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Loan Underwriter IV Salary in the United States

How much does a Loan Underwriter IV make in the United States?

As of August 01, 2026, the average salary for a Loan Underwriter IV in the United States is $103,774 per year, which breaks down to an hourly rate of $50.

However, a Loan Underwriter IV's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $115,300
  • Majority Range (25th-75th percentile): $95,884 to $109,807
  • Entry-Level (10th percentile): $88,701
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Loan Underwriter IV Salaries

A Loan Underwriter IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Loan Underwriter IV Salaries?

Experience is a primary driver of a Loan Underwriter IV's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Loan Underwriter II (2-4 years): $69,382
  • Loan Underwriter III (4-7 years): $85,461
  • Loan Underwriter IV (7+ years): $103,774
  • Loan Underwriting Supervisor (7+ years): $95,495
  • Loan Underwriting Manager I (7+ years): $106,519
Job Role Years of Experience Average Salary
Loan Underwriter II2-4 years$69,382
Loan Underwriter III4-7 years$85,461
Loan Underwriter IV7+ years$103,774
Loan Underwriting Supervisor7+ years$95,495
Loan Underwriting Manager I7+ years$106,519
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How Do Loan Underwriter IVs Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Underwriter IVs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $114,899.
  • California: $114,463.
  • Massachusetts: $112,937.

Top Paying Cities for Loan Underwriter IV

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $130,890
  • San Francisco: $129,457
  • Oakland: $126,729

Loan Underwriter IV Salary by Company Size: Startups vs. Enterprise

Loan Underwriter IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $110,563. While startup companies pay approximate $93,884.

Loan Underwriter IV Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $93,884
Growth Stage 51~500 $99,212
Established 501~5000 $106,866
Enterprise 5000+ $110,563

Loan Underwriter IV Salary by Industry: Top Paying Sectors

For Loan Underwriter IV roles, the industry you choose can impact your earning potential by as much as 30% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 15% above the average. Conversely, Loan Underwriter positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Loan Underwriter IV as a support function rather than a direct revenue driver.

The top paying industry for a Loan Underwriter IV

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Business Services$119,340$57.015%

Loan Underwriter IV Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Underwriter IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$95,884
Average $103,774/year
$109,807
$7,990
Average $8,648/month
$9,151
$1,844
Average $1,996/week
$2,112
$46
Average $50/hour
$53
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $109,807 $9,151 $2,112 $53
Average $103,774 $8,648 $1,996 $50
25th Percentile $95,884 $7,990 $1,844 $46

Loan Underwriter IV Salary Growth & Career Path

Loan Underwriter IV

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Loan Underwriter IV, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Mortgage Underwriting Manager $111,119 7%
Loan Underwriting Supervisor $95,495 -8%

Most common benefits for Loan Underwriter IV

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Loan Underwriter IV

Here are companies hiring for Loan Underwriter IV and their salaries, click below for more details.

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FAQ about Loan Underwriter IV

1. Where can a Loan Underwriter IV earn the most?

A Loan Underwriter IV's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Loan Underwriter IV earns the most in San Jose, CA, where the annual salary of a Loan Underwriter IV is $130,890.

2. What is the highest pay for Loan Underwriter IV?

The highest pay for Loan Underwriter IV is $115,300.

3. What is the lowest pay for Loan Underwriter IV?

The lowest pay for Loan Underwriter IV is $88,701.

4. What are the responsibilities of Loan Underwriter IV?

Evaluates the risk of loan and credit applications against the firm's objectives and borrowing guidelines using analysis and assessment of creditworthiness criteria. Reviews the applicant's financial status, documents, data, and applicable collateral. Makes approval, rejection, or modification decisions based on underwriting guidelines and established approval limits. May present to a loan committee. Defines the loan structure consisting of interest rates, repayment terms, and allowed loan amounts. Complies with all federal regulations, state laws, and internal policies related to lending. Responds to inquiries from internal and external stakeholders. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience.

5. What industry pays the highest salary for Loan Underwriter IV?

The Business Services industry offers the highest average compensation for Loan Underwriter IV roles, with salaries approximately 15% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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