ZipRecruiter

Log In

1

Mortgage Default Jobs in Indiana (NOW HIRING)

Interra Credit Union

Mortgage Loan Originator

Granger, IN · On-site

  • Medical

  • Retirement

  • PTO

... repay and default risk. Originate residential mortgage loans in applicable systems, provide disclosures and required documentation, obtains proper signatures following regulatory timeline ...

Interra Credit Union

Mortgage Loan Originator

Granger, IN · On-site

  • Medical

  • Retirement

  • PTO

... repay and default risk. Originate residential mortgage loans in applicable systems, provide disclosures and required documentation, obtains proper signatures following regulatory timeline ...

Feiwell & Hannoy, P.C.

Associate Attorney

Indianapolis, IN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

C. is a full service law firm specializing in default legal services to financial institutions and mortgage servicers. Our firm was established in 1986 and has consistently been recognized as an ...

Orion Placement

Creditor's Rights Attorney

Indianapolis, IN · On-site +1

$90K - $110K/yr

  • Dental

  • Vision

  • Retirement

  • PTO

... mortgage servicers * Step into a meaningful role handling foreclosure, collections, and title ... default servicing experience. Indiana licensure is strongly preferred, and dual licensure in ...

Heritage Federal Credit Union

Collector

Evansville, IN · On-site

$14.75 - $19.75/hr

Maintain a current and detailed understanding of past-due consumer loan and mortgage loan products ... Familiar with default and enforcement clauses. * Basic understanding of the U.S. Bankruptcy Code.

Heritage Federal Credit Union

Collector

Evansville, IN · On-site

$14.75 - $19.75/hr

Maintain a current and detailed understanding of past-due consumer loan and mortgage loan products ... Familiar with default and enforcement clauses. * Basic understanding of the U.S. Bankruptcy Code.

Heritage Federal Credit Union

Collector

Evansville, IN · On-site

$14.75 - $19.75/hr

Maintain a current and detailed understanding of past-due consumer loan and mortgage loan products ... Familiar with default and enforcement clauses. * Basic understanding of the U.S. Bankruptcy Code.

All JobsMortgage Default JobsMortgage Default Jobs in Indiana

Mortgage Default information

See Indiana salary details

$8

$27

$57

How much do mortgage default jobs pay per hour?

As of Aug 19, 2026, the average hourly pay for mortgage default in Indiana is $27.54, according to ZipRecruiter salary data. Most workers in this role earn between $14.18 and $40.72 per hour, depending on experience, location, and employer.

What is a mortgage default?

A mortgage default occurs when a borrower fails to meet the repayment terms of their home loan, typically by missing several consecutive monthly payments. This can lead to serious consequences, such as foreclosure, where the lender may take ownership of the property to recover the unpaid loan balance. Defaulting on a mortgage can severely impact your credit score and make it difficult to secure future loans. If you are struggling to make payments, it's important to contact your lender as soon as possible to discuss options like loan modification or forbearance.

What are the key skills and qualifications needed to thrive in a mortgage default specialist role?

To thrive as a Mortgage Default Specialist, you need a solid understanding of mortgage servicing, default management, and relevant financial regulations, often supported by experience in banking or finance. Familiarity with loan servicing platforms, mortgage default software, and regulatory compliance systems like FDCPA and CFPB regulations is typically required. Strong negotiation, problem-solving, and communication skills help in managing delinquent accounts and working with borrowers to find solutions. These skills are essential to effectively mitigate losses, maintain regulatory compliance, and support both organizational and customer interests during the default process.

What are some common challenges faced by professionals working in mortgage default servicing, and how can they be managed?

Professionals in mortgage default servicing often face challenges such as managing high volumes of delinquent accounts, navigating complex regulations, and handling sensitive communications with borrowers facing financial hardship. Staying organized, leveraging technology to track accounts, and keeping up-to-date with regulatory changes are key strategies for success. Additionally, strong communication and empathy are essential for effectively assisting borrowers while ensuring compliance and mitigating risk for the lender.

What is the difference between Mortgage Default vs Mortgage Underwriter?

AspectMortgage DefaultMortgage Underwriter
Required CredentialsTypically requires knowledge of loan policies, credit analysis, and sometimes a background in finance or bankingRequires mortgage licensing, underwriting certifications, and knowledge of loan criteria
Work EnvironmentOften involves monitoring loan portfolios, communicating with borrowers, and assessing riskPrimarily office-based, reviewing loan applications, and evaluating borrower documentation
Employer & Industry UsageUsed by lenders, banks, and mortgage servicing companies to manage defaulted loansUsed by lenders and banks to approve or deny mortgage applications

Mortgage Default involves managing and addressing loans that are in default, focusing on collections and loss mitigation. Mortgage Underwriter assesses loan applications to determine approval, focusing on risk analysis before loan issuance. While both roles are integral to mortgage lending, they operate at different stages of the loan lifecycle and require distinct skill sets.

What are popular job titles related to Mortgage Default jobs in Indiana?

For Mortgage Default jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Mortgage Default jobs in Indiana look for?

The top searched job categories for Mortgage Default jobs in Indiana are:

Mortgage Default jobs near you
Infographic showing various Mortgage Default job openings in Indiana as of August 2026, with employment types broken down into 90% Full Time, 8% Part Time, and 2% Contract. Highlights an 80% Physical, 3% Hybrid, and 17% Remote job distribution, with an average salary of $57,290 per year, or $27.5 per hour.

Specialist, Default FHA MI Claims, I

Carrington Holding Company, LLC

Westfield, IN • On-site

$21 - $23/hr

Full-time

Medical, Retirement

Posted 22 days ago

Job description


The Default FHA MI Claims Specialist under moderate supervision, is responsible for preparing, filing, and following up on FHA claims timely and accurately according to insurer/investor guidelines. Perform all duties in accordance with the company's policies and procedures and all US state and federal laws and regulations wherein the company operates. The target pay range for this position is $21.00/hr-$23.00/hr.
What you'll do:
  • Prepare and file claims for one primary loan type timely and accurately; primary loan types are FHA Conveyance Part A, Part B, Non-Conveyance CWCOT, Pre-Foreclosure Sale, as assigned.
  • Document system(s) with appropriate tasking and comments.
  • Ensure required documentation is included in the Claim File and uploaded to agency system as applicable.
  • Submit claim for quality review; complete corrections timely and accurately.
  • Finalize and submit claim to agency for payment; follow up with agency for claim payment if applicable.
  • Moderate knowledge of default claims processes for insurers and investors.
  • Understanding of the default servicing processes, to include Foreclosure, Bankruptcy, Loss Mitigation and Claims processes.
  • Moderate understanding of agency and investor guidelines.
  • Strong interpersonal skills with a focus on teamwork and quality.
  • Excellent written and oral communication, organizational and time management skills.
  • Ability to communicate effectively with all levels of staff and management both internally and externally.
  • Ability to manage work in order to meet strict deadlines.
  • Ability to handle multiple tasks under pressure and changing priorities.

What you'll need:
  • High School diploma required; some college preferred.
  • One (1) or more years' mortgage servicing default experience, preferred

Our Company:
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.

Notice to all applicants: Carrington does not do interviews or make offers via text or chat.
#LI-SY1

Apply