Underwriter Salary at Nexcap Home Loans BETA

How much does a Nexcap Home Loans Underwriter make?

As of April 2025, the average annual salary for an Underwriter at Nexcap Home Loans is $86,846, which translates to approximately $42 per hour. Salaries for Underwriter at Nexcap Home Loans typically range from $78,072 to $97,822, 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.

Nexcap Home Loans Overview

Website:
nexcaphomeloans.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

Nexcap Home Loans is a company that operates in the Financial Services industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Los Angeles, California.

See similar companies related to Nexcap Home Loans

What Skills Does a person Need at Nexcap Home Loans?

At Nexcap Home Loans, 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. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  2. Health care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
  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. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.

Related Jobs

Chubb
Los Angeles , CA

Job Description Details of this critical opening follow: Fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer. Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses. Financial proficiency. Understanding of financial statements and ratios used in risk analysis. Understanding of insurance financial fundamentals; impact of underwriting decisions on company assets. Ability to understand credit risk. Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods. Marketing and communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and com


Sponsored
4/14/2025 12:00:00 AM
Amwins Group, Inc.
El Segundo , CA

An Amwins Company At Amwins, we succeed together - and have a good time doing it. We know people don't leave companies. They leave cultures - which is why we work so hard on ours. At Amwins, we thrive on collaboration, not cutthroat competition. Our teams work together to help each other succeed, and we do right by our clients so they can do right by theirs. First and foremost, we invest in our employees. That investment shows in everything we do; education and development programs, comprehensive and competitive benefits, and an organizational structure that's 43% owned by employee shareholders. Our commitment to diversity, equity and inclusion helps cultivate an open, welcoming workplace that reflects the communities we serve. You will have the opportunity volunteer within Amwins through a wide range of committees and in your community through the Amwins Foundation and Summer of Service. Working at Amwins means you love what you do, how you do it and, ultimately, who you do it with. W


Sponsored
4/14/2025 12:00:00 AM
Western Alliance Bancorporation
Westlake Village , CA

Job Title: Underwriter Trainer Location: CA - Westlake Village What you'll do: The Underwriting Trainer is responsible for enhancing the competencies of individual employees by designing and conducting training programs that will boost employee's workplace performance in alliance with the company's core values. You will be responsible for performing training needs assessments, designing and delivering curriculum and learning materials, and managing all phases of training interventions. •Identify training needs by evaluating strengths and weaknesses •Translate requirements into training that will groom employees for the next step of their career path •Develop or oversee the production of classroom handouts, instructional materials, aids, and manuals •Direct structured learning experiences and monitor their quality results •Deliver training courses •Assess training effectiveness to ensure incorporation of taught skills and techniques into employee's work behavior •Periodically evaluate o


Sponsored
4/14/2025 12:00:00 AM
Lobel Financial
Anaheim , CA

Join one of the top 20 auto finance companies in the industry and grow with us! We offer in-house promotions, great benefits, work-life balance, and job stability. Would you like to work for a rewarding company that encourages their employees to learn and develop? Then partner with Lobel! Lobel Financial is a full-spectrum auto financing solution that specializes in the acquisition and servicing of prime to sub-prime motor vehicle retail installment contracts. We are head quartered in Southern California and have branch offices coast-to-coast. Position Summary The Underwriter is responsible for reviewing loan packages to ensure all aspects of the underwriting process has been properly completed and that it adheres to company policies and procedures. The Underwriter reviews the information on the loan application, contract and other documents to determine if the loan applicant meets the loan requirements before it's funded. Other duties include, interacting with dealers, customers, fiel


Sponsored
4/13/2025 12:00:00 AM
JMAC Lending
Costa Mesa , CA

About JMAC Lending: With over 25 years of experience, JMAC Lending has established itself as a leader in the industry. We pride ourselves on our innovative products, outstanding service, and unwavering commitment to supporting our partners in growing their businesses. Our culture revolves around surpassing conventional market options, positioning us as the preferred lender for our clients. Our team boasts impressive credentials and participates in ongoing education to blend knowledge with experience seamlessly. Built on a foundation of the highest ethical standards, our company excels in delivering competitive product pricing for wholesale and correspondent lending to our valued clients. The Opportunity: The Conventional Underwriter will evaluate and analyze residential loan applications in line with investor, agency, and internal standards. Scrutinize loan documentation for accuracy and completeness to ensure compliance with eligibility criteria, thereby reducing the potential for ris


Sponsored
4/13/2025 12:00:00 AM
Chubb
Los Angeles , CA

Job Description The Lower Middle Market ("LMM") New Business Underwriter is a field-underwriting role fully dedicated to new revenue generation for multiline accounts in our Financial Institutions Industry Practice. The individual is accountable for reviewing, triaging, underwriting, and quoting submissions and securing binds to achieve his/her individual production goal while adhering to Chubb standards of underwriting and compliance. The underwriting territory is the Southwest. The ideal candidate will possess strong underwriting skills, exceptional communication abilities, strong organizational skills, and the capacity to build and maintain impactful relationships. In this role, you will effectively manage agent relationships and collaborate with internal partners in Field Underwriting, Distribution, and Operations to ensure seamless processes and superior service delivery. The preferred candidate has experience in Commercial Lines Property & Casualty underwriting and has demonstrat


Sponsored
4/13/2025 12:00:00 AM
Hankey Group External
Los Angeles , CA

Los Angeles, CA | Onsite | Underwriting | Homeowners Pay Range: $70,000- $90,000 Per Year. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable. Knight Insurance Company is seeking a motivated and detail-oriented Senior Underwriter to join our growing property team. The ideal candidate will have experience drafting proprietary policy forms and building property portfolios from the ground up. As a growing organization, we value both technical underwriting and business strategy. What you'll do as a Senior Underwriter: The Senior Underwriter will aid the existing property team with the following functions: Custom Policy Development: Design and implement insurance policy forms specific to the needs of clients, while at the same time ensuring compliance with


Sponsored
4/12/2025 12:00:00 AM
Lobel Financial Corporation
Buena Park , CA

Job Description Job Description The Underwriter is responsible for reviewing loan packages to ensure all aspects of the underwriting process has been properly completed and that it adheres to company policies and procedures. The Underwriter reviews the information on the loan application, contract and other documents to determine if the loan applicant meets the loan requirements before it's funded. Other duties include, interacting with dealers, customers, field representatives, and a variety of other outside entities. The successful candidate provides a high level of customer service and promotes that culture through training, guidance and staff motivation. This position also acts as a liaison between dealers and customers. Basic Responsibilities Review and verify the loan package Review credit reports, calculate income, examine book valuations Ensure stipulations and documentation are in order and valid before submitting the loan package for funding. Communicate with dealers and bran


Sponsored
4/10/2025 12:00:00 AM

Check more jobs information at Nexcap Home Loans

Job Title Average Nexcap Home Loans Salary Hourly Rate
2 Mortgage Loan Originator $45,093 $22
3 Account Executive $70,426 $34
4 Loan Consultant $50,611 $24
5 Manager, Financial Services $172,957 $83
6 Manager, Production $111,700 $54
7 Mortgage Loan Officer $45,093 $22
8 Account Manager $74,292 $36
9 Branch Manager $68,431 $33
10 Funder $79,801 $38
11 Mortgage Loan Processor $40,680 $20
12 Processor $42,470 $20

Hourly Pay at Nexcap Home Loans

The average hourly pay at Nexcap Home Loans for an Underwriter is $42 per hour. The location, department, and job description all have an impact on the typical compensation for Nexcap Home Loans positions. The pay range and total remuneration for the job title are shown in the table below. Nexcap Home Loans may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $86,846 look to you?

FAQ about Salary and Jobs at Nexcap Home Loans

1. How much does Nexcap Home Loans pay per hour?
The average hourly pay is $42. 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 Nexcap Home Loans?
According to the data, the highest approximate salary is about $97,822 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 Nexcap Home Loans?
According to the data, the lowest estimated salary is about $78,072 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.