As of April 01, 2025, the average annual salary for a Mortgage Underwriter I in Milford, DE is $64,503. Salary.com reports that pay typically ranges from $58,248 to $69,040, with most professionals earning between $52,553 and $73,171.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $65,872 | $5,489 | $1,267 | $32 |
| Average | $61,543 | $5,129 | $1,184 | $30 |
| 25th Percentile | $55,575 | $4,631 | $1,069 | $27 |
An entry-level Mortgage Underwriter I with under 1 year experience makes about $64,036. With less than 2 years of experience, a mid-level Mortgage Underwriter I makes around $64,639. After 2-4 years, the Mortgage Underwriter I pay rises to about $65,654. Those senior Mortgage Underwriter I with 5-8 years of experience earn roughly $65,858, and those Mortgage Underwriter I having 8 years or more experience are expected to earn about $65,993 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter I | $64,036 |
| Intermediate Level Mortgage Underwriter I | $64,639 |
| Senior Level Mortgage Underwriter I | $65,654 |
| Specialist Level Mortgage Underwriter I | $65,858 |
| Expert Level Mortgage Underwriter I | $65,993 |
| Entry Level | 4% |
| Mid Level | 5% |
| Senior Level | 7% |
| Top Level | 7% |
| Experienced | 7% |
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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.
| Skill | Salary | Demand |
|---|---|---|
|
Consulting
|
$85,144 |
32%
|
|
Partnering
|
$74,179 |
15%
|
|
Verbal Communication
|
$70,309 |
9%
|
|
Presentation
|
$69,018 |
7%
|
|
Insight
|
$68,373 |
6%
|
|
Tax Return
|
$68,373 |
6%
|
