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Newfoundland and Labrador Mortgage Underwriter III Salaries

    • How much does a Mortgage Underwriter III make in Newfoundland and Labrador? Newfoundland and Labrador Mortgage Underwriter III salaries vary greatly from town to town. See below for Mortgage Underwriter III salaries, bonus and benefits information for 1 city in the Newfoundland and Labrador area.

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Mortgage Underwriter III's Annual Base Salary
Job Title Salary Location Date Updated
Mortgage Underwriter III C$90,792 St. John's, NL September 23, 2026
Job Openings for Mortgage Underwriter III in Newfoundland and Labrador
    • Evaluates the risk of mortgage loan applications against the firm's objectives and borrowing guidelines using analysis and assessment of creditworthiness criteria. Reviews the applicant's financial status, documents, data, and property appraisal. Calculates LTV ratio (loan to value) to define the loan program eligibility, down payment, interest rate, repayment terms, and allowed loan amounts. Makes approval, rejection, or modification decisions based on underwriting guidelines and established approval limits. Complies with all federal regulations, state laws, and internal policies related to mortgage lending. Escalates non-conforming loans that require approval review using an exception process. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.

      Alternate Job Titles: Senior Mortgage Underwriter
      Categories: Banking