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Specialist Loss Mitigation Salary
in Utah, United States

$43,535 (USD)

Average Salary

$21/hr

Average Hourly

$1,097

Average Bonus

Last updated: February 16, 2019

Salary Recap

The average pay for a Specialist Loss Mitigation is $43,535 a year and $21 an hour in Utah, United States. The average salary range for a Specialist Loss Mitigation is between $30,958 and $53,856. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Utah, United States.

Average Salary Chart

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Job Summary

Description:
  • Helps banks and mortgage companies save loans, and helps homeowners who are at risk for foreclosure, typically through loan modification, which is a lowering of interest rates and principal payments combined with an increase in payment terms, utilizing knowledge and skills in customer service, collections, verbal and written communication, and negotiations.
  • Examines and monitors loans in foreclosure and bankruptcy, and calls on mortgage holders who have defaulted on mortgage loans to discuss repayment options, payment plans, and other solutions in order to prevent foreclosure or bankruptcy.
  • Adheres to guidelines and requirements of organization and Federal government programs, determines if required loss mitigation actions were completed and documented correctly, and evaluates foreclosed loans to ensure they were processed correctly according to the same requirements.
Specialist Loss Mitigation Job Prevalence in Utah, United States

Job family: Business Operations Specialists, All Other

Job family population: 1,001,420

Estimated population of Specialist Loss Mitigation jobs: 138,546

Rate of error: 0.5%

Salary Potential

Estimated salary in 2024:
$50,469
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

Specialist Loss Mitigation Job Listings for Utah, United States

Marcus- Collections Risk- Analyst- Draper/ Richardson
Dec 20
Salt Lake City, USA
Goldman Sachs USA
... specialists. We provide a suite of solutions to help our customers meet their personal financial ... in loss mitigation strategy and analytics At least 1 year of experience with Angoss, CART or ...
Estimator Senior Estimator
Feb 1
Salt Lake City, UT, USA
BELFOR Property Restoration
With BELFOR specialists in every major metropolitan area in the USA ready to respond 24/7/365, we ... The right response team can mean the difference between recovery and total loss. In the midst of ...
Water Technician
Nov 19
Salt Lake, UT, USA
BELFOR Property Restoration
With BELFOR specialists in every major metropolitan area in the USA ready to respond 24/7/365, we ... The right response team can mean the difference between recovery and total loss. In the midst of ...
Carpenter
Nov 19
Salt Lake, UT, USA
BELFOR Property Restoration
With BELFOR specialists in every major metropolitan area in the USA ready to respond 24/7/365, we ... The right response team can mean the difference between recovery and total loss. In the midst of ...
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