As of April 01, 2025, the average annual salary for a Mortgage Underwriting Manager in Sandy, UT is $108,460. According to Salary.com, salaries can range from a low of $94,852 to a high of $123,669, with most professionals earning between $101,337 and $116,421.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $116,421 | $9,702 | $2,239 | $56 |
| Average | $108,460 | $9,038 | $2,086 | $52 |
| 25th Percentile | $101,337 | $8,445 | $1,949 | $49 |
An entry-level Mortgage Underwriting Manager with under 1 year experience makes about $105,802. With less than 2 years of experience, a mid-level Mortgage Underwriting Manager makes around $106,121. After 2-4 years, the Mortgage Underwriting Manager pay rises to about $106,865. Those senior Mortgage Underwriting Manager with 5-8 years of experience earn roughly $107,716, and those Mortgage Underwriting Manager having 8 years or more experience are expected to earn about $109,292 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriting Manager | $105,802 |
| Intermediate Level Mortgage Underwriting Manager | $106,121 |
| Senior Level Mortgage Underwriting Manager | $106,865 |
| Specialist Level Mortgage Underwriting Manager | $107,716 |
| Expert Level Mortgage Underwriting Manager | $109,292 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 2% |
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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.
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| Skill | Salary | Demand |
|---|---|---|
|
Loan Underwriting
|
$121,475 |
12%
|
|
Loss Mitigation
|
$118,221 |
9%
|
|
Team Management
|
$118,221 |
9%
|
|
Planning
|
$116,052 |
7%
|
|
PowerPoint
|
$116,052 |
7%
|
|
Credit Risk
|
$114,968 |
6%
|
