Loan Underwriter IV Salary in Minneapolis, Minnesota

Loan Underwriter IV Salary in Minneapolis, MN

How much does a Loan Underwriter IV make in Minneapolis, MN? The average Loan Underwriter IV salary in Minneapolis, MN is $108,819 as of March 26, 2024, but the range typically falls between $93,180 and $122,710. 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. 

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Loan Underwriter IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter IV Salary $78,942 Minneapolis,MN March 26, 2024
25th Percentile Loan Underwriter IV Salary $93,180 Minneapolis,MN March 26, 2024
50th Percentile Loan Underwriter IV Salary $108,819 Minneapolis,MN March 26, 2024
75th Percentile Loan Underwriter IV Salary $122,710 Minneapolis,MN March 26, 2024
90th Percentile Loan Underwriter IV Salary $135,357 Minneapolis,MN March 26, 2024
25% $93,180 10% $78,942 90% $135,357 75% $122,710 $108,819 50%(Median) Didn’t find job title? Click
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Check out Loan Underwriter IV Job Openings in Minneapolis, Minnesota

Loan Underwriter - Up To $20,000 In Potential Incentives

United Wholesale Mortgage - Pontiac, MI

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Small Business Underwriter

Great West Casualty Company - Meridian, ID

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Small Business Underwriter

Great West Casualty Company - South Sioux City, NE

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Small Business Underwriter

Great West Casualty Company - Arlington, TX

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Job Description for Loan Underwriter IV

Loan Underwriter IV reviews loan applications and related documentation to determine loan eligibility and terms. Analyzes financial information provided and collects additional documentation as necessary. Being a Loan Underwriter IV provides loan options, terms, or other product recommendations based on qualifications. Assists customers through the loan process by researching and answering customer inquiries, clarifying details, and coordinating with internal parties. Additionally, Loan Underwriter IV typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Loan Underwriter IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Loan Underwriter IV information for you to search for. Click on search button below to see Loan Underwriter IV job openings or enter a new job title here.

Job Openings for Loan Underwriter IV in Minneapolis, MN
  • United Wholesale Mortgage - Pontiac, MI
    United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...
    - 8 Months Ago
  • Great West Casualty Company - Meridian, ID
    This position offers an optional hybrid work schedule, with three days working in the office and two days working remotely. Are you looking to kick-start y...
    - 19 Days Ago
  • Great West Casualty Company - South Sioux City, NE
    This position offers an optional hybrid work schedule, with three days working in the office and two days working remotely. Are you looking to kick-start y...
    - 19 Days Ago
  • Great West Casualty Company - Arlington, TX
    This position offers an optional hybrid work schedule, with three days working in the office and two days working remotely. Are you looking to kick-start y...
    - 19 Days Ago
  • United Wholesale Mortgage - Pontiac, MI
    United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for Mortgage Operations Specialists. MUST KNOW....
    - 10 Months Ago

Career Path for Loan Underwriter IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Underwriter IV, the upper level is Loan Underwriting Supervisor and then progresses to Loan Underwriting Supervisor, Sr..

Loan Underwriter IV
Loan Underwriting Supervisor
Loan Underwriting Supervisor, Sr.
Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
ADVANCED OXYGEN TECHNOLOGY
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Loan Underwriter IV Pay Difference by Location

Loan Underwriter IV salary varies from city to city. Compared with national average salary of Loan Underwriter IV, the highest Loan Underwriter IV salary is in San Francisco, CA, where the Loan Underwriter IV salary is 25.0% above. The lowest Loan Underwriter IV salary is in Miami, FL, where the Loan Underwriter IV salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Loan Underwriter IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
93180
122710
108819

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
99410
141179
118695
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter IV in Minneapolis, MN. The base salary for Loan Underwriter IV ranges from $93,180 to $122,710 with the average base salary of $108,819. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $99,410 to $141,179 with the average total cash compensation of $118,695.
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For a real-time salary target, tell us more about your role in the four categories below.

93180
122710

 

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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

Loan Underwriter IV Salary in popular cities: Saint Paul, Rochester, Duluth

Skills associated with Loan Underwriter IV: Loan Authorization, Underwriting & Rating Software, Loan Software, Loan Review ...More