How much does a Mortgage Underwriter I make in Maryland? The average Mortgage Underwriter I salary in Maryland is $61,778 as of April 24, 2024, but the range typically falls between $53,598 and $72,573. 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 I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Underwriter I Salary $46,150 MD April 24, 2024
25th Percentile Mortgage Underwriter I Salary $53,598 MD April 24, 2024
50th Percentile Mortgage Underwriter I Salary $61,778 MD April 24, 2024
75th Percentile Mortgage Underwriter I Salary $72,573 MD April 24, 2024
90th Percentile Mortgage Underwriter I Salary $82,401 MD April 24, 2024
25% $53,598 10% $46,150 90% $82,401 75% $72,573 $61,778 50%(Median) Didn’t find job title? Click
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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 4.9%
Tax Return 1.73%
Mortgage Products 0.96%
Others 92.41%

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 Maryland
  • Strong organization skills, attention to detail, and ability to multi-task. Strong oral and written communication skills. MUST HAVE BACHELORS DEGREE. At le...
    - Just Posted
  • At United Wholesale Mortgage, success has no limit — especially among our Account Executives. This hardworking team is one of the biggest forces behind our...
    - 0 Months Ago
  • At United Wholesale Mortgage, success has no limit — especially among our Account Executives. This hardworking team is one of the biggest forces behind our...
    - 6 Months 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
  • Start something good. Empower your career. Cenlar is the nation’s leading mortgage loan subservicer. Our unique culture is defined by our core values of re...
    - 1 Month Ago

Select a city to view specific salary and bonus information for Mortgage Underwriter I

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Location Avg. Salary Date Updated
Location Dundalk, MD Avg. Salary $61,598 Date Updated April 24, 2024
Location Abell, MD Avg. Salary $66,392 Date Updated April 24, 2024
Location Aberdeen, MD Avg. Salary $60,340 Date Updated April 24, 2024
Location Aberdeen Proving Ground, MD Avg. Salary $60,700 Date Updated April 24, 2024
Location Abingdon, MD Avg. Salary $60,400 Date Updated April 24, 2024
Location Accident, MD Avg. Salary $53,629 Date Updated April 24, 2024
Location Accokeek, MD Avg. Salary $66,572 Date Updated April 24, 2024
Location Adamstown, MD Avg. Salary $65,134 Date Updated April 24, 2024
Location Allen, MD Avg. Salary $63,696 Date Updated April 24, 2024
Location Andrews Air Force Base, MD Avg. Salary $66,692 Date Updated April 24, 2024

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.

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Mortgage Underwriter I Salary in Maryland
Mortgage Underwriter I Salary Graph, Regional Distribution and Summary