Mortgage underwriter salary in United States

The average salary for a Mortgage Underwriter is $79,688 per year in the United States. This figure is based on 323 salaries taken from job postings on Indeed in the past 36 months, last updated on July 22, 2026.

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Mortgage Underwriter salaries typically range between a low of $54,103 and a high of $117,373 per year, depending on experience, location, and the hiring company.

Some of the highest-paying cities for Mortgage Underwriter include Charlotte, NC at $132,491 per year, Los Angeles, CA at $86,477 per year, and Chicago, IL at $80,847 per year.

Based on recent job postings on Indeed, some of the top-paying companies for Mortgage Underwriter include City National Bank ($182,320 per year) and City National Bank ($182,320 per year).

Compensation can vary based on the specific niche and level of responsibility within the field. Here is how the average Mortgage Underwriter salary compares to related positions:

• Junior Mortgage Underwriter: Average $64,705 per year
• Senior Mortgage Underwriter: Average $92,059 per year