How Much Does a Collateral Underwriter Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Low Confidence
$90,835/yr
Average Base Pay
Low $76,376
Average $90,835
High $102,267
The average salary for Collateral Underwriter is $90,835 per year in the United States.

Related Job Titles to Collateral Underwriter

Collateral Appraiser
$56,499
US
Per Year
Collateral Specialist
$57,093
US
Per Year
Collateral Analyst
$72,329
US
Per Year
Collateral Examiner
$76,037
US
Per Year

Similar Job Salaries to Collateral Underwriter by Company

FIND A SPECIFIC EMPLOYER
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Company average base salary in (usd) range
onpoint
Collateral Underwriter
$81,581/yr
$69,274
$93,887
RANGE: $69,274 - $93,887
Seacoast Bank
Collateral Specialist
$51,826/yr
$44,953
$58,698
RANGE: $44,953 - $58,698
Seacoast Bank Careers
Collateral Specialist
$51,826/yr
$44,953
$58,698
RANGE: $44,953 - $58,698
$56,459/yr
$49,783
$63,135
RANGE: $49,783 - $63,135
Lendmarq
Collateral Analyst
$148,830/yr
$118,916
$178,744
RANGE: $118,916 - $178,744
JPMorgan Chase
Margin & Collateral
$79,405/yr
$70,758
$88,052
RANGE: $70,758 - $88,052
Movement Mortgage, LLC
Collateral Analyst
$80,837/yr
$69,580
$92,095
RANGE: $69,580 - $92,095
LE2204 NewRez LLC - Originations
Collateral Specialist
$89,259/yr
$74,846
$103,673
RANGE: $74,846 - $103,673
Horizon Bank
Collateral Specialist
$57,783/yr
$50,815
$64,751
RANGE: $50,815 - $64,751
Payarc LLC
Underwriter
$109,161/yr
$93,580
$124,743
RANGE: $93,580 - $124,743

What Does a Collateral Underwriter Do?

Collateral Underwriter (CU) program is intended to give lenders access to the same appraisal analytics that Fannie Mae uses in its quality control process.
Updated November 04, 2021
Upon resubmission, Collateral Underwriter analyzes the revised appraisal as if it were a new appraisal.
Updated October 04, 2021

Frequently Asked Questions About a Collateral Underwriter Salaries

What is the average of a Collateral Underwriter in the United States?

The Collateral Underwriter salary range is from $76,376 to $102,267, and the average Collateral Underwriter salary is $90,835/year in the United States. The Collateral Underwriter's salary will change in different locations.

Which location pays the highest Collateral Underwriter salary in the United States?

The Collateral Underwriter salary in San Jose, CA is $113,998 which is the highest in the US.

What kinds of reasons will influence the Collateral Underwriter's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Collateral Underwriter.

What is the growth rate of the Collateral Underwriter's salary?

If you are thinking of becoming a Collateral Underwriter or planning the next step in your career, find the detailed salary report of a Collateral Underwriter.

Recent Salary Report

Below are the most recent Collateral Underwriter salary reports. Employer name has been removed to protect anonymity.

$68,344 Yearly
A Collateral Underwriter in Charlotte, NC reported making $68,344 per year
Charlotte, NC
100 - 200 employees
Full-Time
Company - Private
$8,028 Monthly
A Collateral Underwriter in Wichita, KS reported making $8,028 per month
Wichita, KS
1,000 - 3,000 employees
Full-Time
Company - Public
$76,376 Yearly
A Collateral Underwriter in Harrington, DE reported making $76,376 per year
Harrington, DE
200 - 6 employees
Full-Time
Company - Private
$32 Hourly
A Collateral Underwriter in Murrieta, CA reported making $32 per hour
Murrieta, CA
7,6 - 15,000 employees
Part-Time
Company - Public
$42 Hourly
A Collateral Underwriter in Peabody, MA reported making $42 per hour
Peabody, MA
3,000 - 7,6 employees
Part-Time
Company - Public
$108,200 Yearly
A Collateral Underwriter in Berkeley, CA reported making $108,200 per year
Berkeley, CA
6 - 1,000 employees
Full-Time
Company - Private