How much does a Mortgage Underwriter IV make in New York? The average Mortgage Underwriter IV salary in New York is $114,228 as of February 26, 2024, but the range typically falls between $104,133 and $134,269. 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 Underwriter IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter IV Salary $94,942 NY February 26, 2024
25th Percentile Mortgage Underwriter IV Salary $104,133 NY February 26, 2024
50th Percentile Mortgage Underwriter IV Salary $114,228 NY February 26, 2024
75th Percentile Mortgage Underwriter IV Salary $134,269 NY February 26, 2024
90th Percentile Mortgage Underwriter IV Salary $152,515 NY February 26, 2024
25% $104,133 10% $94,942 90% $152,515 75% $134,269 $114,228 50%(Median) Didn’t find job title? Click
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Mortgage Loan Officer

Pacific Wholesale Mortgage - Billings Metropolitan Area, MT

Chief Lending Officer

HiEmployment - Honolulu, HI

Mortgage Loan Originator

Liberty First Credit Union - Lincoln, NE

Account Executive

Affordable Homes of South Texas Inc - McAllen, TX

What skills does a Mortgage Underwriter IV 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 0.69%
Tax Return 0.24%
Mortgage Products 0.15%
Others 98.92%

Job Description for Mortgage Underwriter IV

Mortgage Underwriter IV 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 IV assesses risks to determine approval status of complex loans. May help train lower level underwriters. Additionally, Mortgage Underwriter IV may require a bachelor's degree. Typically reports to a manager. Mortgage Underwriter IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Mortgage Underwriter IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter IV in New York

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Location Avg. Salary Date Updated
Location Brentwood, NY Avg. Salary $117,463 Date Updated February 26, 2024
Location Clay, NY Avg. Salary $106,461 Date Updated February 26, 2024
Location Henrietta, NY Avg. Salary $105,524 Date Updated February 26, 2024
Location Huntington, NY Avg. Salary $122,278 Date Updated February 26, 2024
Location Levittown, NY Avg. Salary $117,675 Date Updated February 26, 2024
Location Nassau, NY Avg. Salary $117,675 Date Updated February 26, 2024
Location New Suffolk, NY Avg. Salary $116,064 Date Updated February 26, 2024
Location Accord, NY Avg. Salary $115,002 Date Updated February 26, 2024
Location Acra, NY Avg. Salary $108,725 Date Updated February 26, 2024
Location Adams, NY Avg. Salary $105,925 Date Updated February 26, 2024

Career Path for Mortgage Underwriter IV

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 IV, the first career path typically progresses to Mortgage Underwriting Manager.

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Mortgage Underwriter IV Salary in New York
Mortgage Underwriter IV Salary Graph, Regional Distribution and Summary