As of February 01, 2025, the average annual salary for a Mortgage Underwriter I in Skokie, IL is $64,109. Salary.com reports that pay typically ranges from $55,617 to $75,310, with most professionals earning between $47,885 and $85,508.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,792 | $5,983 | $1,381 | $35 |
| Average | $61,115 | $5,093 | $1,175 | $29 |
| 25th Percentile | $53,019 | $4,418 | $1,020 | $25 |
An entry-level Mortgage Underwriter I with under 1 year experience makes about $62,924. With less than 2 years of experience, a mid-level Mortgage Underwriter I makes around $63,884. After 2-4 years, the Mortgage Underwriter I pay rises to about $66,370. Those senior Mortgage Underwriter I with 5-8 years of experience earn roughly $66,867, and those Mortgage Underwriter I having 8 years or more experience are expected to earn about $67,199 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter I | $62,924 |
| Intermediate Level Mortgage Underwriter I | $63,884 |
| Senior Level Mortgage Underwriter I | $66,370 |
| Specialist Level Mortgage Underwriter I | $66,867 |
| Expert Level Mortgage Underwriter I | $67,199 |
| Entry Level | 3% |
| Mid Level | 5% |
| Senior Level | 9% |
| Top Level | 9% |
| Experienced | 10% |
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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
|
$84,624 |
32%
|
|
Partnering
|
$73,725 |
15%
|
|
Verbal Communication
|
$69,879 |
9%
|
|
Presentation
|
$68,597 |
7%
|
|
Insight
|
$67,956 |
6%
|
|
Tax Return
|
$67,956 |
6%
|
