Loan Underwriter II Salary in New York

Loan Underwriter II Salary in New York

How much does a Loan Underwriter II make in New York? The average Loan Underwriter II salary in New York is $78,041 as of April 24, 2024, but the range typically falls between $67,461 and $88,537. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

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Loan Underwriter II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter II Salary $57,830 NY April 24, 2024
25th Percentile Loan Underwriter II Salary $67,461 NY April 24, 2024
50th Percentile Loan Underwriter II Salary $78,041 NY April 24, 2024
75th Percentile Loan Underwriter II Salary $88,537 NY April 24, 2024
90th Percentile Loan Underwriter II Salary $98,093 NY April 24, 2024
25% $67,461 10% $57,830 90% $98,093 75% $88,537 $78,041 50%(Median) Didn’t find job title? Click
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Check out Loan Underwriter II Job Openings in New York

Associate Underwriter II (Hybrid or Remote)

Mid-Continent Group - New York, NY

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Loan Underwriter

Greystone - New York, NY

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Mortgage Loan Underwriter - REMOTE

Quorum - Dobbs Ferry, NY

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Underwriter II

AmTrust Financial Services, Inc. - New York, NY

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What skills does a Loan Underwriter II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.

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).

See More Skills
Analysis 18.66%
Microsoft Office 2.14%
Commercial Banking 1.03%
Others 78.17%

Job Description for Loan Underwriter II

Loan Underwriter II 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 II 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 II typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Loan Underwriter II typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Underwriter II in New York
  • Mid-Continent Group - New York, NY
    Essential Job Functions and Responsibilities. Underwrite, price, and negotiate accounts consistent with the quality of the risk and according to the compan...
    - 3 Days Ago
  • Greystone - New York, NY
    Greystone Monticello, LLC and its affiliates ("Greystone Monticello") is a real estate and asset-based lender providing asset management and comprehensive ...
    - 1 Day Ago
  • Quorum - Dobbs Ferry, NY
    Who is Quorum. Quorum Federal Credit Union is a national employer of choice that attracts, develops, enables, and retains the right resources to drive the ...
    - 3 Days Ago
  • AmTrust Financial Services, Inc. - New York, NY
    Overview. The Cyber Underwriter will produce and underwrite new and renewal business within the fast-growing Cyber Division. The role will be responsible f...
    - 4 Days Ago
  • Asian Americans for Equality - New York, NY
    Who We Are. Renaissance Economic Development Corporation (REDC) is a 501(c)(3) nonprofit organization whose mission is to build-up low-to-moderate income a...
    - 5 Days Ago

Select a city to view specific salary and bonus information for Loan Underwriter II

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Location Avg. Salary Date Updated
Location Brentwood, NY Avg. Salary $80,164 Date Updated April 24, 2024
Location Clay, NY Avg. Salary $72,770 Date Updated April 24, 2024
Location Henrietta, NY Avg. Salary $72,038 Date Updated April 24, 2024
Location Huntington, NY Avg. Salary $83,458 Date Updated April 24, 2024
Location Levittown, NY Avg. Salary $80,310 Date Updated April 24, 2024
Location Nassau, NY Avg. Salary $80,310 Date Updated April 24, 2024
Location New Suffolk, NY Avg. Salary $79,212 Date Updated April 24, 2024
Location Accord, NY Avg. Salary $78,187 Date Updated April 24, 2024
Location Acra, NY Avg. Salary $74,380 Date Updated April 24, 2024
Location Adams, NY Avg. Salary $72,404 Date Updated April 24, 2024

Career Path for Loan Underwriter II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Underwriter II, the upper level is Loan Underwriter III and then progresses to Loan Underwriter IV.

Loan Underwriter II
Loan Underwriter III
Loan Underwriter IV
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About New York    New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York cov....More

Skills associated with Loan Underwriter II: Loan Underwriting, Loan Authorization, Loan Software, Loan Review ...More

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Loan Underwriter II Salary in New York
Loan Underwriter II Salary Graph, Regional Distribution and Summary