Updated Sep 15, 2022

How much does a Mortgage Loan Underwriter make?

Updated Sep 15, 2022

Experience

Industry

$128,133 / yrTotal Pay
$95,136 / yrBase Pay
$32,997 / yrAdditional Pay

$128,133

 / yr
$77K$216K
Most Likely Range
Possible Range

The estimated total pay for a Mortgage Loan Underwriter is $128,133 per year in the United States area, with an average salary of $95,136 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $32,997 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

How accurate does $128,133 look to you?

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Total Pay Trajectory

For Underwriter

$67,305 /yr
Underwriter
$103,129 /yr
Senior Underwriter
$141,113 /yr
Underwriter IV
See Full Career Path

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Related Job Titles

For Mortgage Loan Underwriter

Some related job titles are Commercial Underwriter Salaries with median pay of $78,415, Mortgage Underwriter Salaries with median pay of $153,794, Mortgage Loan Officer Salaries with median pay of $215,934, Mortgage Loan Processor Salaries with median pay of $68,742.

What are total pay estimates for a Mortgage Loan Underwriter at different companies?

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Jobs
Total Pay Range
Sierra Pacific Mortgage
3.7
Mortgage Loan UnderwriterSee 4 salaries from all locations

$118,335

 / yr

$141,390

 / yr

$162,095

 / yr

$155,469

 / yr

$117,046

 / yr

$123,037

 / yr

$169,869

 / yr

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Loan Simple
3.4
Mortgage Loan UnderwriterSee 1 salaries from all locations

$117,417

 / yr

$150,511

 / yr

$159,985

 / yr

$120,692

 / yr

$105,827

 / yr

$125,977

 / yr

$82

 / hr

$116,996

 / yr

$113,483

 / yr

$132,668

 / yr

$125,890

 / yr

$95,375

 / yr

$126,221

 / yr
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Viewing 1 - 20 of 60

Glassdoor Economist Pay Overview

What is the pay outlook for Finance & Accounting?

Jobs in finance and accounting are expected to see continued demand, with employment growth linked to the health of the broader economy. These jobs will continue to offer above average pay but usually require higher education or certification to enter the field. While automation will replace many common tasks, it is not expected to reduce the need for these employees; it will instead allow them to focus on core soft skills like advising clients and analyzing trends.

Recent Salaries Shared

For mortgage loan underwriter

Salary Share
Anonymously share your pay to help the community

Job Title

Location

Total Pay

Base Pay | Additional Pay

Total Years of Experience

Years at Recent Employer

Submitted

Date of Time

Underwriter

United States of America

 | 4-6 years

$50,000

/yr

SubmittedYesterday

4-6 years
Yesterday
Underwriter

United States of America

 | 15+ years

$85,000

/yr

SubmittedYesterday

15+ years
Yesterday
Underwriter

United States of America

 | 4-6 years

$125,000

/yr

SubmittedYesterday

4-6 years
Yesterday
Underwriter

United States of America

 | 1-3 years

$41,000

/yr

SubmittedYesterday

1-3 years
Yesterday
Health and Group Benefits Underwriter

United States of America

 | 1-3 years

$50,000

/yr

SubmittedYesterday

1-3 years
Yesterday
Underwriter

United States of America

 | 4-6 years

$65,000

/yr

SubmittedYesterday

4-6 years
Yesterday
Commercial Underwriter

United States of America

 | 7-9 years

$120,000

/yr

$110K | $10K

SubmittedYesterday

7-9 years
Yesterday
Underwriter

United States of America

 | 15+ years

$85,000

/yr

SubmittedYesterday

15+ years
Yesterday
Underwriter

United States of America

 | 4-6 years

$91,000

/yr

$82K | $9K

SubmittedYesterday

4-6 years
Yesterday

Mortgage Loan Underwriter pay FAQ

The national average salary for a Mortgage Loan Underwriter is $95,136 per year in United States. Filter by location to see a Mortgage Loan Underwriter salaries in your area. Salaries estimates are based on 48 salaries submitted anonymously to Glassdoor by a Mortgage Loan Underwriter employees.

The highest salary for a Mortgage Loan Underwriter in United States is $156,067 per year.

The lowest salary for a Mortgage Loan Underwriter in United States is $57,994 per year.

If you are thinking of becoming a Mortgage Loan Underwriter or planning the next step in your career, find details about the role, the career path and salary trajectory of a Mortgage Loan Underwriter.