Loan Underwriter, Mortgage

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October 30, 2016

Jobs

Loan Underwriter, Mortgage Job Description

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.

Loan Underwriter, Mortgage Salary Statistics as of 2015

Average annual salary for a Loan Underwriter, Mortgage is $55116 based on statistics in the U.S. as of 2015. The highest salary recorded was $80013. The lowest salary reported was $38158. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Loan Underwriter, Mortgage is $15.53 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $17.3. The lowest hourly rate recorded was $13.76. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Loan Underwriter, Mortgage are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $2916 from people with 15+ years of experience. The average bonus recorded was $0 from people with under 1 year of experience.

These are the highest paying states for a Loan Underwriter, Mortgage. These numbers are based of the median annual salary as of 2015.
California – $41,240 – $86,738
Florida – $35,842 – $71,134
Illinois – $36,878 – $71,953
New York – $30,011 – $82,721
North Carolina – $36,326 – $66,725
Ohio – $30,410 – $69,823
Texas – $36,065 – $83,274

These are the highest paying cities for a Loan Underwriter, Mortgage. These numbers are based of the median annual salary as of 2015.
Dallas, Texas –
Jacksonville, Florida –
Charlotte, North Carolina –
Chicago, Illinois –
Phoenix, Arizona –
Tampa, Florida –
New York, New York –

This chart outlines the average annual salary of a Loan Underwriter, Mortgage from the past 5 years. In 2015 the average annual salary was $55116 while in 2007 it was just $51113.62

Job Outlook

Gender Statistics

Related Jobs

29%

71%

Based on our stats gathered across the U.S. 29% of Loan Underwriter, Mortgages were males while 71% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Mortgage Loan Processor
$23,970 – $49,106
Underwriter
$33,606 – $76,927
Senior Underwriter
$48,829 – $99,237

Future Jobs

Senior Mortgage Loan Processor
$30,627 – $57,413
Administrative Assistant
$21,323 – $43,590
Credit Analyst, Banking
$29,824 – $65,156


Loan Underwriter, Mortgage Jobs

 

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