As of March 01, 2025, the average annual salary for a Mortgage Underwriter II in Washington is $79,686. Salary.com reports that pay typically ranges from $69,510 to $91,518, with most professionals earning between $60,244 and $102,290.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $84,896 | $7,075 | $1,633 | $41 |
| Average | $73,921 | $6,160 | $1,422 | $36 |
| 25th Percentile | $64,480 | $5,373 | $1,240 | $31 |
An entry-level Mortgage Underwriter II with under 1 year experience makes about $75,453. With less than 2 years of experience, a mid-level Mortgage Underwriter II makes around $75,753. After 2-4 years, the Mortgage Underwriter II pay rises to about $79,627. Those senior Mortgage Underwriter II with 5-8 years of experience earn roughly $84,515, and those Mortgage Underwriter II having 8 years or more experience are expected to earn about $84,864 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Underwriter II | $75,453 |
| Intermediate Level Mortgage Underwriter II | $75,753 |
| Senior Level Mortgage Underwriter II | $79,627 |
| Specialist Level Mortgage Underwriter II | $84,515 |
| Expert Level Mortgage Underwriter II | $84,864 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 8% |
| Top Level | 14% |
| Experienced | 15% |
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Mortgage Underwriter II salary varies from city to city. Compared with national average salary of Mortgage Underwriter II, the highest Mortgage Underwriter II salary is in San Francisco, CA, where the Mortgage Underwriter II salary is 25.0% above. The lowest Mortgage Underwriter II salary is in Miami, FL, where the Mortgage Underwriter II salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $92,401 |
25.0%
|
| Washington, DC | $82,274 |
11.3%
|
| Miami, FL | $71,333 |
|
| Chicago, IL | $77,543 |
4.9%
|
| Boston, MA | $82,865 |
12.1%
|
| New York, NY | $86,339 |
16.8%
|
