How much does a Loan Underwriter I make in Welch, WV? The average Loan Underwriter I salary in Welch, WV is $54,993 as of August 27, 2024, but the range typically falls between $47,113 and $62,885. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Loan Underwriter I Salary | $39,939 | Welch,WV | August 27, 2024 |
25th Percentile Loan Underwriter I Salary | $47,113 | Welch,WV | August 27, 2024 |
50th Percentile Loan Underwriter I Salary | $54,993 | Welch,WV | August 27, 2024 |
75th Percentile Loan Underwriter I Salary | $62,885 | Welch,WV | August 27, 2024 |
90th Percentile Loan Underwriter I Salary | $70,070 | Welch,WV | August 27, 2024 |
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Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).
What Should I Pay?
Loan Underwriter I reviews loan applications and related documentation to determine loan eligibility and terms. Analyzes financial information provided and collects additional documentation as necessary. Being a Loan Underwriter I provides loan options, terms, or other product recommendations based on qualifications. Assists customers through the loan process by researching and answering customer inquiries, clarifying details, and coordinating with internal parties. Additionally, Loan Underwriter I typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Loan Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description
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For Loan Underwriter I, the upper level is Loan Underwriter II and then progresses to Loan Underwriter IV.
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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.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Loan Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Loan Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Loan Underwriter IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Loan Underwriter I salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Loan Underwriter I salary varies from category to category. Click below to see Loan Underwriter I salary in different categories.
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About Welch, West Virginia Welch is a city located in McDowell County in the State of West Virginia. The population was 2,406 at the 2010 census. Incorporated as a city in 1893,....More
Welch, West Virginia area prices were up 1.2% from a year ago View the Cost of Living in Welch, West Virginia
Loan Underwriter I Salary in popular cities: Charleston, Huntington, Parkersburg
Skills associated with Loan Underwriter I: Loan Review, Risk Assessment, Loan Underwriting, Data Collection ...More
Jobs with a similar salary range to Loan Underwriter I : Financial Loan Analyst
Salary estimation for Loan Underwriter I at companies like : TD Bank , America, Division of Child Support Enforcement, Verity Funding Group LLC
Jobs with a similar salary range to Loan Underwriter I : Master Carpenter