How Much Does a Collateral Underwriter Make in District of Columbia?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Collateral Underwriter in District of Columbia is $106,145. While Salary.com is seeing that Collateral Underwriter salary in DC can go up to $130,090 or down to $73,720, but most earn between $89,173 and $118,679. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $89,173 10% $73,720 90% $130,090 75% $118,679 $106,145 50%(Median)
Related Job Titles to Collateral Underwriter
Collateral Appraiser
$64,714
District of Columbia
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Collateral Specialist
$67,586
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Collateral Analyst
$82,347
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Collateral Examiner
$87,800
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Similar Job Salaries to Collateral Underwriter by Company

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Company average base salary in (usd) range
South State Bank
Mortgage Collateral Underwriter
$64,742/yr
$57,953
$71,531
RANGE: $57,953 - $71,531
SouthState Bank
Mortgage Collateral Underwriter
$64,742/yr
$57,953
$71,531
RANGE: $57,953 - $71,531
Liberty Mutual Insurance
Senior Underwriter
$115,703/yr
$104,806
$126,600
RANGE: $104,806 - $126,600
Enterprise Community Partners
Credit Underwriter
$74,517/yr
$67,134
$81,899
RANGE: $67,134 - $81,899
Amalgamated Bank of NY
C&I Credit Underwriter III
$90,837/yr
$81,841
$99,833
RANGE: $81,841 - $99,833
ICW Group
Executive Reinsurance Underwriter
$89,396/yr
$81,379
$97,412
RANGE: $81,379 - $97,412
The Federal National Mortgage Association - Fannie Mae
Multifamily Conventional Underwriter - Advisor (Flexible Hybrid)
$81,693/yr
$73,989
$89,396
RANGE: $73,989 - $89,396
SVI Recruiting Group
Vice President SBA / Commercial Underwriter Remote Based
$211,963/yr
$186,133
$237,792
RANGE: $186,133 - $237,792
The Ash Group
Collateral Analyst
$75,806/yr
$68,458
$83,154
RANGE: $68,458 - $83,154
SRP Federal Credit Union
Collateral Specialist
$46,883/yr
$42,501
$51,265
RANGE: $42,501 - $51,265

Top 10 Highest Paying Cities For Collateral Underwriter Jobs in District of Columbia

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Collateral Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Collateral Underwriter job salaries in District of Columbia. Some cities can pay higher salaries for Collateral Underwriter jobs, which can indicate that there is a large demand for Collateral Underwriter positions in this city.
The following table shows top 10 cities where the Collateral Underwriter salary is higher than other cities in District of Columbia. Washington takes first place in this list. The Collateral Underwriter salary is $106,145 in Washington, which is higher than the national average. There is 1 city's Collateral Underwriter salary higher than national average in District of Columbia.
The average salary for a Collateral Underwriter in District of Columbia is $106,145, but we found that the city with the highest salary for Collateral Underwriter jobs is Washington, DC. Collateral Underwriter jobs in Washington can have the opportunity to earn higher salaries than in other cities in District of Columbia.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Washington $106,145 $8,845 $2,041 $51

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 District of Columbia?

The Collateral Underwriter salary range is from $89,173 to $118,679, and the average Collateral Underwriter salary is $106,145/year in District of Columbia. 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 $120,918 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.