Residential Underwriter Salary in Saint Paul, MN

How much does a Residential Underwriter make in Saint Paul, MN?

As of February 01, 2025, the average annual salary for a Residential Underwriter in Saint Paul, MN is $79,116. Salary.com reports that pay typically ranges from $69,149 to $90,905, with most professionals earning between $60,075 and $101,638.

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Salary range for a Residential Underwriter

$69,149 to $90,905

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Residential Underwriter

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Job Openings for Residential Underwriter in Saint Paul, MN

What does a Residential Underwriter do?

Common responsibilities of a Residential Underwriter

Obtains and verifies all documents per Bank policy and procedure prior to submission.

July 23, 2022

Graduate business degree preferred.

November 07, 2022

Works with the Retail Branch/referring employee to collect documentation to satisfy underwriting conditions and provide a clear to close approval.

November 27, 2022

Assumes responsibility for related duties as required or assigned.

January 10, 2023

Provide ongoing business unit training for underwriters, analysts and team leaders to maintain full adherence to, and compliance with, all credit policies, procedures, operations and regulations.

January 27, 2023

Prepares initial disclosures in accordance with regulatory requirements, Bank policies and procedures.

February 27, 2023

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Residential Underwriter Salary By Experience Levels in Saint Paul, MN

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Residential Underwriter Salary By Level of Education in Saint Paul, MN

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LEVEL OF EDUCATION

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Average Salary Range for Residential Underwriter in Saint Paul, MN

Average Base Salary

Core compensation

69149

90905

79116

Average Total Cash Compensation

Includes base and annual incentives

71246

95832

81964

What is the average salary for Residential Underwriter in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Residential Underwriter in Saint Paul, MN. The base salary for Residential Underwriter ranges from $69,149 to $90,905 with the average base salary of $79,116. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $71,246 to $95,832 with the average total cash compensation of $81,964.

View Average Salary for Residential Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$79,116	$69,149 - $90,905
Bonus	$2,848	$2,097 - $4,928
Total Pay	$81,964	$71,246 - $95,832

* 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.

Residential Underwriter Salary Near Saint Paul, MN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Saint Paul, MN
CITY, STATE Minneapolis, MN	AVERAGE SALARY RANGE $69,436 - $91,282	COMPARE TO Saint Paul, MN
CITY, STATE Burnsville, MN	AVERAGE SALARY RANGE $69,240 - $91,025	COMPARE TO Saint Paul, MN
CITY, STATE Eden Prairie, MN	AVERAGE SALARY RANGE $69,319 - $91,127	COMPARE TO Saint Paul, MN
CITY, STATE Minnetonka, MN	AVERAGE SALARY RANGE $69,436 - $91,282	COMPARE TO Saint Paul, MN
CITY, STATE Lakeville, MN	AVERAGE SALARY RANGE $69,006 - $90,716	COMPARE TO Saint Paul, MN
CITY, STATE Rochester, MN	AVERAGE SALARY RANGE $65,336 - $85,892	COMPARE TO Saint Paul, MN

See salaries for Residential Underwriter in locations close to Saint Paul, MN. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Saint Paul, Minnesota

Saint Paul's history and growth as a landing port are tied to water. The city's defining physical characteristic, the confluence of the Mississippi and Minnesota Rivers, was carved into the region during the last ice age, as were the steep river bluffs and dramatic palisades on which the city is built. Receding glaciers and Lake Agassiz forced torrents of water from a glacial river that undercut the river valleys. The city is situated in east-central Minnesota. The Mississippi River forms a municipal boundary on part of the city's west, southwest, and southeast sides. Minneapolis, the state's ...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Residential Underwriter job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Saint Paul, MN that might be a good fit for the type of job and salary you are looking for.

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69149

90905

About Saint Paul, Minnesota Saint Paul's history and growth as a landing port are tied to water. The city's defining physical characteristic, the confluence of the Mississippi an....More

Saint Paul, Minnesota area prices were up 1.4% from a year ago

Residential Underwriter Salary in popular cities: Minneapolis, Rochester, Duluth

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