How Much Does a Collateral Underwriter Make in Portland, ME?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Collateral Underwriter in Portland, ME is $96,501. While Salary.com is seeing that Collateral Underwriter salary in Portland, ME can go up to $118,270 or down to $67,022, but most earn between $81,071 and $107,895. 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
$58,834
Portland, ME
Per Year
Collateral Specialist
$61,445
Portland, ME
Per Year
Collateral Analyst
$74,865
Portland, ME
Per Year
Collateral Examiner
$79,823
Portland, ME
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
Jet HomeLoans, a Dream Finders Homes company
Collateral Underwriter w/ DE
$79,946/yr
$73,393
$86,499
RANGE: $73,393 - $86,499
Diedre Moire Corp.
Insurance Underwriter
$67,746/yr
$61,034
$74,458
RANGE: $61,034 - $74,458
Spieldenner Group Inc.
Field Underwriter
$85,947/yr
$75,431
$96,463
RANGE: $75,431 - $96,463
Sentry
Middle Market Underwriter
$71,732/yr
$64,967
$78,496
RANGE: $64,967 - $78,496
Bangor Savings Bank
Retail Lending Underwriter III
$117,590/yr
$105,377
$129,803
RANGE: $105,377 - $129,803
Zurich NA
Senior Technical Auto Underwriter
$96,170/yr
$88,155
$104,185
RANGE: $88,155 - $104,185
Kennebunk Savings
34 - Commercial Underwriter II
$89,223/yr
$81,274
$97,172
RANGE: $81,274 - $97,172
Berkley Aspire (a Berkley Company)
E&S Business Development Underwriter
$69,014/yr
$62,535
$75,493
RANGE: $62,535 - $75,493
Berkley
New Business Production E&S Underwriter
$69,741/yr
$63,081
$76,400
RANGE: $63,081 - $76,400
Travelers Insurance
Senior Commercial Underwriter, Account Executive Officer
$77,309/yr
$69,380
$85,239
RANGE: $69,380 - $85,239

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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 Portland, ME?

The Collateral Underwriter salary range is from $81,071 to $107,895, and the average Collateral Underwriter salary is $96,501/year in Portland, ME. 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.