How much does a Mortgage Underwriter IV make in Minnesota? The average Mortgage Underwriter IV salary in Minnesota is $109,748 as of March 26, 2024, but the range typically falls between $100,050 and $129,001. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Mortgage Underwriter IV Salary | $91,221 | MN | March 26, 2024 |
25th Percentile Mortgage Underwriter IV Salary | $100,050 | MN | March 26, 2024 |
50th Percentile Mortgage Underwriter IV Salary | $109,748 | MN | March 26, 2024 |
75th Percentile Mortgage Underwriter IV Salary | $129,001 | MN | March 26, 2024 |
90th Percentile Mortgage Underwriter IV Salary | $146,529 | MN | March 26, 2024 |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.
Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.
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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Location | Avg. Salary | Date Updated |
---|---|---|
Location Lakeville, MN | Avg. Salary $113,074 | Date Updated March 26, 2024 |
Location Minnetonka, MN | Avg. Salary $113,825 | Date Updated March 26, 2024 |
Location Ada, MN | Avg. Salary $101,380 | Date Updated March 26, 2024 |
Location Adams, MN | Avg. Salary $106,530 | Date Updated March 26, 2024 |
Location Adolph, MN | Avg. Salary $103,633 | Date Updated March 26, 2024 |
Location Adrian, MN | Avg. Salary $95,802 | Date Updated March 26, 2024 |
Location Afton, MN | Avg. Salary $112,967 | Date Updated March 26, 2024 |
Location Ah Gwah Ching, MN | Avg. Salary $102,989 | Date Updated March 26, 2024 |
Location Aitkin, MN | Avg. Salary $103,740 | Date Updated March 26, 2024 |
Location Akeley, MN | Avg. Salary $103,097 | Date Updated March 26, 2024 |
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.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Loan Underwriter IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Operations Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Mortgage Underwriter IV salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Mortgage Underwriter IV salary varies from category to category. Click below to see Mortgage Underwriter IV salary in different categories.
About Minnesota Minnesota (/ˌmɪnɪˈsoʊtə/ (listen)) is a state in the Upper Midwest and northern regions of the United States. Minnesota was admitted as the 32nd U.S. ....More
Skills associated with Mortgage Underwriter IV: Lending Regulatory Compliance, Real Estate Appraisal Report, Underwriting & Rating Software, Mortgage Loans
Salary estimation for Mortgage Underwriter IV at companies like : Centers Plan for Healthy, Data Lok, Ancor International Group Inc