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
77078 - 124485
25th percentile
77078
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
95138
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
124485
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Director of Operations – Financial Services 162540 199305 234135 Manager of Operations – Financial Services 113520 140933 167700 Banking Operations Specialist, 5+ Years' Experience 78045 95138 110940 Banking Operations Specialist, 3-5 Years' Experience 62888 76433 90945 Banking Operations Specialist, 1-3 Years' Experience 51923 64823 75465 Loan Processor 48053 57405 72563 Loan Administrator 41925 48375 58373 Mortgage Processor 40958 51278 69338

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