How much does a Mortgage Underwriter I make in Philadelphia, PA? The average Mortgage Underwriter I salary in Philadelphia, PA is $61,425 as of January 26, 2023, but the range typically falls between $53,286 and $72,154. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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 2023 Salary.com)... View full job description
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to ... More
Maiden Holdings, Ltd.
Fiscal Year Ended in 2021
What does a Mortgage Underwriter I do?
Mortgage Underwriter I in Virginia Beach, VA
Assist in training new underwriters and origination staff members.
December 01, 2019
Mortgage Underwriter I in Petersburg, VA
Let’s take a closer look at some key information that an underwriter might review for a loan decision.
October 07, 2019
Mortgage Underwriter I in Sarasota, FL
The job title could be described by saying that the underwriter would review the credit history of the applicant and to make sure that the applicant meets all the terms and the conditions for the loan they have applied for.
Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most populous U.S. city, with a 2017 census-estimated population of 1,580,863. Since 1854, the city has been coterminous with Philadelphia County, the most populous county in Pennsylvania and the urban core of the eighth-largest U.S. metropolitan statistical area, with over 6 million residents as of 2017[update]. Philadelphia is also the economic and cultural anchor of the greater Delaware Valley, located along the lower Delaware and Schuylkill Rivers, wit...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter I in Philadelphia, PA. The base salary for Mortgage Underwriter I ranges from $53,286 to $72,154 with the average base salary of $61,425. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,036 to $75,520 with the average total cash compensation of $63,602.