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Junior Mortgage Underwriter Salary in Sacramento, CA

How much does a Junior Mortgage Underwriter make in Sacramento, CA? The salary range for a Junior Mortgage Underwriter job is from $64,564 to $83,721 per year in Sacramento, CA. 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 December 01, 2024
$73,705
Per Year
The average salary for a Junior Mortgage Underwriter is $73,705
per Year in Sacramento, CA.
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
$64,564
$73,705
Medium
$83,721

Highest Paying Cities for Junior Mortgage Underwriter near Sacramento, CA

We list eight cities that pay high wages to Junior Mortgage Underwriter near Sacramento. 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 $75,887 per Year. California and New Jersey take the second and third place with $75,205 per Year and $74,728 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 Sacramento, CA?

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
$80,041
per Year
Entry Mortgage Underwriter
Average salary
United States
$65,800
per Year
Intermediate Mortgage Underwriter
Average salary
United States
$79,400
per Year
Senior Mortgage Underwriter
Average salary
United States
$96,500
per Year
Specialist Mortgage Underwriter
Average salary
United States
$118,200
per Year
Junior Underwriter
Average salary
United States
$66,633
per Year

How Much Should You Be Earning?

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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
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and underwriters of the CDOs and other mortgage-backed securities that included subprime loans in their.
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The average salary of a Junior Mortgage Underwriter is $73,705 in Sacramento, CA.
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