As of April 01, 2025, the average annual salary for a Loan Underwriting Manager II in Iowa is $147,450. Salary.com reports that pay typically ranges from $125,026 to $166,556, with most professionals earning between $104,609 and $183,952.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $174,040 | $14,503 | $3,347 | $84 |
| Average | $154,075 | $12,840 | $2,963 | $74 |
| 25th Percentile | $130,643 | $10,887 | $2,512 | $63 |
An entry-level Loan Underwriting Manager II with under 1 year experience makes about $131,900. With less than 2 years of experience, a mid-level Loan Underwriting Manager II makes around $133,880. After 2-4 years, the Loan Underwriting Manager II pay rises to about $136,519. Those senior Loan Underwriting Manager II with 5-8 years of experience earn roughly $140,479, and those Loan Underwriting Manager II having 8 years or more experience are expected to earn about $145,429 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriting Manager II | $131,900 |
| Intermediate Level Loan Underwriting Manager II | $133,880 |
| Senior Level Loan Underwriting Manager II | $136,519 |
| Specialist Level Loan Underwriting Manager II | $140,479 |
| Expert Level Loan Underwriting Manager II | $145,429 |
| Entry Level | 14% |
| Mid Level | 13% |
| Senior Level | 11% |
| Top Level | 9% |
| Experienced | 6% |
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Loan Underwriting Manager II salary varies from city to city. Compared with national average salary of Loan Underwriting Manager II, the highest Loan Underwriting Manager II salary is in San Francisco, CA, where the Loan Underwriting Manager II salary is 24.9% above. The lowest Loan Underwriting Manager II salary is in Miami, FL, where the Loan Underwriting Manager II salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $192,425 |
24.9%
|
| Washington, DC | $170,592 |
10.7%
|
| Miami, FL | $148,035 |
|
| Chicago, IL | $159,221 |
3.3%
|
| Boston, MA | $171,840 |
11.5%
|
| New York, NY | $178,558 |
15.9%
|
