1. What is the average salary of a Mortgage Underwriter III?
The average annual salary of Mortgage Underwriter III is $94,401.
In case you are finding an easy salary calculator,
the average hourly pay of Mortgage Underwriter III is $45;
the average weekly pay of Mortgage Underwriter III is $1,815;
the average monthly pay of Mortgage Underwriter III is $7,867.
2. Where can a Mortgage Underwriter III earn the most?
A Mortgage Underwriter III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Mortgage Underwriter III earns the most in San Jose, CA, where the annual salary of a Mortgage Underwriter III is $119,068.
3. What is the highest pay for Mortgage Underwriter III?
The highest pay for Mortgage Underwriter III is $107,845.
4. What is the lowest pay for Mortgage Underwriter III?
The lowest pay for Mortgage Underwriter III is $77,602.
5. What are the responsibilities of 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. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience.
6. What are the skills of Mortgage Underwriter III
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.