As of December 01, 2024, the average annual pay of Loan Underwriter IV in NM is $95,494. While Salary.com is seeing that the highest pay for Loan Underwriter IV in New Mexico can go up to $120,691 and the lowest down to $69,867, but most earn between $82,080 and $108,683. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter IV in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $117,877 | $9,823 | $2,267 | $57 |
| Average | $103,572 | $8,631 | $1,992 | $50 |
| 25th Percentile | $89,023 | $7,419 | $1,712 | $43 |
An entry-level Loan Underwriter IV with under 1 year experience makes about $89,013. With less than 2 years of experience, a mid-level Loan Underwriter IV makes around $90,008. After 2-4 years, the Loan Underwriter IV pay rises to about $91,601. Those senior Loan Underwriter IV with 5-8 years of experience earn roughly $93,592, and those Loan Underwriter IV having 8 years or more experience are expected to earn about $96,944 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriter IV | $89,013 |
| Intermediate Level Loan Underwriter IV | $90,008 |
| Senior Level Loan Underwriter IV | $91,601 |
| Specialist Level Loan Underwriter IV | $93,592 |
| Expert Level Loan Underwriter IV | $96,944 |
| Entry Level | 14% |
| Mid Level | 13% |
| Senior Level | 12% |
| Top Level | 10% |
| Experienced | 6% |
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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 | $129,466 |
25.0%
|
| Washington, DC | $115,276 |
11.3%
|
| Miami, FL | $99,947 |
|
| Chicago, IL | $108,647 |
4.9%
|
| Boston, MA | $116,105 |
12.1%
|
| New York, NY | $120,973 |
16.8%
|
