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Mortgage Underwriter in San Jose, CA

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 San Jose, CA
80520 - 130020
25th percentile
80520
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
99330
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
130020
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Director of Operations – Financial Services 170280 208890 245190 Manager of Operations – Financial Services 116160 144210 171600 Client Service Representative 73920 107580 137280 Banking Operations Specialist 53790 80520 113520 Loan Processor 50820 60720 76560 Loan Administrator 43890 50820 61380 Mortgage Processor 42570 53460 72270 Trader/Sales Assistant 69300 85140 99330 Performance Analyst 76560 94050 115170 Explore More Salaries

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