As of May 01, 2026, the average salary for a Loan Underwriting Supervisor in the United States is $95,494 per year, which breaks down to an hourly rate of $46.
However, a Loan Underwriting Supervisor's salary can vary significantly. Here’s a look at the typical salary range:
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A Loan Underwriting Supervisor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Loan Underwriting Supervisor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Loan Underwriter III | 4-7 years | $85,462 |
| Loan Underwriter IV | 7+ years | $103,772 |
| Loan Underwriting Supervisor | 7+ years | $95,494 |
| Loan Underwriting Manager I | 7+ years | $106,539 |
| Loan Underwriting Manager II | 7+ years | $139,866 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Underwriting Supervisors. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 6.8% |
| Microsoft Office | 1.62% |
| Credit Card | 0.97% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Process Improvement
|
$144,196 |
51%
|
|
Communicates Effectively
|
$107,908 |
13%
|
|
Attention to Detail
|
$104,088 |
9%
|
|
Accounts Receivable
|
$104,088 |
9%
|
|
Logistics
|
$103,134 |
8%
|
|
Communication Skills
|
$103,134 |
8%
|
Your level of education can impact your salary potential. While many Loan Underwriting Supervisors enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Loan Underwriting Supervisor with a Bachelor's Degree is between $96,276 and $105,315).
Loan Underwriting Supervisor Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 30.4% |
| High School | 30.4% |
| Associates | 8.7% |
| Bachelors | 47.8% |
| Masters | 13.0% |
| Doctorate | 0.0% |
Understanding how a Loan Underwriting Supervisor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 01, 2026Promotions are the fastest way to increase your earnings. As a Loan Underwriting Supervisor, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Mortgage Underwriting Manager | $111,120 | 16% |
| Loan Underwriting Manager I | $106,539 | 12% |
Salaries for a Loan Underwriting Supervisor can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $67,238 in 2023 to around $66,546 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Loan Underwriting Supervisor salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $67,238 |
| 2024 | $67,448 |
| 2025 | $66,546 |
| 2026 |
View More
|
| 2027 |
View More
|
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A Loan Underwriting Supervisor's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Loan Underwriting Supervisor earns the most in San Jose, CA, where the annual salary of a Loan Underwriting Supervisor is $120,447.
The highest pay for Loan Underwriting Supervisor is $101,260.
The lowest pay for Loan Underwriting Supervisor is $91,992.
Supervises the daily operations of an underwriting unit that evaluates the risk of loan and credit applications against the firm's objectives and borrowing guidelines using analysis and assessment of creditworthiness criteria. Reviews the applicant's financial status, documents, data, and applicable collateral. Makes approval, rejection, or modification decisions based on underwriting guidelines and established approval limits. May present to a loan committee. Defines the loan structure consisting of interest rates, repayment terms, and allowed loan amounts. Complies with all federal regulations, state laws, and internal policies related to lending. Escalates non-conforming loans that require a higher level of approval review using an exception process. Requires a bachelor's degree. Typically reports to a manager. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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