Mortgage Underwriter Salary in Madison, Wisconsin

Change City

How much does a Mortgage Underwriter make in Madison, WI? The average Mortgage Underwriter salary in Madison, WI is $73,449 as of February 01, 2025, but the salary range typically falls between $64,196 and $84,393. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Search Mortgage Underwriter Jobs in Madison, WI

How to Become a Mortgage Underwriter

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary Salary + Bonus Benefits

View as table View as graph

Percentile	Salary	Location	Last Updated
10th Percentile Mortgage Underwriter Salary	$55,772	Madison,WI	February 01, 2025
25th Percentile Mortgage Underwriter Salary	$64,196	Madison,WI	February 01, 2025
50th Percentile Mortgage Underwriter Salary	$73,449	Madison,WI	February 01, 2025
75th Percentile Mortgage Underwriter Salary	$84,393	Madison,WI	February 01, 2025
90th Percentile Mortgage Underwriter Salary	$94,357	Madison,WI	February 01, 2025

Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary

You may get higher pay by adjusting the following factors:

View Average Salary for United States
Adjust Mortgage Underwriter Salary:
Select State
Select City in WI
Choose Similar Job
Pick Related Category
View Cost of Living in Madison, Wisconsin

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

Mortgage Underwriter

Review the job openings and experience requirements for the Mortgage Underwriter job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Mortgage Underwriter.

Search Mortgage Underwriter Job Openings

Job Openings for Mortgage Underwriter in Madison, WI

Mortgage Underwriter

Toorak Capital Partners - Tampa , FL

Job: Mortgage Underwriter Location: Tampa, FL Roles and Responsibilities * Underwrite loans in accordance with Toorak guidelines. Responsibilities will include: * Review and reconcile loan ...

LinkedIn - 8 days ago

Mortgage Underwriter

Calculated Hire - Columbus , OH

Home Lending Underwriter Columbus, OH - Hybrid 3- Month Contract with Strong Potential for Extension or Conversion Qualifications: * Minimum three years of mortgage underwriting experience ...

LinkedIn - 11 days ago

Mortgage Underwriter

SNI Companies - Jacksonville , FL

SNI is seeking a diligent and detail-oriented Underwriter/Loan Processor to join our dynamic team. In this role, you will be an integral part of the loan origination process, working closely with ...

LinkedIn - 11 days ago

Mortgage Loan Underwriter

FirstBank - Miami , FL

MORTGAGE LOAN UNDERWRITER Essential Responsibilities: * Onsite in Waterford location required. * Responsible for the underwriting of residential loan packages. Evaluate and review the loan package ...

LinkedIn - 14 days ago

Junior Underwriter

Easy Street Capital - Austin , TX

We are looking for a Junior Underwriter to join our team! In this role, you will be responsible for ... General knowledge of the mortgage industry and its functionality, specifically hard-money lending ...

LinkedIn - 3 days ago

Mortgage Loan Processor

Hanmi Bank - Great Neck , NY

SUMMARY The Mortgage Loan Processor is responsible for accurately managing loan documentation ... from Underwriter 7. Ensure that approval falls within the established lending guidelines 8. ...

LinkedIn - 3 days ago

What does a Mortgage Underwriter do?

Mortgage Underwriter in Chelsea, MA

Evaluates the mortgage loan applications and supporting documentation and determines the eligibility and risk to the credit union and ensures loan conforms to the specific loan product and pricing.

November 06, 2022

Determines additional documentation requirements on each file and ensure the timely receipt of such documents and or items.

February 06, 2023

Mortgage Underwriter in Depew, NY

Implement and apply the processes, infrastructure and resources needed to deliver agreed team plans and targets, identifying and implementing improvements and collaborating with colleagues to maximize integration, effectiveness and efficiency.

January 06, 2023

Meet all performance targets including standards in quality and productivity.

February 11, 2023

Mortgage Underwriter in Irving, TX

Compile, analyze, and document loan data and credit risk, borrower and property information.

January 04, 2023

Submit Other Responsibilities

Employers Empower Your Talent Strategy with Salary.com's Skills Library.

View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.

Skills Library

Employers Struggling with Managing Your Job Descriptions?

Our job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.

Explore JobArchitect

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

About Madison, Wisconsin

Madison is located in the center of Dane County in south-central Wisconsin, 77 miles (124 km) west of Milwaukee and 122 miles (196 km) northwest of Chicago. The city completely surrounds the smaller Town of Madison, the City of Monona, and the villages of Maple Bluff and Shorewood Hills. Madison shares borders with its largest suburb, Sun Prairie, and three other suburbs, Middleton, McFarland, and Fitchburg. Other suburbs include the city of Verona and the villages of Cottage Grove, DeForest, and Waunakee as well as Mount Horeb, Oregon, Stoughton, and Cross Plains among others. According to th...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

Understand the total compensation opportunity for a Mortgage Underwriter, base salary plus other pay elements

Average Base Salary

Core compensation

64196

84393

73449

Average Total Cash Compensation

Includes base and annual incentives

66143

88968

76093

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter in Madison, WI. The base salary for Mortgage Underwriter ranges from $64,196 to $84,393 with the average base salary of $73,449. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $66,143 to $88,968 with the average total cash compensation of $76,093.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

64196

84393

About Madison, Wisconsin Madison is located in the center of Dane County in south-central Wisconsin, 77 miles (124 km) west of Milwaukee and 122 miles (196 km) northwest of Ch....More

Madison, Wisconsin area prices were up 1.3% from a year ago

Mortgage Underwriter Salary in popular cities: Milwaukee, Green Bay, Kenosha

Skills associated with Mortgage Underwriter: Underwriting, Regulatory Compliance, Basis, Determine ...More

Recently searched related titles: Consumer Lending Underwriter

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Mortgage Underwriter : Va Underwriter