As of March 01, 2025, the average annual salary for a Loan Underwriter I in Oregon is $63,610. Salary.com reports that pay typically ranges from $54,497 to $72,743, with most professionals earning between $46,200 and $81,058.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,597 | $5,966 | $1,377 | $34 |
| Average | $62,608 | $5,217 | $1,204 | $30 |
| 25th Percentile | $53,639 | $4,470 | $1,032 | $26 |
An entry-level Loan Underwriter I with under 1 year experience makes about $62,127. With less than 2 years of experience, a mid-level Loan Underwriter I makes around $63,068. After 2-4 years, the Loan Underwriter I pay rises to about $65,085. Those senior Loan Underwriter I with 5-8 years of experience earn roughly $65,489, and those Loan Underwriter I having 8 years or more experience are expected to earn about $65,758 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriter I | $62,127 |
| Intermediate Level Loan Underwriter I | $63,068 |
| Senior Level Loan Underwriter I | $65,085 |
| Specialist Level Loan Underwriter I | $65,489 |
| Expert Level Loan Underwriter I | $65,758 |
| Entry Level | 1% |
| Mid Level | 1% |
| Senior Level | 4% |
| Top Level | 5% |
| Experienced | 5% |
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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 | $78,260 |
25.0%
|
| Washington, DC | $69,683 |
11.3%
|
| Miami, FL | $60,417 |
|
| Chicago, IL | $65,676 |
4.9%
|
| Boston, MA | $70,184 |
12.1%
|
| New York, NY | $73,126 |
16.8%
|
