As of March 01, 2025, the average annual salary for a Loan Underwriter IV in Maryland is $107,618. According to Salary.com, salaries can range from a low of $78,736 to a high of $136,019, with most professionals earning between $92,500 and $122,484.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $118,801 | $9,900 | $2,285 | $57 |
| Average | $104,382 | $8,698 | $2,007 | $50 |
| 25th Percentile | $89,719 | $7,477 | $1,725 | $43 |
An entry-level Loan Underwriter IV with under 1 year experience makes about $99,536. With less than 2 years of experience, a mid-level Loan Underwriter IV makes around $100,649. After 2-4 years, the Loan Underwriter IV pay rises to about $102,430. Those senior Loan Underwriter IV with 5-8 years of experience earn roughly $104,657, and those Loan Underwriter IV having 8 years or more experience are expected to earn about $108,405 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriter IV | $99,536 |
| Intermediate Level Loan Underwriter IV | $100,649 |
| Senior Level Loan Underwriter IV | $102,430 |
| Specialist Level Loan Underwriter IV | $104,657 |
| Expert Level Loan Underwriter IV | $108,405 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 0% |
| Experienced | 4% |
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Loan Underwriter IV salary varies from city to city. Compared with national average salary of Loan Underwriter IV, the highest Loan Underwriter IV salary is in San Francisco, CA, where the Loan Underwriter IV salary is 25.0% above. The lowest Loan Underwriter IV salary is in Miami, FL, where the Loan Underwriter IV salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $130,477 |
25.0%
|
| Washington, DC | $116,177 |
11.3%
|
| Miami, FL | $100,729 |
|
| Chicago, IL | $109,497 |
4.9%
|
| Boston, MA | $117,012 |
12.1%
|
| New York, NY | $121,918 |
16.8%
|
