Commercial Loan Underwriter Salaries in the United States
How Much Does a Commercial Loan Underwriter Make?
Updated April 24, 2024
Filter
SELECT STATE
Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
SELECT STATE
Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
SELECT CITY
SELECT CITY
Individually reported data submitted by users of our website
Normal Confidence
$97,947/yr
Average Base Pay
Low $81,413
Average $97,947
High $111,053
The average salary for Commercial Loan Underwriter is $97,947 per year in the United States.
Related Job Titles to Commercial Loan Underwriter
Similar Job Salaries to Commercial Loan Underwriter by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Ultimate
Commercial Loan Underwriter
|
$200,823/yr
|
RANGE: $162,198 - $239,447
|
|
Cherokee Strip Credit Union
Commercial Loan Underwriter
|
$75,270/yr
|
RANGE: $63,541 - $87,000
|
|
Oak Valley Community Bank
Commercial Loan Underwriter
|
$121,682/yr
|
RANGE: $101,431 - $141,933
|
|
Ultimate
Commercial Loan Officer/Underwriter
|
$153,018/yr
|
RANGE: $126,043 - $179,993
|
|
MRINetwork
Commercial Loan Underwriter
|
$117,565/yr
|
RANGE: $97,999 - $137,130
|
|
AgileCap
Commercial Loan Underwriter
|
$112,190/yr
|
RANGE: $93,519 - $130,861
|
|
Addition Financial
Commercial Loan Underwriter
|
$87,153/yr
|
RANGE: $73,940 - $100,365
|
|
Global Placement Firm
Commercial Loan Underwriter
|
$85,359/yr
|
RANGE: $72,076 - $98,643
|
|
Ultimate
Commercial Loan Underwriter - AR
|
$200,823/yr
|
RANGE: $162,198 - $239,447
|
|
Ultimate Staffing Services
Commercial Loan Underwriter - AR
|
$200,823/yr
|
RANGE: $162,198 - $239,447
|
What Does a Commercial Loan Underwriter Do?
Commercial underwriters typically work daytime business hours with paid holidays off, and primarily report to the loan department manager.
Updated December 19, 2021
Commercial underwriters are problem-solvers with an eye for detail and excellent customer service skills who process complex loan applications and create comprehensive loan agreements.
Updated December 18, 2021
To ensure a strong loan portfolio, commercial real estate underwriters need an in-depth understanding of asset performance early in the acquisition process.
Updated December 14, 2021
– commercial underwriters frequently use Microsoft Office, spreadsheets, and other software programs, all of which require computer skills.
Updated December 13, 2021
Some travel is required, as commercial underwriters may travel to meet with current and potential clients to discuss the details of financial agreements.
Updated December 06, 2021
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Commercial Loan Underwriter Salaries
What is the average of a Commercial Loan Underwriter in the United States?
The Commercial Loan Underwriter salary range is from $81,413 to $111,053, and the average Commercial Loan Underwriter salary is $97,947/year in the United States.
The Commercial Loan Underwriter's salary will change in different locations.
Which location pays the highest Commercial Loan Underwriter salary in the United States?
The Commercial Loan Underwriter salary in San Jose, CA is $122,924
which is the highest in the US.
What kinds of reasons will influence the Commercial Loan Underwriter's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Commercial Loan Underwriter.
What is the growth rate of the Commercial Loan Underwriter's salary?
If you are thinking of becoming a Commercial Loan Underwriter or planning the next step in your career, find the detailed salary report of a Commercial Loan Underwriter.
Recent Salary Report
Below are the most recent Commercial Loan Underwriter salary reports. Employer name has been removed to protect anonymity.
$55
Hourly
A Commercial Loan Underwriter in Little Rock, AR reported making $55 per hour
Little Rock, AR
3,000 - 7,6 employees
Part-Time
Company - Public
$41
Hourly
A Commercial Loan Underwriter in Milford, CT reported making $41 per hour
Milford, CT
7,6 - 15,000 employees
Part-Time
Company - Public
$5,808
Monthly
A Commercial Loan Underwriter in Nampa, ID reported making $5,808 per month
Nampa, ID
1,000 - 3,000 employees
Full-Time
Company - Public
$109,816
Yearly
A Commercial Loan Underwriter in Manhattan, KS reported making $109,816 per year
Manhattan, KS
100 - 200 employees
Full-Time
Company - Private
$73,376
Yearly
A Commercial Loan Underwriter in Stratford, CT reported making $73,376 per year
Stratford, CT
200 - 6 employees
Full-Time
Company - Private
$111,053
Yearly
A Commercial Loan Underwriter in Plymouth, MA reported making $111,053 per year
Plymouth, MA
6 - 1,000 employees
Full-Time
Company - Private
