Mortgage Underwriter II Salary in New Jersey
Mortgage Underwriter II Salary in New Jersey
How much does a Mortgage Underwriter II make in New Jersey? The average Mortgage Underwriter II salary in New Jersey is $78,938 as of March 26, 2024, but the range typically falls between $68,856 and $90,655. 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 II Salary | $59,677 | NJ | March 26, 2024 |
| 25th Percentile Mortgage Underwriter II Salary | $68,856 | NJ | March 26, 2024 |
| 50th Percentile Mortgage Underwriter II Salary | $78,938 | NJ | March 26, 2024 |
| 75th Percentile Mortgage Underwriter II Salary | $90,655 | NJ | March 26, 2024 |
| 90th Percentile Mortgage Underwriter II Salary | $101,323 | NJ | March 26, 2024 |
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What skills does a Mortgage Underwriter II need?
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.
Job Description for Mortgage Underwriter II
Mortgage Underwriter II 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 II assesses risks to determine approval status. May require a bachelor's degree. Additionally, Mortgage Underwriter II typically reports to a supervisor or manager. The Mortgage Underwriter II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Mortgage Underwriter II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Bayonne, NJ | Avg. Salary $81,387 | Date Updated March 26, 2024 |
| Location Bergenfield, NJ | Avg. Salary $82,827 | Date Updated March 26, 2024 |
| Location Bloomfield, NJ | Avg. Salary $82,899 | Date Updated March 26, 2024 |
| Location East Brunswick, NJ | Avg. Salary $81,315 | Date Updated March 26, 2024 |
| Location Hoboken, NJ | Avg. Salary $84,124 | Date Updated March 26, 2024 |
| Location Irvington, NJ | Avg. Salary $81,387 | Date Updated March 26, 2024 |
| Location Lakewood, NJ | Avg. Salary $80,162 | Date Updated March 26, 2024 |
| Location Middlesex, NJ | Avg. Salary $80,810 | Date Updated March 26, 2024 |
| Location Passaic, NJ | Avg. Salary $82,899 | Date Updated March 26, 2024 |
| Location Union, NJ | Avg. Salary $81,387 | Date Updated March 26, 2024 |
Career Path for Mortgage Underwriter II
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 II, the upper level is Mortgage Underwriter III and then progresses to Mortgage Underwriter IV.
What does a Mortgage Underwriter II do?
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About New Jersey
Similar Jobs to Mortgage Underwriter II
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Mortgage Loan Processor II | Experience 1 - 3 | EducationHigh School | 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 III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Underwriter IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Level of Education for Mortgage Underwriter II
Jobs with different levels of education may pay very differently. Check the Mortgage Underwriter II salary of your education level.
- Mortgage Underwriter II Salaries with a High School Diploma or Technical Certificate
- Mortgage Underwriter II Salaries with an Associate's Degree
- Mortgage Underwriter II Salaries with a Bachelor's Degree
- Mortgage Underwriter II Salaries with a Master's Degree or MBA
- Mortgage Underwriter II Salaries with a JD, MD, PhD or Equivalent
Mortgage Underwriter II Salary by Global Country
Mortgage Underwriter II salary varies from country to country. There are several factors that mainly impact the Mortgage Underwriter II salary, including cost of living, economic conditions, market rates and legal differences. Click below to Mortgage Underwriter II salary of the other country.
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Most Popular Cities for Mortgage Underwriter II Job
- Baltimore, MD Mortgage Underwriter II
- Los Angeles, CA Mortgage Underwriter II
- Seattle, WA Mortgage Underwriter II
- Jacksonville, FL Mortgage Underwriter II
- Philadelphia, PA Mortgage Underwriter II
- New York, NY Mortgage Underwriter II
- Detroit, MI Mortgage Underwriter II
- Minneapolis, MN Mortgage Underwriter II
- Mesa, AZ Mortgage Underwriter II
- Phoenix, AZ Mortgage Underwriter II
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Browse Related Job Categories With Mortgage Underwriter II
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Mortgage Underwriter II salary varies from category to category. Click below to see Mortgage Underwriter II salary in different categories.
About New Jersey New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newa....More
Skills associated with Mortgage Underwriter II: Real Estate Appraisal Report, Underwriting & Rating Software, Lending Regulatory Compliance, Mortgage Loans
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