What are the main factors that influence a Mortgage Underwriting Manager's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Mortgage Underwriting Manager?

The Insurance industry offers the highest average compensation for Mortgage Underwriting Manager roles, with salaries approximately 10% above the market median.

How does experience change A Mortgage Underwriting Manager's salary?

A Mortgage Underwriting Manager's salary grows with experience: a Mortgage Underwriter I (0-2 years)earns $66,099, a Mortgage Underwriter II (2-4 years)earns $74,265, a Mortgage Underwriter III (4-7 years)earns $96,157, a Mortgage Underwriter IV (7+ years)earns $113,724, a Mortgage Underwriting Manager (7+ years)earns $112,531,

What are the highest paying states for a Mortgage Underwriting Manager?

Mortgage Underwriting Manager salary varies significantly by state. The top 3 highest paying states for Mortgage Underwriting Manager roles are District of Columbia $123,032, California $122,565, Massachusetts $120,932. These tech hubs typically pay 10-15% above the national average.

How much do different types of Mortgage Underwriting Manager roles make?

Salaries for Mortgage Underwriting Manager level roles vary by specialization: Underwriting Manager - Life: $137,196; Underwriting Manager: $119,597; Lead Mortgage Underwriter: $112,300; Mortgage Underwriter IV: $112,298; Underwriting Manager - Mortgage Loans: $111,200.

Mortgage Underwriting Manager Salary in Delaware

How much does a Mortgage Underwriting Manager make in Delaware?

As of July 01, 2026, the average salary for a Mortgage Underwriting Manager in Delaware is $112,531 per year, which breaks down to an hourly rate of $54.

However, a Mortgage Underwriting Manager's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $129,396
Majority Range (25th-75th percentile): $106,727 to $121,359
Entry-Level (10th percentile): $101,443

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Mortgage Underwriting Manager Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$121,359	$10,113	$2,334	$58
Average	$112,531	$9,378	$2,164	$54
25th Percentile	$106,727	$8,894	$2,052	$51

You may get higher pay by adjusting the following factors:

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Check out Mortgage Underwriting Manager Job Openings in Delaware

Premier Mortgage Client Servicing Escalation Manager

City National Bank - Newark, DE

Mortgage Customer Service Representative

Iowa Bankers Mortgage Corporation - JOHNSTON, IA

Director of Commercial Underwriting&amp Processing

Michigan Farm Bureau - LANSING, MI

Manager

Beau Jo's Management Company - EVERGREEN, CO

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Key Factors That Influence Mortgage Underwriting Manager Salaries

A Mortgage Underwriting Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects Mortgage Underwriting Manager Salaries?

Experience is a primary driver of a Mortgage Underwriting Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Mortgage Underwriter I (0-2 years): $66,099
Mortgage Underwriter II (2-4 years): $74,265
Mortgage Underwriter III (4-7 years): $96,157
Mortgage Underwriter IV (7+ years): $113,724
Mortgage Underwriting Manager (7+ years): $112,531

Job Role	Years of Experience	Average Salary
Mortgage Underwriter I	0-2 years	$66,099
Mortgage Underwriter II	2-4 years	$74,265
Mortgage Underwriter III	4-7 years	$96,157
Mortgage Underwriter IV	7+ years	$113,724
Mortgage Underwriting Manager	7+ years	$112,531

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What Am I Worth?

How Do Mortgage Underwriting Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Mortgage Underwriting Managers. For example, consider the average annual salaries in these key locations:

District of Columbia: $123,032.
California: $122,565.
Massachusetts: $120,932.

District of Columbia $123,032 California $122,565 Massachusetts $120,932 Washington $120,487 New Jersey $120,443 Alaska $120,287 Connecticut $118,754 New York $118,132

Hawaii $116,143 Rhode Island $115,209 Maryland $114,576 Minnesota $113,709 Colorado $113,376 Illinois $113,265 Oregon $112,842 Delaware $112,531

New Hampshire $112,336 Virginia $111,898 Pennsylvania $110,620 Nevada $109,975 North Dakota $109,764 Michigan $109,431 Wisconsin $109,309 Vermont $109,064

Texas $108,386 Maine $108,342 Arizona $108,275 Ohio $108,198 Georgia $107,175 Indiana $106,664 Wyoming $106,564 Utah $106,409

Iowa $106,342 Kansas $105,808 Louisiana $105,653 North Carolina $105,597 Missouri $105,575 Florida $105,142 Montana $104,908 Nebraska $104,686

Kentucky $104,564 South Carolina $104,119 Tennessee $103,842 Idaho $103,731 New Mexico $102,919 Oklahoma $102,742 Alabama $102,086 South Dakota $100,986

Arkansas $100,386 West Virginia $100,064 Mississippi $99,097

Top Paying Cities for Mortgage Underwriting Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Lincoln: $112,025
Little Creek: $112,845
Magnolia: $112,682

Lincoln, DE $112,025 Little Creek, DE $112,845 Magnolia, DE $112,682 Milford, DE $112,309 Marydel, DE $112,493 Millsboro, DE $111,554 Millville, DE $111,727 Milton, DE $111,920

Nassau, DE $112,001 Ocean View, DE $111,708 Rehoboth Beach, DE $111,922 Seaford, DE $111,986 Selbyville, DE $111,522 Smyrna, DE $112,922 Viola, DE $112,402 Woodside, DE $112,705

Bear, DE $112,445 Newark, DE $112,402 Claymont, DE $112,632 Delaware City, DE $112,515 Hockessin, DE $112,392 Kirkwood, DE $112,493 Middletown, DE $112,537 Montchanin, DE $112,418

New Castle, DE $112,435 Odessa, DE $112,592 Port Penn, DE $112,668 Rockland, DE $112,429 Saint Georges, DE $112,501 Townsend, DE $112,675 Winterthur, DE $112,442 Lewes, DE $111,963

Wilmington, DE $112,398 Dover, DE $112,845 Dover Afb, DE $112,250 Bethany Beach, DE $111,590 Bethel, DE $111,706 Bridgeville, DE $111,969 Camden Wyoming, DE $112,527 Cheswold, DE $112,808

Clayton, DE $112,811 Dagsboro, DE $111,512 Delmar, DE $111,333 Ellendale, DE $111,671 Felton, DE $112,300 Fenwick Island, DE $111,537 Frankford, DE $111,342 Frederica, DE $112,411

Georgetown, DE $111,470 Greenwood, DE $111,987 Harbeson, DE $111,589 Harrington, DE $112,158 Hartly, DE $112,507 Houston, DE $111,998 Kenton, DE $112,817 Laurel, DE $111,403

Yorklyn, DE $112,426

Mortgage Underwriting Manager Salary by Company Size: Startups vs. Enterprise

Mortgage Underwriting Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $123,025. While startup companies pay approximate $103,924.

Mortgage Underwriting Manager Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$103,924
Growth Stage	51~500	$109,970
Established	501~5000	$118,766
Enterprise	5000+	$123,025

Mortgage Underwriting Manager Salary by Industry: Top Paying Sectors

For Mortgage Underwriting Manager roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 10% above the average. Conversely, Mortgage Underwriting Manager positions in Business Services typically offer lower base pay, as this sector often view Mortgage Underwriting Manager as a support function rather than a direct revenue driver.

The top paying industries for a Mortgage Underwriting Manager

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Insurance	$123,784	$60.0	10%
Financial Services	$118,158	$57.0	5%

Mortgage Underwriting Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mortgage Underwriting Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on July 01, 2026

$106,727

Average $112,531/year

$121,359

$8,894

Average $9,378/month

$10,113

$2,052

Average $2,164/week

$2,334

$51

Average $54/hour

$58

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$121,359	$10,113	$2,334	$58
Average	$112,531	$9,378	$2,164	$54
25th Percentile	$106,727	$8,894	$2,052	$51

Mortgage Underwriting Manager Salary Growth & Career Path

Mortgage Underwriting Manager

Loan Underwriting Manager II

Loan Underwriting Director

For a Mortgage Underwriting Manager, the most direct path to higher earnings is advancing to the Loan Underwriting Manager II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $141,647 - a projected growth of 26% over your current level.

Salaries of jobs related to Mortgage Underwriting Manager

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