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Residential Mortgage Underwriter Salary in Alaska

How much does a Residential Mortgage Underwriter make in Alaska? The salary range for a Residential Mortgage Underwriter job is from $82,818 to $107,533 per year in Alaska. Click on the filter to check out Residential Mortgage Underwriter job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$94,691
Per Year
The average salary for a Residential Mortgage Underwriter is $94,691
per Year in Alaska.
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
$82,818
$94,691
Medium
$107,533

Highest Paying Cities for Residential Mortgage Underwriter in Alaska

Here are the top eight that pay the highest Residential Mortgage Underwriter salary in AK. Due to the cost of living in different locations, the Residential Mortgage Underwriter salary will also be different. Fairbanks with the highest wage for the Residential Mortgage Underwriter in Alaska has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Residential Mortgage Underwriter

Residential Mortgage Underwriter works in Alaska will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Alaska?

The Residential Mortgage Underwriter jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Residential Mortgage Underwriter, while they have the Residential Mortgage Underwriter responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Residential Underwriter
Average salary
United States
$80,824
per Year
Mortgage Underwriter
Average salary
United States
$80,633
per Year
Residential Mortgage
Average salary
United States
$55,960
per Year
Entry Mortgage Underwriter
Average salary
United States
$66,300
per Year
Senior Mortgage Underwriter
Average salary
United States
$97,200
per Year
Intermediate Mortgage Underwriter
Average salary
United States
$80,000
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 Residential Mortgage Underwriter Do?

For insured residential mortgages, OSFI expects FRFIs to meet mortgage insurers’ requirements in regard to debt serviceability.

December 21, 2021

FRFIs that acquire residential mortgage loans that have been originated by a third party should ensure that the underwriting standards of that third party – including due diligence on the borrower, debt service coverage, collateral management, LTV ratios, etc.

December 17, 2021

Such transactions include, for example, residential mortgage loans with a relatively high LTV ratio, loans for illiquid properties, and loans in markets that have experienced rapid property price increases, which generate more uncertainty about the accuracy and stability of property valuations.

December 17, 2021

OSFI expects the average LTV ratios for all conforming and non-conforming residential mortgages to be less than the FRFI’s stated maximums, as articulated in its RMUP, and reflect a reasonable distribution across the portfolio.

December 15, 2021

Principle 1: FRFIs that are engaged in residential mortgage underwriting and/or the acquisition of residential mortgage loan assets should have a comprehensive Residential Mortgage Underwriting Policy (RMUP).

December 14, 2021

Most Common Benefits for Residential Mortgage Underwriter

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

Frequently Asked Questions

Common questions about salaries for a Residential Mortgage Underwriter
Get a personal salary report to know Which factors can influence Residential Mortgage Underwriter salary.
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For insured residential mortgages, OSFI expects FRFIs to meet mortgage insurers’ requirements in regard to debt serviceability.
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Check the below career pages for detailed pay ranges for similar professions to Residential Mortgage Underwriter:
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Fort Wainwright pays the highest Residential Mortgage Underwriter wage. Get personal salary report to explore more salary information in different cities.
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The Residential Mortgage Underwriter salary range is $82,818 to $107,533 in AK.
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