Mortgage Underwriter I Salaries in Thunder Bay, ON
Alternate Job Titles: Entry Mortgage Underwriter
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How much does a Mortgage Underwriter I in Thunder Bay, ON make? The median annual Mortgage Underwriter I salary in Thunder Bay, ON is C$50,131, as of March 27, 2024, with a range usually between C$45,732-C$56,895 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Mortgage Underwriter I may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Mortgage Underwriter I in Thunder Bay, ON.
This chart describes the expected percentage of people who perform the job of Mortgage Underwriter I in Thunder Bay, Ontario that make less than that annual salary. For example the median expected annual pay for a typical Mortgage Underwriter I in Thunder Bay, ON is C$50,131, so 50% of the people who perform the job of Mortgage Underwriter I in Thunder Bay, ON are expected to make less than C$50,131.
Source: HR Reported data as of March 27, 2024
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This chart describes the expected percentage of people who perform the job of Mortgage Underwriter I in Thunder Bay, ON that make less than that salary. For example 50% of the people who perform the job of Mortgage Underwriter I in Thunder Bay, ON are expected to make less than the median.
Source: HR Reported data as of March 27, 2024
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Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0-2 years of related experience. View full job description
View Banking Jobs by Salary Range: <$30K, $30K–$50K, $50K–$80K, $80K–$100K, >$100K
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- Mortgage Underwriter I Salaries with a High School Diploma or Technical Certificate
- Mortgage Underwriter I Salaries with an Associate's Degree
- Mortgage Underwriter I Salaries with a Bachelor's Degree
- Mortgage Underwriter I Salaries with a Master's Degree or MBA
- Mortgage Underwriter I Salaries with a JD, MD, PhD or Equivalent
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