How much does a Mortgage Underwriter I make in Michigan? The average Mortgage Underwriter I salary in Michigan is $59,010 as of March 26, 2024, but the range typically falls between $51,198 and $69,325. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Mortgage Underwriter I Salary | $44,084 | MI | March 26, 2024 |
25th Percentile Mortgage Underwriter I Salary | $51,198 | MI | March 26, 2024 |
50th Percentile Mortgage Underwriter I Salary | $59,010 | MI | March 26, 2024 |
75th Percentile Mortgage Underwriter I Salary | $69,325 | MI | March 26, 2024 |
90th Percentile Mortgage Underwriter I Salary | $78,715 | MI | March 26, 2024 |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.
Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.
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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Location | Avg. Salary | Date Updated |
---|---|---|
Location Taylor, MI | Avg. Salary $60,146 | Date Updated March 26, 2024 |
Location Acme, MI | Avg. Salary $56,260 | Date Updated March 26, 2024 |
Location Ada, MI | Avg. Salary $57,994 | Date Updated March 26, 2024 |
Location Addison, MI | Avg. Salary $60,087 | Date Updated March 26, 2024 |
Location Adrian, MI | Avg. Salary $59,190 | Date Updated March 26, 2024 |
Location Afton, MI | Avg. Salary $55,543 | Date Updated March 26, 2024 |
Location Ahmeek, MI | Avg. Salary $56,858 | Date Updated March 26, 2024 |
Location Akron, MI | Avg. Salary $55,602 | Date Updated March 26, 2024 |
Location Alanson, MI | Avg. Salary $55,543 | Date Updated March 26, 2024 |
Location Alba, MI | Avg. Salary $55,543 | Date Updated March 26, 2024 |
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.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Mortgage Loan Processor I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Job Title Mortgage Operations Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Mortgage Underwriter I salary of your education level.
Mortgage Underwriter I salary varies from country to country. There are several factors that mainly impact the Mortgage Underwriter I salary, including cost of living, economic conditions, market rates and legal differences. Click below to Mortgage Underwriter I salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Mortgage Underwriter I salary varies from category to category. Click below to see Mortgage Underwriter I salary in different categories.
About Michigan Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th par....More
Skills associated with Mortgage Underwriter I: Real Estate Appraisal Report, Underwriting & Rating Software, Lending Regulatory Compliance, Mortgage Loans
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Jobs with a similar salary range to Mortgage Underwriter I : Junior Underwriter, Mortgage Agent
Salary estimation for Mortgage Underwriter I at companies like : Department of Procurement Services, Farah Holding Company Inc, Contact SB Automotives LLC
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