How Much Does a Home Equity Underwriter Make in Pennsylvania?

Updated May 28, 2024
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Individually reported data submitted by users of our website

Low Confidence
$93,833/yr
Average Base Pay
Low $82,673
Average $93,833
High $106,827
The average salary for Home Equity Underwriter is $93,833 per year in Pennsylvania.

Related Job Titles to Home Equity Underwriter

Home Equity Processor
$49,773
Pennsylvania
Per Year
Home Equity Specialist
$48,601
Pennsylvania
Per Year
Home Equity Loan Processor
$43,993
Pennsylvania
Per Year
Home Equity Processing POD Manager
$46,809
Pennsylvania
Per Year

Similar Job Salaries to Home Equity Underwriter by Company

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Company average base salary in (usd) range
PSECU_Default
Mortgage and Home Equity Underwriter Specialist I
$60,045/yr
$51,441
$68,650
RANGE: $51,441 - $68,650
$87,167/yr
$75,115
$99,220
RANGE: $75,115 - $99,220
LIO Insurance
Underwriter
$87,167/yr
$75,115
$99,220
RANGE: $75,115 - $99,220
$87,167/yr
$75,115
$99,220
RANGE: $75,115 - $99,220
Essent Guaranty, Inc.
Underwriter
$98,137/yr
$81,176
$115,098
RANGE: $81,176 - $115,098
Shift4
Underwriter
$96,322/yr
$82,572
$110,072
RANGE: $82,572 - $110,072
Highmark Inc.
Underwriter
$82,380/yr
$70,989
$93,770
RANGE: $70,989 - $93,770
Polikov Recruitment Solutions
Commercial E&S Underwriter (100% work-from-home)
$90,905/yr
$78,111
$103,699
RANGE: $78,111 - $103,699
Univest
Commercial Underwriter
$88,974/yr
$77,593
$100,356
RANGE: $77,593 - $100,356
1008 Amynta Agency Inc
Senior Underwriter
$136,464/yr
$112,130
$160,799
RANGE: $112,130 - $160,799

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Top 10 Highest Paying Cities For Home Equity Underwriter Jobs in Pennsylvania

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 Pennsylvania. 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 Pennsylvania. Doylestown takes first place in this list, followed by Philadelphia, West Chester. The Home Equity Underwriter salary is $101,731 in Doylestown, which is higher than the national average. There are 7 cities' Home Equity Underwriter salary higher than national average in Pennsylvania.
The average salary for a Home Equity Underwriter in Pennsylvania is $93,833, but we found that the city with the highest salary for Home Equity Underwriter jobs is Doylestown, PA, and it is higher than Philadelphia. Home Equity Underwriter jobs in Doylestown can have the opportunity to earn higher salaries than in other cities in Pennsylvania.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Doylestown $101,731 $8,478 $1,956 $49
Philadelphia $99,286 $8,274 $1,909 $48
West Chester $97,876 $8,156 $1,882 $47
Stroudsburg $95,055 $7,921 $1,828 $46
Allentown $94,773 $7,898 $1,823 $46
Bethlehem $94,773 $7,898 $1,823 $46
Easton $94,585 $7,882 $1,819 $45
Reading $93,551 $7,796 $1,799 $45
Pittsburgh $92,611 $7,718 $1,781 $45
Lancaster $92,140 $7,678 $1,772 $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

Frequently Asked Questions About a Home Equity Underwriter Salaries

What is the average of a Home Equity Underwriter in Pennsylvania?

The Home Equity Underwriter salary range is from $82,673 to $106,827, and the average Home Equity Underwriter salary is $93,833/year in Pennsylvania. 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 $117,996 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.