The salary of a Loan Underwriting Supervisor in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of April 01, 2025, the average annual salary for a Loan Underwriting Supervisor in the United States is $90,160. Salary.com reports that pay typically ranges from $74,171 to $97,260, with most professionals earning between $59,614 and $103,724.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $97,260 | $8,105 | $1,870 | $47 |
| Average | $90,160 | $7,513 | $1,734 | $43 |
| 25th Percentile | $74,171 | $6,181 | $1,426 | $36 |
An entry-level Loan Underwriting Supervisor with less than 1 year of experience earns about $84,194. With 1-2 years of experience, the average salary increases to $84,910. For 2-4 years of experience, the pay typically rises to $87,296. Senior-level professionals with 5-8 years of experience earn around $90,160, and those with over 8 years of experience can expect an average of $91,961.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriting Supervisor | $84,194 |
| Intermediate Level Loan Underwriting Supervisor | $84,910 |
| Senior Level Loan Underwriting Supervisor | $87,296 |
| Specialist Level Loan Underwriting Supervisor | $90,160 |
| Expert Level Loan Underwriting Supervisor | $91,961 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 3% |
| Top Level | 0% |
| Experienced | 2% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Loan Underwriting Supervisor compensation over the past six years. For example, the median salary increased from $67,238 in 2023 to approximately $67,448 in 2024. (For a detailed analysis of Loan Underwriting Supervisor salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Loan Underwriting Supervisor information for you to search for. Click on search button below to see Loan Underwriting Supervisor job openings or enter a new job title here.
Here are companies hiring for Loan Underwriting Supervisor and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $90,160 | 72.6% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $6,897 | 5.6% | ||
| 401K/403B | $4,238 | 3.4% | ||
| Disability | $721 | 0.6% | ||
| Healthcare | $6,056 | 4.9% | ||
| Pension | $4,959 | 4.0% | ||
| Time Off | $11,097 | 8.9% | ||
| Total Compensation | $124,127 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 30.4% |
| Associates | 8.7% |
| Bachelors | 47.8% |
| Masters | 13.0% |
What Am I Worth?
The average annual salary of Loan Underwriting Supervisor is $90,160. In case you are finding an easy salary calculator, the average hourly pay of Loan Underwriting Supervisor is $43; the average weekly pay of Loan Underwriting Supervisor is $1,734; the average monthly pay of Loan Underwriting Supervisor is $7,513.
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 $113,719.
The highest pay for Loan Underwriting Supervisor is $103,724.
The lowest pay for Loan Underwriting Supervisor is $59,614.
Supervises underwriting operations and oversees the loan application review process to determine loan eligibility and terms. Coordinates the day-to-day activities of the underwriting team to ensure that loan screening is conducted timely, accurately, and in compliance with all regulations. Provides loan options or product recommendations based on qualifications and keeps the team updated and informed of new products, regulations, or product changes. Assists customers through the loan process by researching and answering complex or unique customer inquiries, clarifying details, and coordinating with internal parties. 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.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Credit Management: Granting and paying credit within the defined payment terms and conditions to improve the revenue and profit of the company.
Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.
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.
