As of December 01, 2024, the average annual pay of Loan Underwriter I in KY is $58,468. While Salary.com is seeing that Loan Underwriter I salary in KY can go up to $74,497 or down to $42,457, but most earn between $50,087 and $66,858. 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.
| 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 |
An entry-level Loan Underwriter I with under 1 year experience makes about $57,541. With less than 2 years of experience, a mid-level Loan Underwriter I makes around $58,412. After 2-4 years, the Loan Underwriter I pay rises to about $60,281. Those senior Loan Underwriter I with 5-8 years of experience earn roughly $60,655, and those Loan Underwriter I having 8 years or more experience are expected to earn about $60,904 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriter I | $57,541 |
| Intermediate Level Loan Underwriter I | $58,412 |
| Senior Level Loan Underwriter I | $60,281 |
| Specialist Level Loan Underwriter I | $60,655 |
| Expert Level Loan Underwriter I | $60,904 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 2% |
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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 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 |
25.0%
|
| Washington, DC | $69,155 |
11.3%
|
| Miami, FL | $59,959 |
|
| Chicago, IL | $65,178 |
4.9%
|
| Boston, MA | $69,652 |
12.1%
|
| New York, NY | $72,572 |
16.8%
|
