What are the main factors that influence a Mortgage Underwriter I's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Mortgage Underwriter I?

The Insurance industry offers the highest average compensation for Mortgage Underwriter I roles, with salaries approximately 30% above the market median.

How does experience change A Mortgage Underwriter 's salary?

A Mortgage Underwriter 's salary grows with experience: a Mortgage Underwriter I (0-2 years)earns $64,289, a Mortgage Underwriter II (2-4 years)earns $72,221, a Mortgage Underwriter III (4-7 years)earns $93,512, a Mortgage Underwriter IV (7+ years)earns $110,602, a Mortgage Underwriting Manager (7+ years)earns $109,430,

What are the highest paying states for a Mortgage Underwriter I?

Mortgage Underwriter I salary varies significantly by state. The top 3 highest paying states for Mortgage Underwriter I roles are District of Columbia $72,279, California $72,005, Massachusetts $71,045. These tech hubs typically pay 10-15% above the national average.

How much do different types of Mortgage Underwriter roles make?

Salaries for Mortgage Underwriter level roles vary by specialization: Lead Mortgage Underwriter: $112,400; Mortgage Underwriter IV: $112,309; Senior Mortgage Underwriter: $95,000; Mortgage Underwriter III: $94,955; Remote Mortgage Underwriter: $94,310.

Mortgage Underwriter I Salary in Michigan

How much does a Mortgage Underwriter I make in Michigan?

As of August 01, 2026, the average salary for a Mortgage Underwriter I in Michigan is $64,289 per year, which breaks down to an hourly rate of $31.

However, a Mortgage Underwriter I's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $84,337
Majority Range (25th-75th percentile): $57,670 to $74,783
Entry-Level (10th percentile): $51,644

10% $51,644

50% (Median) $64,289

90% $84,337

Mortgage Underwriter I Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$74,783	$6,232	$1,438	$36
Average	$64,289	$5,357	$1,236	$31
25th Percentile	$57,670	$4,806	$1,109	$28

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Key Factors That Influence Mortgage Underwriter I Salaries

A Mortgage Underwriter I'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 Mortgage Underwriter I Salaries?

Experience is a primary driver of a Mortgage Underwriter I'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:

Mortgage Underwriter I (0-2 years): $64,289
Mortgage Underwriter II (2-4 years): $72,221
Mortgage Underwriter III (4-7 years): $93,512
Mortgage Underwriter IV (7+ years): $110,602
Mortgage Underwriting Manager (7+ years): $109,430

Job Role	Years of Experience	Average Salary
Mortgage Underwriter I	0-2 years	$64,289
Mortgage Underwriter II	2-4 years	$72,221
Mortgage Underwriter III	4-7 years	$93,512
Mortgage Underwriter IV	7+ years	$110,602
Mortgage Underwriting Manager	7+ years	$109,430

View as Graph

How Do Mortgage Underwriter Is Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Mortgage Underwriter Is. For example, consider the average annual salaries in these key locations:

District of Columbia: $72,279.
California: $72,005.
Massachusetts: $71,045.

District of Columbia $72,279 California $72,005 Massachusetts $71,045 Washington $70,784 New Jersey $70,758 Alaska $70,667 Connecticut $69,766 New York $69,400

Hawaii $68,232 Rhode Island $67,683 Maryland $67,311 Minnesota $66,802 Colorado $66,606 Illinois $66,541 Oregon $66,293 Delaware $66,110

New Hampshire $65,995 Virginia $65,738 Pennsylvania $64,987 Nevada $64,609 North Dakota $64,485 Michigan $64,289 Wisconsin $64,217 Vermont $64,073

Texas $63,675 Maine $63,649 Arizona $63,610 Ohio $63,564 Georgia $62,964 Indiana $62,663 Wyoming $62,604 Utah $62,513

Iowa $62,474 Kansas $62,161 Louisiana $62,069 North Carolina $62,037 Missouri $62,023 Florida $61,769 Montana $61,632 Nebraska $61,501

Kentucky $61,429 South Carolina $61,168 Tennessee $61,005 Idaho $60,940 New Mexico $60,463 Oklahoma $60,359 Alabama $59,974 South Dakota $59,327

Arkansas $58,975 West Virginia $58,786 Mississippi $58,218

Top Paying Cities for Mortgage Underwriter I

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:

Davison: $61,976
Decker: $61,234
Deckerville: $61,010

Davison, MI $61,976 Decker, MI $61,234 Deckerville, MI $61,010 Dryden, MI $62,902 Durand, MI $62,390 Fenton, MI $62,850 Filion, MI $60,970 Flushing, MI $61,767

Forestville, MI $61,097 Fostoria, MI $61,527 Gaines, MI $62,342 Genesee, MI $61,806 Goodrich, MI $62,085 Grand Blanc, MI $61,965 Hadley, MI $62,204 Harbor Beach, MI $61,009

Holly, MI $62,804 Imlay City, MI $62,169 Kinde, MI $60,965 Lapeer, MI $61,881 Lennon, MI $62,011 Lexington, MI $61,480 Linden, MI $62,247 Marlette, MI $61,426

Melvin, MI $61,679 Metamora, MI $62,490 Minden City, MI $60,974 Montrose, MI $61,395 Mount Morris, MI $61,714 New Lothrop, MI $61,634 North Branch, MI $61,659 Ortonville, MI $62,941

Otisville, MI $61,755 Otter Lake, MI $61,597 Palms, MI $60,964 Peck, MI $61,401 Port Austin, MI $60,980 Port Hope, MI $60,957 Port Sanilac, MI $61,125 Ruth, MI $60,972

Sandusky, MI $61,217 Snover, MI $61,179 Swartz Creek, MI $61,963 Ubly, MI $61,078 Vernon, MI $62,302 Flint, MI $62,010 Burton, MI $62,025 Mikado, MI $60,851

Haslett, MI $63,054 Henderson, MI $61,824 Holt, MI $63,125 Howell, MI $63,595 Hubbardston, MI $62,090 Ionia, MI $62,231 Ithaca, MI $61,559 Laingsburg, MI $62,870

Lake Odessa, MI $62,366 Lakeview, MI $61,671 Lyons, MI $62,436 Mcbrides, MI $61,760 Maple Rapids, MI $62,243 Mason, MI $63,019 Middleton, MI $61,904 Morrice, MI $62,718

Muir, MI $62,189 Mulliken, MI $62,764 North Star, MI $61,648 Orleans, MI $62,099 Ovid, MI $62,571 Owosso, MI $62,280 Palo, MI $62,029 Perrinton, MI $62,046

Perry, MI $62,843 Pewamo, MI $62,435 Pompeii, MI $61,916 Portland, MI $62,584 Potterville, MI $63,013 Riverdale, MI $61,385 Rosebush, MI $61,155 Saint Johns, MI $62,600

Saint Louis, MI $61,379 Shepherd, MI $61,335 Sheridan, MI $61,914 Sidney, MI $61,907 Six Lakes, MI $61,587 Smyrna, MI $62,183 Stanton, MI $61,738 Sumner, MI $61,553

Sunfield, MI $62,650 Vestaburg, MI $61,465 Webberville, MI $62,954 Weidman, MI $61,211 Westphalia, MI $62,689 Williamston, MI $62,954 Winn, MI $61,416 Woodland, MI $62,431

Lansing, MI $63,194 Kalamazoo, MI $62,865 Portage, MI $62,784 Allegan, MI $62,080 Athens, MI $63,266 Augusta, MI $63,674 Bangor, MI $62,264 Battle Creek, MI $63,904

Bedford, MI $63,902 Bellevue, MI $63,504 Benton Harbor, MI $62,964 Bloomingdale, MI $61,933 Breedsville, MI $62,109 Bronson, MI $61,922 Burlington, MI $63,434 Burr Oak, MI $62,167

Cassopolis, MI $62,243 Centreville, MI $62,285 Ceresco, MI $63,708 Climax, MI $63,602 Cloverdale, MI $62,578 Coldwater, MI $62,228 Coloma, MI $62,781 Hagar Shores, MI $62,850

Colon, MI $62,501 Comstock, MI $63,078 Constantine, MI $62,378 Covert, MI $62,556 Decatur, MI $62,164 Marshall, MI $63,473 Martin, MI $62,375 Mattawan, MI $62,189

Mendon, MI $62,469 Nashville, MI $63,010 Nazareth, MI $62,973 Nottawa, MI $62,287 Olivet, MI $63,129 Oshtemo, MI $62,473 Otsego, MI $62,227 Paw Paw, MI $62,119

Plainwell, MI $62,594 Quincy, MI $62,243 Richland, MI $63,236 Riverside, MI $62,873 Saint Joseph, MI $62,864 Schoolcraft, MI $62,275 Scotts, MI $63,195 Delton, MI $63,026

Sherwood, MI $62,741 Dowagiac, MI $62,208 Dowling, MI $63,390 East Leroy, MI $63,567 Fulton, MI $63,262 Galesburg, MI $63,449 Gobles, MI $62,023 Grand Junction, MI $62,030

Hartford, MI $62,582 Hastings, MI $62,559 Hickory Corners, MI $63,370 Jones, MI $62,439 Kendall, MI $62,044 Lacota, MI $62,054 Lawrence, MI $62,269 Lawton, MI $62,139

Leonidas, MI $62,766 South Haven, MI $62,114 Sturgis, MI $62,204 Tekonsha, MI $63,148 Three Rivers, MI $62,283 Union City, MI $62,986 Vandalia, MI $62,338 Vermontville, MI $62,705

Vicksburg, MI $62,813 Watervliet, MI $62,712 White Pigeon, MI $62,457 Baroda, MI $62,383 Berrien Center, MI $62,112 Berrien Springs, MI $62,319 Bridgman, MI $62,362 Buchanan, MI $61,551

Eau Claire, MI $62,663 Edwardsburg, MI $62,452 Galien, MI $61,550 Harbert, MI $62,210 Lakeside, MI $62,265 New Buffalo, MI $62,401 New Troy, MI $62,038 Niles, MI $61,333

Sawyer, MI $62,154 Sodus, MI $62,822 Stevensville, MI $62,652 Three Oaks, MI $61,969 Union Pier, MI $62,271 Union, MI $62,783 Jackson, MI $62,896 Addison, MI $62,471

Adrian, MI $63,048 Albion, MI $62,920 Allen, MI $62,202 Blissfield, MI $62,990 Britton, MI $63,905 Brooklyn, MI $63,419 Camden, MI $61,705 Cement City, MI $62,877

Clarklake, MI $62,945 Clayton, MI $62,792 Clinton, MI $64,326 Concord, MI $62,684 Deerfield, MI $63,272 Frontier, MI $61,730 Grass Lake, MI $63,741 Hanover, MI $62,317

Hillsdale, MI $61,948 Homer, MI $62,987 Horton, MI $62,317 Hudson, MI $62,187 Jasper, MI $62,881 Jerome, MI $62,345 Jonesville, MI $62,216 Leslie, MI $62,965

Litchfield, MI $62,725 Manitou Beach, MI $62,911 Michigan Center, MI $63,123 Montgomery, MI $61,715 Morenci, MI $62,582 Moscow, MI $62,136 Mosherville, MI $62,539 Saint Clair, MI $62,804

Saint Clair Shores, MI $65,039 Warren, MI $64,996 Munith, MI $63,116 Napoleon, MI $63,424 Washington, MI $64,124 Ray, MI $63,953 Yale, MI $61,988 Allen Park, MI $65,162

Ann Arbor, MI $65,276 Azalia, MI $64,018 Belleville, MI $64,730 Brighton, MI $64,048 Bridgewater, MI $64,894 Carleton, MI $63,824 Chelsea, MI $64,431 Dearborn, MI $65,284

Melvindale, MI $65,280 Dearborn Heights, MI $65,048 Dexter, MI $64,825 Dundee, MI $63,577 Erie, MI $62,931 Flat Rock, MI $64,326 Garden City, MI $64,855 Gregory, MI $63,646

Grosse Ile, MI $64,731 Hamburg, MI $64,664 Ida, MI $63,083 Inkster, MI $64,903 Lakeland, MI $64,557 Lambertville, MI $62,932 La Salle, MI $62,966 Lincoln Park, MI $65,182

Livonia, MI $64,742 Luna Pier, MI $62,931 Manchester, MI $64,353 Maybee, MI $63,957 Milan, MI $64,710 Monroe, MI $63,159 New Boston, MI $64,238 New Hudson, MI $64,435

Newport, MI $63,503 Northville, MI $64,577 Pinckney, MI $64,254 Plymouth, MI $64,842 Rockwood, MI $64,298 Romulus, MI $64,597 Salem, MI $64,846 Saline, MI $64,962

Samaria, MI $62,930 South Lyon, MI $64,760 South Rockwood, MI $63,945 Taylor, MI $64,908 Temperance, MI $62,929 Trenton, MI $64,628 Wayne, MI $64,642 Westland, MI $64,724

Canton, MI $64,773 Whitmore Lake, MI $64,934 Whittaker, MI $64,902 Willis, MI $64,736 Wyandotte, MI $65,104 Riverview, MI $64,848 Lake Linden, MI $61,070 Southgate, MI $64,988

Ypsilanti, MI $65,284 Detroit, MI $65,288 Highland Park, MI $65,286 Marcellus, MI $62,229 Shaftsburg, MI $62,907 Davisburg, MI $63,251 Hamtramck, MI $65,286 River Rouge, MI $65,283

Ferndale, MI $65,229 Harper Woods, MI $65,194 Ecorse, MI $65,279 Grosse Pointe, MI $65,284 Oak Park, MI $65,124 Redford, MI $65,036 Bloomfield Hills, MI $64,641 Rochester, MI $64,147

Sterling Heights, MI $64,815 Utica, MI $64,376 Keego Harbor, MI $64,270 Auburn Hills, MI $64,249 West Bloomfield, MI $64,410 Waterford, MI $64,015 Drayton Plains, MI $63,852 Farmington, MI $64,441

Pontiac, MI $64,124 Clarkston, MI $63,596 Lanse, MI $61,070 Marenisco, MI $60,959 Mass City, MI $60,985 Mohawk, MI $60,992 Nisula, MI $60,932 Ontonagon, MI $60,994

Painesdale, MI $61,128 Pelkie, MI $61,026 Ramsay, MI $61,301 Rockland, MI $60,986 Sidnaw, MI $60,925 Skanee, MI $60,961 South Range, MI $61,212 Stambaugh, MI $61,328

Toivola, MI $60,948 Trout Creek, MI $60,910 Wakefield, MI $61,056 Watersmeet, MI $61,059 Watton, MI $60,957 White Pine, MI $61,059 Algonac, MI $63,828 Allenton, MI $63,223

Almont, MI $63,016 Anchorville, MI $63,909 Armada, MI $63,555 Avoca, MI $62,116 Troy, MI $64,724 Birmingham, MI $64,775 Capac, MI $62,389 Center Line, MI $65,179

Clawson, MI $64,896 Eastpointe, MI $65,138 Emmett, MI $62,379 Fair Haven, MI $63,800 Franklin, MI $64,755 Fraser, MI $64,866 Goodells, MI $62,621 Harsens Island, MI $64,068

Hazel Park, MI $65,254 Jeddo, MI $61,870 Southfield, MI $64,868 Clinton Township, MI $64,736 Marine City, MI $63,593 Marysville, MI $62,642 Memphis, MI $62,734 Macomb, MI $64,265

Mount Clemens, MI $64,565 Harrison Township, MI $64,498 New Baltimore, MI $64,118 New Haven, MI $63,915 North Street, MI $62,213 East China, MI $63,316 Fort Gratiot, MI $62,032 Port Huron, MI $62,411

Richmond, MI $63,465 Columbus, MI $63,284 Casco, MI $63,610 Romeo, MI $63,650 Roseville, MI $64,969 Royal Oak, MI $65,098 Pleasant Ridge, MI $65,164 Huntington Woods, MI $65,089

Madison Heights, MI $65,059 Saginaw, MI $61,181 Alger, MI $60,936 Auburn, MI $61,160 Beaverton, MI $61,113 Bentley, MI $61,005 Brant, MI $61,454 Breckenridge, MI $61,374

Chesaning, MI $61,360 Clare, MI $61,093 Coleman, MI $61,136 Comins, MI $60,700 Edenville, MI $61,189 Fairview, MI $60,788 Farwell, MI $61,049 Freeland, MI $61,172

Gladwin, MI $60,984 Harrison, MI $60,945 Hemlock, MI $61,196 Higgins Lake, MI $61,026 Hope, MI $61,036 Houghton Lake, MI $60,943 Houghton Lake Heights, MI $61,089 Kawkawlin, MI $61,118

Lake, MI $61,013 Lake George, MI $61,015 Linwood, MI $61,089 Lupton, MI $60,857 Luzerne, MI $60,717 Merrill, MI $61,253 Midland, MI $61,189 North Adams, MI $62,165

Marne, MI $62,299 Mears, MI $61,095 Montague, MI $60,904 Muskegon, MI $60,659 New Era, MI $60,986 Nunica, MI $61,024 Pentwater, MI $61,130 Pullman, MI $61,866

Ravenna, MI $61,251 Rothbury, MI $60,983 Saugatuck, MI $61,741 Scottville, MI $61,104 Shelby, MI $61,043 Spring Lake, MI $60,705 Twin Lake, MI $60,835 Walhalla, MI $61,198

Walkerville, MI $61,083 West Olive, MI $61,352 Whitehall, MI $60,790 Sylvan Beach, MI $60,787 Zeeland, MI $62,020 Grand Rapids, MI $62,415 Wyoming, MI $62,414 Saranac, MI $62,235

Mio, MI $60,781 Oakley, MI $61,686 Pinconning, MI $61,055 Prudenville, MI $60,920 Rhodes, MI $61,033 Roscommon, MI $60,829 Rose City, MI $60,818 Saint Charles, MI $61,236

Saint Helen, MI $60,840 Sanford, MI $61,158 Standish, MI $61,067 Sterling, MI $60,997 West Branch, MI $60,878 Wheeler, MI $61,354 Akron, MI $61,115 Au Gres, MI $61,037

Barton City, MI $60,765 Bay City, MI $61,165 University Center, MI $61,172 Bay Port, MI $61,046 Black River, MI $60,845 Bridgeport, MI $61,180 Caro, MI $61,100 Carrollton, MI $61,182

Caseville, MI $61,044 Cass City, MI $61,164 Clifford, MI $61,501 Curran, MI $60,675 Deford, MI $61,237 East Tawas, MI $60,941 Elkton, MI $61,056 Essexville, MI $61,141

Fairgrove, MI $61,129 Frankenmuth, MI $61,177 Gagetown, MI $61,114 Gilford, MI $61,139 Glennie, MI $60,802 Greenbush, MI $60,967 Hale, MI $60,892 Harrisville, MI $60,899

Kingston, MI $61,320 Lincoln, MI $60,871 Long Lake, MI $60,852 Mayville, MI $61,397 Berkley, MI $65,000 Smiths Creek, MI $62,524 Cadillac, MI $61,023 Acme, MI $60,965

Alba, MI $60,893 Alden, MI $60,893 Arcadia, MI $60,991 Bear Lake, MI $60,994 Bellaire, MI $60,907 Benzonia, MI $61,018 Beulah, MI $61,025 Boon, MI $60,945

Brethren, MI $60,957 Buckley, MI $60,972 Cedar, MI $60,981 Central Lake, MI $60,916 Chase, MI $61,033 Copemish, MI $60,940 Eastlake, MI $61,192 Eastport, MI $60,972

Elberta, MI $61,148 Elk Rapids, MI $61,063 Empire, MI $60,952 Evart, MI $61,029 Falmouth, MI $60,852 Fife Lake, MI $60,865 Filer City, MI $61,187 Frankfort, MI $61,049

Glen Arbor, MI $60,982 Grawn, MI $61,039 Harrietta, MI $60,910 Hersey, MI $61,137 Honor, MI $60,957 Idlewild, MI $61,102 Interlochen, MI $61,037 Irons, MI $60,965

Kaleva, MI $61,002 Kalkaska, MI $60,846 Kewadin, MI $60,952 Kingsley, MI $60,967 Lake Ann, MI $61,046 Lake City, MI $60,897 Lake Leelanau, MI $60,990 Leland, MI $61,017

Leroy, MI $60,976 Luther, MI $60,935 Trout Lake, MI $60,858 Vanderbilt, MI $60,763 Walloon Lake, MI $60,972 Waters, MI $60,806 Wolverine, MI $60,811 Iron Mountain, MI $61,189

Kingsford, MI $61,339 Allouez, MI $61,032 Au Train, MI $61,081 Bark River, MI $61,074 Big Bay, MI $60,957 Carney, MI $61,031 Champion, MI $61,031 Channing, MI $60,991

Chatham, MI $61,078 Cooks, MI $60,983 Cornell, MI $61,010 Arnold, MI $61,019 Curtis, MI $60,965 Daggett, MI $61,034 Deerton, MI $61,017 Eben Junction, MI $61,086

Rumely, MI $61,046 Engadine, MI $60,936 Escanaba, MI $61,219 Felch, MI $61,016 Little Lake, MI $61,111 Foster City, MI $61,016 Garden, MI $60,998 Germfask, MI $60,968

Gladstone, MI $61,191 Gould City, MI $60,888 Grand Marais, MI $60,917 Gulliver, MI $60,910 Gwinn, MI $61,151 Harris, MI $61,004 Hermansville, MI $61,074 Ingalls, MI $61,188

Ishpeming, MI $61,166 Loretto, MI $61,289 Mc Millan, MI $60,952 Manistique, MI $61,016 Marquette, MI $61,246 Menominee, MI $61,398 Michigamme, MI $60,980 Munising, MI $61,107

Nadeau, MI $61,215 Nahma, MI $61,083 National Mine, MI $61,171 Negaunee, MI $61,167 Newberry, MI $60,928 Norway, MI $61,166 Palmer, MI $61,148 Perkins, MI $61,051

Perronville, MI $60,883 Powers, MI $61,085 Quinnesec, MI $61,270 Ralph, MI $60,881 Rapid River, MI $61,014 Republic, MI $61,021 Rock, MI $61,016 Sagola, MI $61,038

Seney, MI $60,804 Shingleton, MI $60,922 Skandia, MI $61,105 Spalding, MI $61,168 Stephenson, MI $61,127 Trenary, MI $61,043 Vulcan, MI $61,063 Wallace, MI $61,233

Wells, MI $61,295 Wetmore, MI $60,969 Wilson, MI $61,093 Ahmeek, MI $61,249 Alpha, MI $61,232 Amasa, MI $60,924 Atlantic Mine, MI $61,096 Baraga, MI $61,101

Bergland, MI $61,010 Bessemer, MI $61,181 Bruce Crossing, MI $60,987 Calumet, MI $61,168 Caspian, MI $61,328 Chassell, MI $61,093 Copper City, MI $61,182 Copper Harbor, MI $60,971

Covington, MI $60,910 Crystal Falls, MI $61,065 Dodgeville, MI $61,289 Dollar Bay, MI $61,241 Ewen, MI $60,968 Gaastra, MI $61,138 Greenland, MI $61,025 Hancock, MI $61,192

Houghton, MI $61,251 Hubbell, MI $61,284 Iron River, MI $61,081 Ironwood, MI $61,152 Kearsarge, MI $61,201 Norvell, MI $63,691 Onondaga, MI $62,890 Onsted, MI $63,311

Osseo, MI $61,871 Ottawa Lake, MI $62,900 Palmyra, MI $63,126 Parma, MI $62,734 Petersburg, MI $63,100 Pittsford, MI $61,973 Pleasant Lake, MI $63,021 Reading, MI $61,884

Riga, MI $62,936 Rives Junction, MI $62,913 Sand Creek, MI $62,856 Somerset, MI $62,462 Somerset Center, MI $62,428 Spring Arbor, MI $62,537 Springport, MI $62,834 Stockbridge, MI $63,147

Tecumseh, MI $63,917 Tipton, MI $63,659 Waldron, MI $61,905 Weston, MI $62,843 Ada, MI $62,368 Alto, MI $62,296 Bailey, MI $61,537 Baldwin, MI $61,081

Barryton, MI $61,176 Belmont, MI $62,364 Big Rapids, MI $61,371 Bitely, MI $61,100 Blanchard, MI $61,367 Bradley, MI $62,287 Brohman, MI $61,150 Burnips, MI $62,196

Byron Center, MI $62,313 Caledonia, MI $62,321 Cannonsburg, MI $62,317 Casnovia, MI $61,784 Cedar Springs, MI $62,078 Chippewa Lake, MI $61,313 Mancelona, MI $60,840 Manistee, MI $61,069

Manton, MI $60,935 Maple City, MI $60,967 Marion, MI $60,924 Mayfield, MI $60,965 Merritt, MI $60,803 Mesick, MI $60,965 Northport, MI $60,957 Old Mission, MI $61,080

Omena, MI $60,981 Onekama, MI $61,067 Rapid City, MI $60,939 Reed City, MI $61,110 Sears, MI $61,012 South Boardman, MI $60,888 Suttons Bay, MI $61,002 Thompsonville, MI $60,955

Traverse City, MI $61,089 Tustin, MI $60,955 Wellston, MI $60,961 Williamsburg, MI $60,951 Mackinaw City, MI $60,963 Afton, MI $60,796 Alanson, MI $60,940 Alpena, MI $60,950

Atlanta, MI $60,741 Barbeau, MI $60,905 Bay Shore, MI $60,961 Boyne City, MI $60,939 Boyne Falls, MI $60,820 Brimley, MI $60,954 Brutus, MI $60,897 Burt Lake, MI $60,959

Carp Lake, MI $60,884 Cedarville, MI $60,921 Charlevoix, MI $60,965 Cheboygan, MI $60,922 Conway, MI $61,003 Cross Village, MI $60,961 Dafter, MI $60,947 De Tour Village, MI $60,899

Drummond Island, MI $60,865 East Jordan, MI $60,902 Eckerman, MI $60,824 Ellsworth, MI $60,910 Elmira, MI $60,795 Frederic, MI $60,708 Gaylord, MI $60,829 Goetzville, MI $60,871

Good Hart, MI $60,959 Grayling, MI $60,726 Harbor Springs, MI $60,946 Hawks, MI $60,777 Herron, MI $60,839 Hessel, MI $60,899 Hillman, MI $60,781 Hubbard Lake, MI $60,821

Hulbert, MI $60,833 Indian River, MI $60,910 Johannesburg, MI $60,685 Tower, MI $60,812 Comstock Park, MI $62,384 Kinross, MI $60,954 Lachine, MI $60,788 Levering, MI $60,882

Lewiston, MI $60,694 Mackinac Island, MI $61,022 Millersburg, MI $60,796 Moran, MI $60,856 Mullett Lake, MI $60,923 Naubinway, MI $60,849 Oden, MI $61,126 Onaway, MI $60,809

Ossineke, MI $60,913 Paradise, MI $60,855 Pellston, MI $60,901 Petoskey, MI $60,968 Pickford, MI $60,936 Pointe Aux Pins, MI $60,777 Posen, MI $60,818 Presque Isle, MI $60,887

Rogers City, MI $60,880 Rudyard, MI $60,882 Saint Ignace, MI $60,978 Beaver Island, MI $60,888 Sault Sainte Marie, MI $61,062 Kincheloe, MI $61,345 Topinabee, MI $61,038 Macatawa, MI $61,593

Coral, MI $61,820 Dorr, MI $62,223 Freeport, MI $62,332 Gowen, MI $61,969 Grant, MI $61,478 Hopkins, MI $62,212 Howard City, MI $61,736 Kent City, MI $61,923

Lowell, MI $62,275 Mecosta, MI $61,377 Middleville, MI $62,333 Moline, MI $62,283 Morley, MI $61,516 Newaygo, MI $61,528 Paris, MI $61,189 Pierson, MI $61,877

Remus, MI $61,290 Rockford, MI $62,249 Rodney, MI $61,287 Sand Lake, MI $61,937 Shelbyville, MI $62,364 Sparta, MI $62,210 Stanwood, MI $61,468 Trufant, MI $61,890

Wayland, MI $62,277 White Cloud, MI $61,319 Allendale, MI $62,000 Branch, MI $60,991 Conklin, MI $61,954 Coopersville, MI $61,800 Custer, MI $61,060 Douglas, MI $61,730

Fennville, MI $61,885 Ferrysburg, MI $60,711 Fountain, MI $61,060 Free Soil, MI $60,976 Fremont, MI $61,220 Fruitport, MI $60,754 Glenn, MI $61,803 Grand Haven, MI $61,052

Grandville, MI $62,379 Hamilton, MI $62,016 Hart, MI $61,113 Hesperia, MI $61,142 Holland, MI $61,777 Holton, MI $61,005 Hudsonville, MI $62,224 Jamestown, MI $62,257

Jenison, MI $62,336 Lamont, MI $62,155 Ludington, MI $61,160 Mc Bain, MI $60,937 Hartland, MI $63,521 Highland, MI $63,499 Lake Orion, MI $63,880 Oakland, MI $63,938

Lakeville, MI $63,622 Leonard, MI $63,483 Oxford, MI $63,417 Novi, MI $64,394 Milford, MI $63,996 Commerce Township, MI $63,951 White Lake, MI $63,584 Union Lake, MI $64,044

Walled Lake, MI $64,140 Wixom, MI $64,221 Applegate, MI $61,187 Argyle, MI $61,166 Atlas, MI $62,049 Attica, MI $61,993 Bad Axe, MI $61,081 Bancroft, MI $62,597

Birch Run, MI $61,226 Brown City, MI $61,522 Burt, MI $61,197 Byron, MI $62,672 Carsonville, MI $61,029 Clio, MI $61,530 Columbiaville, MI $61,806 Croswell, MI $61,448

Millington, MI $61,406 Munger, MI $61,170 National City, MI $60,914 Omer, MI $60,994 Oscoda, MI $60,961 Owendale, MI $61,110 Pigeon, MI $61,121 Prescott, MI $60,944

Reese, MI $61,170 Richville, MI $61,174 Sebewaing, MI $61,134 Silverwood, MI $61,480 South Branch, MI $60,787 Spruce, MI $60,846 Tawas City, MI $60,951 Turner, MI $60,903

Twining, MI $60,954 Unionville, MI $61,088 Vassar, MI $61,269 Whittemore, MI $60,904 Alma, MI $61,522 Mount Pleasant, MI $61,564 Okemos, MI $63,100 Ashley, MI $61,831

Bannister, MI $61,853 Bath, MI $63,066 Belding, MI $62,164 Carson City, MI $61,894 Cedar Lake, MI $61,480 Charlotte, MI $62,887 Clarksville, MI $62,287 Cohoctah, MI $62,735

Corunna, MI $61,990 Crystal, MI $61,620 Dansville, MI $63,012 Dewitt, MI $63,029 Dimondale, MI $63,087 Eagle, MI $62,917 East Lansing, MI $63,165 Eaton Rapids, MI $62,922

Edmore, MI $61,514 Elm Hall, MI $61,422 Elsie, MI $62,128 Elwell, MI $61,347 Eureka, MI $62,211 Fenwick, MI $62,001 Fowler, MI $62,473 Fowlerville, MI $62,952

Grand Ledge, MI $62,992 Greenville, MI $62,032

Mortgage Underwriter I Salary by Company Size: Startups vs. Enterprise

Mortgage Underwriter I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $70,174. While startup companies pay approximate $59,320.

Mortgage Underwriter I Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$59,320
Growth Stage	51~500	$62,763
Established	501~5000	$67,743
Enterprise	5000+	$70,174

Mortgage Underwriter I Salary by Industry: Top Paying Sectors

For Mortgage Underwriter I roles, the industry you choose can impact your earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 30% above the average. Conversely, Mortgage Underwriter positions in Business Services typically offer lower base pay, as this sector often view Mortgage Underwriter I as a support function rather than a direct revenue driver.

The top paying industry for a Mortgage Underwriter I

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Insurance	$84,865	$41.0	30%

Mortgage Underwriter I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mortgage Underwriter I'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.

$57,670

Average $64,289/year

$74,783

$4,806

Average $5,357/month

$6,232

$1,109

Average $1,236/week

$1,438

$28

Average $31/hour

$36

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$74,783	$6,232	$1,438	$36
Average	$64,289	$5,357	$1,236	$31
25th Percentile	$57,670	$4,806	$1,109	$28

Mortgage Underwriter I Salary Growth & Career Path

Mortgage Underwriter I

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Mortgage Underwriter I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Mortgage Underwriter I Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
Mortgage Underwriter II	$72,221	12%
Loan Underwriter II	$68,327	6%

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Mortgage Underwriter I Salary in Michigan

How much does a Mortgage Underwriter I make in Michigan?

Key Factors That Influence Mortgage Underwriter I Salaries

How Experience Level Affects Mortgage Underwriter I Salaries?

How Do Mortgage Underwriter Is Salaries Vary from State to State?

Top Paying Cities for Mortgage Underwriter I

Mortgage Underwriter I Salary by Company Size: Startups vs. Enterprise

Mortgage Underwriter I Salary by Company Size

Mortgage Underwriter I Salary by Industry: Top Paying Sectors

The top paying industry for a Mortgage Underwriter I

Mortgage Underwriter I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Mortgage Underwriter I Salary Growth & Career Path

Find Your Next Mortgage Underwriter I Job

For Employees

For Employers

Cost of Living In Michigan

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Mortgage Underwriter I Salary in Michigan

How much does a Mortgage Underwriter I make in Michigan?

Key Factors That Influence Mortgage Underwriter I Salaries

How Experience Level Affects Mortgage Underwriter I Salaries?

How Do Mortgage Underwriter Is Salaries Vary from State to State?

Top Paying Cities for Mortgage Underwriter I

Mortgage Underwriter I Salary by Company Size: Startups vs. Enterprise

Mortgage Underwriter I Salary by Company Size

Mortgage Underwriter I Salary by Industry: Top Paying Sectors

The top paying industry for a Mortgage Underwriter I

Mortgage Underwriter I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Mortgage Underwriter I Salary Growth & Career Path

Salaries of Jobs related to Mortgage Underwriter Is

Find Your Next Mortgage Underwriter I Job

For Employees

For Employers

Cost of Living In Michigan

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?