As of May 01, 2025, the average annual salary for a Mortgage Underwriter I in Warwick, RI is $63,777. Salary.com reports that pay typically ranges from $57,592 to $68,263, with most professionals earning between $51,962 and $72,348.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $68,263 | $5,689 | $1,313 | $33 |
| Average | $63,777 | $5,315 | $1,226 | $31 |
| 25th Percentile | $57,592 | $4,799 | $1,108 | $28 |
An entry-level Mortgage Underwriter I with under 1 year experience makes about $63,315. With less than 2 years of experience, a mid-level Mortgage Underwriter I makes around $63,911. After 2-4 years, the Mortgage Underwriter I pay rises to about $64,915. Those senior Mortgage Underwriter I with 5-8 years of experience earn roughly $65,116, and those Mortgage Underwriter I having 8 years or more experience are expected to earn about $65,250 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter I | $63,315 |
| Intermediate Level Mortgage Underwriter I | $63,911 |
| Senior Level Mortgage Underwriter I | $64,915 |
| Specialist Level Mortgage Underwriter I | $65,116 |
| Expert Level Mortgage Underwriter I | $65,250 |
| Entry Level | 3% |
| Mid Level | 4% |
| Senior Level | 5% |
| Top Level | 6% |
| Experienced | 6% |
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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
|
$84,186 |
32%
|
|
Partnering
|
$73,344 |
15%
|
|
Verbal Communication
|
$69,517 |
9%
|
|
Presentation
|
$68,241 |
7%
|
|
Insight
|
$67,604 |
6%
|
|
Tax Return
|
$67,604 |
6%
|
