Mortgage Loan Underwriter Salary

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How much does a Mortgage Loan Underwriter make? The average Mortgage Loan Underwriter salary is $72,997 as of April 24, 2024, but the salary range typically falls between $63,802 and $83,877. 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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Salary range for a Mortgage Loan Underwriter
$63,802 to $83,877
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Job Openings for Mortgage Loan Underwriter
Part-Time Mortgage Loan Underwriter - REMOTE
Quorum Federal Credit Union - Purchase , NY
The Mortgage Underwriter reviews the credit, collateral, income, and assets as well as conveying ... Key Job Responsibilities and Accountabilities Assures that all mortgage loan files are underwritten ...
Lensa - 12 days ago
Mortgage Loan Underwriter
Peoples Bank - Lubbock , TX
The Mortgage Underwriter will evaluate and verify loan applications and information to determine the borrower's creditworthiness and financial risk. They work closely with loan officers and ...
LinkedIn - 10 days ago
Mortgage Loan Underwriter
Southern Michigan Bank & Trust - Coldwater , MI
Mortgage and Loan Servicing REPORTS TO: AVP/Retail Loan Operations Manager OFFICER: No FLSA STATUS ... Position Summary This position is responsible for reviewing/underwriting all loan documentation
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 19 days ago
Mortgage Loan Processor
LENDIRECT MORTGAGE, INC - Sarasota , FL
Serve as the main point of contact for title companies, real estate agents, mortgage loan officer/ mortgage loan originator, borrowers, and mortgage underwriters to facilitate a timely loan closing
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - Today
Construction Underwriter
CrossCountry Mortgage, LLC. - Cleveland , OH
The Construction Loan Underwriter is responsible for providing consistent, accurate, and quality loan decisions in accordance with CrossCountry Mortgage, LLC. and secondary market investor standards
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 11 days ago
Senior Mortgage Loan Processor
Madison Mortgage Services Inc. - Lake Success , NY
Order third party documentation and reports for residential home loans, create and maintain the mortgage loan file, and assist in clearing underwriting conditions as requested * Submit loan file ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 6 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 April 24, 2024. Click on the chart to see the detail salary data for Mortgage Loan Underwriter in each city.

Mortgage Loan Underwriter Salary by City

Click to see the salary for Mortgage Loan Underwriter in these major U.S. cities.
City Name Average Salary
San Francisco, CA $91,246
Washington, DC $81,245
Miami, FL $70,442
Chicago, IL $76,574
Boston, MA $81,829
New York, NY $85,260
Dallas, TX $72,048
If you'd like know Mortgage Loan Underwriter Salary in other cities, then please select a city in

Average Salary Range for Mortgage Loan Underwriter

Average Base Salary

Core compensation

 
 
 
63802
83877
72997

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
65733
88420
75623
What is the average salary for Mortgage Loan Underwriter in 2024?
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 $63,802 to $83,877 with the average base salary of $72,997. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $65,733 to $88,420 with the average total cash compensation of $75,623.

View Average Salary for Mortgage Loan Underwriter as table

Average Salary Average Salary Range
Base Salary $72,997 $63,802 - $83,877
Bonus $2,626 $1,931 - $4,543
Total Pay $75,623 $65,733 - $88,420
* 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.

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63802
83877

 

Comments about Mortgage Loan Underwriter

What's the difference between Mortgage Underwriter I and Mortgage Loan Underwriter?
According to our latest salary estimation on April 24, 2024. The average salary of Mortgage Loan Underwriter is $72,997, and the average salary of Mortgage Underwriter I is $59,921. The average salary of Mortgage Underwriter I is lower than Mortgage Loan Underwriter. ( 2024-04-24 salary.com )
I am a Mortgage Loan Underwriter, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Mortgage Loan Underwriter. a Mortgage Loan Underwriter Salary in Arlington, MA is $81,829 as of April 24, 2024; a Mortgage Loan Underwriter Salary in San Bernardino, CA is $77,085 as of April 24, 2024. ( 2024-04-24 salary.com )

Mortgage Loan Underwriter Frequently Asked Questions

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. ( 2024-04-24 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 ( 2024-04-24 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. ( 2024-04-24 salary.com )

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Last Update: April 24, 2024