How much does a Mortgage Underwriter III make in Toledo, OH? The average Mortgage Underwriter III salary in Toledo, OH is $84,876 as of April 24, 2024, but the range typically falls between $75,226 and $97,263. 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 III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter III Salary $66,441 Toledo,OH April 24, 2024
25th Percentile Mortgage Underwriter III Salary $75,226 Toledo,OH April 24, 2024
50th Percentile Mortgage Underwriter III Salary $84,876 Toledo,OH April 24, 2024
75th Percentile Mortgage Underwriter III Salary $97,263 Toledo,OH April 24, 2024
90th Percentile Mortgage Underwriter III Salary $108,541 Toledo,OH April 24, 2024
25% $75,226 10% $66,441 90% $108,541 75% $97,263 $84,876 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Underwriter III 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 4.55%
Tax Return 1.64%
Mortgage Products 0.98%
Others 92.83%

Job Description for Mortgage Underwriter III

Mortgage Underwriter III 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 III assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter III typically reports to a supervisor or manager. The Mortgage Underwriter III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Mortgage Underwriter III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Underwriter III in Toledo, OH
  • Overview. FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engi...
    - 4 Days Ago
  • As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a r...
    - 1 Day Ago
  • Make banking a Fifth Third better. We connect great people to great opportunities. Are you ready to take the next step. Discover a career in banking at Fif...
    - 4 Days Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...
    - 9 Months Ago
  • This position offers an optional hybrid work schedule, with three days working in the office and two days working remotely. Are you looking to kick-start y...
    - 26 Days Ago

Career Path for Mortgage Underwriter III

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 III, the upper level is Mortgage Underwriter IV and then progresses to Mortgage Underwriting Manager.

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 III salary varies from city to city. Compared with national average salary of Mortgage Underwriter III, the highest Mortgage Underwriter III salary is in San Francisco, CA, where the Mortgage Underwriter III salary is 25.0% above. The lowest Mortgage Underwriter III salary is in Miami, FL, where the Mortgage Underwriter III salary is 3.5% 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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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

Average Base Salary

Core compensation

 
 
 
75226
97263
84876

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
78313
103604
89530
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter III in Toledo, OH. The base salary for Mortgage Underwriter III ranges from $75,226 to $97,263 with the average base salary of $84,876. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $78,313 to $103,604 with the average total cash compensation of $89,530.
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75226
97263

 

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About Toledo, Ohio    Toledo (/təˈliːdoʊ/) is a city in and the county seat of Lucas County, Ohio, United States. Toledo is in northwest Ohio, at the western end of Lake Er....More

Toledo, Ohio  area prices were up 1.3% from a year ago    View the Cost of Living in Toledo, Ohio

Mortgage Underwriter III Salary in popular cities: ColumbusClevelandCincinnati

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

Salary estimation for Mortgage Underwriter III at companies like : Us Third World Entertainment LLC, CHPG Primary Care-Golden, Continental Coffee Company of California

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