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Manitoba Mortgage Underwriter II Salaries

    • How much does a Mortgage Underwriter II make in Manitoba? Manitoba Mortgage Underwriter II salaries vary greatly from town to town. See below for Mortgage Underwriter II salaries, bonus and benefits information for 1 city in the Manitoba area.

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Mortgage Underwriter II's Annual Base Salary
Job Title Salary Location Date Updated
Mortgage Underwriter II C$67,177 Winnipeg, MB September 23, 2026
Job Openings for Mortgage Underwriter II in Manitoba
    • Evaluates the risk of mortgage loan applications against the firm's objectives and borrowing guidelines using analysis and assessment of creditworthiness criteria. Reviews the applicant's financial status, documents, data, and property appraisal. Calculates LTV ratio (loan to value) to define the loan program eligibility, down payment, interest rate, repayment terms, and allowed loan amounts. Makes approval, rejection, or modification decisions based on underwriting guidelines and established approval limits. Complies with all federal regulations, state laws, and internal policies related to mortgage lending. Escalates non-conforming loans that require approval review using an exception process. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.

      Alternate Job Titles: Intermediate Mortgage Underwriter
      Categories: Banking