How much does a Mortgage Underwriter III make in the United States? The average Mortgage Underwriter III salary in the United States is $86,426 as of September 25, 2023, but the range typically falls between $76,596 and $99,032. 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, helps you determine your exact pay target. 

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Based on HR-reported data: a national average with a geographic differential
Mortgage Underwriter III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter III Salary $67,646 US September 25, 2023
25th Percentile Mortgage Underwriter III Salary $76,596 US September 25, 2023
50th Percentile Mortgage Underwriter III Salary $86,426 US September 25, 2023
75th Percentile Mortgage Underwriter III Salary $99,032 US September 25, 2023
90th Percentile Mortgage Underwriter III Salary $110,508 US September 25, 2023
25% $76,596 10% $67,646 90% $110,508 75% $99,032 $86,426 50%(Median) Didn’t find job title? Click
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Check out Mortgage Underwriter jobs in Ashburn, Virginia

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Dilbert Financial - Arlington, VA

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Job Description for Mortgage Underwriter III

Mortgage Underwriter III underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process and assists with property inspections. Being a Mortgage Underwriter III assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter III typically reports to a supervisor or manager. The Mortgage Underwriter III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Mortgage Underwriter III typically requires 4 to 7 years of related experience. (Copyright 2023 View full job description

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Job Openings for Mortgage Underwriter III
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Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers primarily in Europe and internationally. The company writes treaties on a quota share basis and excess of loss basis. It also offers auto and credit life insurance products through its insurer partners to ... More
Fiscal Year Ended in 2022
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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
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter III in the United States. The base salary for Mortgage Underwriter III ranges from $76,596 to $99,032 with the average base salary of $86,426. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $79,742 to $105,486 with the average total cash compensation of $91,160.
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Skills associated with Mortgage Underwriter III: Real Estate Appraisal Report, Lending Regulatory Compliance, Mortgage Loans, Underwriting & Rating Software

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