How much does a Mortgage Underwriter IV make in the United States? The average Mortgage Underwriter IV salary in the United States is $108,034 as of June 27, 2024, but the range typically falls between $98,481 and $126,984. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Mortgage Underwriter IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter IV Salary $89,783 US June 27, 2024
25th Percentile Mortgage Underwriter IV Salary $98,481 US June 27, 2024
50th Percentile Mortgage Underwriter IV Salary $108,034 US June 27, 2024
75th Percentile Mortgage Underwriter IV Salary $126,984 US June 27, 2024
90th Percentile Mortgage Underwriter IV Salary $144,237 US June 27, 2024
25% $98,481 10% $89,783 90% $144,237 75% $126,984 $108,034 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Underwriter IV 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 4.5%
Tax Return 1.59%
Mortgage Products 0.98%
Others 92.93%
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Job Description for Mortgage Underwriter IV

Mortgage Underwriter IV 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 IV assesses risks to determine approval status of complex loans. May help train lower level underwriters. Additionally, Mortgage Underwriter IV may require a bachelor's degree. Typically reports to a manager. Mortgage Underwriter IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Mortgage Underwriter IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter IV

Career Path for Mortgage Underwriter IV

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 IV, the first career path typically progresses to Mortgage Underwriting Manager.

Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Mortgage Underwriter IV salary varies from city to city. Compared with national average salary of Mortgage Underwriter IV, the highest Mortgage Underwriter IV salary is in San Francisco, CA, where the Mortgage Underwriter IV salary is 25.0% above. The lowest Mortgage Underwriter IV salary is in Miami, FL, where the Mortgage Underwriter IV salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total compensation opportunity for a Mortgage Underwriter IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
98481
126984
108034

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
108160
144313
119250
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter IV in the United States. The base salary for Mortgage Underwriter IV ranges from $98,481 to $126,984 with the average base salary of $108,034. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $108,160 to $144,313 with the average total cash compensation of $119,250.
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98481
126984

 

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Skills associated with Mortgage Underwriter IV: Mortgage Loans, Real Estate Appraisal Report, Lending Regulatory Compliance, Underwriting & Rating Software

Salary estimation for Mortgage Underwriter IV at companies like : Centers Plan for Healthy, Data Lok, Ancor International Group Inc

Mortgage Underwriter IV Salary in United States
Mortgage Underwriter IV Salary Graph, Regional Distribution and Summary