Underwriter with Mortgage Loans Skills Salary

The average salary for an Underwriter with Mortgage Loans skills is $61,308 per year. Experience has a moderate effect on pay for this job.

$45,484 - $85,984
$45K
$61K
$86K
MEDIAN: $61,308
10%
50%
90%

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$14.91 - $32.70
$15
$22
$33
MEDIAN: $22.08
10%
50%
90%

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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$32K$64K$96K
Salary
$45,484 - $85,984  
   
Bonus
$995 - $16,487  
Profit Sharing
$800  
Commission
$6,750  
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).
)
$42,658 - $93,190  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 109
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
$14.91 - $32.70  
   
Overtime
$30.26 - $61.86  
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
$995 - $16,487  
   
Commission
$6,750  
Profit Sharing
$800  
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).
)
$42,658 - $93,190  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 24

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Pay by Experience Level for Underwriter

Pay by Experience for an Underwriter has a positive trend. An entry-level Underwriter with less than 5 years of experience can expect to earn an average total compensation of $55,000 based on 65 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $63,000 based on 50 salaries. An experienced Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 37 salaries. An Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $85,000 based on 18 salaries.

Key Stats for Underwriter

Gender

Female
61 %
Male
39 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 23 votes.
Less than 1 year
4%
1-4 years
35%
5-9 years
26%
10-19 years
22%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Underwriter Salaries

Late-Career
▲37%

Experienced
▲15%

Mid-Career
▲2%

National Average
$62,000

Entry-Level
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 23 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
4%
1-4 years
35%
5-9 years
26%
10-19 years
22%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 79%
vision benefits
Vision: 77%
no benefits
None: 11%