Mortgage Underwriter II Salary in the United States

How much does a Mortgage Underwriter II make hourly in the United States? The average hourly wage for a Mortgage Underwriter II in the United States is $31 as of May 31, 2019, but the range typically falls between $27 and $35. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Recently searched related titles: Loan Underwriter, Real Estate Underwriter, Commercial Lines Underwriter

Job Description

Mortgage Underwriter II underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Being a Mortgage Underwriter II assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter II typically reports to a supervisor or manager. The Mortgage Underwriter II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Mortgage Underwriter II typically requires 2 to 4 years of related experience. (Copyright 2019 Salary.com)

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Understand the total hourly compensation opportunity for a Mortgage Underwriter II, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
27
35
31

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
27
37
32
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Mortgage Underwriter II in the United States. The average hourly rate for Mortgage Underwriter II ranges from $27 to $35 with the average hourly pay of $31. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $27 to $37 with the average total hourly cash compensation of $32.
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27
35

 

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Job Openings for Mortgage Underwriter II
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+ 11.2%
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-2.5%
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+ 21.0%
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-0.7%
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