As of March 01, 2025, the average annual salary for a Mortgage Underwriting Manager in Chesapeake, VA is $100,756. According to Salary.com, salaries can range from a low of $69,389 to a high of $134,981, with most professionals earning between $84,338 and $118,671.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $126,246 | $10,520 | $2,428 | $61 |
| Average | $107,188 | $8,932 | $2,061 | $52 |
| 25th Percentile | $89,721 | $7,477 | $1,725 | $43 |
An entry-level Mortgage Underwriting Manager with under 1 year experience makes about $93,627. With less than 2 years of experience, a mid-level Mortgage Underwriting Manager makes around $94,354. After 2-4 years, the Mortgage Underwriting Manager pay rises to about $96,052. Those senior Mortgage Underwriting Manager with 5-8 years of experience earn roughly $97,993, and those Mortgage Underwriting Manager having 8 years or more experience are expected to earn about $101,542 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriting Manager | $93,627 |
| Intermediate Level Mortgage Underwriting Manager | $94,354 |
| Senior Level Mortgage Underwriting Manager | $96,052 |
| Specialist Level Mortgage Underwriting Manager | $97,993 |
| Expert Level Mortgage Underwriting Manager | $101,542 |
| Entry Level | 13% |
| Mid Level | 12% |
| Senior Level | 10% |
| Top Level | 9% |
| Experienced | 5% |
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Mortgage Underwriting Manager information for you to search for. Click on search button below to see Mortgage Underwriting Manager job openings or enter a new job title here.
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.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Mortgage Banking: Mortgage banking generally involves loan originations as well as purchases and sales of loans through the secondary mortgage market. A bank engaged in mortgage banking may retain or sell loans it originates or purchases from affiliates, brokers, or correspondents.
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
| Skill | Salary | Demand |
|---|---|---|
|
Loan Underwriting
|
$112,847 |
12%
|
|
Loss Mitigation
|
$109,824 |
9%
|
|
Team Management
|
$109,824 |
9%
|
|
Planning
|
$107,809 |
7%
|
|
PowerPoint
|
$107,809 |
7%
|
|
Credit Risk
|
$106,802 |
6%
|
