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Mortgage Underwriter in Seattle, WA

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 Seattle, WA
78690 - 127065
25th percentile
78690
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
97073
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
127065
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 166410 204143 239618 Manager of Operations – Financial Services 113520 140933 167700 Client Service Representative 72240 105135 134160 Banking Operations Specialist 52568 78690 110940 Loan Processor 49665 59340 74820 Loan Administrator 42893 49665 59985 Mortgage Processor 41603 52245 70628 Trader/Sales Assistant 67725 83205 97073 Performance Analyst 74820 91913 112553

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