Alternate Job Titles: Mortgage Underwriter I, Entry Level Mortgage Underwriter
How much does a Mortgage Underwriter I make? The median annual Mortgage Underwriter I salary is $51,271, as of September 27, 2017, with a range usually between $44,503-$60,241, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Mortgage Underwriter I in the United States.
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This chart describes the expected percentage of people who perform the job of Mortgage Underwriter I in the United States that make less than that annual salary. For example the median expected annual pay for a typical Mortgage Underwriter I in the United States is $51,271, so 50% of the people who perform the job of Mortgage Underwriter I in the United States are expected to make less than $51,271.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Mortgage Underwriter I that make less than that salary. For example 50% of the people who perform the job of Mortgage Underwriter I are expected to make less than the median.
Source: HR Reported data as of October 2017
Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0-2 years of related experience. View full job description