Build a Career You'll Love

Junior Mortgage Underwriter Salary in Edmond, OK

How much does a Junior Mortgage Underwriter make in Edmond, OK? The salary range for a Junior Mortgage Underwriter job is from $53,592 to $69,931 per year in Edmond, OK. Click on the filter to check out Junior Mortgage Underwriter job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at May 28, 2024
$61,575
Per Year
The average salary for a Junior Mortgage Underwriter is $61,575
per Year in Edmond, OK.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$53,592
$61,575
Medium
$69,931

Highest Paying Cities for Junior Mortgage Underwriter near Edmond, OK

We list eight cities that pay high wages to Junior Mortgage Underwriter near Edmond. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Junior Mortgage Underwriter pay level in these cities.

States with Higher Salaries for Junior Mortgage Underwriter

Here are the top five states that pay the highest Junior Mortgage Underwriter salary in the United States. District of Columbia takes first place with the highest Junior Mortgage Underwriter salary is $75,311 per Year. California and New Jersey take the second and third place with $74,635 per Year and $74,161 per Year in the list. A higher average Junior Mortgage Underwriter salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Edmond, OK?

The following job titles have similar responsibilities as a Junior Mortgage Underwriter. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Mortgage Underwriter
Average salary
United States
$66,586
per Year
Entry Mortgage Underwriter
Average salary
United States
$54,700
per Year
Intermediate Mortgage Underwriter
Average salary
United States
$65,900
per Year
Senior Mortgage Underwriter
Average salary
United States
$80,200
per Year
Specialist Mortgage Underwriter
Average salary
United States
$98,100
per Year
Junior Underwriter
Average salary
United States
$55,362
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Junior Mortgage Underwriter Do?

And underwriters of the CDOs and other mortgage-backed securities that included subprime loans in their.

December 08, 2021

Senior Mortgage Underwriter - First Mortgage - (4+ years experience in front end UW REQUIRED) - Plano, TX salaries in Plano, TX.

November 19, 2021

They also take a junior lien position in these agreements so they can take the home back if the seller holding the underlying mortgage stops making the payments.

November 15, 2021

A common analogy compares the cash flow from the CDO's portfolio of securities (say mortgage payments from mortgage-backed bonds) to water flowing into cups of the investors where senior tranches were filled first and overflowing cash flowed to junior tranches, then equity tranches.

October 27, 2021

A junior underwriter works under the supervision of an underwriter to evaluate an applicant’s creditworthiness and determine if a real estate mortgage loan should be granted.

October 26, 2021

Most Common Benefits for Junior Mortgage Underwriter

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Junior Mortgage Underwriter
Get a personal salary report to know your salary based on location, education, experience, and other influence factors.
Is this information useful?
Thank you!
and underwriters of the CDOs and other mortgage-backed securities that included subprime loans in their.
Is this information useful?
Thank you!
Is this information useful?
Thank you!
Explore our personal salary report to know the Junior Mortgage Underwriter market value in Edmond, OK. And find out if any places are having a higher Junior Mortgage Underwriter salary.
Is this information useful?
Thank you!
The average salary of a Junior Mortgage Underwriter is $61,575 in Edmond, OK.
Is this information useful?
Thank you!

Career Insights

What is Pay-for-Performance Compensation?
pay and salary
What is Pay-for-Performance Compensation?
What Is a Salary Grading Scale?
pay and salary
What Is a Salary Grading Scale?
The Gender Pay Gap in America in 2022
pay and salary
Understanding the Gender Pay Gap in America