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Investment underwriter vs mortgage underwriter

The differences between investment underwriters and mortgage underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an investment underwriter has an average salary of $86,628, which is higher than the $55,721 average annual salary of a mortgage underwriter.

The top three skills for an investment underwriter include mortgage loans, and . The most important skills for a mortgage underwriter are customer service, work ethic, and FHA.

Investment underwriter vs mortgage underwriter overview

Investment UnderwriterMortgage Underwriter
Yearly salary$86,628$55,721
Hourly rate$41.65$26.79
Growth rate-4%4%
Number of jobs9,6809,260
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 65%
Average age4345
Years of experience-6

Investment underwriter vs mortgage underwriter salary

Investment underwriters and mortgage underwriters have different pay scales, as shown below.

Investment UnderwriterMortgage Underwriter
Average salary$86,628$55,721
Salary rangeBetween $62,000 And $120,000Between $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

Differences between investment underwriter and mortgage underwriter education

There are a few differences between an investment underwriter and a mortgage underwriter in terms of educational background:

Investment UnderwriterMortgage Underwriter
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Investment underwriter vs mortgage underwriter demographics

Here are the differences between investment underwriters' and mortgage underwriters' demographics:

Investment UnderwriterMortgage Underwriter
Average age4345
Gender ratioMale, 67.9% Female, 32.1%Male, 39.3% Female, 60.7%
Race ratioBlack or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%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 Percentage4%8%

Differences between investment underwriter and mortgage underwriter duties and responsibilities

Investment underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Participate and conduct calls with investors and FNMA and FHLMC for the purposes of training and product rollout.
  • Review individual mortgage origination/post origination documentation and perform database research.
  • Attend training regarding AUS procedures and usage.
  • Review individual mortgage origination/post origination documentation and perform database research.

Mortgage underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Involve with USDA and NH housing loans.
  • Obtain NMLS license in 2011 and real estate license in 2005.
  • Prepare and respond to compliance HMDA, NMLS, and ECOA relate inquiries.
  • Audit and analyze TIL, GFE and HUD documentation for accuracy to insure compliance.
  • Review MHA and FHA guidelines and calculate proper income to approve or decline loans for a temporary or permanent modification.
  • Show more

Investment underwriter vs mortgage underwriter skills

Common investment underwriter skills
  • Mortgage Loans, 100%
Common mortgage underwriter skills
  • Customer Service, 7%
  • Work Ethic, 6%
  • FHA, 5%
  • Va, 5%
  • Excellent Organizational, 4%
  • Excellent Interpersonal, 4%

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