How much does a Mortgage Loan Underwriter make? The average Mortgage Loan Underwriter salary is $53,313 as of October 28, 2020, but the salary range typically falls between $46,872 and $60,910. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Job Openings for Mortgage Loan Underwriter
American Pacific Mortgage Corporation - Arlington , VA
In every interaction with us as individuals and a company, we let our branch managers, loan ... Review file for accuracy and completeness according to the Underwriter Checklist, APMC guidelines ...
American Pacific Mortgage Corporation - 7 days ago
The Judge Group - Richmond , VA
Loan products include both Conventional and Non- Conventional/Government loans. Our client serves ... Minimum of 2-4+ years of recent experience in Residential Mortgage Underwriting. * Full Line Full ...
Judge Group - 50 days ago
RemX - Richmond , VA
Complete assigned loan reviews within required time frame. * Complete computer data entry as needed in Loan operating system. * Complete Underwriting Certifications, as necessary * #ZR Requirements
Employbridge - 30 days ago
CyberCoders - Alexandria , VA
The Mortgage Underwriter will respond to audits and performs quality control on mortgage files. In addition, this position acts as a mortgage loan originator (MLO) as defined in the Secure and Fair ...
CyberCoders, Inc - 13 days ago
CyberCoders - Richmond , VA
What You Need for this Position " A thorough knowledge of mortgage loan underwriting. " Maintains highly confidential information concerning loan applicants. " Requires high level of organizational ...
CyberCoders, Inc - 30 days ago
Carter Bank - Salem , VA
The Mortgage Loan Underwriter Underwriting Manager supervises assigned staff within the Mortgage Loan Underwriting unit. Responsible for establishing and managing the workflow for underwriting ...
Upward.net - 12 days ago

Mortgage Loan Underwriter Salary in Major Cities

This chart shows the salary comparison for Mortgage Loan Underwriter between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Mortgage Loan Underwriter in each city.
Click to see the salary for Mortgage Loan Underwriter in these major U.S. cities.
City Name Average Salary
San Francisco, CA $66,642
Washington, DC $59,348
Miami, FL $51,901
Chicago, IL $56,560
Boston, MA $60,068
New York, NY $64,136
Dallas, TX $52,967
If you'd like know Mortgage Loan Underwriter Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
46872
60910
53313

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
47446
62619
54257
What is the average salary for Mortgage Loan Underwriter in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Underwriter in the United States. The base salary for Mortgage Loan Underwriter ranges from $46,872 to $60,910 with the average base salary of $53,313. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $47,446 to $62,619 with the average total cash compensation of $54,257.
Average Salary Average Salary Range
Base Salary $53,313 $46,872 - $60,910
Bonus $943 $574 - $1,710
Total Pay $54,257 $47,446 - $62,619
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Mortgage Loan Underwriter, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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46872
60910

 

What's the difference between Mortgage Underwriter I and Mortgage Loan Underwriter?
According to our latest salary estimation on October 28, 2020. The average salary of Mortgage Loan Underwriter is $53,313, and the average salary of Mortgage Underwriter I is $54,470. The average salary of Mortgage Underwriter I is higher than Mortgage Loan Underwriter. ( 2020-10-28 salary.com )
I am a Mortgage Loan Underwriter, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Mortgage Loan Underwriter. a Mortgage Loan Underwriter Salary in New Britain, CT is $57,579 as of October 28, 2020; a Mortgage Loan Underwriter Salary in Barnstable, MA is $56,220 as of October 28, 2020. ( 2020-10-28 salary.com )
Why does the salary of a Mortgage Loan Underwriter vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 salary.com )
What are the Pay Factors for Mortgage Loan Underwriter?
Salary ranges for a Mortgage Loan Underwriter can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 salary.com )

Last Update: October 28, 2020