As of April 01, 2025, the average annual salary for a Specialist Mortgage Underwriter in Iowa is $105,400. Salary.com reports that pay typically ranges from $99,800 to $111,500, with most professionals earning between $94,701 and $117,054.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $116,447 | $9,704 | $2,239 | $56 |
| Average | $110,127 | $9,177 | $2,118 | $53 |
| 25th Percentile | $104,214 | $8,685 | $2,004 | $50 |
An entry-level Specialist Mortgage Underwriter with under 1 year experience makes about $102,512. With less than 2 years of experience, a mid-level Specialist Mortgage Underwriter makes around $102,933. After 2-4 years, the Specialist Mortgage Underwriter pay rises to about $103,355. Those senior Specialist Mortgage Underwriter with 5-8 years of experience earn roughly $104,871, and those Specialist Mortgage Underwriter having 8 years or more experience are expected to earn about $107,891 on average.
| Levels | Salary |
|---|---|
| Entry Level Specialist Mortgage Underwriter | $102,512 |
| Intermediate Level Specialist Mortgage Underwriter | $102,933 |
| Senior Level Specialist Mortgage Underwriter | $103,355 |
| Specialist Level Specialist Mortgage Underwriter | $104,871 |
| Expert Level Specialist Mortgage Underwriter | $107,891 |
| Entry Level | 7% |
| Mid Level | 7% |
| Senior Level | 6% |
| Top Level | 5% |
| Experienced | 2% |
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Specialist Mortgage Underwriter salary varies from city to city. Compared with national average salary of Specialist Mortgage Underwriter, the highest Specialist Mortgage Underwriter salary is in San Francisco, CA, where the Specialist Mortgage Underwriter salary is 24.9% above. The lowest Specialist Mortgage Underwriter salary is in Miami, FL, where the Specialist Mortgage Underwriter salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $137,600 |
24.9%
|
| Washington, DC | $122,000 |
10.7%
|
| Miami, FL | $105,900 |
|
| Chicago, IL | $113,900 |
3.3%
|
| Boston, MA | $122,900 |
11.5%
|
| New York, NY | $127,700 |
15.9%
|
