$78,611
Avg. Salary
$30.00
Avg. Hourly Rate
Help us gather more data! Is Loan Underwriter, Mortgage your job title? Find out what you're worth.

The average pay for a Loan Underwriter, Mortgage in Dallas, Texas is $30.00 per hour.

The average pay for a Loan Underwriter, Mortgage in Dallas, Texas is $78,611 per year.

$0.00
10%
$30.00
50%
$0.00
90%
MEDIAN $30.00
$62k
10%
$79k
50%
$91k
90%
MEDIAN $78,611
$62,400 - $91,150
$79K
MEDIAN: $78,611
50%

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$0$101K
Salary $78,611
Bonus $10,000
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).
)
$50,684 - $101,592
  • Country: United States
  • Currency: USD
  • Updated: 21 Feb 2019
  • Individuals Reporting: 9

Job Description for Loan Underwriter, Mortgage

Mortgage loan underwriters are responsible for approving or rejecting mortgages. To make this decision, the mortgage underwriter must generate a risk report and demonstrate how the contents of the report are within the lender's guidelines for approval, or how the contents of the report fail to meet the guidelines. The first thing that mortgage underwriters do is obtain and review credit reports for prospective debtors. Next, they obtain information from prospective debtors about their income, and possibly their assets and other debts. Afterward, mortgage underwriters will determine what collateral is available that can be used to back the mortgage.

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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.

About Dallas, Texas

Dallas County, Texas
1,300,082
Male:
639,019 (49.2%)
Female:
661,063 (50.8%)
Dallas (/ˈdæləs/) is a major city in the state of Texas and is the largest urban center of the fourth most populous metropolitan area in the United States. The city proper ranks ninth in the U.S. and third in Texas after Houston and San Antonio. The city's prominence arose from its historical importance as a center for the oil and cotton industries, and its position along numerous railroad lines. The bulk of the city is in Dallas County, of which it is the county seat; however, sections of the city are located in Collin, Denton, Kaufman, and Rockwall counties. According to the 2010 United States Census, the city had a population of 1,197,816. The United States Census Bureau's estimate for the city's population increased to 1,300,092 as of July 1, 2015. The city is the largest economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area (commonly referred to as DFW), which...
Dallas:
$45,918
Texas:
$55,653
$903
Dallas:
$152,400
Texas:
$152,000
3.5%

Loan Underwriter, Mortgage Job Listings

Key Stats for Loan Underwriter, Mortgage

Gender

Female
50 %
Male
50 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
10-19 years
91%
20 years or more
9%

Skills That Affect Loan Underwriter, Mortgage Salaries

Loan Underwriting
▲7%

Mortgage Loans
▲2%

National Average
$79,000

Job Satisfaction

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

Gender

Female
50 %
Male
50 %

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 75%
vision benefits
Vision: 50%
no benefits
None: 25%