As of January 01, 2025, the average annual salary for a Mortgage Underwriter III in Dearborn, MI is $90,129. According to Salary.com, salaries can range from a low of $70,553 to a high of $115,264, with most professionals earning between $79,883 and $103,286.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $102,466 | $8,539 | $1,971 | $49 |
| Average | $89,414 | $7,451 | $1,720 | $43 |
| 25th Percentile | $79,249 | $6,604 | $1,524 | $38 |
An entry-level Mortgage Underwriter III with under 1 year experience makes about $84,987. With less than 2 years of experience, a mid-level Mortgage Underwriter III makes around $85,747. After 2-4 years, the Mortgage Underwriter III pay rises to about $87,722. Those senior Mortgage Underwriter III with 5-8 years of experience earn roughly $90,911, and those Mortgage Underwriter III having 8 years or more experience are expected to earn about $95,395 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter III | $84,987 |
| Intermediate Level Mortgage Underwriter III | $85,747 |
| Senior Level Mortgage Underwriter III | $87,722 |
| Specialist Level Mortgage Underwriter III | $90,911 |
| Expert Level Mortgage Underwriter III | $95,395 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 7% |
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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 |
|---|---|---|
|
Analytical Skills
|
$103,649 |
15%
|
|
Team Management
|
$101,846 |
13%
|
|
Insight
|
$100,044 |
11%
|
|
Communication Skills
|
$98,241 |
9%
|
|
Written Communication
|
$98,241 |
9%
|
|
Financial Services
|
$97,340 |
8%
|
