As of May 01, 2025, the average annual salary for a Mortgage Underwriting Manager in Windham, ME is $111,783. According to Salary.com, salaries can range from a low of $97,758 to a high of $127,458, with most professionals earning between $104,442 and $119,988.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $119,988 | $9,999 | $2,307 | $58 |
| Average | $111,783 | $9,315 | $2,150 | $54 |
| 25th Percentile | $104,442 | $8,703 | $2,008 | $50 |
An entry-level Mortgage Underwriting Manager with under 1 year experience makes about $109,043. With less than 2 years of experience, a mid-level Mortgage Underwriting Manager makes around $109,372. After 2-4 years, the Mortgage Underwriting Manager pay rises to about $110,139. Those senior Mortgage Underwriting Manager with 5-8 years of experience earn roughly $111,016, and those Mortgage Underwriting Manager having 8 years or more experience are expected to earn about $112,640 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriting Manager | $109,043 |
| Intermediate Level Mortgage Underwriting Manager | $109,372 |
| Senior Level Mortgage Underwriting Manager | $110,139 |
| Specialist Level Mortgage Underwriting Manager | $111,016 |
| Expert Level Mortgage Underwriting Manager | $112,640 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 0% |
| Experienced | 1% |
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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
|
$125,197 |
12%
|
|
Loss Mitigation
|
$121,843 |
9%
|
|
Team Management
|
$121,843 |
9%
|
|
Planning
|
$119,607 |
7%
|
|
PowerPoint
|
$119,607 |
7%
|
|
Credit Risk
|
$118,490 |
6%
|
