Mortgage Underwriter I Salary in Philadelphia, Pennsylvania

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Mortgage Underwriter I Salary in Philadelphia, PA

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. 

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Jobs with a similar salary range to Mortgage Underwriter I : Cardiology Tech, Simulation Center Director, Operation Analyst

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Based on HR-reported data: a national average with a geographic differential
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25% $53,286 10% $45,875 90% $81,922 75% $72,154 $61,425 50%(Median)

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Check out Mortgage Underwriter jobs in Philadelphia, Pennsylvania

Senior Loan Officer

CrossCountry Mortgage, LLC. - Philadelphia, PA

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Senior Loan Officer

CrossCountry Mortgage, LLC. - Allentown, PA

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Senior Loan Officer

CrossCountry Mortgage, LLC. - Barnegat, NJ

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Senior Loan Officer

CrossCountry Mortgage, LLC. - Conshohocken, PA

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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 2023 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter I in Philadelphia, PA
Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd.
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
Fiscal Year Ended in 2021
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Mortgage Underwriter I Pay Difference by Location

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Mortgage Underwriter I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
53286
72154
61425

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
55036
75520
63602
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.
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53286
72154

 

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About Philadelphia, Pennsylvania    Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most popul....More

Philadelphia, Pennsylvania  area prices were up 1.0% from a year ago    View the Cost of Living in Philadelphia, Pennsylvania

Mortgage Underwriter I Salary in popular cities: Pittsburgh, Allentown, Erie

Skills associated with Mortgage Underwriter I: Mortgage Loans, Real Estate Appraisal Review, Lending Regulatory Compliance, Underwriting & Rating Software

Recently searched related titles: Auto Loan Underwriter

Salary estimation for Mortgage Underwriter I at companies like : HCI GROUP INC, KINGSWAY FINANCIAL SERVICES INC, PRIMERICA INC

Jobs with a similar salary range to Mortgage Underwriter I : Quality Systems Auditor, Archivist, Freight Analyst