Mortgage Underwriter III Salary in Barnstable, Massachusetts

Mortgage Underwriter III Salary in Barnstable, MA

How much does a Mortgage Underwriter III make in Barnstable, MA? The average Mortgage Underwriter III salary in Barnstable, MA is $92,934 as of March 26, 2024, but the range typically falls between $82,366 and $106,495. 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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Mortgage Underwriter III Salaries by Percentile

Percentile	Salary	Location	Last Updated
10th Percentile Mortgage Underwriter III Salary	$72,745	Barnstable,MA	March 26, 2024
25th Percentile Mortgage Underwriter III Salary	$82,366	Barnstable,MA	March 26, 2024
50th Percentile Mortgage Underwriter III Salary	$92,934	Barnstable,MA	March 26, 2024
75th Percentile Mortgage Underwriter III Salary	$106,495	Barnstable,MA	March 26, 2024
90th Percentile Mortgage Underwriter III Salary	$118,842	Barnstable,MA	March 26, 2024

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Check out Mortgage Underwriter Job Openings in Barnstable, Massachusetts

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What skills does a Mortgage Underwriter III 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.

See More Skills

Analysis 4.55%

Tax Return 1.64%

Mortgage Products 0.98%

Others 92.83%

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Job Description for Mortgage Underwriter III

Mortgage Underwriter III underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process and assists with property inspections. Being a Mortgage Underwriter III assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter III typically reports to a supervisor or manager. The Mortgage Underwriter III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Mortgage Underwriter III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter III in Barnstable, MA

Career Path for Mortgage Underwriter III

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 III, the upper level is Mortgage Underwriter IV and then progresses to Mortgage Underwriting Manager.

Mortgage Underwriter III

Mortgage Underwriter IV

Mortgage Underwriting Manager

Those that have already made the climb...

Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer

MAIDEN HOLDINGS LTD

Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More

Fiscal Year Ended in 2022

What does a Mortgage Underwriter III do?

Mortgage Underwriter III in Danbury, CT

Freddie Mac’s “Loan Prospector” and Fannie Mae’s “Desktop Underwriter” are the two most commonly used automated underwriting systems in use today.

December 03, 2019

Mortgage Underwriter III in Bangor, ME

Flexibility—an underwriter needs to be able to refocus quickly when interrupted.

November 14, 2019

Mortgage Underwriter III in Chillicothe, OH

You calculate percentages, then use the numbers you come up with to figure out the maximum amount of a mortgage to grant.

November 10, 2019

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Mortgage Underwriter III Pay Difference by Location

Mortgage Underwriter III salary varies from city to city. Compared with national average salary of Mortgage Underwriter III, the highest Mortgage Underwriter III salary is in San Francisco, CA, where the Mortgage Underwriter III salary is 25.0% above. The lowest Mortgage Underwriter III salary is in Miami, FL, where the Mortgage Underwriter III salary is 3.5% lower than national average salary.

City, State	Compared to national average
City, State San Francisco, CA	Compared to national average + 25.0%
City, State Washington, DC	Compared to national average + 11.3%
City, State Miami, FL	Compared to national average -3.5%
City, State Chicago, IL	Compared to national average + 4.9%
City, State Boston, MA	Compared to national average + 12.1%
City, State New York, NY	Compared to national average + 16.8%
City, State Dallas, TX	Compared to national average -1.3%

About Barnstable, Massachusetts

Barnstable (/ˈbɑːrnstəbəl/ BARN-stə-bəl) is a city, referred to as the Town of Barnstable, in the U.S. state of Massachusetts and the county seat of Barnstable County. Barnstable is the largest community, both in land area and population, on Cape Cod. At the 2010 census it had a population of 45,193. The town contains several villages (one of which is also named Barnstable) within its boundaries. Its largest village, Hyannis, is the central business district of the county and home to Barnstable Municipal Airport, the airline hub of Cape Cod and the islands of Martha's Vineyard and Nantucket. A...

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

Similar Jobs to Mortgage Underwriter III

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Job Title	Experience	EDUCATION	Salary Compared to This Job
Job Title Mortgage Operations Manager	Experience 5 +	EducationBachelors	Salary Compared to This Job + 55.2%
Job Title Mortgage Underwriter I	Experience 0 - 2	EducationBachelors	Salary Compared to This Job - 31.8%
Job Title Mortgage Underwriter II	Experience 2 - 4	EducationBachelors	Salary Compared to This Job - 17.9%
Job Title Mortgage Underwriter IV	Experience 7 +	EducationBachelors	Salary Compared to This Job + 22.4%
Job Title Underwriter (Life) III	Experience 4 - 7	EducationBachelors	Salary Compared to This Job + 10.5%

Level of Education for Mortgage Underwriter III

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Understand the total compensation opportunity for a Mortgage Underwriter III, base salary plus other pay elements

Average Base Salary

Core compensation

82366

106495

92934

Average Total Cash Compensation

Includes base and annual incentives

85747

113438

98026

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter III in Barnstable, MA. The base salary for Mortgage Underwriter III ranges from $82,366 to $106,495 with the average base salary of $92,934. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,747 to $113,438 with the average total cash compensation of $98,026.

Similar Job Titles:

Mortgage Operations Manager, Mortgage Underwriter I, Mortgage Underwriter II, Mortgage Underwriter IV, Underwriter (Life) III

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82366

106495

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About Barnstable, Massachusetts Barnstable (/ˈbɑːrnstəbəl/ BARN-stə-bəl) is a city, referred to as the Town of Barnstable, in the U.S. state of Massachusetts and the county seat of B....More

Barnstable, Massachusetts area prices were up 1.6% from a year ago View the Cost of Living in Barnstable, Massachusetts

Mortgage Underwriter III Salary in popular cities: Boston, Worcester, Springfield

Skills associated with Mortgage Underwriter III: Underwriting & Rating Software, Mortgage Loans, Real Estate Appraisal Report, Lending Regulatory Compliance

Salary estimation for Mortgage Underwriter III at companies like : Us Third World Entertainment LLC, CHPG Primary Care-Golden, Continental Coffee Company of California

Jobs with a similar salary range to Mortgage Underwriter III : Mortgage Inspector, Mainframe Cobol Programmer, Remote Mortgage Underwriter

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