Mortgage Underwriter II Salary in the United States

How much does a Mortgage Underwriter II make in the United States? The average Mortgage Underwriter II salary in the United States is $63,923 as of April 27, 2019, but the range typically falls between $55,593 and $73,255. 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

Recently searched related titles: Loan Underwriter, Real Estate Underwriter, Commercial Lines Underwriter

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 approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Gaining exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
55593
73255
63923

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
57080
77173
65632
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Underwriter II in the United States. The base salary for Mortgage Underwriter II ranges from $55,593 to $73,255 with the average base salary of $63,923. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $57,080 to $77,173 with the average total cash compensation of $65,632.
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55593
73255

 

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Career Path for this job

  1. Down a level:

    Mortgage Underwriter I

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Mortgage Underwriter II

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Mortgage Underwriter III

    4 - 7 years experience
    Bachelor's Degree

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Job Openings for Mortgage Underwriter II