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Underwriting Manager - Mortgage Loans Salary in New Mexico

How much does an Underwriting Manager - Mortgage Loans make in New Mexico?

As of August 01, 2026, the average salary for an Underwriting Manager - Mortgage Loans in New Mexico is $103,000 per year, which breaks down to an hourly rate of $50.

However, an Underwriting Manager - Mortgage Loans's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $118,284
  • Majority Range (25th-75th percentile): $97,700 to $111,000
  • Entry-Level (10th percentile): $92,875
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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $97,700 10% $92,875 90% $118,284 75% $111,000 $103,000 50%(Median) Didn’t find job title? Click

Underwriting Manager - Mortgage Loans Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $111,000 $9,250 $2,135 $53
Average $103,000 $8,583 $1,981 $50
25th Percentile $97,700 $8,142 $1,879 $47
Check out Underwriting Manager - Mortgage Loans Job Openings in New Mexico
Senior Underwriting Specialist

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Michigan Farm Bureau - LANSING, MI

Mortgage Careers

Midland States Bank - SUNSET HILLS, MO

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Key Factors That Influence Underwriting Manager - Mortgage Loans Salaries

An Underwriting Manager - Mortgage Loans's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects Underwriting Manager - Mortgage Loans Salaries?

Experience is a primary driver of an Underwriting Manager - Mortgage Loans's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry Mortgage Underwriter (0-2 years): $60,463
  • Intermediate Mortgage Underwriter (2-4 years): $67,924
  • Senior Mortgage Underwriter (4-7 years): $87,947
  • Lead Mortgage Underwriter (7+ years): $104,021
  • Underwriting Manager - Mortgage Loans (7+ years): $102,918
Job Role Years of Experience Average Salary
Entry Mortgage Underwriter0-2 years$60,463
Intermediate Mortgage Underwriter2-4 years$67,924
Senior Mortgage Underwriter4-7 years$87,947
Lead Mortgage Underwriter7+ years$104,021
Underwriting Manager - Mortgage Loans7+ years$102,918
$60,463 Entry Mor...
$67,924 Intermedi...
$87,947 Senior Mo...
$104,021 Lead Mort...
$102,918 Underwrit...
View as Table
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What Am I Worth?

Top Paying Cities for Underwriting Manager - Mortgage Loans

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Algodones: $104,100
  • Belen: $103,500
  • Bernalillo: $104,200

Underwriting Manager - Mortgage Loans Salary by Company Size: Startups vs. Enterprise

Underwriting Manager - Mortgage Loans salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $112,429. While startup companies pay approximate $95,039.

Underwriting Manager - Mortgage Loans Salary by Company Size

Company Size Employees Average Salary
Startup1~50$95,039
Growth Stage51~500$100,556
Established501~5000$108,535
Enterprise5000+$112,429

Underwriting Manager - Mortgage Loans Salary by Industry: Top Paying Sectors

For Underwriting Manager - Mortgage Loans roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 10% above the average. Conversely, Underwriting Manager - Mortgage Loans positions in Business Services typically offer lower base pay, as this sector often view Underwriting Manager - Mortgage Loans as a support function rather than a direct revenue driver.

The top paying industries for an Underwriting Manager - Mortgage Loans

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$113,300$54.010%
Financial Services$108,150$52.05%

Underwriting Manager - Mortgage Loans Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriting Manager - Mortgage Loans's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$97,700
Average $103,000/year
$111,000
$8,142
Average $8,583/month
$9,250
$1,879
Average $1,981/week
$2,135
$47
Average $50/hour
$53
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $111,000 $9,250 $2,135 $53
Average $103,000 $8,583 $1,981 $50
25th Percentile $97,700 $8,142 $1,879 $47

Underwriting Manager - Mortgage Loans Salary Growth & Career Path

Underwriting Manager - Mortgage Loans
Consumer Loan Credit Manager

For an Underwriting Manager - Mortgage Loans, the most direct path to higher earnings is advancing to the Consumer Loan Credit Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $129,590 - a projected growth of 26% over your current level.

Salaries of jobs related to Underwriting Manager - Mortgage Loans

Find Your Next Underwriting Manager - Mortgage Loans Job

Ready to take the next step in your career? Browse thousands of current Underwriting Manager - Mortgage Loans job openings on our job board. Use the search bar below to find your perfect match.

United States

  • Altra Federal Credit Union

    CLARKSVILLE, TN

    Real Estate Mortgage Loan Originator Madison Street Office Clarksville TN

    Altra Federal Credit Union | CLARKSVILLE, TN

    Real Estate / Mortgage Loan Originator, Madison Street Office, Clarksville TN Since 1931, Altra Federal Credit Union has been committed to helping members ... more

    5 Days Ago

  • HomeXpress Mortgage Corp

    SANTA ANA, CA

    Agency Account Manager Mortgage

    HomeXpress Mortgage Corp | SANTA ANA, CA

    Company Description HomeXpress – Your Leading Non-QM Mortgage Lender Join our growing team and be part of the Top Non-QM Lender in the Business We are know... more

    8 Days Ago

  • Generations Home Loans

    STOCKTON, CA

    Mortgage Loan Officer Build Team

    Generations Home Loans | STOCKTON, CA

    Generations Home Loans in Seattle, WA is seeking a driven Mortgage Loan Officer to grow production and build a high-performing team. You’ll originate purch... more

    21 Days Ago

  • Generations Home Loans

    KETTLEMAN, CA

    Mortgage Loan Originator Training and Warm Opportunities Included

    Generations Home Loans | KETTLEMAN, CA

    Generations Home Loans in Seattle seeks a Mortgage Loan Originator to guide borrowers through home purchase and refinance loans. In this client-focused rol... more

    21 Days Ago

  • Generations Home Loans

    STOCKTON, CA

    Mortgage Loan Originator Training and Warm Opportunities Included

    Generations Home Loans | STOCKTON, CA

    Generations Home Loans, a Seattle-based mortgage lender, is seeking a Mortgage Loan Originator to guide borrowers through home purchase and refinance loans... more

    24 Days Ago

  • Generations Home Loans

    KETTLEMAN, CA

    Mortgage Loan Officer Warm Referral Opportunities and Room Grow

    Generations Home Loans | KETTLEMAN, CA

    Generations Home Loans, a client-focused mortgage lender in Seattle, seeks a Mortgage Loan Officer to drive warm referral and new business production. In t... more

    24 Days Ago

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Cost of Living In New Mexico

Cost of Living in New Mexico is
-7.4% Lower
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