Mortgage Underwriter in Baltimore, MD

Mortgage Underwriter Job Description

Candidates for mortgage underwriter positions should possess strong communication, analytical, organizational and problem-solving abilities. Lending institutions generally seek mortgage underwriters who have at least two years of experience. Most require a bachelor’s degree.

Typical mortgage underwriter duties:

Evaluating creditworthiness of customersAssessing whether information on loan documents meets financial institution and/or government standardsApproving or declining loans within the institution’s credit policy guidelinesInteracting with mortgage lenders to develop alternatives or exceptions on marginal loans

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Salary for Mortgage Underwriter in Baltimore, MD
63440 - 102440
25th percentile
63440
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
78260
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
102440
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Director of Operations – Financial Services 134160 164580 193180 Manager of Operations – Financial Services 91520 113620 135200 Client Service Representative 58240 84760 108160 Banking Operations Specialist 42380 63440 89440 Loan Processor 40040 47840 60320 Loan Administrator 34580 40040 48360 Mortgage Processor 33540 42120 56940 Trader/Sales Assistant 54600 67080 78260 Performance Analyst 60320 74100 90740
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