SitusAMC Mumbai Mortgage Underwriter Salaries by 50+ Employees (Updated 2025)

2 - 13 years exp.

₹4 Lakhs - ₹10 Lakhs

Salary of majority employees

41% more than the average Mortgage Underwriter Salary in Software Product Companies for 2 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Mortgage Underwriter Salary 2 - 13 years exp. (16 salaries)	₹4.5 L/yr - ₹10 L/yr
Customer Success, Service & Operations Mortgage Underwriter Salary 3 - 12 years exp. (15 salaries)	₹4 L/yr - ₹9.5 L/yr
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Finance & Accounting Mortgage Underwriter Salary 2 - 8 years exp. (7 salaries)	₹4 L/yr - ₹8.9 L/yr

Last Updated: 22 Mar 2025

Companies similar to SitusAMC for Mortgage Underwriter in Mumbai

SitusAMC Mortgage Underwriter Salary

2 - 13 years exp. (50 salaries)

₹4 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Firstsource Solutions Mortgage Underwriter Salary 0 - 10 years exp. (66 salaries)	₹2 L/yr - ₹10.2 L/yr 18% less
Teleperformance Mortgage Underwriter Salary 0 - 6 years exp. (21 salaries)	₹2.1 L/yr - ₹4.5 L/yr 56% less
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Altisource Mortgage Underwriter Salary 2 - 9 years exp. (20 salaries)	₹3.5 L/yr - ₹9 L/yr 13% less
Visionet Systems Mortgage Underwriter Salary 1 - 8 years exp. (19 salaries)	₹2.5 L/yr - ₹10.6 L/yr 21% less
TCS Mortgage Underwriter Salary 1 - 9 years exp. (17 salaries)	₹3 L/yr - ₹7 L/yr 45% less

Mortgage Underwriter salary at SitusAMC ranges between ₹4 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 50 latest salaries received from various employees of SitusAMC.

Experience wise SitusAMC Mortgage Underwriter salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
2 years (5 salaries)	₹4.8 L/yr - ₹7.1 L/yr
3 years (5 salaries)	₹6 L/yr - ₹7.6 L/yr
Login to view exact salary
4 years (4 salaries)	₹4 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
6 years (7 salaries)	₹4.3 L/yr - ₹9.5 L/yr
7 years (5 salaries)	₹4 L/yr - ₹9 L/yr
8 years (5 salaries)	₹6 L/yr - ₹9 L/yr
9 years (5 salaries)	₹5 L/yr - ₹9 L/yr
10 years (5 salaries)	₹6.3 L/yr - ₹9.5 L/yr
11 years (3 salaries)	₹6 L/yr - ₹14.7 L/yr
12 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
13 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr

View all

Similar Designation salaries in SitusAMC

Team Lead Salary

(31 salaries)

₹6.1 L/yr - ₹14.5 L/yr

Senior Associate Salary

(10 salaries)

₹4.8 L/yr - ₹7 L/yr

Business Analyst Salary

(9 salaries)

₹4.55 L/yr - ₹13.5 L/yr

Research Analyst Salary

(4 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Top skills at SitusAMC for Mortgage Underwriter

Financial Statement Analysis Ach Lease Abstraction

Salary related reviews for SitusAMC

3.6

Rated by 11 employees for salary & benefits

Mortgage Underwriter in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 30 Jan 2025

1.0

for Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

...yee are a machine who sits on system for 9hrs pathetic in human behaviour!!!!!!! No salary growth promotion and hike for genuine people No job security at all. They can fire anytime with whatever's reasons Additional. Manager will force to work on weekends saying it is mandatory.

Salary - Bad

+6 more

Mortgage Underwriter in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

1.0

• posted on 15 Jun 2022

1.0

for Salary and Benefits

Likes

No Job security at all, Higher management disrespects employees and no work ethics at workplace.

Dislikes

No job security anytime you can be fired without giving proper explanations, Salary is average, Higher management doesn’t address the issues of the employees.

Salary - Bad

+6 more

Mortgage Underwriter in Gurgaon / Gurugram

Underwriting Department

4.0

• posted on 08 Jul 2022

4.0

for Salary and Benefits

Likes

Good Organization to work in. Management is very supportive, Good work-life balance, Salary and benefits are well above industry standards.

Salary - Good

+5 more

Dislikes

This is not company-specific but jobs US mortgage is very volatile and downtrend in industry could result in layoffs.

Senior Process Associate in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 28 May 2022

4.0

for Salary and Benefits

Likes

Work environment and culture is good. Teammates and company policies are good. Appraisal are fair and they give good salary hike.

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management does not address our issues. Salary is decent but career growth is slow.

Senior Process Associate in Gurgaon / Gurugram

Customer Success, Service & Operations Department

5.0

• posted on 30 Jun 2022

5.0

for Salary and Benefits

Likes

You do work but instead of that here in this org you get satisfaction in all related aspects as compensation benefits, facilities, job security, work culture and yearly best appraisal percentage hikes as compare to other org within us mortgage industry.

Salary - Excellent

+6 more

Dislikes

Nothing expect need to provide both side cab options for morning shift members.

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SitusAMC Mortgage Underwriter Salary FAQs

What is the salary of Mortgage Underwriter at SitusAMC in Mumbai?

The average salary of a Mortgage Underwriter at SitusAMC in Mumbai typically ranges from ₹4.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Mortgage Underwriter in Mumbai at SitusAMC earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Mortgage Underwriter Salaries at SitusAMC can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 50+ SitusAMC employees in India.

What is the estimated take home salary of a Mortgage Underwriter at SitusAMC in Mumbai?

The estimated take-home salary of a Mortgage Underwriter at SitusAMC in Mumbai typically ranges from ₹54,174 to ₹55,526 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 2 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 50+ salaries received from various employees of SitusAMC. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Mortgage Underwriter at SitusAMC in Mumbai?

To be a Mortgage Underwriter at SitusAMC in Mumbai, the key skills required include:

- Financial Statement Analysis
- Ach
- Lease Abstraction

These skills are highly valued at SitusAMC and are crucial for successful performance in a Software Engineering role.

What is the salary of a Mortgage Underwriter in companies similar to SitusAMC in Mumbai?

The salary of a Mortgage Underwriter at companies similar to SitusAMC in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Altisource	₹3.5 Lakhs to ₹9.0 Lakhs per year
Firstsource Solutions	₹2.0 Lakhs to ₹10.2 Lakhs per year
Visionet Systems	₹2.5 Lakhs to ₹10.6 Lakhs per year
TCS	₹3.0 Lakhs to ₹7.0 Lakhs per year
Teleperformance	₹2.1 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Mortgage Underwriter at SitusAMC in Mumbai?

The salary growth for a Mortgage Underwriter at SitusAMC in Mumbai depends on factors such as experience, performance, and promotions. On average, a Mortgage Underwriter in Mumbai can expect the following growth trajectory at SitusAMC:

Experience	Average Salary Range
2 years	₹4.8 Lakhs to ₹7.1 Lakhs per year
3 years	₹6.0 Lakhs to ₹7.6 Lakhs per year
4 years	₹4.0 Lakhs to ₹8.0 Lakhs per year
5 years	₹5.9 Lakhs to ₹7.6 Lakhs per year

and so on.

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SitusAMC Mortgage Underwriter Salaries in Mumbai

SitusAMC Mortgage Underwriter salary in Mumbai ranges between ₹4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 SitusAMC latest salaries received from various employees of SitusAMC.