As of April 01, 2025, the average annual salary for a Mortgage Underwriter IV in Toledo, OH is $106,195. Salary.com reports that pay typically ranges from $100,494 to $112,290, with most professionals earning between $95,302 and $117,838.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $116,447 | $9,704 | $2,239 | $56 |
| Average | $110,127 | $9,177 | $2,118 | $53 |
| 25th Percentile | $104,214 | $8,685 | $2,004 | $50 |
An entry-level Mortgage Underwriter IV with under 1 year experience makes about $103,217. With less than 2 years of experience, a mid-level Mortgage Underwriter IV makes around $103,642. After 2-4 years, the Mortgage Underwriter IV pay rises to about $104,068. Those senior Mortgage Underwriter IV with 5-8 years of experience earn roughly $105,600, and those Mortgage Underwriter IV having 8 years or more experience are expected to earn about $108,651 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter IV | $103,217 |
| Intermediate Level Mortgage Underwriter IV | $103,642 |
| Senior Level Mortgage Underwriter IV | $104,068 |
| Specialist Level Mortgage Underwriter IV | $105,600 |
| Expert Level Mortgage Underwriter IV | $108,651 |
| Entry Level | 6% |
| Mid Level | 6% |
| Senior Level | 6% |
| Top Level | 4% |
| Experienced | 1% |
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