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Loan Underwriting Supervisor Salary in the United States

How much does a Loan Underwriting Supervisor make in the United States?

As of August 01, 2026, the average salary for a Loan Underwriting Supervisor in the United States is $95,495 per year, which breaks down to an hourly rate of $46.

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

  • Top Earners (90th percentile): $101,425
  • Majority Range (25th-75th percentile): $93,763 to $98,599
  • Entry-Level (10th percentile): $92,186
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Loan Underwriting Supervisor Salaries

A Loan Underwriting Supervisor'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, education and company size can directly affect your earning potential.

How Experience Level Affects Loan Underwriting Supervisor Salaries?

Experience is a primary driver of a Loan Underwriting Supervisor'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 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
  • Loan Underwriting Manager II (7+ years): $139,873
Job Role Years of Experience Average Salary
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
Loan Underwriting Manager II7+ years$139,873
View as Graph

How Do Loan Underwriting Supervisors 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 Underwriting Supervisors. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $105,732.
  • California: $105,331.
  • Massachusetts: $103,927.

Top Paying Cities for Loan Underwriting Supervisor

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: $120,448
  • San Francisco: $119,129
  • Oakland: $116,618

What Skills Can Increase a Loan Underwriting Supervisor's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 6.8% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Microsoft Office (Mentioned in 1.62% Job Postings): Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
  • Credit Card (Mentioned in 0.97% Job Postings): A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.
Skills Demand Percentage
Analysis 6.8%
Microsoft Office 1.62%
Credit Card 0.97%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Underwriting Supervisor's salary.

  • Process Improvement: Can increase your salary by up to 51%.
  • Communicates Effectively: Can increase your salary by up to 13%.
  • Attention to Detail: Can increase your salary by up to 9%.
Skill Salary Salary % Increase
Process Improvement $144,197
51%
Communicates Effectively $107,909
13%
Attention to Detail $104,090
9%
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Loan Underwriting Supervisor Salary by Company Size: Startups vs. Enterprise

Loan Underwriting Supervisor salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $101,742. While startup companies pay approximate $86,394.

Loan Underwriting Supervisor Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $86,394
Growth Stage 51~500 $91,297
Established 501~5000 $98,341
Enterprise 5000+ $101,742

Loan Underwriting Supervisor Salary by Industry: Top Paying Sectors

For Loan Underwriting Supervisor roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 20% above the average. Conversely, Loan Underwriting Supervisor positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Loan Underwriting Supervisor as a support function rather than a direct revenue driver.

The top paying industry for a Loan Underwriting Supervisor

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Business Services$114,594$55.020%

How Education impacts an Loan Underwriting Supervisor's Salary?

Your level of education can impact your salary potential. While many Loan Underwriting Supervisor enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Loan Underwriting Supervisor with a Bachelor's Degree is between $96,276 and $105,315.

Loan Underwriting Supervisor Salaries by Degree Level

Typical Education for Loan Underwriting Supervisor
Degree Level % of user with this level of education
No Diploma 30.4%
High School 30.4%
Associates 8.7%
Bachelors 47.8%
Masters 13.0%
Doctorate 0.0%
View as Graph

Loan Underwriting Supervisor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Underwriting Supervisor'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
$93,763
Average $95,495/year
$98,599
$7,814
Average $7,958/month
$8,217
$1,803
Average $1,836/week
$1,896
$45
Average $46/hour
$47
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $98,599 $8,217 $1,896 $47
Average $95,495 $7,958 $1,836 $46
25th Percentile $93,763 $7,814 $1,803 $45

Loan Underwriting Supervisor Salary Growth & Career Path

Loan Underwriting Supervisor

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Loan Underwriting Supervisor, 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 16%
Loan Underwriting Manager I $106,519 12%

Most common benefits for Loan Underwriting Supervisor

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

Common company salaries for Loan Underwriting Supervisor

Here are companies hiring for Loan Underwriting Supervisor and their salaries, click below for more details.

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FAQ about Loan Underwriting Supervisor

1. Where can a Loan Underwriting Supervisor earn the most?

A Loan Underwriting Supervisor'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 Underwriting Supervisor earns the most in San Jose, CA, where the annual salary of a Loan Underwriting Supervisor is $120,448.

2. What is the highest pay for Loan Underwriting Supervisor?

The highest pay for Loan Underwriting Supervisor is $101,425.

3. What is the lowest pay for Loan Underwriting Supervisor?

The lowest pay for Loan Underwriting Supervisor is $92,186.

4. What are the responsibilities of Loan Underwriting Supervisor?

Supervises the daily operations of an underwriting unit that 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. Escalates non-conforming loans that require a higher level of approval review using an exception process. Requires a bachelor's degree. Typically reports to a manager. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.

5. What industry pays the highest salary for Loan Underwriting Supervisor?

The Business Services industry offers the highest average compensation for Loan Underwriting Supervisor roles, with salaries approximately 20% 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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