Salary for
Mortgage Underwriter I in the United States

How much does a Mortgage Underwriter I earn in the United States? The average Mortgage Underwriter I salary in the United States is $53,066 as of February 28, 2019, but the range typically falls between $46,048 and $62,345. 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 Cost of Living in Major Cities

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Job Description

Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Assesses risks to determine approv

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

Average Base Salary

Core compensation

 
 
 
46048
62345
53066

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
47560
65262
54951
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Mortgage Underwriter I in the United States. The base salary for Mortgage Underwriter I ranges from $46,048 to $62,345 with the average base salary of $53,066. The total compensation, which includes bonus, health and retirement, can vary anywhere from $47,560 to $65,262 with the average total compensation of $54,951.
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46048
62345
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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