The staffing firm Robert Half reports that mortgage underwriters earned salaries that ranged from $61,000 to $98,500 in 2024.
According to PayScale.com, mortgage loan underwriters earned median annual salaries of $74,106 in 2025. Ten percent earned less than $50,000, and 10 percent earned $97,000 or more.
Some loan underwriters receive commissions, but pay structure varies by employer. For example, an underwriter may receive a base salary, plus a commission on every completed loan, or they may receive a base salary, plus a bonus for processing a certain number of loans per month. In 2025, mortgage loan underwriters received commissions that ranged from $6,000 to $20,000, according to PayScale.com. They received bonuses of up to $12,000.
Full-time loan underwriters receive fringe benefits such as medical, dental, and life insurance and paid holidays, vacations, and sick days.
- Accountants
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- Bank Examiners
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