How Much Does a Collateral Underwriter Make in Passaic, NJ?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Collateral Underwriter in Passaic, NJ is $109,520. While Salary.com is seeing that Collateral Underwriter salary in Passaic, NJ can go up to $134,225 or down to $76,064, but most earn between $92,008 and $122,452. 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% $92,008 10% $76,064 90% $134,225 75% $122,452 $109,520 50%(Median)
Related Job Titles to Collateral Underwriter
Collateral Appraiser
$66,771
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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
Jet HomeLoans, a Dream Finders Homes company
Collateral Underwriter w/ DE
$79,946/yr
$73,393
$86,499
RANGE: $73,393 - $86,499
$78,713/yr
$71,197
$86,229
RANGE: $71,197 - $86,229
Selective Insurance
Underwriter
$84,468/yr
$76,841
$92,094
RANGE: $76,841 - $92,094
The Citco Group Limited
AVP, Collateral Administration - Loan Services
$99,938/yr
$90,853
$109,023
RANGE: $90,853 - $109,023
Citi
AVP, Collateral and Margin Operations Team Coordinator
$109,916/yr
$98,406
$121,427
RANGE: $98,406 - $121,427
Citi
VP, Collateral and Margin Operations Senior Manager
$146,649/yr
$132,859
$160,439
RANGE: $132,859 - $160,439
Diedre Moire Corp.
Insurance Underwriter
$76,213/yr
$68,662
$83,763
RANGE: $68,662 - $83,763
$104,703/yr
$95,042
$114,364
RANGE: $95,042 - $114,364
Selective Insurance
Senior Underwriter
$125,357/yr
$114,497
$136,216
RANGE: $114,497 - $136,216
Liberty Mutual Insurance
Medical Underwriter
$75,096/yr
$67,926
$82,267
RANGE: $67,926 - $82,267

Open Collateral Underwriter Jobs in Passaic, NJ

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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 Passaic, NJ?

The Collateral Underwriter salary range is from $92,008 to $122,452, and the average Collateral Underwriter salary is $109,520/year in Passaic, NJ. 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.