Loan Underwriter I Salary in Louisiana
Loan Underwriter I Salary in Louisiana
How much does a Loan Underwriter I make in Louisiana? The average Loan Underwriter I salary in Louisiana is $57,473 as of March 26, 2024, but the range typically falls between $49,283 and $65,245. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Loan Underwriter I Salary | $41,826 | LA | March 26, 2024 |
| 25th Percentile Loan Underwriter I Salary | $49,283 | LA | March 26, 2024 |
| 50th Percentile Loan Underwriter I Salary | $57,473 | LA | March 26, 2024 |
| 75th Percentile Loan Underwriter I Salary | $65,245 | LA | March 26, 2024 |
| 90th Percentile Loan Underwriter I Salary | $72,321 | LA | March 26, 2024 |
M/I Homes, Inc. - Austin, TX
Kleberg Bank, N.A. - Corpus Christi, TX
THIRD COAST BANK - Dallas, TX
Credit Compliance & Underwriting - Commercial Underwriting Officer II
Veritex Community 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
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).
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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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Abbeville, LA | Avg. Salary $54,754 | Date Updated March 26, 2024 |
| Location Abita Springs, LA | Avg. Salary $57,836 | Date Updated March 26, 2024 |
| Location Acme, LA | Avg. Salary $52,457 | Date Updated March 26, 2024 |
| Location Addis, LA | Avg. Salary $57,413 | Date Updated March 26, 2024 |
| Location Aimwell, LA | Avg. Salary $52,457 | Date Updated March 26, 2024 |
| Location Akers, LA | Avg. Salary $57,715 | Date Updated March 26, 2024 |
| Location Albany, LA | Avg. Salary $56,929 | Date Updated March 26, 2024 |
| Location Alexandria, LA | Avg. Salary $52,941 | Date Updated March 26, 2024 |
| Location Ama, LA | Avg. Salary $58,198 | Date Updated March 26, 2024 |
| Location Amelia, LA | Avg. Salary $56,929 | 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.
What does a Loan Underwriter I do?
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About Louisiana
Similar Jobs to Loan Underwriter I
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Loan Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Loan Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Loan Underwriter IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Level of Education for Loan Underwriter I
Jobs with different levels of education may pay very differently. Check the Loan Underwriter I salary of your education level.
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About Louisiana Louisiana is bordered to the west by Texas; to the north by Arkansas; to the east by Mississippi; and to the south by the Gulf of Mexico. The state ma....More
Skills associated with Loan Underwriter I: Banking Software, Loan Authorization, Data Collection, Banking Products ...More
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