How Much Does a Collateral Underwriter Make in Mississippi?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Collateral Underwriter in Mississippi is $85,503. While Salary.com is seeing that Collateral Underwriter salary in MS can go up to $104,785 or down to $59,376, but most earn between $71,827 and $95,596. 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
$53,873
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Collateral Specialist
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Collateral Analyst
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Collateral Examiner
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Similar Job Salaries to Collateral Underwriter by Company

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Company average base salary in (usd) range
Engbrecht Agency
Field Underwriter
$81,685/yr
$68,782
$94,588
RANGE: $68,782 - $94,588
Stonetrust Workers' Compensation
Production Underwriter
$102,018/yr
$85,806
$118,231
RANGE: $85,806 - $118,231
SFBLI
Administrative Underwriter
$64,835/yr
$56,259
$73,411
RANGE: $56,259 - $73,411
Stonetrust Commercial Insurance Company
Production Underwriter- Workers' Compensation
$93,211/yr
$78,464
$107,959
RANGE: $78,464 - $107,959
Southern General Agency Inc.
Assistant Garage Underwriter
$59,269/yr
$52,614
$65,924
RANGE: $52,614 - $65,924
Virginia Farm Bureau Mutual
Field Underwriter Trainee
$66,910/yr
$58,074
$75,746
RANGE: $58,074 - $75,746
Southern General Agency
Assistant Property and Casualty Underwriter
$66,459/yr
$58,786
$74,133
RANGE: $58,786 - $74,133
Southern General Agency
Assistant Garage Underwriter
$59,003/yr
$52,378
$65,628
RANGE: $52,378 - $65,628
Navigator Credit Union
Indirect Lending Underwriter
$67,089/yr
$56,861
$77,316
RANGE: $56,861 - $77,316
Southern General Agency Inc.
Assistant Transportation Underwriter
$74,032/yr
$63,868
$84,195
RANGE: $63,868 - $84,195

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Top 10 Highest Paying Cities For Collateral Underwriter Jobs in Mississippi

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 Mississippi. 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 Mississippi. Southaven takes first place in this list, followed by Olive Branch, Jackson. The Collateral Underwriter salary is $89,625 in Southaven, which is lower than the national average. There is 0 city's Collateral Underwriter salary higher than national average in Mississippi.
The average salary for a Collateral Underwriter in Mississippi is $85,503, but we found that the city with the highest salary for Collateral Underwriter jobs is Southaven, MS, and it is higher than Olive Branch. Collateral Underwriter jobs in Southaven can have the opportunity to earn higher salaries than in other cities in Mississippi.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Southaven $89,625 $7,469 $1,724 $43
Olive Branch $89,433 $7,453 $1,720 $43
Jackson $85,216 $7,101 $1,639 $41
Greenville $85,216 $7,101 $1,639 $41
Biloxi $84,928 $7,077 $1,633 $41
Meridian $84,736 $7,061 $1,630 $41
Pascagoula $84,545 $7,045 $1,626 $41
Gulfport $84,257 $7,021 $1,620 $41
Hattiesburg $83,778 $6,981 $1,611 $40
Columbus $81,765 $6,814 $1,572 $39

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 Mississippi?

The Collateral Underwriter salary range is from $71,827 to $95,596, and the average Collateral Underwriter salary is $85,503/year in Mississippi. 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 $120,299 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.