As of April 01, 2025, the average annual salary for a Loan Underwriter I in Arizona is $56,497. Salary.com reports that pay typically ranges from $50,730 to $60,708, with most professionals earning between $45,480 and $64,542.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $62,303 | $5,192 | $1,198 | $30 |
| Average | $57,981 | $4,832 | $1,115 | $28 |
| 25th Percentile | $52,063 | $4,339 | $1,001 | $25 |
An entry-level Loan Underwriter I with under 1 year experience makes about $56,066. With less than 2 years of experience, a mid-level Loan Underwriter I makes around $56,622. After 2-4 years, the Loan Underwriter I pay rises to about $57,565. Those senior Loan Underwriter I with 5-8 years of experience earn roughly $57,754, and those Loan Underwriter I having 8 years or more experience are expected to earn about $57,880 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriter I | $56,066 |
| Intermediate Level Loan Underwriter I | $56,622 |
| Senior Level Loan Underwriter I | $57,565 |
| Specialist Level Loan Underwriter I | $57,754 |
| Expert Level Loan Underwriter I | $57,880 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 0% |
| Experienced | 0% |
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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 24.9% above. The lowest Loan Underwriter I salary is in Miami, FL, where the Loan Underwriter I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $72,412 |
24.9%
|
| Washington, DC | $64,197 |
10.7%
|
| Miami, FL | $55,708 |
|
| Chicago, IL | $59,918 |
3.3%
|
| Boston, MA | $64,666 |
11.5%
|
| New York, NY | $67,194 |
15.9%
|
