FHA Underwriter salary progression?
What’s the salary progression for an FHA underwriter? From analyst, to UW, to senior UW, to chief underwriter? Is agency the same or less/more?
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Career Resources
Based on the most helpful WSO content, here's a general salary progression for underwriters, including FHA underwriters:
For FHA underwriters specifically: - In 2008, FHA underwriters earned around $55,000 base salary with a 25% bonus (though production bonuses have since been eliminated, and base salaries have been adjusted upward). - Agency underwriting (e.g., FNMA/FHLMC) may offer slightly higher or comparable compensation, but getting into these roles, especially in multifamily groups, is highly competitive.
The progression and pay can vary depending on the organization, region, and individual performance.
Sources: FHA/FNMA/FHLMC Underwriter, https://www.wallstreetoasis.com/forum/corporate/the-forgotten-cousin-of-finance-commercial-insurance?customgpt=1, Q&A: HF Analyst @ $5bn+ Fund - Breaking In and Transition to Risk-Taking Role, What is the career and salary progression for an average performer in high finance?, Underwriting Analyst? Underwriter?
Bump
Same as any other corporate salary progression 65-100, 90 - 120, 110 - 140, 140 - 180. To make much more than ~ 200 in RE outside of REPE you have to either sell or own
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