As of April 01, 2025, the average annual salary for a Loan Underwriting Manager I in Tennessee is $98,765. Salary.com reports that pay typically ranges from $91,404 to $111,410, with most professionals earning between $84,703 and $122,923.
| 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 $96,019. With less than 2 years of experience, a mid-level Loan Underwriting Manager I makes around $96,348. After 2-4 years, the Loan Underwriting Manager I pay rises to about $97,117. Those senior Loan Underwriting Manager I with 5-8 years of experience earn roughly $97,996, and those Loan Underwriting Manager I having 8 years or more experience are expected to earn about $100,087 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriting Manager I | $96,019 |
| Intermediate Level Loan Underwriting Manager I | $96,348 |
| Senior Level Loan Underwriting Manager I | $97,117 |
| Specialist Level Loan Underwriting Manager I | $97,996 |
| Expert Level Loan Underwriting Manager I | $100,087 |
| Entry Level | 9% |
| Mid Level | 9% |
| Senior Level | 8% |
| Top Level | 7% |
| Experienced | 5% |
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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%
|
