Mortgage Underwriter I Salary in the United States

How much does a Mortgage Underwriter I make in the United States? The average Mortgage Underwriter I salary in the United States is $53,255 as of April 27, 2019, but the range typically falls between $46,215 and $62,569. 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.  View the Cost of Living in Major Cities

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Job Description

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 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
46215
62569
53255

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
47731
65494
55146
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter I in the United States. The base salary for Mortgage Underwriter I ranges from $46,215 to $62,569 with the average base salary of $53,255. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $47,731 to $65,494 with the average total cash compensation of $55,146.
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46215
62569

 

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Career Path for this job

  1. This Job:

    Mortgage Underwriter I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Mortgage Underwriter II

    2 - 4 years experience
    Bachelor's Degree

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Job Openings for Mortgage Underwriter I