How much does a Mortgage Underwriter III make in Massachusetts? The average Mortgage Underwriter III salary in Massachusetts is $95,595 as of April 24, 2024, but the range typically falls between $84,727 and $109,547. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Mortgage Underwriter III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter III Salary $74,832 MA April 24, 2024
25th Percentile Mortgage Underwriter III Salary $84,727 MA April 24, 2024
50th Percentile Mortgage Underwriter III Salary $95,595 MA April 24, 2024
75th Percentile Mortgage Underwriter III Salary $109,547 MA April 24, 2024
90th Percentile Mortgage Underwriter III Salary $122,249 MA April 24, 2024
25% $84,727 10% $74,832 90% $122,249 75% $109,547 $95,595 50%(Median) Didn’t find job title? Click
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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.

Analysis 4.55%
Tax Return 1.64%
Mortgage Products 0.98%
Others 92.83%

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 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter III in Massachusetts
  • Job Description. Job Description. Role. To approve or deny mortgage and home equity applications, following Credit Union standards as well as secondary mar...
    - 5 Days Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...
    - 9 Months Ago
  • Job Title. Research Engineer III. Agency. Texas A&M University System Offices. Department. Bush Combat Development Complex. Proposed Minimum Salary. Commen...
    - 13 Days Ago
  • UWM is looking for self-starters for our Mortgage Operations teams. You’ll help make sure loan documents are handled quickly, correctly and on time. What Y...
    - 6 Months Ago
  • Who We Are. Valley Health System is a not-for-profit network of hospitals, urgent cares, physician practices, and services. Expanding across Virginia, West...
    - 3 Months Ago

Select a city to view specific salary and bonus information for Mortgage Underwriter III

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Location Avg. Salary Date Updated
Location Attleboro, MA Avg. Salary $92,169 Date Updated April 24, 2024
Location Barnstable, MA Avg. Salary $93,135 Date Updated April 24, 2024
Location Fitchburg, MA Avg. Salary $93,662 Date Updated April 24, 2024
Location Hyannis, MA Avg. Salary $92,784 Date Updated April 24, 2024
Location Leominster, MA Avg. Salary $92,520 Date Updated April 24, 2024
Location Malden, MA Avg. Salary $98,495 Date Updated April 24, 2024
Location Methuen, MA Avg. Salary $93,838 Date Updated April 24, 2024
Location Newton, MA Avg. Salary $98,495 Date Updated April 24, 2024
Location Revere, MA Avg. Salary $98,495 Date Updated April 24, 2024
Location Weymouth, MA Avg. Salary $95,947 Date Updated April 24, 2024

Career Path for Mortgage Underwriter III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Underwriter III, the upper level is Mortgage Underwriter IV and then progresses to Mortgage Underwriting Manager.

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Mortgage Underwriter III Salary in Massachusetts
Mortgage Underwriter III Salary Graph, Regional Distribution and Summary