As of April 01, 2025, the average annual salary for a Mortgage Underwriter I in Union City, NJ is $71,322. Salary.com reports that pay typically ranges from $64,406 to $76,339, with most professionals earning between $58,109 and $80,907.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $76,339 | $6,362 | $1,468 | $37 |
| Average | $71,322 | $5,944 | $1,372 | $34 |
| 25th Percentile | $64,406 | $5,367 | $1,239 | $31 |
An entry-level Mortgage Underwriter I with under 1 year experience makes about $70,806. With less than 2 years of experience, a mid-level Mortgage Underwriter I makes around $71,472. After 2-4 years, the Mortgage Underwriter I pay rises to about $72,595. Those senior Mortgage Underwriter I with 5-8 years of experience earn roughly $72,820, and those Mortgage Underwriter I having 8 years or more experience are expected to earn about $72,970 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter I | $70,806 |
| Intermediate Level Mortgage Underwriter I | $71,472 |
| Senior Level Mortgage Underwriter I | $72,595 |
| Specialist Level Mortgage Underwriter I | $72,820 |
| Expert Level Mortgage Underwriter I | $72,970 |
| Entry Level | 15% |
| Mid Level | 16% |
| Senior Level | 18% |
| Top Level | 18% |
| Experienced | 19% |
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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
|
$94,145 |
32%
|
|
Partnering
|
$82,021 |
15%
|
|
Verbal Communication
|
$77,741 |
9%
|
|
Presentation
|
$76,315 |
7%
|
|
Insight
|
$75,602 |
6%
|
|
Tax Return
|
$75,602 |
6%
|
