As of April 01, 2025, the average annual salary for a Mortgage Underwriter I in Rio Rancho, NM is $57,678. Salary.com reports that pay typically ranges from $52,085 to $61,735, with most professionals earning between $46,993 and $65,429.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $61,735 | $5,145 | $1,187 | $30 |
| Average | $57,678 | $4,807 | $1,109 | $28 |
| 25th Percentile | $52,085 | $4,340 | $1,002 | $25 |
An entry-level Mortgage Underwriter I with under 1 year experience makes about $57,261. With less than 2 years of experience, a mid-level Mortgage Underwriter I makes around $57,799. After 2-4 years, the Mortgage Underwriter I pay rises to about $58,708. Those senior Mortgage Underwriter I with 5-8 years of experience earn roughly $58,889, and those Mortgage Underwriter I having 8 years or more experience are expected to earn about $59,010 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter I | $57,261 |
| Intermediate Level Mortgage Underwriter I | $57,799 |
| Senior Level Mortgage Underwriter I | $58,708 |
| Specialist Level Mortgage Underwriter I | $58,889 |
| Expert Level Mortgage Underwriter I | $59,010 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 4% |
| Experienced | 4% |
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Mortgage Underwriter I information for you to search for. Click on search button below to see Mortgage Underwriter I job openings or enter a new job title here.
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
|
$76,135 |
32%
|
|
Partnering
|
$66,330 |
15%
|
|
Verbal Communication
|
$62,869 |
9%
|
|
Presentation
|
$61,716 |
7%
|
|
Insight
|
$61,139 |
6%
|
|
Tax Return
|
$61,139 |
6%
|
