Mortgage Underwriter III Salaries in Toronto, ON
Alternate Job Titles: Senior Mortgage Underwriter
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How much does a Mortgage Underwriter III in Toronto, ON make? The median annual Mortgage Underwriter III salary in Toronto, ON is C$93,449, as of March 25, 2025, with a range usually between C$84,030-C$102,607 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Mortgage Underwriter III may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Mortgage Underwriter III in Toronto, ON.
This chart describes the expected percentage of people who perform the job of Mortgage Underwriter III in Toronto, Ontario that make less than that annual salary. For example the median expected annual pay for a typical Mortgage Underwriter III in Toronto, ON is C$93,449, so 50% of the people who perform the job of Mortgage Underwriter III in Toronto, ON are expected to make less than C$93,449.
Source: HR Reported data as of March 25, 2025
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This chart describes the expected percentage of people who perform the job of Mortgage Underwriter III in Toronto, ON that make less than that salary. For example 50% of the people who perform the job of Mortgage Underwriter III in Toronto, ON are expected to make less than the median.
Source: HR Reported data as of March 25, 2025
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Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process and assists with property inspections. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience. View full job description
View Banking Jobs by Salary Range: <$30K, $30K–$50K, $50K–$80K, $80K–$100K, >$100K
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- Mortgage Underwriter III Salaries with a High School Diploma or Technical Certificate
- Mortgage Underwriter III Salaries with an Associate's Degree
- Mortgage Underwriter III Salaries with a Bachelor's Degree
- Mortgage Underwriter III Salaries with a Master's Degree or MBA
- Mortgage Underwriter III Salaries with a JD, MD, PhD or Equivalent
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- Fredericton, NB Mortgage Underwriter III
- Moncton, NB Mortgage Underwriter III
- Halifax, NS Mortgage Underwriter III
- Oshawa, ON Mortgage Underwriter III
- Ottawa, ON Mortgage Underwriter III
- Charlottetown, PE Mortgage Underwriter III
- Montreal, QC Mortgage Underwriter III
- Quebec, QC Mortgage Underwriter III
- Sherbrooke, QC Mortgage Underwriter III