As of March 01, 2025, the average annual salary for a Loan Underwriter I in North Carolina is $55,662. Salary.com reports that pay typically ranges from $49,980 to $59,811, with most professionals earning between $44,808 and $63,588.
| 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 $55,238. With less than 2 years of experience, a mid-level Loan Underwriter I makes around $55,786. After 2-4 years, the Loan Underwriter I pay rises to about $56,715. Those senior Loan Underwriter I with 5-8 years of experience earn roughly $56,900, and those Loan Underwriter I having 8 years or more experience are expected to earn about $57,024 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriter I | $55,238 |
| Intermediate Level Loan Underwriter I | $55,786 |
| Senior Level Loan Underwriter I | $56,715 |
| Specialist Level Loan Underwriter I | $56,900 |
| Expert Level Loan Underwriter I | $57,024 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 2% |
| 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 | $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%
|
