Loan Underwriter Mortgage Salary in Minneapolis, Minnesota

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Loan Underwriter Mortgage in Minneapolis, Minnesota

The average salary of a(n) Loan Underwriter Mortgage in Minneapolis, Minnesota is $73,687.

The average hourly rate of a(n) Loan Underwriter Mortgage in Minneapolis, Minnesota is $35.43.

The average bonus of a(n) Loan Underwriter Mortgage in Minneapolis, Minnesota is $2,778.00.

Job Description:

Gives approval or denial for mortgage loans, following mortgage standards. Checks and examines information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards. Assesses acceptability of loan to corporations that buy real estate loans on secondary mortgage markets, where existing mortgages are bought and sold by investors. Accepts or rejects loan application, or requests additional information. Records loan rejection specifying investor and institution guidelines and basis for declining application, such as insufficient cash reserves. Assembles documents in loan file, including acceptance or denial, and returns file to originating mortgage loan office. May be authorized by Federal agency to certify that mortgage loan applicant and property qualify for mortgage insurance endorsement from federal government. Less

Gives approval or denial for mortgage loans, following mortgage standards. Checks and examines information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards. Assesses acceptability of loan to corporations that buy real... More

How helpful is this page?

Are you a(n) Loan Underwriter Mortgage?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Minneapolis, Minnesota

View Salaries for Loan Underwriter Mortgage in Other Cities

Job Openings by Indeed job search

Results for Loan Underwriter Mortgage in Minneapolis, Minnesota

Processor - Plymouth, MN

Waterstone Mortgage Corporation

Loan origination is defined as (1) taking a residential mortgage loan application; Please see the Loan Originator Compensation Policy for more details on the...

View job on Indeed.com

Wealth Management Mortgage Underwriter 3 - Richfield, MN - Richfield, MN

U.S. Bank

Wealth Management Mortgage Underwriter 3 - Richfield, MN. Five or more years of mortgage underwriting experience, including FHA, VA and HUD loans....

View job on Indeed.com

Collateral Underwriter 2 Insurance Review Team - Minneapolis, MN

Wells Fargo

Inside Mortgage Finance ). Our Mortgage team supports the nation's leading originator and servicer of residential mortgages....

View job on Indeed.com

Loan Processor - Minneapolis, MN

Dougherty Mortgage LLC

Dougherty Mortgage seeks a Loan Processor to join our team in the Minneapolis office. The Loan Processor will be responsible for working with internal and...

View job on Indeed.com

DE/SAR Underwriter - Edina, MN

BBMC Mortgage

3+ years experience in mortgage loan underwriting (must be current). Experience Underwriting VA loans. BBMC Mortgage Underwriters fully understand and are...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x