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Loss Mitigation Jobs in Colorado (NOW HIRING)

Water and Fire

Mitigation Technician

Castle Rock, CO · On-site

$20 - $25/hr

About Us We are a fast-growing disaster mitigation company supporting homeowners and businesses after water, fire, mold, and other environmental losses. Our teams operate quickly, safely, and ...

Water and Fire

Mitigation Technician

Denver, CO · On-site

$20 - $25/hr

About Us We are a fast-growing disaster mitigation company supporting homeowners and businesses after water, fire, mold, and other environmental losses. Our teams operate quickly, safely, and ...

Spyder Construction

Mitigation Technician

Littleton, CO · On-site

$22 - $26/hr

Mitigation Technician (Water, Fire & Storm Restoration) Looking for steady, hands-on work with real ... Spyder Construction is a full-service general contractor specializing in large loss insurance ...

Meritrust

Insurance Specialist

Broomfield, CO · On-site

Collaborate with and provide support to the Member Solutions, Loss Mitigation, Bankruptcy & Recovery and Asset Recovery teams. * Assist with cross-functional tasks and projects to ensure smooth ...

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All JobsLoss Mitigation JobsLoss Mitigation Jobs in Colorado

Loss Mitigation information

See Colorado salary details

$16

$24

$34

How much do loss mitigation jobs pay per hour?

As of Sep 1, 2026, the average hourly pay for loss mitigation in Colorado is $24.98, according to ZipRecruiter salary data. Most workers in this role earn between $19.95 and $28.80 per hour, depending on experience, location, and employer.

What is loss mitigation?

Loss mitigation refers to the process used by lenders to help borrowers avoid foreclosure by finding solutions to make mortgage payments more manageable. This can include options such as loan modification, repayment plans, forbearance, or short sales. The goal of loss mitigation is to minimize financial losses for both the lender and the borrower while keeping the homeowner in their property whenever possible. Lenders typically have dedicated loss mitigation departments that work directly with borrowers to assess their financial situation and recommend suitable options.

What are the key skills and qualifications needed to thrive as a loss mitigation specialist?

To thrive as a Loss Mitigation Specialist, you need a solid understanding of mortgage servicing, foreclosure prevention, and relevant financial regulations, usually supported by experience in banking or real estate. Familiarity with loan servicing platforms, mortgage modification software, and regulatory compliance systems is typically required. Strong negotiation, problem-solving, and customer service skills enable effective communication with borrowers and stakeholders. These competencies are vital for minimizing financial losses, ensuring compliance, and helping clients retain their homes.

What are some common challenges faced by professionals in loss mitigation, and how can they be effectively managed?

Professionals in Loss Mitigation often encounter challenges such as negotiating with distressed borrowers, navigating complex regulatory requirements, and managing high caseloads while maintaining empathy and compliance. Developing strong communication skills and staying updated on changing mortgage guidelines are essential for success. Building collaborative relationships with underwriters, legal teams, and customer service representatives also helps address issues efficiently and ensures the best possible outcomes for both the borrower and the lender.

What is the difference between Loss Mitigation vs Loan Processor?

AspectLoss MitigationLoan Processor
CredentialsTypically requires knowledge of mortgage laws, negotiation skills, and sometimes certifications like NMLSRequires understanding of loan documentation, credit analysis, and often NMLS licensing
Work EnvironmentOften involves direct communication with borrowers, negotiations, and analyzing financial situationsPrimarily reviews and processes loan applications, verifying documents and data
Employer & Industry UsageUsed by mortgage lenders, banks, and servicing companies to help borrowers avoid foreclosureUsed by lenders, banks, and mortgage companies to process loan applications efficiently

While both roles involve mortgage industry knowledge and some overlapping skills, Loss Mitigation focuses on helping borrowers avoid foreclosure through negotiations and financial solutions. Loan Processors primarily handle the administrative side of loan approval, verifying documents and data to facilitate loan issuance.

What does a loss mitigation specialist do?

A loss mitigation specialist works with borrowers and lenders to develop solutions that prevent foreclosure or reduce financial losses. They analyze financial situations, negotiate repayment plans, and may use tools like loan modifications or forbearance agreements to help borrowers stay in their homes or manage debt. Strong communication skills and knowledge of loan products are essential for this role.

What are the most commonly searched types of Loss Mitigation jobs in Colorado?

The most popular types of Loss Mitigation jobs in Colorado are:

What are popular job titles related to Loss Mitigation jobs in Colorado?

For Loss Mitigation jobs in Colorado, the most frequently searched job titles are:

What job categories do people searching Loss Mitigation jobs in Colorado look for?

The top searched job categories for Loss Mitigation jobs in Colorado are:

What cities in Colorado are hiring for Loss Mitigation jobs?

Cities in Colorado with the most Loss Mitigation job openings:

Loss Mitigation jobs near you
Infographic showing various Loss Mitigation job openings in Colorado as of August 2026, with employment types broken down into 100% Full Time. Highlights an 91% In-person, and 9% Remote job distribution, with an average salary of $51,968 per year, or $25 per hour.

Loss Mitigation Specialist

Cornerstone Capital Bank

Englewood, CO • On-site

$50/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 28 days ago

Job description

***No agencies or 3rd party Recruiters please. Thank you! ***
Who we are:
Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who we are looking for...
Cornerstone Servicing is looking for an experienced Loss Mitigation Specialist. The Loss Mitigation Specialist role is responsible for providing world class customer care to our customers. This position will provide an exceptional level of customer service by taking ownership and responsibility for all activity occurring at Cornerstone Servicing and ensuring customers are educated regarding all hardship assistance options offered.
  • Location: Onsite daily in either Houston, TX or Englewood, CO
  • Compensation: $50-60k

What you'll need to be successful...
  • Responsible for negotiating payment arrangements, keeping our borrowers in their homes and curing delinquency
  • Manage inbound and outbound calling queues via automated calling system
  • Continuously improve knowledge base and skillset to ensure maximum level of customer satisfaction and world class customer experience
  • Underwrites loans for loss mitigation in accordance to FHA, VA, USDA, FNMA, FHLMC guidelines and decisions all loss mitigation waterfall options for borrower(s) seeking workout assistance.
  • Recommends loss mitigation actions on requests for proposed foreclosure alternatives within timeframes established by investor.
  • Utilizes ability to read and interpret title searches and rectify outstanding judgements, liens, etc.
  • Maintains quality control and production standards defined by CHL
  • Perform other job-duty related issues as assigned

Qualifications:
  • High School Diploma, GED, or equivalent experience
  • Minimum 2 years of experience in mortgage servicing
  • Minimum 2 years of experience in a Collections environment
  • Bi-lingual skills a plus
  • Experience with Business Purpose Loans or Non-QM Loans preferred
  • Strong phone etiquette while having a passion for taking care of customer needs with exceptional customer service skills
  • Solid analytical skills with the ability to exercise prudent judgment
  • Exceptional organization and time management a must
  • Comfortable being a team player
  • Strong interpersonal skills in addition to verbal/written communication
  • Ability to work through stressful situations professionally and respectfully
  • Attention to detail

What we offer:
Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, , Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.
What to do next:
If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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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