How much does a Loan Underwriting Manager make in Hanceville, AL? The average Loan Underwriting Manager salary in Hanceville, AL is $136,958 as of May 28, 2024, but the range typically falls between $116,800 and $155,723. 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 Underwriting Manager Salary | $98,448 | Hanceville,AL | May 28, 2024 |
25th Percentile Loan Underwriting Manager Salary | $116,800 | Hanceville,AL | May 28, 2024 |
50th Percentile Loan Underwriting Manager Salary | $136,958 | Hanceville,AL | May 28, 2024 |
75th Percentile Loan Underwriting Manager Salary | $155,723 | Hanceville,AL | May 28, 2024 |
90th Percentile Loan Underwriting Manager Salary | $172,807 | Hanceville,AL | May 28, 2024 |
What Should I Pay?
Loan Underwriting Manager manages the loan application review process to determine loan eligibility and terms. Schedules and coordinates workload to ensure timely and accurate turnaround, and adequate staffing. Being a Loan Underwriting Manager provides loan options or product recommendations based on qualifications and stays informed on any new products, regulations, or product changes. Assists loan underwriters with complex or unique circumstances and trains the team on all regulatory guidance to ensure compliance. Additionally, Loan Underwriting Manager recommends improvements to the review process and general underwriting procedures to maximize efficiency. Requires a bachelor's degree. Typically reports to a director. The Loan Underwriting Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Loan Underwriting Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description
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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 Underwriting Manager, the first career path typically progresses to Top Consumer Credit Manager.
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Loan Underwriting Manager salary varies from city to city. Compared with national average salary of Loan Underwriting Manager, the highest Loan Underwriting Manager salary is in San Francisco, CA, where the Loan Underwriting Manager salary is 25.0% above. The lowest Loan Underwriting Manager salary is in Miami, FL, where the Loan Underwriting Manager salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Life Underwriting Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Life Underwriting Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Loan Underwriting Supervisor | Experience 3 + | EducationBachelors | Salary Compared to This Job |
Job Title Loan Underwriting Supervisor, Sr. | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriting Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Loan Underwriting Manager salary of your education level.
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About Hanceville, Alabama Hanceville is a city in Cullman County, Alabama, United States. At the 2010 census the population was 3,096. Hanceville is located in southeastern Cul....More
Hanceville, Alabama area prices were up 1.3% from a year ago View the Cost of Living in Hanceville, Alabama
Loan Underwriting Manager Salary in popular cities: Birmingham, Montgomery, Mobile
Skills associated with Loan Underwriting Manager: Loan Review, Inquiry Research/Response, Loan Underwriting, Banking Software ...More
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