Home Equity Underwriter Salaries in Minnesota
How Much Does a Home Equity Underwriter Make in Minnesota?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Home Equity Underwriter in Minnesota is $98,578.
While Salary.com is seeing that Home Equity Underwriter salary in MN can go up to $124,688
or down to $76,167, but most earn between $86,847 and $112,245.
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 Home Equity Underwriter
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Similar Job Salaries to Home Equity Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
TEKsystems
Home Equity Underwriter
|
$82,097/yr
|
RANGE: $73,788 - $90,406
|
|
Point Digital Finance, Inc.
Home Equity Underwriter
|
$107,294/yr
|
RANGE: $97,798 - $116,790
|
|
Hudson Valley Credit Union
HOME EQUITY UNDERWRITER
|
$79,730/yr
|
RANGE: $72,266 - $87,195
|
|
VirtualVocations
Home Equity Processor
|
$60,123/yr
|
RANGE: $54,152 - $66,093
|
|
Huntington National Bank
Underwriter Senior - Home Lending
|
$78,559/yr
|
RANGE: $71,205 - $85,914
|
|
Bellco Credit Union
Real Estate Underwriter -Home Equity II
|
$82,670/yr
|
RANGE: $74,828 - $90,512
|
|
Bellco Credit Union
Real Estate Underwriter - Home Equity Lead
|
$80,282/yr
|
RANGE: $72,888 - $87,677
|
|
Liberty Mutual
Underwriter, Private Equity NY
|
$96,029/yr
|
RANGE: $87,406 - $104,652
|
|
ORIX USA
Director-Equity Underwriter-Preservation Investments
|
$194,613/yr
|
RANGE: $180,626 - $208,600
|
|
RAS Companies
Underwriter II
|
$72,512/yr
|
RANGE: $65,588 - $79,436
|
Top 10 Highest Paying Cities For Home Equity Underwriter Jobs in Minnesota
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Home Equity 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 Home Equity Underwriter job salaries in Minnesota.
Some cities can pay higher salaries for Home Equity Underwriter jobs, which can indicate that there is a large demand for Home Equity Underwriter positions in this city.
The following table shows top 10 cities where the Home Equity Underwriter salary is higher than other cities in Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Home Equity Underwriter salary is $100,822 in Minneapolis,
which is higher than the national average. There are 7 cities' Home Equity Underwriter salary higher than national average in Minnesota.
The average salary for a Home Equity Underwriter in Minnesota is $98,578,
but we found that the city with the highest salary for Home Equity Underwriter jobs is Minneapolis, MN, and it is higher than Saint Paul.
Home Equity Underwriter jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Minneapolis | $100,822 | $8,402 | $1,939 | $48 |
| Saint Paul | $100,822 | $8,402 | $1,939 | $48 |
| Minnetonka | $100,822 | $8,402 | $1,939 | $48 |
| Eden Prairie | $100,649 | $8,387 | $1,936 | $48 |
| Burnsville | $100,533 | $8,378 | $1,933 | $48 |
| Lakeville | $100,187 | $8,349 | $1,927 | $48 |
| Rochester | $96,574 | $8,048 | $1,857 | $46 |
| Saint Cloud | $95,033 | $7,919 | $1,828 | $46 |
| Duluth | $92,403 | $7,700 | $1,777 | $44 |
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
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Explore JobArchitectFrequently Asked Questions About a Home Equity Underwriter Salaries
What is the average of a Home Equity Underwriter in Minnesota?
The Home Equity Underwriter salary range is from $86,847 to $112,245, and the average Home Equity Underwriter salary is $98,578/year in Minnesota.
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 $121,505
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.
