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
Looking for a mortgage underwriter or a mortgage underwriter job in Hoffman Estates?
Salary for Mortgage Underwriter in Hoffman Estates, IL
70150 -
113275
25th percentile
70150
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
86538
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
113275
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
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