How much does a Mortgage Underwriter II make in Illinois? The average Mortgage Underwriter II salary in Illinois is $73,907 as of February 26, 2024, but the range typically falls between $64,464 and $84,880. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Mortgage Underwriter II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter II Salary $55,866 IL February 26, 2024
25th Percentile Mortgage Underwriter II Salary $64,464 IL February 26, 2024
50th Percentile Mortgage Underwriter II Salary $73,907 IL February 26, 2024
75th Percentile Mortgage Underwriter II Salary $84,880 IL February 26, 2024
90th Percentile Mortgage Underwriter II Salary $94,871 IL February 26, 2024
25% $64,464 10% $55,866 90% $94,871 75% $84,880 $73,907 50%(Median) Didn’t find job title? Click
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Check out Mortgage Underwriter jobs in Illinois

Mortgage Loan Officer

St Fin Corp/ Star Financial - Laguna Woods, CA

Lending Operations QC Specialist 2

Union Bank and Trust Company - Lincoln, NE

What skills does a Mortgage Underwriter II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.

3.

Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.

Analysis 0.81%
Tax Return 0.28%
Mortgage Products 0.16%
Others 98.75%

Job Description for Mortgage Underwriter II

Mortgage Underwriter II underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Being a Mortgage Underwriter II assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter II typically reports to a supervisor or manager. The Mortgage Underwriter II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Mortgage Underwriter II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter II in Illinois

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $75,878 Date Updated February 26, 2024
Location Mount Prospect, IL Avg. Salary $75,619 Date Updated February 26, 2024
Location Abingdon, IL Avg. Salary $68,219 Date Updated February 26, 2024
Location Adair, IL Avg. Salary $69,045 Date Updated February 26, 2024
Location Addieville, IL Avg. Salary $70,246 Date Updated February 26, 2024
Location Addison, IL Avg. Salary $75,619 Date Updated February 26, 2024
Location Akin, IL Avg. Salary $67,554 Date Updated February 26, 2024
Location Albany, IL Avg. Salary $67,049 Date Updated February 26, 2024
Location Albers, IL Avg. Salary $70,246 Date Updated February 26, 2024
Location Albion, IL Avg. Salary $66,053 Date Updated February 26, 2024

Career Path for Mortgage Underwriter II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Underwriter II, the upper level is Mortgage Underwriter III and then progresses to Mortgage Underwriter IV.

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Mortgage Underwriter II Salary in Illinois
Mortgage Underwriter II Salary Graph, Regional Distribution and Summary