Mortgage Underwriter I Salary in Cedar Rapids, Iowa

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Mortgage Underwriter I Salary in Cedar Rapids, IA

How much does a Mortgage Underwriter I make in Cedar Rapids, IA? The average Mortgage Underwriter I salary in Cedar Rapids, IA is $57,472 as of May 28, 2024, but the range typically falls between $49,860 and $67,514. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Mortgage Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter I Salary $42,929 Cedar Rapids,IA May 28, 2024
25th Percentile Mortgage Underwriter I Salary $49,860 Cedar Rapids,IA May 28, 2024
50th Percentile Mortgage Underwriter I Salary $57,472 Cedar Rapids,IA May 28, 2024
75th Percentile Mortgage Underwriter I Salary $67,514 Cedar Rapids,IA May 28, 2024
90th Percentile Mortgage Underwriter I Salary $76,657 Cedar Rapids,IA May 28, 2024
25% $49,860 10% $42,929 90% $76,657 75% $67,514 $57,472 50%(Median) Didn’t find job title? Click
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Check out Mortgage Underwriter Job Openings in Cedar Rapids, Iowa

Mortgage Underwriter

Pinnacle Group, Inc. - West Des Moines, IA

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Small Business Underwriter

Great West Casualty Company - South Sioux City, NE

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Mortgage Sales Specialist

United Wholesale Mortgage - Pontiac, MI

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Mortgage Sales Professional

United Wholesale Mortgage - Pontiac, MI

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What skills does a Mortgage Underwriter I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.

3.

Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.

See More Skills
Analysis 4.9%
Tax Return 1.73%
Mortgage Products 0.96%
Others 92.41%

What Should I Pay?

Job Description for Mortgage Underwriter I

Mortgage Underwriter I underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Being a Mortgage Underwriter I assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter I typically reports to a supervisor or manager. The Mortgage Underwriter I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Mortgage Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Mortgage Underwriter I information for you to search for. Click on search button below to see Mortgage Underwriter I job openings or enter a new job title here.

Job Openings for Mortgage Underwriter I in Cedar Rapids, IA
  • Pinnacle Group, Inc. - West Des Moines, IA
    Position: Mortgage Underwriter. Work Location: Remote (but should be available for onsite training). Duration: Long Term. Experience Required. Mortgage Und...
    - 5 Days Ago
  • Great West Casualty Company - South Sioux City, NE
    This position offers an optional hybrid work schedule, with three days working in the office and two days working remotely. Are you looking to kick-start y...
    - 2 Months Ago
  • United Wholesale Mortgage - Pontiac, MI
    At United Wholesale Mortgage, success has no limit — especially among our Account Executives. This hardworking team is one of the biggest forces behind our...
    - 1 Month Ago
  • United Wholesale Mortgage - Pontiac, MI
    At United Wholesale Mortgage, success has no limit — especially among our Account Executives. This hardworking team is one of the biggest forces behind our...
    - 7 Months Ago
  • Texas Mutual Insurance Company - Houston, TX
    We’re excited you’re considering joining a great place to work. Texas Mutual is deeply committed to creating and maintaining an environment of mutual respe...
    - 5 Months Ago

Career Path for Mortgage Underwriter I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Underwriter I, the upper level is Mortgage Underwriter II and then progresses to Mortgage Underwriter IV.

Mortgage Underwriter I
Mortgage Underwriter II
Mortgage Underwriter IV
Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
MAIDEN HOLDINGS LTD
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Mortgage Underwriter I Pay Difference by Location

Mortgage Underwriter I salary varies from city to city. Compared with national average salary of Mortgage Underwriter I, the highest Mortgage Underwriter I salary is in San Francisco, CA, where the Mortgage Underwriter I salary is 25.0% above. The lowest Mortgage Underwriter I salary is in Miami, FL, where the Mortgage Underwriter I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Mortgage Underwriter I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
49860
67514
57472

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
51496
70664
59510
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter I in Cedar Rapids, IA. The base salary for Mortgage Underwriter I ranges from $49,860 to $67,514 with the average base salary of $57,472. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,496 to $70,664 with the average total cash compensation of $59,510.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

49860
67514

 

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About Cedar Rapids, Iowa    The city is divided into four quadrants, used in addressing. 1st Avenue (U.S. Route 151 Business) divides the north and south sides of the city, and t....More

Cedar Rapids, Iowa  area prices were up 0.8% from a year ago    View the Cost of Living in Cedar Rapids, Iowa

Mortgage Underwriter I Salary in popular cities: Des Moines, Davenport, Sioux City

Skills associated with Mortgage Underwriter I: Real Estate Appraisal Report, Mortgage Loans, Lending Regulatory Compliance, Underwriting & Rating Software

Recently searched related titles: Loan Underwriter

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Jobs with a similar salary range to Mortgage Underwriter I : Junior Underwriter, Mortgage Agent

Salary estimation for Mortgage Underwriter I at companies like : Department of Procurement Services, Farah Holding Company Inc, Contact SB Automotives LLC

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