Loan Underwriter
Salary
How much does a Loan Underwriter make in the United States? The average Loan Underwriter salary in the United States is $71,945 as of December 27, 2023, but the salary range typically falls between $62,752 and $82,628. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Loan Underwriter Salary | $54,383 | US | December 27, 2023 |
| 25th Percentile Loan Underwriter Salary | $62,752 | US | December 27, 2023 |
| 50th Percentile Loan Underwriter Salary | $71,945 | US | December 27, 2023 |
| 75th Percentile Loan Underwriter Salary | $82,628 | US | December 27, 2023 |
| 90th Percentile Loan Underwriter Salary | $92,355 | US | December 27, 2023 |
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Loan Underwriter
Verify the Loan Underwriter job postings, comparable positions, educational requirements, and experience requirements to make sure it’s the position you’re looking for.
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Understand the total compensation opportunity for a Loan Underwriter, base salary plus other pay elements
These charts display the average base salary (core compensation) and average total cash compensation for the position of Loan Underwriter in the United States. Includes base and annual incentives 64624 86992 74420 Loan Underwriter base pay ranges from $62,752 to $82,628; the average base pay is $71,945 With an average total cash compensation of $74,420, the total cash compensation, which includes base and annual incentives, can range from $64,624 to $86,992.
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Please provide more details about your role in the four categories below for a real-time salary target. 62752 82628.
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FAQ
Is loan underwriting a good career?
According to PayScale. com, the average pay for mortgage underwriters in December 2021 was $67,922. In the same period, the median pay for consumer underwriters was $51,431 and for commercial underwriters it was $74,914.
Is underwriting a stressful job?
Telling clients that the company is unable to cover them is a stressful job for an underwriter, and it will never get any easier.
How many loans can an underwriter do a day?
It depends on the borrowers. If the property is a single family home, the borrower is not self-employed, has no rental properties, and has no co-borrowers (spouse is acceptable as long as they have a joint credit report), an underwriter can underwrite 25–35 loans per day.
Read More :
https://www.glassdoor.com/Salaries/loan-underwriter-salary-SRCH_KO0,16.htm
https://mint.intuit.com/salary/mortgage-underwriter/new-york-metro-area-ny