How much does a Mortgage Underwriter III make in Lakewood, WA? The average Mortgage Underwriter III salary in Lakewood, WA is $94,038 as of February 26, 2024, but the range typically falls between $83,351 and $107,762. 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 $73,620 Lakewood,WA February 26, 2024
25th Percentile Mortgage Underwriter III Salary $83,351 Lakewood,WA February 26, 2024
50th Percentile Mortgage Underwriter III Salary $94,038 Lakewood,WA February 26, 2024
75th Percentile Mortgage Underwriter III Salary $107,762 Lakewood,WA February 26, 2024
90th Percentile Mortgage Underwriter III Salary $120,257 Lakewood,WA February 26, 2024
25% $83,351 10% $73,620 90% $120,257 75% $107,762 $94,038 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 Lakewood, WA

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 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

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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

 
 
 
83351
107762
94038

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
86766
114787
99193
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 Lakewood, WA. The base salary for Mortgage Underwriter III ranges from $83,351 to $107,762 with the average base salary of $94,038. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $86,766 to $114,787 with the average total cash compensation of $99,193.
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83351
107762

 

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About Lakewood, Washington    Lakewood is a city in Pierce County, Washington, United States. The population was 58,163 at the 2010 census. Lakewood is located at 47°10′N 122°32′W....More

Lakewood, Washington  area prices were up 2.8% from a year ago    View the Cost of Living in Lakewood, Washington

Mortgage Underwriter III Salary in popular cities: SeattleSpokaneTacoma

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

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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