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Mortgage Underwriter salary in Charlotte,NC
How much can you earn as a Mortgage Underwriter in Charlotte,NC?Mortgage Underwriter in Charlotte, NC earn an average of $64.13 per hour, approximately $11,111 per month or $133,333 per year. Salary for Mortgage Underwriter typically range from $126K to $175K annually, depending on skills, experience, and employer.
Average Salary Overview – Mortgage Underwriter Charlotte, NC
As a Mortgage Underwriter in Charlotte, NC, you play a crucial role in determining the creditworthiness of mortgage applications. This role requires a deep understanding of financial documents, credit histories, and the mortgage lending process. With such significant responsibilities, the compensation for this role reflects its importance. Let's dive into an overview of the average salary and total compensation for a Mortgage Underwriter in Charlotte, NC.
| Percentile | Average Salary | Total Compensation |
|---|---|---|
| 25th Percentile | $60,000 | $65,000 |
| 50th Percentile (Median) | $75,000 | $81,000 |
| 75th Percentile | $90,000 | $97,000 |
Mortgage Underwriter Salary by Experience Level
Experience plays a pivotal role in the compensation of a Mortgage Underwriter. As you gain more experience in this role, you can expect your average salary and total compensation to increase accordingly. Here's a glance at the estimated total compensation with respect to different levels of experience.
| Experience Level | Estimated Total Compensation |
|---|---|
| 0-2 years | $65,000 |
| 3-5 years | $80,000 |
| 6-10 years | $95,000 |
| 10+ years | $110,000 |
Related Roles & Salaries
Several roles are closely related to Mortgage Underwriter in the financial industry. Here are a few of them and their typical salary ranges in Charlotte, NC.
| Related Roles | Typical Salary Range |
|---|---|
| Mortgage Loan Officer | $60,000 - $80,000 |
| Credit Analyst | $55,000 - $75,000 |
| Mortgage Processor | $40,000 - $60,000 |
| Mortgage Loan Closer | $45,000 - $65,000 |
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