How much does a Loan Underwriter I make?
As of December 01, 2024, the average annual pay of Loan Underwriter I in AK is $67,664. While Salary.com is seeing that Loan Underwriter I salary in AK can go up to $86,214 or down to $49,135, but most earn between $57,965 and $77,374. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter I in the United States.
View Loan Underwriter I Salary by Hour, Week, Month, Year
Salary.com provides you with accurate and diversified Loan Underwriter I salary data based on specialized databases to help you get a fairer salary.
Click the switch button below to see more details about Loan Underwriter I hourly pay, weekly pay, monthly pay and so on.
Last Updated on December 01, 2024
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$71,050 |
$5,921 |
$1,366 |
$34 |
Average |
$62,134 |
$5,178 |
$1,195 |
$30 |
25th Percentile |
$53,228 |
$4,436 |
$1,024 |
$26 |
Last Updated on December 01, 2024
View Loan Underwriter I Salary by Experience Levels
An entry-level Loan Underwriter I with under 1 year experience makes about $66,591.
With less than 2 years of experience, a mid-level Loan Underwriter I makes around $67,599.
After 2-4 years, the Loan Underwriter I pay rises to about $69,762.
Those senior Loan Underwriter I with 5-8 years of experience earn roughly $70,194, and those Loan Underwriter I having 8 years or more experience are expected to earn about $70,483 on average.
Levels |
Salary |
Entry Level Loan Underwriter I
|
$66,591
|
Intermediate Level Loan Underwriter I
|
$67,599
|
Senior Level Loan Underwriter I
|
$69,762
|
Specialist Level Loan Underwriter I
|
$70,194
|
Expert Level Loan Underwriter I
|
$70,483
|
$66,591
0 yr
$67,599
< 2 yrs
$69,762
2-4 yrs
$70,194
5-8 yrs
$70,483
> 8 yrs
Last Updated on December 01, 2024
Entry Level
|
7%
|
Mid Level
|
9%
|
Senior Level
|
12%
|
Top Level
|
13%
|
Experienced
|
13%
|
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Last Updated on December 01, 2024
View Loan Underwriter I Pay Difference by Location
Loan Underwriter I salary varies from city to city.
Compared with national average salary of Loan Underwriter I, the highest Loan Underwriter I salary is in San Francisco, CA, where the Loan Underwriter I salary is 25.0% above.
The lowest Loan Underwriter I salary is in Miami, FL, where the Loan Underwriter I salary is 3.5% lower than national average salary.
City, State |
Price |
Compared to national average |
San Francisco, CA
|
$77,667 |
|
Washington, DC
|
$69,155 |
|
Miami, FL
|
$59,959 |
|
Chicago, IL
|
$65,178 |
|
Boston, MA
|
$69,652 |
|
New York, NY
|
$72,572 |
|