As of May 01, 2025, the average annual salary for a Mortgage Underwriter I in Utah is $58,934. Salary.com reports that pay typically ranges from $53,219 to $63,079, with most professionals earning between $48,015 and $66,853.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $63,079 | $5,257 | $1,213 | $30 |
| Average | $58,934 | $4,911 | $1,133 | $28 |
| 25th Percentile | $53,219 | $4,435 | $1,023 | $26 |
An entry-level Mortgage Underwriter I with under 1 year experience makes about $58,507. With less than 2 years of experience, a mid-level Mortgage Underwriter I makes around $59,057. After 2-4 years, the Mortgage Underwriter I pay rises to about $59,985. Those senior Mortgage Underwriter I with 5-8 years of experience earn roughly $60,171, and those Mortgage Underwriter I having 8 years or more experience are expected to earn about $60,295 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter I | $58,507 |
| Intermediate Level Mortgage Underwriter I | $59,057 |
| Senior Level Mortgage Underwriter I | $59,985 |
| Specialist Level Mortgage Underwriter I | $60,171 |
| Expert Level Mortgage Underwriter I | $60,295 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 2% |
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Mortgage Underwriter I salary varies from city to city. Compared with national average salary of Mortgage Underwriter I, the highest Mortgage Underwriter I salary is in San Francisco, CA, where the Mortgage Underwriter I salary is 24.9% above. The lowest Mortgage Underwriter I salary is in Miami, FL, where the Mortgage Underwriter I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $76,861 |
24.9%
|
| Washington, DC | $68,140 |
10.7%
|
| Miami, FL | $59,131 |
|
| Chicago, IL | $63,599 |
3.3%
|
| Boston, MA | $68,639 |
11.5%
|
| New York, NY | $71,322 |
15.9%
|
