How much does a Loan Underwriter I make in South Carolina? The average Loan Underwriter I salary in South Carolina is $56,846 as of February 26, 2024, but the range typically falls between $48,749 and $64,533. 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 $41,378 SC February 26, 2024
25th Percentile Loan Underwriter I Salary $48,749 SC February 26, 2024
50th Percentile Loan Underwriter I Salary $56,846 SC February 26, 2024
75th Percentile Loan Underwriter I Salary $64,533 SC February 26, 2024
90th Percentile Loan Underwriter I Salary $71,531 SC February 26, 2024
25% $48,749 10% $41,378 90% $71,531 75% $64,533 $56,846 50%(Median) Didn’t find job title? Click
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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).

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 South Carolina

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Location Avg. Salary Date Updated
Location Goose Creek, SC Avg. Salary $57,095 Date Updated February 26, 2024
Location Abbeville, SC Avg. Salary $56,472 Date Updated February 26, 2024
Location Adams Run, SC Avg. Salary $56,814 Date Updated February 26, 2024
Location Aiken, SC Avg. Salary $56,177 Date Updated February 26, 2024
Location Alcolu, SC Avg. Salary $53,841 Date Updated February 26, 2024
Location Allendale, SC Avg. Salary $55,925 Date Updated February 26, 2024
Location Anderson, SC Avg. Salary $56,448 Date Updated February 26, 2024
Location Andrews, SC Avg. Salary $54,677 Date Updated February 26, 2024
Location Arcadia, SC Avg. Salary $56,593 Date Updated February 26, 2024
Location Awendaw, SC Avg. Salary $56,758 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.

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Loan Underwriter I Salary in South Carolina
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