As of March 01, 2025, the average annual salary for a Loan Underwriting Manager I in New Mexico is $112,688. Salary.com reports that pay typically ranges from $95,270 to $128,468, with most professionals earning between $79,411 and $142,834.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $139,336 | $11,611 | $2,680 | $67 |
| Average | $122,221 | $10,185 | $2,350 | $59 |
| 25th Percentile | $103,329 | $8,611 | $1,987 | $50 |
An entry-level Loan Underwriting Manager I with under 1 year experience makes about $104,889. With less than 2 years of experience, a mid-level Loan Underwriting Manager I makes around $105,659. After 2-4 years, the Loan Underwriting Manager I pay rises to about $107,457. Those senior Loan Underwriting Manager I with 5-8 years of experience earn roughly $109,511, and those Loan Underwriting Manager I having 8 years or more experience are expected to earn about $112,938 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriting Manager I | $104,889 |
| Intermediate Level Loan Underwriting Manager I | $105,659 |
| Senior Level Loan Underwriting Manager I | $107,457 |
| Specialist Level Loan Underwriting Manager I | $109,511 |
| Expert Level Loan Underwriting Manager I | $112,938 |
| Entry Level | 14% |
| Mid Level | 14% |
| Senior Level | 12% |
| Top Level | 10% |
| Experienced | 8% |
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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 25.0% above. The lowest Loan Underwriting Manager I salary is in Miami, FL, where the Loan Underwriting Manager I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $152,776 |
25.0%
|
| Washington, DC | $136,032 |
11.3%
|
| Miami, FL | $117,943 |
|
| Chicago, IL | $128,210 |
4.9%
|
| Boston, MA | $137,010 |
12.1%
|
| New York, NY | $142,754 |
16.8%
|
