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The differences between administrative underwriters and mortgage underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an administrative underwriter has an average salary of $76,551, which is higher than the $55,721 average annual salary of a mortgage underwriter.
The top three skills for an administrative underwriter include loan applications, financial statements and underwriting process. The most important skills for a mortgage underwriter are customer service, work ethic, and FHA.
| Administrative Underwriter | Mortgage Underwriter | |
| Yearly salary | $76,551 | $55,721 |
| Hourly rate | $36.80 | $26.79 |
| Growth rate | -4% | 4% |
| Number of jobs | 39,572 | 9,260 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 65% |
| Average age | 44 | 45 |
| Years of experience | - | 6 |
Administrative underwriters and mortgage underwriters have different pay scales, as shown below.
| Administrative Underwriter | Mortgage Underwriter | |
| Average salary | $76,551 | $55,721 |
| Salary range | Between $51,000 And $113,000 | Between $38,000 And $80,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New Mexico |
| Best paying company | - | CTBC Bank |
| Best paying industry | - | Professional |
There are a few differences between an administrative underwriter and a mortgage underwriter in terms of educational background:
| Administrative Underwriter | Mortgage Underwriter | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between administrative underwriters' and mortgage underwriters' demographics:
| Administrative Underwriter | Mortgage Underwriter | |
| Average age | 44 | 45 |
| Gender ratio | Male, 23.7% Female, 76.3% | Male, 39.3% Female, 60.7% |
| Race ratio | Black or African American, 10.8% Unknown, 2.4% Hispanic or Latino, 8.8% Asian, 5.4% White, 72.2% American Indian and Alaska Native, 0.4% | Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 9% | 8% |