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Mortgage Underwriter III Salary in Lansing, Michigan

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Mortgage Underwriter III Salary in Lansing, MI

What is the highest and lowest pay for Mortgage Underwriter III?

As of December 01, 2024, the average annual pay of Mortgage Underwriter III in Lansing, MI is $86,369. While Salary.com is seeing that the highest pay for Mortgage Underwriter III in Lansing, MI can go up to $110,443 and the lowest down to $67,606, but most earn between $76,548 and $98,970. Salary.com shows 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.

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Mortgage Underwriter III Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $102,242 $8,520 $1,966 $49
Average $89,224 $7,435 $1,716 $43
25th Percentile $79,078 $6,590 $1,521 $38
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Average Salary

25% $76,548 10% $67,606 90% $110,443 75% $98,970 $86,369 50%(Median) Didn’t find job title? Click
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View Mortgage Underwriter III Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Mortgage Underwriter III salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Mortgage Underwriter III hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$79,078
Average
$89,224/year
$102,242
$6,590
Average
$7,435/month
$8,520
$1,521
Average
$1,716/week
$1,966
$38
Average
$43/hour
$49
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $102,242 $8,520 $1,966 $49
Average $89,224 $7,435 $1,716 $43
25th Percentile $79,078 $6,590 $1,521 $38
Last Updated on December 01, 2024

View Mortgage Underwriter III Salary by Experience Levels

An entry-level Mortgage Underwriter III with under 1 year experience makes about $81,614. With less than 2 years of experience, a mid-level Mortgage Underwriter III makes around $82,344. After 2-4 years, the Mortgage Underwriter III pay rises to about $84,241. Those senior Mortgage Underwriter III with 5-8 years of experience earn roughly $87,303, and those Mortgage Underwriter III having 8 years or more experience are expected to earn about $91,610 on average.

Levels Salary
Entry Level Mortgage Underwriter III $81,614
Intermediate Level Mortgage Underwriter III $82,344
Senior Level Mortgage Underwriter III $84,241
Specialist Level Mortgage Underwriter III $87,303
Expert Level Mortgage Underwriter III $91,610
$81,614 0 yr
$82,344 < 2 yrs
$84,241 2-4 yrs
$87,303 5-8 yrs
$91,610 > 8 yrs
Last Updated on December 01, 2024
Entry Level 9%
Mid Level 8%
Senior Level 6%
Top Level 2%
Experienced 3%
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Last Updated on December 01, 2024

Highest Paying Cities in Michigan for Mortgage Underwriter III

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Salaries of Jobs Related to Mortgage Underwriter III

Job Openings of Mortgage Underwriter III

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Cost of Living In Lansing, MI

Cost of Living in Lansing , MI is
-5.8% Lower
than the National Average
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Best-Paid Skills and Qualifications for Mortgage Underwriter III

What skills does a Mortgage Underwriter III need?

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.

See More Skills
Analysis 4.55%
Tax Return 1.64%
Mortgage Products 0.98%
Others 92.83%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Mortgage Underwriter III higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Analytical Skills, you can get a 15% salary raise. If you are good at Team Management, your salary will increase by 13%. If you are expert in Insight, your salary will rise by 11%.
Skill Salary Demand
Analytical Skills
 $99,324
15%
Team Management
 $97,596
13%
Insight
 $95,869
11%
Communication Skills
 $94,142
9%
Written Communication
 $94,142
9%
Financial Services
 $93,278
8%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Mortgage Underwriter III is $86,369 per year in Lansing, MI, updated at December 01, 2024.
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