How much does a Loan Underwriter II make in Loveland, CO? The average Loan Underwriter II salary in Loveland, CO is $71,237 as of February 26, 2024, but the range typically falls between $61,580 and $80,815. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Loan Underwriter II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter II Salary $52,789 Loveland,CO February 26, 2024
25th Percentile Loan Underwriter II Salary $61,580 Loveland,CO February 26, 2024
50th Percentile Loan Underwriter II Salary $71,237 Loveland,CO February 26, 2024
75th Percentile Loan Underwriter II Salary $80,815 Loveland,CO February 26, 2024
90th Percentile Loan Underwriter II Salary $89,536 Loveland,CO February 26, 2024
25% $61,580 10% $52,789 90% $89,536 75% $80,815 $71,237 50%(Median) Didn’t find job title? Click
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Underwriter - Corporate Banking

Central Pacific Bank - Honolulu, HI

Senior Loan Processor

Summit Lending - Huntington Beach, CA

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 Loveland, CO

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.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Loan Underwriter II salary varies from city to city. Compared with national average salary of Loan Underwriter II, the highest Loan Underwriter II salary is in San Francisco, CA, where the Loan Underwriter II salary is 25.0% above. The lowest Loan Underwriter II salary is in Miami, FL, where the Loan Underwriter II salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
61580
80815
71237

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
64859
88181
76142
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter II in Loveland, CO. The base salary for Loan Underwriter II ranges from $61,580 to $80,815 with the average base salary of $71,237. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $64,859 to $88,181 with the average total cash compensation of $76,142.
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61580
80815

 

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About Loveland, Colorado    Loveland is the Home Rule Municipality that is the second most populous municipality in Larimer County, Colorado, United States. Loveland is situated....More

Loveland, Colorado  area prices were up 2.3% from a year ago    View the Cost of Living in Loveland, Colorado

Loan Underwriter II Salary in popular cities: DenverColorado SpringsAurora

Skills associated with Loan Underwriter II: Banking Software, Credit Analysis, Banking Products, Loan Review ...More

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