As of February 01, 2025, the average annual salary for a Mortgage Underwriting Manager in Scranton, PA is $101,192. According to Salary.com, salaries can range from a low of $69,679 to a high of $135,546, with most professionals earning between $84,697 and $119,174.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $125,977 | $10,498 | $2,423 | $61 |
| Average | $106,969 | $8,914 | $2,057 | $51 |
| 25th Percentile | $89,532 | $7,461 | $1,722 | $43 |
An entry-level Mortgage Underwriting Manager with under 1 year experience makes about $94,224. With less than 2 years of experience, a mid-level Mortgage Underwriting Manager makes around $94,957. After 2-4 years, the Mortgage Underwriting Manager pay rises to about $96,665. Those senior Mortgage Underwriting Manager with 5-8 years of experience earn roughly $98,618, and those Mortgage Underwriting Manager having 8 years or more experience are expected to earn about $102,190 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriting Manager | $94,224 |
| Intermediate Level Mortgage Underwriting Manager | $94,957 |
| Senior Level Mortgage Underwriting Manager | $96,665 |
| Specialist Level Mortgage Underwriting Manager | $98,618 |
| Expert Level Mortgage Underwriting Manager | $102,190 |
| Entry Level | 12% |
| Mid Level | 11% |
| Senior Level | 10% |
| Top Level | 8% |
| Experienced | 4% |
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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
|
$113,335 |
12%
|
|
Loss Mitigation
|
$110,300 |
9%
|
|
Team Management
|
$110,300 |
9%
|
|
Planning
|
$108,276 |
7%
|
|
PowerPoint
|
$108,276 |
7%
|
|
Credit Risk
|
$107,264 |
6%
|
