As of April 01, 2025, the average annual salary for a Loan Underwriting Manager I in New Jersey is $114,555. Salary.com reports that pay typically ranges from $106,017 to $129,221, with most professionals earning between $98,244 and $142,574.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $119,219 | $9,935 | $2,293 | $57 |
| Average | $105,688 | $8,807 | $2,032 | $51 |
| 25th Percentile | $97,811 | $8,151 | $1,881 | $47 |
An entry-level Loan Underwriting Manager I with under 1 year experience makes about $111,369. With less than 2 years of experience, a mid-level Loan Underwriting Manager I makes around $111,752. After 2-4 years, the Loan Underwriting Manager I pay rises to about $112,644. Those senior Loan Underwriting Manager I with 5-8 years of experience earn roughly $113,663, and those Loan Underwriting Manager I having 8 years or more experience are expected to earn about $116,088 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriting Manager I | $111,369 |
| Intermediate Level Loan Underwriting Manager I | $111,752 |
| Senior Level Loan Underwriting Manager I | $112,644 |
| Specialist Level Loan Underwriting Manager I | $113,663 |
| Expert Level Loan Underwriting Manager I | $116,088 |
| Entry Level | 5% |
| Mid Level | 6% |
| Senior Level | 7% |
| Top Level | 8% |
| Experienced | 10% |
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Loan Underwriting Manager I salary varies from city to city. Compared with national average salary of Loan Underwriting Manager I, the highest Loan Underwriting Manager I salary is in San Francisco, CA, where the Loan Underwriting Manager I salary is 24.9% above. The lowest Loan Underwriting Manager I salary is in Miami, FL, where the Loan Underwriting Manager I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $131,994 |
24.9%
|
| Washington, DC | $117,018 |
10.7%
|
| Miami, FL | $101,545 |
|
| Chicago, IL | $109,218 |
3.3%
|
| Boston, MA | $117,874 |
11.5%
|
| New York, NY | $122,482 |
15.9%
|
