IT Engineer Salary at Lower BETA

How much does a Lower IT Engineer make?

As of April 2025, the average annual salary for an IT Engineer at Lower is $85,679, which translates to approximately $41 per hour. Salaries for IT Engineer at Lower typically range from $78,059 to $92,598, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
lower.com
Size:
1,000 - 3,000 Employees
Revenue:
$500M - $1B
Industry:
Financial Services

Lower is on a mission to help people build wealth through homeownership. The fintech company, based in Columbus, Ohio, offers a home finance platform that allows customers to deposit money and save for a home, get a mortgage to buy a home, refinance an existing mortgage, and obtain insurance to protect their home. This digital one-stop shop lowers the barriers to homeownership by helping customers across the country, no matter where they are in their homeownership journey. Those who prefer to work with a local realtor or builder can utilize their channel partner network and its expert advisors. Lower is a FNMA/FHLMC/GNMA seller-servicer that has funded billions in loans and has more than 16,000 reviews averaging five-stars in less than two years. They work with more than 35 major insurance carriers nationally including Nationwide, Liberty Mutual and Allstate. Lower has been named the best place to work by Columbus CEO and a top workplace nationwide by Glassdoor and Fortune. Lower was founded by Mike Baynes, Robert Tyson, Grayson Hanes, Chris Miller and Dan Snyder.

See similar companies related to Lower

What Skills Does a person Need at Lower?

At Lower, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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. Troubleshooting: Troubleshooting is a form of problem solving, often applied to repair failed products or processes on a machine or a system. It is a logical, systematic search for the source of a problem in order to solve it, and make the product or process operational again. Troubleshooting is needed to identify the symptoms. Determining the most likely cause is a process of elimination—eliminating potential causes of a problem. Finally, troubleshooting requires confirmation that the solution restores the product or process to its working state. In general, troubleshooting is the identification or diagnosis of "trouble" in the management flow of a system caused by a failure of some kind. The problem is initially described as symptoms of malfunction, and troubleshooting is the process of determining and remedying the causes of these symptoms. A system can be described in terms of its expected, desired or intended behavior (usually, for artificial systems, its purpose). Events or inputs to the system are expected to generate specific results or outputs. (For example, selecting the "print" option from various computer applications is intended to result in a hardcopy emerging from some specific device). Any unexpected or undesirable behavior is a symptom. Troubleshooting is the process of isolating the specific cause or causes of the symptom. Frequently the symptom is a failure of the product or process to produce any results. (Nothing was printed, for example). Corrective action can then be taken to prevent further failures of a similar kind.
  2. Computer Systems: A computer system is a set of integrated devices that input, output, process, and store data and information. Computer systems are currently built around at least one digital processing device.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Technical Support: Offering hands-on assistance and solutions to end-users in addressing and troubleshooting technical issues.
  5. Operating System: Maintaining software that runs on a computer that serves as an interface between computer hardware components and the user.

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Check more jobs information at Lower

Job Title Average Lower Salary Hourly Rate
2 Account Manager $83,154 $40
3 Advocate $176,752 $85
4 Business Development $85,998 $41
5 Business Development Representative $85,998 $41
6 Business Development Specialist $110,749 $53
7 Corporate Training Coordinator $75,481 $36
8 Director, Information Technology $210,053 $101
9 Director, Salesforce Development $176,684 $85
10 Director, Technology $210,053 $101
11 Director, Treasury Operations $182,468 $88
12 IT Project Engineer $126,978 $61
13 IT Support Analyst $70,309 $34

Hourly Pay at Lower

The average hourly pay at Lower for an IT Engineer is $41 per hour. The location, department, and job description all have an impact on the typical compensation for Lower positions. The pay range and total remuneration for the job title are shown in the table below. Lower may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $85,679 look to you?

FAQ about Salary and Jobs at Lower

1. How much does Lower pay per hour?
The average hourly pay is $41. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Lower?
According to the data, the highest approximate salary is about $92,598 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Lower?
According to the data, the lowest estimated salary is about $78,059 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.