How much does a Mortgage Underwriting Manager make in Massachusetts? The average Mortgage Underwriting Manager salary in Massachusetts is $113,674 as of February 26, 2024, but the range typically falls between $95,149 and $133,878. 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 Underwriting Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriting Manager Salary $78,283 MA February 26, 2024
25th Percentile Mortgage Underwriting Manager Salary $95,149 MA February 26, 2024
50th Percentile Mortgage Underwriting Manager Salary $113,674 MA February 26, 2024
75th Percentile Mortgage Underwriting Manager Salary $133,878 MA February 26, 2024
90th Percentile Mortgage Underwriting Manager Salary $152,272 MA February 26, 2024
25% $95,149 10% $78,283 90% $152,272 75% $133,878 $113,674 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Underwriting Manager 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.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Mortgage Banking: Mortgage banking generally involves loan originations as well as purchases and sales of loans through the secondary mortgage market. A bank engaged in mortgage banking may retain or sell loans it originates or purchases from affiliates, brokers, or correspondents.

3.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

Leadership 4.48%
Mortgage Banking 1.16%
Microsoft Office 0.82%
Others 93.54%

Job Description for Mortgage Underwriting Manager

Mortgage Underwriting Manager provides quality mortgage loans to customers. Reviews and develops all aspects of mortgage loan guidelines to ensure compliance with federal and state regulations. Being a Mortgage Underwriting Manager monitors processes and systems of mortgage loans and promotes the new line of businesses. Requires a bachelor's degree. Additionally, Mortgage Underwriting Manager typically reports to a head of a unit/department. The Mortgage Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Mortgage Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriting Manager in Massachusetts

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Location Avg. Salary Date Updated
Location Attleboro, MA Avg. Salary $109,986 Date Updated February 26, 2024
Location Barnstable, MA Avg. Salary $111,171 Date Updated February 26, 2024
Location Fitchburg, MA Avg. Salary $111,361 Date Updated February 26, 2024
Location Hyannis, MA Avg. Salary $110,785 Date Updated February 26, 2024
Location Leominster, MA Avg. Salary $109,983 Date Updated February 26, 2024
Location Malden, MA Avg. Salary $117,685 Date Updated February 26, 2024
Location Methuen, MA Avg. Salary $111,554 Date Updated February 26, 2024
Location Newton, MA Avg. Salary $117,685 Date Updated February 26, 2024
Location Revere, MA Avg. Salary $117,685 Date Updated February 26, 2024
Location Weymouth, MA Avg. Salary $114,061 Date Updated February 26, 2024
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Mortgage Underwriting Manager Salary in Massachusetts
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