As of February 01, 2025, the average annual salary for a Mortgage Underwriter Team Lead in Chattanooga, TN is $98,524. Salary.com reports that pay typically ranges from $82,804 to $116,061, with most professionals earning between $68,491 and $132,027.
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The Mortgage Underwriter Team Lead is responsible for overseeing a team of mortgage underwriters and ensuring that all loan applications are thoroughly reviewed and approved in accordance with company policies and industry regulations. They provide guidance and support to their team, review complex loan applications, and make final decisions on loan approvals. The Team Lead also collaborates with other departments, such as loan processing and closing, to ensure a smooth and efficient mortgage approval process. Additionally, they may be responsible for training new underwriters, conducting performance evaluations, and implementing process improvements to enhance the overall efficiency and accuracy of the underwriting team. Strong communication, leadership, and decision-making skills are essential for this role.
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| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $98,524 | $82,804 - $116,061 |
| Bonus | $4,338 | $4,462 - $7,018 |
| Total Pay | $102,862 | $87,266 - $123,078 |
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Chattanooga, TN |
|---|---|---|
| CITY, STATE Huntsville, AL | AVERAGE SALARY RANGE $87,113 - $122,100 | COMPARE TO Chattanooga, TN |
| CITY, STATE Murfreesboro, TN | AVERAGE SALARY RANGE $84,292 - $118,147 | COMPARE TO Chattanooga, TN |
| CITY, STATE Gadsden, AL | AVERAGE SALARY RANGE $85,814 - $120,280 | COMPARE TO Chattanooga, TN |
| CITY, STATE Madison, AL | AVERAGE SALARY RANGE $87,113 - $122,100 | COMPARE TO Chattanooga, TN |
| CITY, STATE Marietta, GA | AVERAGE SALARY RANGE $89,216 - $125,048 | COMPARE TO Chattanooga, TN |
| CITY, STATE Roswell, GA | AVERAGE SALARY RANGE $89,130 - $124,928 | COMPARE TO Chattanooga, TN |
| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Mortgage Underwriter IV | LOCATION Chattanooga, TN | MINIMUM SALARY $90,953 | MAXIMUM SALARY $117,278 |
| JOB TITLE Specialist Mortgage Underwriter | LOCATION Chattanooga, TN | MINIMUM SALARY $91,000 | MAXIMUM SALARY $117,300 |
| JOB TITLE Mortgage Underwriter | LOCATION Chattanooga, TN | MINIMUM SALARY $59,243 | MAXIMUM SALARY $77,882 |
| JOB TITLE Underwriter IV | LOCATION Chattanooga, TN | MINIMUM SALARY $90,626 | MAXIMUM SALARY $121,455 |
| JOB TITLE Mortgage Underwriter I | LOCATION Chattanooga, TN | MINIMUM SALARY $48,194 | MAXIMUM SALARY $65,259 |
| JOB TITLE Mortgage Underwriter II | LOCATION Chattanooga, TN | MINIMUM SALARY $58,476 | MAXIMUM SALARY $76,990 |
About Chattanooga, Tennessee According to the United States Census Bureau, the city has a total area of 144.6 square miles (374.4 km2), of which 137.1 square miles (355.2 km2) are....More
Chattanooga, Tennessee area prices were up 1.3% from a year ago
Mortgage Underwriter Team Lead Salary in popular cities: Memphis, Nashville, Knoxville
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role