How much does a Mortgage Underwriter I make in Maine? The average Mortgage Underwriter I salary in Maine is $58,173 as of March 26, 2024, but the range typically falls between $50,471 and $68,341. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Mortgage Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter I Salary $43,459 ME March 26, 2024
25th Percentile Mortgage Underwriter I Salary $50,471 ME March 26, 2024
50th Percentile Mortgage Underwriter I Salary $58,173 ME March 26, 2024
75th Percentile Mortgage Underwriter I Salary $68,341 ME March 26, 2024
90th Percentile Mortgage Underwriter I Salary $77,599 ME March 26, 2024
25% $50,471 10% $43,459 90% $77,599 75% $68,341 $58,173 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Underwriter I need?

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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.

3.

Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.

Analysis 4.9%
Tax Return 1.73%
Mortgage Products 0.96%
Others 92.41%

Job Description for Mortgage Underwriter I

Mortgage Underwriter I underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Being a Mortgage Underwriter I assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter I typically reports to a supervisor or manager. The Mortgage Underwriter I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Mortgage Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter I in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $59,010 Date Updated March 26, 2024
Location Windham, ME Avg. Salary $59,070 Date Updated March 26, 2024
Location Abbot, ME Avg. Salary $56,679 Date Updated March 26, 2024
Location Acton, ME Avg. Salary $60,505 Date Updated March 26, 2024
Location Addison, ME Avg. Salary $56,679 Date Updated March 26, 2024
Location Albion, ME Avg. Salary $56,679 Date Updated March 26, 2024
Location Alfred, ME Avg. Salary $60,206 Date Updated March 26, 2024
Location Alna, ME Avg. Salary $58,532 Date Updated March 26, 2024
Location Andover, ME Avg. Salary $58,532 Date Updated March 26, 2024
Location Anson, ME Avg. Salary $56,679 Date Updated March 26, 2024

Career Path for Mortgage Underwriter I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Underwriter I, the upper level is Mortgage Underwriter II and then progresses to Mortgage Underwriter IV.

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Mortgage Underwriter I Salary in Maine
Mortgage Underwriter I Salary Graph, Regional Distribution and Summary