As of April 01, 2025, the average annual salary for a Mortgage Underwriter I in Warren, MI is $61,147. Salary.com reports that pay typically ranges from $53,054 to $71,838, with most professionals earning between $45,686 and $81,573.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,831 | $5,986 | $1,381 | $35 |
| Average | $61,141 | $5,095 | $1,176 | $29 |
| 25th Percentile | $53,049 | $4,421 | $1,020 | $26 |
An entry-level Mortgage Underwriter I with under 1 year experience makes about $59,991. With less than 2 years of experience, a mid-level Mortgage Underwriter I makes around $60,906. After 2-4 years, the Mortgage Underwriter I pay rises to about $63,276. Those senior Mortgage Underwriter I with 5-8 years of experience earn roughly $63,750, and those Mortgage Underwriter I having 8 years or more experience are expected to earn about $64,066 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter I | $59,991 |
| Intermediate Level Mortgage Underwriter I | $60,906 |
| Senior Level Mortgage Underwriter I | $63,276 |
| Specialist Level Mortgage Underwriter I | $63,750 |
| Expert Level Mortgage Underwriter I | $64,066 |
| Entry Level | 2% |
| Mid Level | 0% |
| Senior Level | 3% |
| Top Level | 4% |
| Experienced | 5% |
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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
|
$80,714 |
32%
|
|
Partnering
|
$70,319 |
15%
|
|
Verbal Communication
|
$66,650 |
9%
|
|
Presentation
|
$65,427 |
7%
|
|
Insight
|
$64,816 |
6%
|
|
Tax Return
|
$64,816 |
6%
|
