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Mortgage Underwriter in Indianapolis, IN

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 Indianapolis, IN
59170 - 95545
25th percentile
59170
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
72993
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
95545
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 125130 153503 180178 Manager of Operations – Financial Services 85360 105973 126100 Client Service Representative 54320 79055 100880 Banking Operations Specialist 39528 59170 83420 Loan Processor 37345 44620 56260 Loan Administrator 32253 37345 45105 Mortgage Processor 31283 39285 53108 Trader/Sales Assistant 50925 62565 72993 Performance Analyst 56260 69113 84633

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