How Much Does a Collateral Underwriter Make in Delaware?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Collateral Underwriter in Delaware is $97,086. While Salary.com is seeing that Collateral Underwriter salary in DE can go up to $118,986 or down to $67,428, but most earn between $81,562 and $108,549. 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.
Related Job Titles to Collateral Underwriter
Collateral Appraiser
$59,190
Delaware
Per Year
Collateral Specialist
$61,817
Delaware
Per Year
Collateral Analyst
$75,319
Delaware
Per Year
Collateral Examiner
$80,306
Delaware
Per Year
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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
Diedre Moire Corp.
Insurance Underwriter
$69,058/yr
$62,217
$75,900
RANGE: $62,217 - $75,900
Travelers Insurance
E&S Construction Senior Underwriter
$85,084/yr
$76,524
$93,644
RANGE: $76,524 - $93,644
Farmers of Salem
Commercial Lines Underwriter
$76,605/yr
$69,689
$83,521
RANGE: $69,689 - $83,521
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
PNC
Collateral Processor
$44,447/yr
$40,098
$48,796
RANGE: $40,098 - $48,796
PNC Financial Services Group
Collateral Processor
$44,447/yr
$40,098
$48,796
RANGE: $40,098 - $48,796
Stellent IT LLC
Collateral Analyst
$73,202/yr
$66,309
$80,094
RANGE: $66,309 - $80,094

Top 10 Highest Paying Cities For Collateral Underwriter Jobs in Delaware

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 Delaware. 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 Delaware. Rehoboth Beach takes first place in this list, followed by Harrington, Lewes. The Collateral Underwriter salary is $101,150 in Rehoboth Beach, which is higher than the national average. There are 13 cities' Collateral Underwriter salary higher than national average in Delaware.
The average salary for a Collateral Underwriter in Delaware is $97,086, but we found that the city with the highest salary for Collateral Underwriter jobs is Rehoboth Beach, DE, and it is higher than Harrington. Collateral Underwriter jobs in Rehoboth Beach can have the opportunity to earn higher salaries than in other cities in Delaware.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Rehoboth Beach $101,150 $8,429 $1,945 $49
Harrington $100,479 $8,373 $1,932 $48
Lewes $100,479 $8,373 $1,932 $48
Milford $100,479 $8,373 $1,932 $48
Dover $99,501 $8,292 $1,913 $48
Seaford $99,425 $8,285 $1,912 $48
Smyrna $99,060 $8,255 $1,905 $48
Middletown $98,859 $8,238 $1,901 $48
Wilmington $98,447 $8,204 $1,893 $47
New Castle $98,447 $8,204 $1,893 $47

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 Delaware?

The Collateral Underwriter salary range is from $81,562 to $108,549, and the average Collateral Underwriter salary is $97,086/year in Delaware. 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.