Underwriting Manager - Mortgage Loans Salary in the United States

FAQ about Underwriting Manager - Mortgage Loans

1. How much does an underwriting supervisor make?

An Underwriting Manager in Mortgage Loans typically earns between $89,400 and $125,800 annually, with a median salary of $106,800. Salaries can vary significantly based on location, experience, and the specific employer. For instance, cities like San Francisco and Santa Clara offer salaries around $121,000, reflecting the higher end of the pay scale.

2. Do mortgage underwriters make good money?

A mortgage underwriter's salary can be quite competitive, typically ranging from $89,400 to $125,800 annually, with a mid-salary of $106,800. Factors such as experience, location, and skills can influence these figures, making it a potentially lucrative career choice.

3. What does a mortgage underwriting manager do?

A mortgage underwriting manager oversees a team of underwriting professionals, ensuring efficient loan reviews and supporting underwriting functions. They collaborate with senior leaders to meet the demands of a growing team while also focusing on employee development and coaching. The salary for this role typically ranges from $89,400 to $125,800, with a midpoint of $106,800.

4. How much do mortgage underwriters make in the US?

Mortgage Underwriters in the US typically earn between $89,400 and $125,800 annually. The average salary for this role is around $106,800 per year, reflecting the varying levels of experience and responsibility within the position.

5. What is the salary of a top underwriter?

The salary for an Underwriting Manager in Mortgage Loans ranges from $89,400 to $125,800, with a median salary of $106,800 per year. These professionals assess mortgage applications, evaluate risks, and determine appropriate coverage and pricing for lenders.

6. Can underwriters work from home?

Yes, underwriters can work from home. In this role, you assess risks in mortgage loan applications remotely, evaluating each client's financial situation. The salary for an Underwriting Manager in this field ranges from $89,400 to $125,800, with a midpoint of $106,800, reflecting the expertise required for this position.