How much does a Loan Underwriter I make in Pennsylvania? The average Loan Underwriter I salary in Pennsylvania is $60,091 as of February 26, 2024, but the range typically falls between $51,532 and $68,217. 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.

Loan Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter I Salary $43,739 PA February 26, 2024
25th Percentile Loan Underwriter I Salary $51,532 PA February 26, 2024
50th Percentile Loan Underwriter I Salary $60,091 PA February 26, 2024
75th Percentile Loan Underwriter I Salary $68,217 PA February 26, 2024
90th Percentile Loan Underwriter I Salary $75,614 PA February 26, 2024
25% $51,532 10% $43,739 90% $75,614 75% $68,217 $60,091 50%(Median) Didn’t find job title? Click
Change Search Criteria

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).

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

Employers: Job Description Management Tool

See user submitted job responsibilities for Loan Underwriter I.

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

Job Openings for Loan Underwriter I in Pennsylvania

Select a city to view specific salary and bonus information for Loan Underwriter I

Loading results...
Location Avg. Salary Date Updated
Location Stroudsburg, PA Avg. Salary $61,769 Date Updated February 26, 2024
Location Aaronsburg, PA Avg. Salary $58,205 Date Updated February 26, 2024
Location Abbottstown, PA Avg. Salary $58,905 Date Updated February 26, 2024
Location Abington, PA Avg. Salary $63,848 Date Updated February 26, 2024
Location Ackermanville, PA Avg. Salary $64,391 Date Updated February 26, 2024
Location Acme, PA Avg. Salary $56,976 Date Updated February 26, 2024
Location Acosta, PA Avg. Salary $55,443 Date Updated February 26, 2024
Location Adah, PA Avg. Salary $58,947 Date Updated February 26, 2024
Location Adamsburg, PA Avg. Salary $59,068 Date Updated February 26, 2024
Location Adamstown, PA Avg. Salary $59,897 Date Updated February 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.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Loan Underwriter I

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

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

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