Loan Underwriter I Salary in California

Loan Underwriter I Salary in California

How much does a Loan Underwriter I make in California? The average Loan Underwriter I salary in California is $66,659 as of March 26, 2024, but the range typically falls between $57,160 and $75,673. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

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Loan Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter I Salary $48,511 CA March 26, 2024
25th Percentile Loan Underwriter I Salary $57,160 CA March 26, 2024
50th Percentile Loan Underwriter I Salary $66,659 CA March 26, 2024
75th Percentile Loan Underwriter I Salary $75,673 CA March 26, 2024
90th Percentile Loan Underwriter I Salary $83,880 CA March 26, 2024
25% $57,160 10% $48,511 90% $83,880 75% $75,673 $66,659 50%(Median) Didn’t find job title? Click
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Check out Loan Underwriter I Job Openings in California

Loan Officer

M/I Homes - Austin, TX

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Consumer Underwriter

Kleberg Bank, N.A. - Corpus Christi, TX

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Underwriter III

THIRD COAST BANK - Dallas, TX

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What skills does a Loan Underwriter I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.

Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).

See More Skills
Analysis 18.65%
Microsoft Office 2.14%
Commercial Banking 1.03%
Others 78.18%

Job Description for Loan Underwriter I

Loan Underwriter I 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 I 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 I typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Loan Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Underwriter I in California

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Location Avg. Salary Date Updated
Location Coachella, CA Avg. Salary $63,698 Date Updated March 26, 2024
Location Acampo, CA Avg. Salary $64,604 Date Updated March 26, 2024
Location Acton, CA Avg. Salary $66,901 Date Updated March 26, 2024
Location Adelanto, CA Avg. Salary $63,577 Date Updated March 26, 2024
Location Adin, CA Avg. Salary $61,945 Date Updated March 26, 2024
Location Agoura Hills, CA Avg. Salary $65,934 Date Updated March 26, 2024
Location Aguanga, CA Avg. Salary $63,879 Date Updated March 26, 2024
Location Ahwahnee, CA Avg. Salary $60,193 Date Updated March 26, 2024
Location Alameda, CA Avg. Salary $73,730 Date Updated March 26, 2024
Location Alamo, CA Avg. Salary $73,549 Date Updated March 26, 2024

Career Path for Loan Underwriter I

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 I, the upper level is Loan Underwriter II and then progresses to Loan Underwriter IV.

Loan Underwriter I
Loan Underwriter II
Loan Underwriter IV
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About California    California is a state in the Pacific Region of the United States. With 39.6 million residents, California is the most populous U.S. state and the thir....More

Skills associated with Loan Underwriter I: Banking Software, Loan Authorization, Data Collection, Banking Products ...More

Jobs with a similar salary range to Loan Underwriter I : Financial Loan Analyst

Salary estimation for Loan Underwriter I at companies like : TD Bank , America, Division of Child Support Enforcement, Verity Funding Group LLC

Jobs with a similar salary range to Loan Underwriter I : Master Carpenter

Loan Underwriter I Salary in California
Loan Underwriter I Salary Graph, Regional Distribution and Summary