Mortgage Underwriter I Salaries

View Mortgage Underwriter I Hourly Wages

Alternate Job Titles: Mortgage Underwriter I, Entry Level Mortgage Underwriter

What is the average annual salary for Mortgage Underwriter I?
The annual salary for someone with the job title Mortgage Underwriter I may vary depending on a number of factors including industry, company size, location, years of experience and level of education. 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.

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 $48,840 so 50% of the people who perform the job of Mortgage Underwriter I in the United States are expected to make less than $48,840.

Source: HR Reported data as of October 2015

Median $48,840
  • 10%$37,332
  • 25%$42,816
  • 75%$57,185
  • 90%$64,783

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Job Description for Mortgage Underwriter I

Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. May require a bachelor's degree in area of specialty and 0-2 years of experience in the field or in a related area. Familiar with standard concepts, practices, and procedures within a particular field. Relies on limited experience and judgment to plan and accomplish goals. Performs a variety of tasks. Works under general supervision. A certain degree of creativity and latitude is required. Typically reports to a supervisor or manager. View Mortgage Underwriter I job description

View Banking Jobs by Salary Range: <$30K, $30K–$50K, $50K–$80K, $80K–$100K, >$100K

Categories:  Banking, Entry Level

Industries:  Financial Services, Insurance

Similar Job Titles:  Underwriter (Life) I, Group Underwriter I, Mortgage Underwriter IV, Mortgage Underwriter II, Mortgage Underwriter III, Mortgage Operations Manager, Mortgage Loan Officer I, Mortgage Collection Supervisor I, Mortgage Credit Analyst I

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