[ collapse ]

You »

- Compare Your Salary
- Evaluate a Job Offer

Someone You Manage »

- Price a New Hire
- Give a Raise

Whole Company »

- Benchmark Jobs
- Create a Comp Plan

Loss Mitigation Specialist Hourly Rate

United States » Job » Loss Mitigation Specialist Overview » Loss Mitigation Specialist Hourly Rate

Updated: 10 Jun 2013

Job Satisfaction

Extremely satisfied

Rated 5 out of 5 based on 29 Loss Mitigation Specialist votes.

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.

Related to:

Loss Prevention Analyst Salary, Loss Prevention Specialist Salary, Short Sale Negotiator Salary

Loss Mitigation Specialist 2013 Total Pay (?

XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.

)

$29,373 - $60,916

(Median)

29K

41K

50K

61K

MEDIAN: $41,234

10%

50%

75%

90%

See your Loss Mitigation Specialist connections ↓

Loss Mitigation Specialist Job Listings

Loss Mitigation Specialist

Jun 06

Kforce - McLean, VA

Our client is seeking a Loss Mitigation Specialist for their Mclean, Virginia (VA) location. This position will assist with incoming emails, file prep, and... - Indeed

Apply For This Job »

View More Listings »

jobs by

Want local data for this job?

National Pay Data

	National Hourly Rate Data (? XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey. )	$0	$12	$24	$36
Hourly Rate	$12.34 - $21.18
Overtime	$17.75 - $33.46

	National Annualized Data (? XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey. )	$0	$24K	$48K	$72K
Bonus	$0.00 - $12,438
Total Pay (? XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare). )	$29,373 - $60,916
Country: United States \| Currency: USD \| Updated: 10 Jun 2013 \| Individuals Reporting: 124

Add to your site |

Loss Mitigation Specialist Tasks

Perform financial analysis and assess borrowers' financial situation to establish if a borrower can reinstate the mortgage fully or in part.
Coordinate with borrowers within investor and vendor guidelines to resolve any delinquencies and evade foreclosure.
Evaluate foreclosed loans and determine if they were processed according to internal and external requirements.
Assess servicing files to determine if required loss mitigation activities were completed and documented according to internal and external requirements.
Manage and maintain loss mitigation documentation files.

Your Loss Mitigation Specialist Connections Invite your friends

Please log in with Facebook to see who you know.

Companies and Industries for Loss Mitigation Specialist Salaries

Popular Industries

Hourly Rate


Mortgage Lending, Loans, or Credit Products	$12.86 - $23.47
Banking	$12.87 - $22.83
Financial Services	$13.03 - $23.51
Building Restoration	$13.04 - $23.44
Collection Agency	$11.15 - $20.19

Popular Employers

Hourly Rate

There is not enough data available to display this chart.

Key Statistics for Loss Mitigation Specialist Salaries and Jobs

Gender

	Female 57%			Male 43%
Hourly Rate:	$14.43 - $18.68			$14.09 - $20.18

Years of Experience

Less than 1 year

1-4 years

52%

5-9 years

23%

10-19 years

15%

20 years or more

Top Degrees

Hourly Rate


Bachelor's Degree	$13.49 - $23.84

Most Common Health Benefits

	Medical: 85%		Dental: 81%
	Vision: 66%		None: 12%

Special Features

Fortune 100 CEO Income Compared to Average Worker at Company
Many CEOs earn millions a year, but how does their pay compare to the average worker at their company? We list the highest earners.

More Special Features

Which jobs, cities and industries are seeing wages rise or fall? Track the latest compensation trends with The PayScale Index Q1 2013 results.

» You think you have a bad boss? We reveal the Top 5 Jobs That Hate Their Boss.

» College Salary Report 2013: Review more than 1,000 schools and 130 majors