Average Loan Underwriter, Mortgage Salary in Canada

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The average salary for a Loan Underwriter, Mortgage in Canada is C$55,604.
MEDIAN C$55,604
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United States (change)
C$43k - C$69k
Profit Sharing
C$0 - C$10k
Total Pay
C$41k - C$73k

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Job Description for Loan Underwriter, Mortgage

Loan Underwriter, Mortgage Tasks
  • Analyze credit data and financial statements of individuals or firms to determine the risk involved in extending credit or lending money.
  • Prepare reports based on the results from the risk analysis for use in decision-making.

Popular Employer Salaries for Loan Underwriter, Mortgage

Career Paths

Explore the most common career paths for Loan Underwriter, Mortgage. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Loan Underwriter, Mortgage
Senior Underwriter
Vice President (VP), Credit
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Loan Underwriter, Mortgage Job Listings

Popular Skills for Loan Underwriter, Mortgage

Skills in Loan Underwriting and Residential Loans are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis, Risk Management / Risk Control and Mortgage Loans.

Pay by Experience Level for Loan Underwriter, Mortgage

An early career Loan Underwriter, Mortgage with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of C$52,100 based on 47 salaries. A mid-career Loan Underwriter, Mortgage with 5-9 years of experience earns an average total compensation of C$56,950 based on 36 salaries. An experienced Loan Underwriter, Mortgage with 10-19 years of experience earns an average total compensation of C$58,133 based on 35 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$58,688.
Employees with Loan Underwriter, Mortgage in their job title in Calgary, Alberta earn an average of 6.7% more than the national average. These job titles also find higher than average salaries in Toronto, Ontario (4.3% more) and Edmonton, Alberta (4.2% more). The lowest salaries can be found in Montréal, Québec (7.4% less) and Vancouver, British Columbia (7.1% less).

Years of Experience

This data is based on 135 survey responses.
Early Career
Mid Career
Late Career

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