Mortgage Underwriter in Richmond, VA

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 customers

Assessing whether information on loan documents meets financial institution and/or government standards

Approving or declining loans within the institution’s credit policy guidelines

Interacting with mortgage lenders to develop alternatives or exceptions on marginal loans

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Salary for Mortgage Underwriter in Richmond, VA

60390 - 97515

25th percentile

60390

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

74498

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

97515

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

127710

156668

183893