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Mortgage Underwriter in Miami, FL

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 Miami, FL
67375 - 110825
Low
67375
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
83875
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
110825
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Director of Operations – Financial Services 144375 177925 209550 Operations Manager - Financial Services 98175 122375 145475 Client Service Representative 61875 89925 114675 Mortgage Processor 36300 45650 61875 Loan Processor 44000 51975 65175 Loan Administrator 37400 43450 53900 Performance Analyst 65450 80300 99275 Trader/Sales Assistant 58025 71500 84975

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.