Salary for Loan Underwriter, Mortgage Jobs

Updated: 4 Feb 2012
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National Salary Data

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Salary$35,452 - $71,717  
   
Bonus$506 - $15,536  
Profit Sharing$1,838 - $11,745  
Commission$0.00 - $49,316  
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).
)		$35,458 - $76,320  
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Country: United States | Currency: USD | Updated: 4 Feb 2012 | Individuals Reporting: 714
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company salaries
Companies and Industries for Loan Underwriter, Mortgage Jobs

Popular Employers

Salary Range
Bank of America Corp. (BOFA)$34,255 - $67,092
Wells Fargo Home Mortgage$30,867 - $74,395
J.P. Morgan Chase & Co. (JPMCC)$35,500 - $72,414
CitiMortgage, Inc.$34,392 - $55,341
J.P. Morgan & Co Inc (JPMC)Not enough data
Popular Industries

Salary Range
Mortgage Lending / Loans / Credit Products$34,905 - $70,881
Mortgage Lending$38,641 - $73,116
Banking$31,666 - $64,763
Mortgage Banking$39,376 - $74,886
Financial Services$35,364 - $74,444

key statistics
Key Statistics for Loan Underwriter, Mortgage Jobs

Gender
Female
70%
female alumni
  
Male
30%
male alumni
Salary:$41,234 - $61,648 $39,290 - $61,204
Years of Experience
Less than 1 year
4%
1-4 years
27%
5-9 years
23%
10-19 years
29%
20 years or more
18%
Most Common Health Benefits
medical benefits Medical: 83% dental benefits Dental: 74%
vision benefits Vision: 56% employee benefits None: 14%

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career path
Career Path for Loan Underwriter, Mortgage Jobs

Common Past Jobs
Common Future Jobs

Loan Underwriter, Mortgage

Salary Range

$35,458 - $76,320
payscale
Mortgage Loan Processor
$23,972 - $53,614
Underwriter
$33,270 - $81,213
Senior Underwriter
$48,390 - $109,114
 
Common Past Jobs
Common Future Jobs

Loan Underwriter, Mortgage

Salary Range

$35,458 - $76,320
payscale
Senior Mortgage Loan Processor
$30,674 - $63,754
Loan Officer, Commercial
$39,715 - $126,346
Credit Analyst, Banking
$29,558 - $66,488
 

career path
Salary Map for Loan Underwriter, Mortgage Jobs

Highest Salaries By City for Loan Underwriter, Mortgage Jobs

Top Cities by Popularity for Loan Underwriter, Mortgage Jobs

Highest Salaries By City Top Cities by Popularity

sample job description
Loan Underwriter, Mortgage Job Description

People with the job title Loan Underwriter, Mortgage typically fall into one of the following PayScale standard occupations.

Credit Analysts
Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
Insurance Underwriters
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

See Sample Job Descriptions for All Jobs

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Loan Underwriter, Mortgage Jobs

Put in writing
Loan Underwriter, Mortgage - (City withheld for privacy), Florida, United States
Put salary and all benefits in writing when you are offered a position. Try not to accept a position on a verbal agreement If you leave a company on neutral terms try to get that in writing as well.
Posted in Interviewing Tips on 3 Nov 2006
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