Loan Underwriter, Mortgage at Wells Fargo Home Mortgage Salary

Earnings for Mortgage Loan Underwriters at Wells Fargo Home Mortgage come in at around $63K annually on average. Medical benefits are awarded to nearly all, and a strong majority earn dental coverage. Men account for the majority of Mortgage Loan Underwriters at Wells Fargo Home Mortgage who responded to the questionnaire — 61 percent to be exact. Among folks in this role, job satisfaction levels approximately match the national average. The information for this snapshot was generated by responses to the PayScale salary survey.

$39,206 - $84,294
$39K
$63K
$84K
MEDIAN: $62,657
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
$39,206 - $84,294  
   
Bonus
$5,072 - $31,027  
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).
)
$40,311 - $91,374  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 20
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
$31.71 - $62.58  
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
$5,072 - $31,027  
   
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).
)
$40,311 - $91,374  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 8

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Pay by Experience Level for Loan Underwriter, Mortgage

Pay by Experience for a Loan Underwriter, Mortgage has a positive trend. An entry-level Loan Underwriter, Mortgage with less than 5 years of experience can expect to earn an average total compensation of $56,000 based on 14 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Underwriter, Mortgage with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $65,000 based on 15 salaries. An experienced Loan Underwriter, Mortgage which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $63,000 based on 9 salaries. A Loan Underwriter, Mortgage with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $75,000 based on 11 salaries.

Key Stats for Loan Underwriter, Mortgage

Gender

Female
39 %
Male
61 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
Less than 1 year
4%
1-4 years
29%
5-9 years
32%
10-19 years
29%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Underwriter, Mortgage Salaries

▲19%

▲2%

National Average
$63,000

▼1%

▼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
39 %
Male
61 %

Years of Experience

Less than 1 year
4%
1-4 years
29%
5-9 years
32%
10-19 years
29%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 96%
dental benefits
Dental: 77%
vision benefits
Vision: 77%
no benefits
None: 4%
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