How much does a Loan Underwriter II make in Delaware? The average Loan Underwriter II salary in Delaware is $74,293 as of February 26, 2024, but the range typically falls between $64,223 and $84,283. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Loan Underwriter II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter II Salary $55,054 DE February 26, 2024
25th Percentile Loan Underwriter II Salary $64,223 DE February 26, 2024
50th Percentile Loan Underwriter II Salary $74,293 DE February 26, 2024
75th Percentile Loan Underwriter II Salary $84,283 DE February 26, 2024
90th Percentile Loan Underwriter II Salary $93,378 DE February 26, 2024
25% $64,223 10% $55,054 90% $93,378 75% $84,283 $74,293 50%(Median) Didn’t find job title? Click
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What skills does a Loan Underwriter II need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Microsoft Office: 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.

3.

Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).

Analysis 7.84%
Microsoft Office 0.9%
Commercial Banking 0.43%
Others 90.83%

Job Description for Loan Underwriter II

Loan Underwriter II reviews loan applications and related documentation to determine loan eligibility and terms. Analyzes financial information provided and collects additional documentation as necessary. Being a Loan Underwriter II provides loan options, terms, or other product recommendations based on qualifications. Assists customers through the loan process by researching and answering customer inquiries, clarifying details, and coordinating with internal parties. Additionally, Loan Underwriter II typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Loan Underwriter II typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Underwriter II in Delaware

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Location Avg. Salary Date Updated
Location Bear, DE Avg. Salary $76,279 Date Updated February 26, 2024
Location Delaware City, DE Avg. Salary $76,308 Date Updated February 26, 2024
Location Harrington, DE Avg. Salary $76,955 Date Updated February 26, 2024
Location Lewes, DE Avg. Salary $76,955 Date Updated February 26, 2024
Location Middletown, DE Avg. Salary $76,319 Date Updated February 26, 2024
Location Milford, DE Avg. Salary $76,955 Date Updated February 26, 2024
Location Rehoboth Beach, DE Avg. Salary $77,248 Date Updated February 26, 2024
Location Seaford, DE Avg. Salary $75,679 Date Updated February 26, 2024
Location Smyrna, DE Avg. Salary $76,398 Date Updated February 26, 2024
Location Bethany Beach, DE Avg. Salary $77,248 Date Updated February 26, 2024

Career Path for Loan Underwriter II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Underwriter II, the upper level is Loan Underwriter III and then progresses to Loan Underwriter IV.

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Loan Underwriter II Salary in Delaware
Loan Underwriter II Salary Graph, Regional Distribution and Summary