Salary for
Mortgage Underwriter III in the United States

How much does a Mortgage Underwriter III earn in the United States? The average Mortgage Underwriter III salary in the United States is $77,839 as of March 28, 2019, but the range typically falls between $68,997 and $89,173. 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

Job Description

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. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience.

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Salary range for a Mortgage Underwriter III
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Average Base Salary

Core compensation

 
 
 
68997
89173
77839

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
71826
94968
82093
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Mortgage Underwriter III in the United States. The base salary for Mortgage Underwriter III ranges from $68,997 to $89,173 with the average base salary of $77,839. The total compensation, which includes bonus, health and retirement, can vary anywhere from $71,826 to $94,968 with the average total compensation of $82,093.
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68997
89173
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Career Path for this job

  1. Down a level:

    Mortgage Underwriter II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Mortgage Underwriter III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Mortgage Underwriter IV

    7 + years experience
    Bachelor's Degree

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Job Openings for Mortgage Underwriter III