How much does a Loan Underwriter III make in Columbus, OH? The average Loan Underwriter III salary in Columbus, OH is $86,270 as of February 26, 2024, but the range typically falls between $74,002 and $97,482. 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 III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter III Salary $62,832 Columbus,OH February 26, 2024
25th Percentile Loan Underwriter III Salary $74,002 Columbus,OH February 26, 2024
50th Percentile Loan Underwriter III Salary $86,270 Columbus,OH February 26, 2024
75th Percentile Loan Underwriter III Salary $97,482 Columbus,OH February 26, 2024
90th Percentile Loan Underwriter III Salary $107,690 Columbus,OH February 26, 2024
25% $74,002 10% $62,832 90% $107,690 75% $97,482 $86,270 50%(Median) Didn’t find job title? Click
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What skills does a Loan Underwriter III 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 18.78%
Microsoft Office 2.14%
Commercial Banking 1.04%
Others 78.04%

Job Description for Loan Underwriter III

Loan Underwriter III 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 III 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 III typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Loan Underwriter III typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Underwriter III in Columbus, OH

Career Path for Loan Underwriter III

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 III, the upper level is Loan Underwriter IV and then progresses to Loan Underwriting Supervisor.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Loan Underwriter III salary varies from city to city. Compared with national average salary of Loan Underwriter III, the highest Loan Underwriter III salary is in San Francisco, CA, where the Loan Underwriter III salary is 25.0% above. The lowest Loan Underwriter III salary is in Miami, FL, where the Loan Underwriter III 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%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Loan Underwriter III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
74002
97482
86270

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
78062
106473
92793
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter III in Columbus, OH. The base salary for Loan Underwriter III ranges from $74,002 to $97,482 with the average base salary of $86,270. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $78,062 to $106,473 with the average total cash compensation of $92,793.
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74002
97482

 

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About Columbus, Ohio    The confluence of the Scioto and Olentangy rivers occurs just north-west of Downtown Columbus. Several smaller tributaries course through the Columbus....More

Columbus, Ohio  area prices were up 1.3% from a year ago    View the Cost of Living in Columbus, Ohio

Loan Underwriter III Salary in popular cities: ClevelandCincinnatiToledo

Skills associated with Loan Underwriter III: Credit Analysis, Loan Authorization, Data Collection, Risk Assessment ...More

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