How much does a Mortgage Underwriter I make in Bronx, NY? The average Mortgage Underwriter I salary in Bronx, NY is $70,263 as of February 26, 2024, but the range typically falls between $60,949 and $82,533. 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. 

Mortgage Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter I Salary $52,470 Bronx,NY February 26, 2024
25th Percentile Mortgage Underwriter I Salary $60,949 Bronx,NY February 26, 2024
50th Percentile Mortgage Underwriter I Salary $70,263 Bronx,NY February 26, 2024
75th Percentile Mortgage Underwriter I Salary $82,533 Bronx,NY February 26, 2024
90th Percentile Mortgage Underwriter I Salary $93,705 Bronx,NY February 26, 2024
25% $60,949 10% $52,470 90% $93,705 75% $82,533 $70,263 50%(Median) Didn’t find job title? Click
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Check out Mortgage Underwriter jobs in Bronx, New York

Loan Officer Assistant (On-Site)

CrossCountry Mortgage, LLC. - Dallas, TX

Mortgage Loan Originator

Liberty First Credit Union - Lincoln, NE

What skills does a Mortgage Underwriter I 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 0.29%
Mortgage Products 0.16%
Others 98.74%

Job Description for Mortgage Underwriter I

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. Being a Mortgage Underwriter I assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter I typically reports to a supervisor or manager. The Mortgage Underwriter I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Mortgage Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter I in Bronx, NY

Career Path for Mortgage Underwriter I

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

Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
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
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Mortgage Underwriter I salary varies from city to city. Compared with national average salary of Mortgage Underwriter I, the highest Mortgage Underwriter I salary is in San Francisco, CA, where the Mortgage Underwriter I salary is 25.0% above. The lowest Mortgage Underwriter I salary is in Miami, FL, where the Mortgage Underwriter I salary is 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
60949
82533
70263

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
62952
86384
72751
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter I in Bronx, NY. The base salary for Mortgage Underwriter I ranges from $60,949 to $82,533 with the average base salary of $70,263. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $62,952 to $86,384 with the average total cash compensation of $72,751.
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For a real-time salary target, tell us more about your role in the four categories below.

60949
82533

 

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About Bronx, New York    The Bronx is the northernmost of the five boroughs of New York City, in the U.S. state of New York. It is south of Westchester County; northeast and e....More

Bronx, New York  area prices were up 1.6% from a year ago    View the Cost of Living in Bronx, New York

Mortgage Underwriter I Salary in popular cities: New YorkBuffaloRochester

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

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