Loan Underwriter, Mortgage at Wells Fargo Home Mortgage Salary

Mortgage Loan Underwriters at Wells Fargo Home Mortgage can expect to earn an average of $62K annually. Medical benefits are awarded to nearly all, and most earn dental coverage. Male Mortgage Loan Underwriters at Wells Fargo Home Mortgage are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 58 percent of the field. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. The data for this synopsis comes from respondents who took the PayScale salary survey.

$39,349 - $84,078
$39K
$62K
$84K
MEDIAN: $61,869
10%
50%
90%

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$23.02 - $33.07
$24
MEDIAN: $24.50
50%

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National 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.
)
$0$31K$62K$93K
Salary
$39,349 - $84,078  
   
Bonus
$5,103 - $22,669  
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).
)
$40,461 - $91,024  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 21
© PayScale, Inc. @ www.payscale.com
National Hourly Rate 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.
)
$0$21$42$63
Hourly Rate
$24.50  
   
Overtime
$31.18 - $62.14  
National Annualized 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.
)
$0$50K$100K$150K
Bonus
$5,103 - $22,669  
   
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).
)
$40,461 - $91,024  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 8
© PayScale, Inc. @ www.payscale.com

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Pay by Experience Level for Loan Underwriter, Mortgage

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average inexperienced worker earns $56K, and someone who has worked for five to 10 years can expect a bigger median salary of $65K. Mortgage Loan Underwriters at Wells Fargo Home Mortgage bring in $63K after working for 10 to 20 years. Mortgage Loan Underwriters at Wells Fargo Home Mortgage who have spent more than 20 years on the job report earning a significantly higher median of $75K.

Key Stats for Loan Underwriter, Mortgage

Gender

Female
42 %
Male
58 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
Less than 1 year
3%
1-4 years
28%
5-9 years
34%
10-19 years
28%
20 years or more
7%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Underwriter, Mortgage Salaries

▲20%

▲3%

▼0%

National Average
$63,000

▼11%

Skills That Affect Loan Underwriter, Mortgage Salaries


National Average
$63,000


Financial Analysis
▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
3%
1-4 years
28%
5-9 years
34%
10-19 years
28%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 81%
vision benefits
Vision: 81%
dental benefits
None: 4%
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