How Much Does a Home Equity Underwriter Make?

Updated September 25, 2023

Individually reported data submitted by users of our website

Low Confidence
$60,680/yr
Average Base Pay
Low $55,726
Average $60,680
High $67,456
The average salary for Home Equity Underwriter is $60,680 per year in the United States.

Related Job Titles to Home Equity Underwriter

Home Equity Processor
$43,037
US
Per Year
Home Equity Specialist
$44,291
US
Per Year
Home Equity Loan Processor
$46,922
US
Per Year
Home Equity Processing POD Manager
$46,269
US
Per Year

Similar Job Salaries to Home Equity Underwriter by Company

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Company average base salary in (usd) range
Rockland Trust
Home Equity Underwriter I
$86,272/yr
$74,536
$98,009
RANGE: $74,536 - $98,009
First National Bank Of Pennsylvania
Consumer Lending Underwriter (Home Equity, Unsecured, Credit Cards, Auto/Boats/RV)
$84,406/yr
$72,527
$96,284
RANGE: $72,527 - $96,284
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Merchant Underwriter, Home Improvement
$70,144/yr
$62,527
$77,760
RANGE: $62,527 - $77,760
Allied Federal Credit Union
Home Equity Loan Officer
$43,831/yr
$37,915
$49,748
RANGE: $37,915 - $49,748
PSECU
Home Equity Analyst
$115,657/yr
$99,770
$131,544
RANGE: $99,770 - $131,544
FLORIDA CREDIT UNION
Home Equity Specialist
$39,500/yr
$34,985
$44,015
RANGE: $34,985 - $44,015
Rogue Credit Union
Home Equity Manager
$80,612/yr
$69,454
$91,770
RANGE: $69,454 - $91,770
United States Senate Federal Credit Union
Home Equity Loan Assistant
$72,319/yr
$63,349
$81,290
RANGE: $63,349 - $81,290
Empower Federal Credit Union
Home Equity Processor I
$84,825/yr
$73,072
$96,577
RANGE: $73,072 - $96,577
Spring EQ LLC
Home Equity Loan Officer
$110,491/yr
$90,319
$130,663
RANGE: $90,319 - $130,663

What Does a Home Equity Underwriter Do?

Underwriters are critical to the mortgage industry, insurance industry, equity markets, and common types of debt security trading because of their ability to ascertain risk.
Updated December 21, 2021
With a cash-out refinance, you receive funds for the equity in your home, just as you would with a home equity loan.
Updated December 21, 2021
The reason for this is there is less risk involved for lenders because home equity loans are secured by your home.
Updated December 20, 2021
Since home equity loans are lump-sum payments, your lender pays you your entire loan amount after the loan closes.
Updated December 17, 2021
Home equity loan rates are generally higher because second mortgages are only paid back after primary mortgages have been.
Updated December 17, 2021

Frequently Asked Questions About a Home Equity Underwriter Salaries

What is the average of a Home Equity Underwriter in the United States?

The Home Equity Underwriter salary range is from $55,726 to $67,456, and the average Home Equity Underwriter salary is $60,680/year in the United States. The Home Equity Underwriter's salary will change in different locations.

Which location pays the highest Home Equity Underwriter salary in the United States?

The Home Equity Underwriter salary in San Jose, CA is $76,153 which is the highest in the US.

What kinds of reasons will influence the Home Equity 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 Home Equity Underwriter.

What is the growth rate of the Home Equity Underwriter's salary?

If you are thinking of becoming a Home Equity Underwriter or planning the next step in your career, find the detailed salary report of a Home Equity Underwriter.

Recent Salary Report

Below are the most recent Home Equity Underwriter salary reports. Employer name has been removed to protect anonymity.

$33 Hourly
A Home Equity Underwriter in Lake Charles, LA reported making $33 per hour
Lake Charles, LA
7,6 - 15,000 employees
Part-Time
Company - Public
$59,648 Yearly
A Home Equity Underwriter in Alamogordo, NM reported making $59,648 per year
Alamogordo, NM
100 - 200 employees
Full-Time
Company - Private
$68,454 Yearly
A Home Equity Underwriter in Mount Pleasant, SC reported making $68,454 per year
Mount Pleasant, SC
200 - 6 employees
Full-Time
Company - Private
$27 Hourly
A Home Equity Underwriter in Clifton, NJ reported making $27 per hour
Clifton, NJ
3,000 - 7,6 employees
Part-Time
Company - Public
$56,414 Yearly
A Home Equity Underwriter in Odessa, TX reported making $56,414 per year
Odessa, TX
6 - 1,000 employees
Full-Time
Company - Private
$6,268 Monthly
A Home Equity Underwriter in East Hartford, CT reported making $6,268 per month
East Hartford, CT
1,000 - 3,000 employees
Full-Time
Company - Public