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Entry Mortgage Underwriter Salary in Montgomery, Illinois

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Entry Mortgage Underwriter Salary in Montgomery, IL

What is the highest and lowest pay for Entry Mortgage Underwriter?

As of November 01, 2024, the average annual pay of Entry Mortgage Underwriter in Montgomery, IL is $63,400. While Salary.com is seeing that the highest pay for Entry Mortgage Underwriter in Montgomery, IL can go up to $84,415 and the lowest down to $47,352, but most earn between $55,000 and $74,400. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Entry Mortgage Underwriter in the United States.

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Entry Mortgage Underwriter Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $74,400 $6,200 $1,431 $36
Average $63,400 $5,283 $1,219 $30
25th Percentile $55,000 $4,583 $1,058 $26
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Average Salary

25% $55,000 10% $47,352 90% $84,415 75% $74,400 $63,400 50%(Median) Didn’t find job title? Click
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What is the highest and lowest pay for Entry Mortgage Underwriter?

As of November 01, 2024, the average annual pay of Entry Mortgage Underwriter in Montgomery, IL is $63,400. While Salary.com is seeing that the highest pay for Entry Mortgage Underwriter in Montgomery, IL can go up to $84,415 and the lowest down to $47,352, but most earn between $55,000 and $74,400. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Entry Mortgage Underwriter in the United States.

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View Entry Mortgage Underwriter Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Entry Mortgage Underwriter salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Entry Mortgage Underwriter hourly pay, weekly pay, monthly pay and so on.

Last Updated on November 01, 2024
$55,000
Average
$63,400/year
$74,400
$4,583
Average
$5,283/month
$6,200
$1,058
Average
$1,219/week
$1,431
$26
Average
$30/hour
$36
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $74,400 $6,200 $1,431 $36
Average $63,400 $5,283 $1,219 $30
25th Percentile $55,000 $4,583 $1,058 $26
Last Updated on November 01, 2024

View Entry Mortgage Underwriter Salary by Experience Levels

An entry-level Entry Mortgage Underwriter with under 1 year experience makes about $62,583. With less than 2 years of experience, a mid-level Entry Mortgage Underwriter makes around $63,536. After 2-4 years, the Entry Mortgage Underwriter pay rises to about $66,011. Those senior Entry Mortgage Underwriter with 5-8 years of experience earn roughly $66,506, and those Entry Mortgage Underwriter having 8 years or more experience are expected to earn about $66,836 on average.

Levels Salary
Entry Level Entry Mortgage Underwriter $62,583
Intermediate Level Entry Mortgage Underwriter $63,536
Senior Level Entry Mortgage Underwriter $66,011
Specialist Level Entry Mortgage Underwriter $66,506
Expert Level Entry Mortgage Underwriter $66,836
$62,583 0 yr
$63,536 < 2 yrs
$66,011 2-4 yrs
$66,506 5-8 yrs
$66,836 > 8 yrs
Last Updated on November 01, 2024
Entry Level 1%
Mid Level 0%
Senior Level 4%
Top Level 5%
Experienced 5%
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Last Updated on November 01, 2024

Highest Paying Cities in Illinois for Entry Mortgage Underwriter

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Salaries of Jobs Related to Entry Mortgage Underwriter

Job Openings of Entry Mortgage Underwriter

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Cost of Living In Montgomery, IL

Cost of Living in Montgomery , IL is
11.8% Higher
than the National Average
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Best-Paid Skills and Qualifications for Entry Mortgage Underwriter

What skills does an Entry Mortgage Underwriter need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.

3.

Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.

See More Skills
Analysis 4.9%
Tax Return 1.73%
Mortgage Products 0.96%
Others 92.41%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of an Entry Mortgage Underwriter higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Consulting, you can get a 32% salary raise. If you are good at Partnering, your salary will increase by 15%. If you are expert in Verbal Communication, your salary will rise by 9%.
Skill Salary Demand
Consulting
 $83,688
32%
Partnering
 $72,910
15%
Verbal Communication
 $69,106
9%
Presentation
 $67,838
7%
Insight
 $67,204
6%
Tax Return
 $67,204
6%
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Last Updated on November 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for an Entry Mortgage Underwriter is $63,400 per year in Montgomery, IL, updated at November 01, 2024.
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