A Loan Underwriter, Mortgage in Toronto, Ontario earns an average salary of C$55,352 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. For the first five to ten years in this position, salary increases modestly, but any additional experience does not have a big effect on pay.

C$44,101 - C$70,710
(Median)
C$44K
C$55K
C$71K
MEDIAN: C$55,352
10%
50%
90%

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Local Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$25KC$50KC$75K
Salary
C$44,101 - C$70,710  
   
Bonus
C$1,987 - C$9,192  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$39,533 - C$74,196  
Country: Canada | Currency: CAD | Updated: 28 Oct 2016 | Individuals Reporting: 38

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Experience Affects Loan Underwriter, Mortgage Salaries

Experienced
up arrow 8%

Mid-Career
up arrow 5%

National Average
C$56,000

Entry-Level
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
81 %
Male
19 %

Years of Experience

Less than 1 year
5%
1-4 years
34%
5-9 years
29%
10-19 years
22%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 80%
medical benefits
Vision: 70%
dental benefits
None: 20%
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