Global Salary Insights for Mortgage Underwriter Professionals

Dreaming of international or remote work as a Mortgage Underwriter? Let's explore the global salary landscape to help you plan your next career move.

  • Salary Variability: The salary for a Mortgage Underwriter can vary significantly based on country, industry, and individual employee experience.
  • Key Insights: This section provides key insights into global salary expectations for Mortgage Underwriters.
  • Country-Specific Adjustments: Salary data includes adjustments based on local economic factors, offering a realistic view of earning potential in different regions.

Top 10 Countries with the Highest Salaries for a Mortgage Underwriter


Key Figures:
  • Highest Paying Country Globally: Switzerland ($107,848.00 annually)
  • Lowest Paying Country Globally (within top 10): Jersey ($57,800.00 annually)
  • Base Salary Used for Calculations: $68,000.00 (USD)

The table below showcases the top 10 countries offering the highest salaries for Mortgage Underwriter professionals.

Country Monthly Salary Annual Salary
Switzerland$8,987.33$107,848.00
Iceland$7,654.53$91,854.40
Luxembourg$7,368.93$88,427.20
Bermuda$6,800.00$81,600.00
United States$5,666.67$68,000.00
Vatican City$5,666.67$68,000.00
Singapore$5,644.00$67,728.00
Cayman Islands$5,100.00$61,200.00
Hong Kong$4,948.70$59,384.40
Jersey$4,816.67$57,800.00

Each country's salary is calculated based on the base salary of a Mortgage Underwriter in the United States, adjusted by a salary factor that reflects local economic conditions and purchasing power in each country. This allows for a direct comparison of how much a Mortgage Underwriter can expect to earn in different parts of the world.

The highest salaries for Mortgage Underwriter professionals are found in Switzerland

According to the data, the top 3 countries where Mortgage Underwriter professionals can earn the highest salaries are Switzerland, Iceland, and Luxembourg. These countries offer annual salaries of $107,848.00, $91,854.40, and $88,427.20, respectively, making them the most lucrative locations for Mortgage Underwriter roles.

Conversely, the country offering the lowest salary in the top 10 for Mortgage Underwriter professionals is Jersey, with an annual salary of $57,800.00.

These variations reflect not only the demand for Mortgage Underwriter professionals in each country, but also local salary standards and living costs, giving a comprehensive view of where a Mortgage Underwriter might earn the most and where they might earn the least.

Africa Mortgage Underwriter Salary Data

In Africa, a total of 54 countries offer employment opportunities for a Mortgage Underwriter. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Equatorial Guinea, Gabon, South Africa. Below is a detailed comparison of monthly and annual salaries for Mortgage Underwriters across different countries in Africa.


Country Monthly Salary Annual Salary
Equatorial Guinea$2,259.30$27,111.60
Gabon$1,883.03$22,596.40
South Africa$1,791.80$21,501.60
Namibia$1,506.20$18,074.40
Botswana$1,255.17$15,062.00
Angola$1,004.13$12,049.60
Zambia$941.23$11,294.80
Seychelles$878.33$10,540.00
Ghana$816.00$9,792.00
Comoros$816.00$9,792.00
Sao Tome and Principe$816.00$9,792.00
Mauritius$781.43$9,377.20
Malawi$778.60$9,343.20
Congo$715.13$8,581.60
Cabo Verde$696.43$8,357.20
Rwanda$690.20$8,282.40
Lesotho$627.87$7,534.40
Uganda$614.83$7,378.00
Burkina Faso$602.37$7,228.40
Tanzania$577.43$6,929.20
Ivory Coast$564.97$6,779.60
Senegal$564.97$6,779.60
Djibouti$564.97$6,779.60
Morocco$523.03$6,276.40
Central African Republic$514.53$6,174.40
Cameroon$502.07$6,024.80
Kenya$472.60$5,671.20
Mozambique$464.67$5,576.00
Nigeria$414.23$4,970.80
Zimbabwe$414.23$4,970.80
Libya$405.17$4,862.00
Mali$401.77$4,821.20
Burundi$401.77$4,821.20
Tunisia$391.00$4,692.00
Madagascar$376.27$4,515.20
Guinea$376.27$4,515.20
Togo$376.27$4,515.20
Eritrea$376.27$4,515.20
Eswatini$376.27$4,515.20
Chad$363.80$4,365.60
Somalia$351.33$4,216.00
Sudan$345.10$4,141.20
Liberia$326.40$3,916.80
Ethiopia$313.93$3,767.20
South Sudan$313.93$3,767.20
Algeria$289.00$3,468.00
Benin$251.03$3,012.40
Mauritania$251.03$3,012.40
DR Congo$226.10$2,713.20
Sierra Leone$188.13$2,257.60
Gambia$188.13$2,257.60
Guinea-Bissau$188.13$2,257.60
Egypt$183.60$2,203.20
Niger$150.73$1,808.80

Analysis of Mortgage Underwriter Salaries in Africa

The salary data reveals that the top-paying countries for a Mortgage Underwriters in Africa are Equatorial Guinea, Gabon, South Africa, with the highest salary reaching $27,111.60 annually in the leading country. The second and third top-paying countries offer $22,596.40 and $21,501.60, respectively. On the other end of the spectrum, Niger has the lowest salary for a Mortgage Underwriter, offering around $1,808.80 annually.

Professionals looking to work as a Mortgage Underwriter in Africa should consider these salary differences, as they reflect not only economic conditions but also demand for this profession in various countries. The data can help in making informed career decisions, whether considering relocation or working remotely in countries where the salary for a Mortgage Underwriter is most competitive.


Asia Mortgage Underwriter Salary Data

In Asia, a total of 36 countries offer employment opportunities for a Mortgage Underwriter. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Singapore, Hong Kong, Israel. Below is a detailed comparison of monthly and annual salaries for Mortgage Underwriters across different countries in Asia.


Country Monthly Salary Annual Salary
Singapore$5,644.00$67,728.00
Hong Kong$4,948.70$59,384.40
Israel$3,336.53$40,038.40
South Korea$3,235.10$38,821.20
Japan$2,880.37$34,564.40
Maldives$2,761.37$33,136.40
China$1,212.67$14,552.00
Malaysia$1,212.10$14,545.20
Jordan$810.90$9,730.80
India$792.77$9,513.20
Turkmenistan$753.10$9,037.20
Mongolia$753.10$9,037.20
Armenia$750.27$9,003.20
Thailand$746.87$8,962.40
Kazakhstan$731.00$8,772.00
Russia$705.50$8,466.00
Iraq$649.40$7,792.80
Vietnam$584.80$7,017.60
Azerbaijan$550.23$6,602.80
Uzbekistan$549.67$6,596.00
Timor-Leste$502.07$6,024.80
Bhutan$502.07$6,024.80
Philippines$481.67$5,780.00
Indonesia$409.70$4,916.40
Palau$405.17$4,862.00
Tajikistan$376.27$4,515.20
Kyrgyzstan$376.27$4,515.20
Iran$333.20$3,998.40
Laos$313.93$3,767.20
Bangladesh$301.47$3,617.60
Nepal$270.30$3,243.60
Sri Lanka$249.90$2,998.80
Cambodia$244.80$2,937.60
Pakistan$226.10$2,713.20
Myanmar$188.13$2,257.60
Palau$125.23$1,502.80

Analysis of Mortgage Underwriter Salaries in Asia

The salary data reveals that the top-paying countries for a Mortgage Underwriters in Asia are Singapore, Hong Kong, Israel, with the highest salary reaching $67,728.00 annually in the leading country. The second and third top-paying countries offer $59,384.40 and $40,038.40, respectively. On the other end of the spectrum, Palau has the lowest salary for a Mortgage Underwriter, offering around $1,502.80 annually.

Professionals looking to work as a Mortgage Underwriter in Asia should consider these salary differences, as they reflect not only economic conditions but also demand for this profession in various countries. The data can help in making informed career decisions, whether considering relocation or working remotely in countries where the salary for a Mortgage Underwriter is most competitive.


Europe Mortgage Underwriter Salary Data

In Europe, a total of 46 countries offer employment opportunities for a Mortgage Underwriter. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Switzerland, Iceland, Luxembourg. Below is a detailed comparison of monthly and annual salaries for Mortgage Underwriters across different countries in Europe.


Country Monthly Salary Annual Salary
Switzerland$8,987.33$107,848.00
Iceland$7,654.53$91,854.40
Luxembourg$7,368.93$88,427.20
Vatican City$5,666.67$68,000.00
Jersey$4,816.67$57,800.00
Denmark$4,756.60$57,079.20
Guernsey$4,533.33$54,400.00
Netherlands$4,529.93$54,359.20
Norway$4,264.17$51,170.00
Ireland$4,063.57$48,762.80
United Kingdom$3,998.40$47,980.80
Germany$3,975.73$47,708.80
Belgium$3,855.03$46,260.40
Monaco$3,765.50$45,186.00
Sweden$3,726.97$44,723.60
Finland$3,619.30$43,431.60
Liechtenstein$3,513.33$42,160.00
Austria$3,318.97$39,827.60
France$3,256.07$39,072.80
San Marino$3,137.63$37,651.60
Spain$2,412.87$28,954.40
Cyprus$2,284.80$27,417.60
Italy$2,247.97$26,975.60
Slovenia$2,093.27$25,119.20
Estonia$2,041.13$24,493.60
Poland$1,950.47$23,405.60
Croatia$1,765.73$21,188.80
Lithuania$1,756.10$21,073.20
Slovakia$1,584.40$19,012.80
Latvia$1,531.70$18,380.40
Malta$1,506.20$18,074.40
Portugal$1,440.47$17,285.60
Hungary$1,309.00$15,708.00
Greece$1,307.87$15,694.40
Bulgaria$1,286.33$15,436.00
Andorra$1,255.17$15,062.00
Montenegro$1,191.70$14,300.40
Romania$1,178.67$14,144.00
Serbia$992.23$11,906.80
Bosnia and Herzegovina$913.47$10,961.60
Albania$804.67$9,656.00
North Macedonia$780.87$9,370.40
Moldova$746.30$8,955.60
Belarus$651.10$7,813.20
Georgia$613.70$7,364.40
Ukraine$494.70$5,936.40

Analysis of Mortgage Underwriter Salaries in Europe

The salary data reveals that the top-paying countries for a Mortgage Underwriters in Europe are Switzerland, Iceland, Luxembourg, with the highest salary reaching $107,848.00 annually in the leading country. The second and third top-paying countries offer $91,854.40 and $88,427.20, respectively. On the other end of the spectrum, Ukraine has the lowest salary for a Mortgage Underwriter, offering around $5,936.40 annually.

Professionals looking to work as a Mortgage Underwriter in Europe should consider these salary differences, as they reflect not only economic conditions but also demand for this profession in various countries. The data can help in making informed career decisions, whether considering relocation or working remotely in countries where the salary for a Mortgage Underwriter is most competitive.


North America Mortgage Underwriter Salary Data

In North America, a total of 27 countries offer employment opportunities for a Mortgage Underwriter. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Bermuda, United States, Cayman Islands. Below is a detailed comparison of monthly and annual salaries for Mortgage Underwriters across different countries in North America.


Country Monthly Salary Annual Salary
Bermuda$6,800.00$81,600.00
United States$5,666.67$68,000.00
Cayman Islands$5,100.00$61,200.00
Turks and Caicos Islands$4,250.00$51,000.00
Canada$3,661.23$43,934.80
Puerto Rico$2,259.30$27,111.60
Antigua and Barbuda$1,883.03$22,596.40
Bahamas$1,756.10$21,073.20
Barbados$1,506.20$18,074.40
Dominica$1,191.70$14,300.40
Costa Rica$1,186.03$14,232.40
Belize$1,129.37$13,552.40
Saint Kitts and Nevis$1,129.37$13,552.40
Trinidad and Tobago$1,067.03$12,804.40
Panama$1,007.53$12,090.40
Cuba$1,004.13$12,049.60
Guyana$878.33$10,540.00
Saint Lucia$878.33$10,540.00
Mexico$872.10$10,465.20
Jamaica$816.00$9,792.00
Grenada$816.00$9,792.00
Honduras$753.10$9,037.20
Nicaragua$690.20$8,282.40
Saint Vincent and the Grenadines$627.87$7,534.40
Haiti$502.07$6,024.80
El Salvador$502.07$6,024.80
Guatemala$462.97$5,555.60

Analysis of Mortgage Underwriter Salaries in North America

The salary data reveals that the top-paying countries for a Mortgage Underwriters in North America are Bermuda, United States, Cayman Islands, with the highest salary reaching $81,600.00 annually in the leading country. The second and third top-paying countries offer $68,000.00 and $61,200.00, respectively. On the other end of the spectrum, Guatemala has the lowest salary for a Mortgage Underwriter, offering around $5,555.60 annually.

Professionals looking to work as a Mortgage Underwriter in North America should consider these salary differences, as they reflect not only economic conditions but also demand for this profession in various countries. The data can help in making informed career decisions, whether considering relocation or working remotely in countries where the salary for a Mortgage Underwriter is most competitive.


South America Mortgage Underwriter Salary Data

In South America, a total of 11 countries offer employment opportunities for a Mortgage Underwriter. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Uruguay, Paraguay, Chile. Below is a detailed comparison of monthly and annual salaries for Mortgage Underwriters across different countries in South America.


Country Monthly Salary Annual Salary
Uruguay$1,369.63$16,435.60
Paraguay$895.33$10,744.00
Chile$881.73$10,580.80
Suriname$736.10$8,833.20
Ecuador$630.13$7,561.60
Argentina$576.87$6,922.40
Brazil$527.00$6,324.00
Peru$517.93$6,215.20
Bolivia$504.90$6,058.80
Colombia$462.97$5,555.60
Venezuela$233.47$2,801.60

Analysis of Mortgage Underwriter Salaries in South America

The salary data reveals that the top-paying countries for a Mortgage Underwriters in South America are Uruguay, Paraguay, Chile, with the highest salary reaching $16,435.60 annually in the leading country. The second and third top-paying countries offer $10,744.00 and $10,580.80, respectively. On the other end of the spectrum, Venezuela has the lowest salary for a Mortgage Underwriter, offering around $2,801.60 annually.

Professionals looking to work as a Mortgage Underwriter in South America should consider these salary differences, as they reflect not only economic conditions but also demand for this profession in various countries. The data can help in making informed career decisions, whether considering relocation or working remotely in countries where the salary for a Mortgage Underwriter is most competitive.


Oceania Mortgage Underwriter Salary Data

In Oceania, a total of 13 countries offer employment opportunities for a Mortgage Underwriter. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Australia, New Zealand, Brunei. Below is a detailed comparison of monthly and annual salaries for Mortgage Underwriters across different countries in Oceania.


Country Monthly Salary Annual Salary
Australia$4,732.23$56,786.80
New Zealand$3,899.23$46,790.80
Brunei$3,765.50$45,186.00
Fiji$878.33$10,540.00
Tonga$878.33$10,540.00
Papua New Guinea$753.10$9,037.20
Solomon Islands$627.87$7,534.40
Vanuatu$564.97$6,779.60
Samoa$502.07$6,024.80
Kiribati$439.17$5,270.00
Marshall Islands$376.27$4,515.20
Tuvalu$376.27$4,515.20
Nauru$188.13$2,257.60

Analysis of Mortgage Underwriter Salaries in Oceania

The salary data reveals that the top-paying countries for a Mortgage Underwriters in Oceania are Australia, New Zealand, Brunei, with the highest salary reaching $56,786.80 annually in the leading country. The second and third top-paying countries offer $46,790.80 and $45,186.00, respectively. On the other end of the spectrum, Nauru has the lowest salary for a Mortgage Underwriter, offering around $2,257.60 annually.

Professionals looking to work as a Mortgage Underwriter in Oceania should consider these salary differences, as they reflect not only economic conditions but also demand for this profession in various countries. The data can help in making informed career decisions, whether considering relocation or working remotely in countries where the salary for a Mortgage Underwriter is most competitive.


Methodology: How We Calculate Global Mortgage Underwriter Salaries

Our salary rankings for Mortgage Underwriter professionals are derived from a transparent, data-driven methodology. We anchor our calculations to the base salary of Mortgage Underwriters in the United States, then apply country-specific adjustment factors to account for:

  • Local economic conditions (cost of labor, industry demand)
  • Purchasing power parity (PPP) to reflect real-world value
  • Taxation and social security norms where applicable

This approach ensures apples-to-apples comparisons of earning potential across borders.

Trusted Data Sources: Numbeo (Average Monthly Net Salaries), World Bank (Adjusted Net National Income). Last updated: October 2025.

To explore more about Mortgage Underwriters, check out the following resources. These links will guide you to job descriptions, available opportunities.

CityJobs helps Mortgage Underwriters connect with employers, offering a streamlined way to explore local career growth opportunities and job openings.


Salary Facts Mortgage Underwriter

1. Global Salary Snapshot

  • Base Salary (US): $68,000.00/year
  • Highest Paying: Switzerland ($107,848.00)
  • Lowest Paying: Palau ($1,502.80)
  • Global Average: $17,978.86

2. Top 3 Countries

  1. Switzerland: $8,987.33/month
  2. Iceland: $7,654.53/month
  3. Luxembourg: $7,368.93/month

Salaries are 500% above global average in Switzerland.

3. Key Salary Factors

  • Economic Development: GDP per capita impact
  • Industry Demand: Local market needs
  • Cost of Living: Regional adjustments
  • Tax Policies: Take-home pay differences

4. Regional Highlights

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