Business Loan Underwriter Salary
Other high-paying locations include New York NY Boston MA and Miami FL. Filter by location to see Loan Underwriter salaries in your area.
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For example in San Francisco CA you might make 76540 per year.

Business loan underwriter salary. How much does a Loan Underwriter make. Keep in mind that salary ranges can vary widely depending on many important factors including position education certifications additional skills and the number of years you have spent in your profession. The business loan underwriting process is the step between applying for a loan and receiving your money.
The range for our most popular Mortgage Underwriter positions listed below typically falls between 45155 and 195151. Virginia ranks number 4 out of 50 states nationwide for Loan Underwriter salaries. While an underwriter can average a salary of 67546 per year or 3247 per hour there are many opportunities for underwriters to make more.
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. Fast Fact The median annual salary for insurance underwriters as of May 2018 according to the US. Salary estimates are based on 12813 salaries submitted anonymously to Glassdoor by Loan Underwriter employees.
You could also apply for a position as a mortgage underwriter assistant. The average Mortgage Loan Underwriter salary is 53313 as of October 28 2020 but the salary range typically falls between 46872 and 60910. The average Underwriter salary in the United States is 80212 as of January 29 2021.
A Commercial Loan Underwriter in your area makes on average 68655 per year or 3770 5 less. Bureau of Labor Statistics was 69760. How much does a Private Business Loan Underwriter make.
Consider taking coursework in subjects like mathematics information systems business economics accounting and finance. Job Title Education Requirements Median Salary Job Growth 2018-2028 Loan Officer. The national average salary estimate for Underwriter was 70387.
Apply to Underwriter Loan Assistant Mortgage Closer and more. This equates to an hourly salary of 3666 and monthly of 5866. Bank Underwriters who are employed by a Federal Executive Branch earn the highest wages at approximately 69000 annually.
According to BLSgov the national median wage for all loan officers is approximately 55000 per year. The base salary for Loan Underwriter ranges from 57550 to 75827 with the average base salary of 66163. These charts show the average base salary core compensation as well as the average total cash compensation for the job of Loan Underwriter in the United States.
After youve gathered all of your financial documents and applied for a small business loan the fate of your financing lies in the hands of an underwriter. The national average salary for a Private Business Loan Underwriter is 57152 in United States. Most mortgage underwriters gain experience in their industry by initially working as loan officers or processors.
The below information is based on the 2019 BLS national averages. The average salary for a Business Loan Underwriter is 60000. The top 90 of insurance underwriters earn up to.
The national average salary for a Loan Underwriter is 57152 in United States. The total cash compensation which includes base and annual incentives can vary anywhere from 59087 to 79898 with the average total cash compensation of 67935. An entry-level Underwriter Business Banking with less than 1 year experience can expect to earn an average total compensation includes tips bonus and overtime pay of 55496 based on 6.
A Loan Underwriter in your area makes on average 51679 per year or 2838 5 less than the national average annual salary of 54517. Bachelors degree in business finance or a related field. The range for our most popular Underwriter positions listed below typically falls between 45155 and 115268.
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