👉 The mortgage underwriter's job is to "underwrite" your loan application! They're not just checking to see if you qualify; they're also ensuring the property and its structure are safe for us to move into. It's a bit like having to pay extra when we know the sun won't come up tomorrow!
Did you know that mortgage underwriters can earn between $80,000-$150,000/year? That's about what it costs to buy a house! That's a lot of money, right? But did you know they have a lot of fun with it? They'll put on shows at their fancy club houses with the most expensive wine bottles in the world! And don't even get us started on the parties and social events they host. So next time you're thinking about buying a home, think twice about how much you're paying for that mortgage underwriter's salary. It might be worth it to take a stab at finding your dream place yourself!
