Mortgage Underwriter II Salary in Indianapolis, Indiana

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Mortgage Underwriter II Salary in Indianapolis, IN

How much does a Mortgage Underwriter II make in Indianapolis, IN? The average Mortgage Underwriter II salary in Indianapolis, IN is $70,248 as of April 24, 2024, but the range typically falls between $61,275 and $80,678. Salary ranges 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. 

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Mortgage Underwriter II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter II Salary $53,107 Indianapolis,IN April 24, 2024
25th Percentile Mortgage Underwriter II Salary $61,275 Indianapolis,IN April 24, 2024
50th Percentile Mortgage Underwriter II Salary $70,248 Indianapolis,IN April 24, 2024
75th Percentile Mortgage Underwriter II Salary $80,678 Indianapolis,IN April 24, 2024
90th Percentile Mortgage Underwriter II Salary $90,175 Indianapolis,IN April 24, 2024
25% $61,275 10% $53,107 90% $90,175 75% $80,678 $70,248 50%(Median) Didn’t find job title? Click
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Phlebotomy - Phlebotomist II

TalentBurst, Inc. - Greenville, SC

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What skills does a Mortgage Underwriter II need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.

3.

Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.

See More Skills
Analysis 4.9%
Tax Return 1.68%
Mortgage Products 0.96%
Others 92.46%

Job Description for Mortgage Underwriter II

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 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Mortgage Underwriter II information for you to search for. Click on search button below to see Mortgage Underwriter II job openings or enter a new job title here.

Job Openings for Mortgage Underwriter II in Indianapolis, IN
  • Sb Llc - Indianapolis, IN
    Customer Service Representative II/Mortgage Professional. Corporate Indianapolis, Indiana Minimum Experience **Mid-level** Compensation **$15.92 per hour +...
    - Just Posted
  • TDEC - Indianapolis, IN
    Job Description. Job Description. Salary: $18-$20/hr DOE. TDEC, a nationally recognized Business Processing Outsourcing (BPO) Organization, seeks a Mortgag...
    - 4 Days Ago
  • Strongbridge - Indianapolis, IN
    Job Description. Job Description. Salary: $23.33/hr. This is not a 100% remote role. Strongbridge LLC, is seeking full time Customer Service. Representativ...
    - 4 Days Ago
  • TalentBurst, Inc. - Greenville, SC
    Title: Phlebotomist II. Hours: Monday - Friday 8:30 am - 12:30 pm (20 hrs/week). Duration: 2 months. Location: Greenville SC 29609. Job Description. Under ...
    - Just Posted
  • GAF Materials Corporation - Baltimore, MD
    Job Description. Introduction. At GAF, we cover more than just buildings. We cover each other. Under this roof, you will have the tools and resources you n...
    - 6 Months Ago

Career Path for Mortgage Underwriter II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Underwriter II, the upper level is Mortgage Underwriter III and then progresses to Mortgage Underwriter IV.

Mortgage Underwriter II
Mortgage Underwriter III
Mortgage Underwriter IV
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Mortgage Underwriter II Pay Difference by Location

Mortgage Underwriter II salary varies from city to city. Compared with national average salary of Mortgage Underwriter II, the highest Mortgage Underwriter II salary is in San Francisco, CA, where the Mortgage Underwriter II salary is 25.0% above. The lowest Mortgage Underwriter II salary is in Miami, FL, where the Mortgage Underwriter II salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Mortgage Underwriter II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
61275
80678
70248

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63102
84934
72665
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter II in Indianapolis, IN. The base salary for Mortgage Underwriter II ranges from $61,275 to $80,678 with the average base salary of $70,248. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,102 to $84,934 with the average total cash compensation of $72,665.
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61275
80678

 

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About Indianapolis, Indiana    Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indiana....More

Indianapolis, Indiana  area prices were up 1.3% from a year ago    View the Cost of Living in Indianapolis, Indiana

Mortgage Underwriter II Salary in popular cities: Fort Wayne, Evansville, South Bend

Skills associated with Mortgage Underwriter II: Underwriting & Rating Software, Lending Regulatory Compliance, Real Estate Appraisal Report, Mortgage Loans

Recently searched related titles: Consumer Lending Underwriter

Jobs with a similar salary range to Mortgage Underwriter II : Mortgage Loan Underwriter, Residential Underwriter, Mortgage Underwriter

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