As of March 01, 2025, the average annual salary for a Loan Underwriter I in Maryland is $59,778. Salary.com reports that pay typically ranges from $53,677 to $64,234, with most professionals earning between $48,122 and $68,291.
| 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 $59,323. With less than 2 years of experience, a mid-level Loan Underwriter I makes around $59,911. After 2-4 years, the Loan Underwriter I pay rises to about $60,909. Those senior Loan Underwriter I with 5-8 years of experience earn roughly $61,109, and those Loan Underwriter I having 8 years or more experience are expected to earn about $61,242 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriter I | $59,323 |
| Intermediate Level Loan Underwriter I | $59,911 |
| Senior Level Loan Underwriter I | $60,909 |
| Specialist Level Loan Underwriter I | $61,109 |
| Expert Level Loan Underwriter I | $61,242 |
| Entry Level | 2% |
| Mid Level | 3% |
| Senior Level | 5% |
| Top Level | 5% |
| Experienced | 6% |
Not the salary data you are looking for? Choose the state salary you want to see.
What Am I Worth?
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Loan Underwriter I information for you to search for. Click on search button below to see Loan Underwriter I job openings or enter a new job title here.
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 | $72,476 |
25.0%
|
| Washington, DC | $64,533 |
11.3%
|
| Miami, FL | $55,952 |
|
| Chicago, IL | $60,822 |
4.9%
|
| Boston, MA | $64,997 |
12.1%
|
| New York, NY | $67,722 |
16.8%
|
