As of April 01, 2025, the average annual salary for a Mortgage Underwriter II in Palatine, IL is $72,498. Salary.com reports that pay typically ranges from $64,041 to $82,338, with most professionals earning between $56,342 and $91,298.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $81,370 | $6,781 | $1,565 | $39 |
| Average | $71,645 | $5,970 | $1,378 | $34 |
| 25th Percentile | $63,288 | $5,274 | $1,217 | $30 |
An entry-level Mortgage Underwriter II with under 1 year experience makes about $69,721. With less than 2 years of experience, a mid-level Mortgage Underwriter II makes around $69,973. After 2-4 years, the Mortgage Underwriter II pay rises to about $73,232. Those senior Mortgage Underwriter II with 5-8 years of experience earn roughly $77,345, and those Mortgage Underwriter II having 8 years or more experience are expected to earn about $77,638 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter II | $69,721 |
| Intermediate Level Mortgage Underwriter II | $69,973 |
| Senior Level Mortgage Underwriter II | $73,232 |
| Specialist Level Mortgage Underwriter II | $77,345 |
| Expert Level Mortgage Underwriter II | $77,638 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 2% |
| Top Level | 8% |
| Experienced | 8% |
Not the salary data you are looking for? Choose the city salary you want to see.
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.
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
|
$81,197 |
12%
|
|
Insight
|
$79,747 |
10%
|
|
Wholesale
|
$76,847 |
6%
|
|
Regulatory Compliance
|
$76,847 |
6%
|
|
Planning
|
$76,847 |
6%
|
|
Presentation
|
$76,847 |
6%
|
