting borrowers in retaining their homes or navigating alternatives.

What is the highest paying job in the mortgage industry?

In the mortgage industry, senior roles such as Mortgage Vice Presidents, Chief Underwriters, or Regional Managers tend to have the highest salaries, often exceeding six figures. These positions typically require extensive experience, leadership skills, and industry knowledge, and may involve overseeing large teams or strategic operations.

What jobs pay $500,000 a year in the US?

In the US, high-paying roles such as senior executives, specialized surgeons, and successful entrepreneurs can earn $500,000 or more annually. Certain finance, technology, and legal positions, especially with bonuses or profit sharing, also reach this level, often requiring advanced skills, extensive experience, and professional certifications.

What is a loss mitigation job description?

A loss mitigation associate is responsible for working with borrowers to develop solutions that prevent foreclosure or loan default, such as loan modifications, repayment plans, or forbearance agreements. The role involves analyzing financial documents, negotiating terms, and maintaining compliance with lending regulations, often requiring strong communication and problem-solving skills. This position typically involves working within a team and using specialized software to track case progress.

How much does a loss mitigation manager make?

A loss mitigation manager typically earns between $50,000 and $85,000 annually, depending on experience, location, and the size of the organization. They often require strong communication skills and knowledge of loan servicing or financial regulations.
What cities are hiring for Loss Mitigation Associate jobs? Cities with the most Loss Mitigation Associate job openings:
What are the most commonly searched types of Loss Mitigation jobs? The most popular types of Loss Mitigation jobs are:
What states have the most Loss Mitigation Associate jobs? States with the most job openings for Loss Mitigation Associate jobs include:

Loss Mitigation Associate

AvalonBay Communities, Inc.

Manhattan, NY • On-site

$38K - $51K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 2 days ago

New


Job description

Loss Mitigation Associate

Position Type:

Full time

Weekly Scheduled Hours:

40

State:

Texas

City:

San Antonio

Zip Code:

78251

Total Base Pay Range:

$38,300.00 - $51,900.00

Overview:


AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartment homes in some of the best U.S. markets, and delivering outsized, risk-adjusted returns to shareholders. With equal parts experience and vision, we've established a leadership position rooted in our purpose of creating a better way to live and that is always focused on building value for the long term.


Creating a better way to live is the purpose that binds AvalonBay associates. We take that purpose seriously and expect you will as well. By focusing on collaboration, innovation, and taking ownership of our choices and actions, we act in ways that focus on creating value for our customers, investors and associates. Your positive, professional, and consistent personal interactions make AvalonBay a great place to work.


The Role:

The Third-Party Services Loss Mitigation position will follow delinquent accounts through the lifecycle of the legal process and assist residents, client(s) as well as our attorneys in various ways.

Residents will be assisted via inbound telephone calls through a dedicated queue which provides a great amount of experience and education prior to advancing to notice preparation and attorney interaction. Working in conjunction with management and our client(s) regarding the posting of notices for delinquent accounts, resident accounts will be researched and reviewed and said notices will be prepared. Accounts that continue to have outstanding balances will be forwarded to attorney firms and/or a vendor once the notices expire. This position will complete Loss Mitigation tasks from our client(s), other departments within the CCC and attorney firms. Further, management of Payment Stipulations assigned by the Courts will be required.

Essential Duties:

Provide professional and empathetic service across all call queues, including Frontline, Payment, Legal, SODA, and calls from clients and attorneys; efficiently resolve conflicts; support account audits, email correspondence, and adjustments

Research/Review accounts with outstanding balances and Prep/Forward accounts and send to our external attorney firms

Complete Loss Mitigation Tasks

Manage accounts in Open Litigation and follow up on cases

Actively participates in coaching, training, and personal development sessions.

Perform all duties in accordance with AVB Core Values and completes timely follow-up.

Maintain schedule requirements to achieve department adherence threshold.

Education:


High school diploma OR equivalent (GED) required.
Experience:


Computer programs including Excel and Word, general understanding of credits/debits and general mathematics.


A minimum of two years of customer service experiencerequired.
Knowledge, Skills and Abilities:


Possesses customer service knowledge and ability to deliver exceptional customer experience, internally and externally.


Reads and writes English as demonstrated by clear and concise written and verbal communications.


Possesses basic math skills.


Experiencewith Microsoft Office Suite.


Exceptional attention to detail.


Problem solving skills; ability to identify customer concerns, acknowledge with empathy and articulate solution for the concern with a focus on providing a one call resolution.


Ability to multi-task and perform other administrative tasks.


Exhibits ability and willingness to work on a flexible schedule.

Minimum Internet speed of 25MBPS (Uploads and Downloads) requirementsand must be hardwired. Must have this network requirements to work remotely. Wifi is not acceptable or allowed.


How AvalonBay Supports You:


We know that our teams are the beating heart of our success and we're committed to showing our appreciation.


We offer:


  • Comprehensive benefits - health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits (https://jobs.avalonbay.com/benefits) for information.
  • Growth based on achievement and promotion from within.
  • Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization - including destination awards, 'AvalonBay's Very Best' recognition program and others!).
  • A 20% discount on our incredible apartment homes.
  • A culture built on purpose and our core values -A Commitment to Integrity,A Spirit of Caring, andA Focus on Continuous Improvement.

Additional Info:


AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.


AvalonBay makes employment decisions without regard to a person's race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.


AvalonBay will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law.


Applications are being accepted on an ongoing basis.


AvalonBay does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application.


For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice (https://www.avaloncommunities.com/california-personnel-privacy-notice/)