How Much Does a Business Loan Underwriter Make in Alabama?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$57,719/yr
Average Base Pay
Low $51,035
Average $57,719
High $67,274
The average salary for Business Loan Underwriter is $57,719 per year in Alabama.

Related Job Titles to Business Loan Underwriter

Loan Underwriter IV
$94,255
Alabama
Per Year
Loan Underwriter
$55,223
Alabama
Per Year
Auto Loan Underwriter
$59,035
Alabama
Per Year
Consumer Loan Underwriter
$49,559
Alabama
Per Year

Similar Job Salaries to Business Loan Underwriter by Company

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Company average base salary in (usd) range
Altec Careers
Credit Underwriter
$70,863/yr
$61,892
$79,833
RANGE: $61,892 - $79,833
Berkley
Territory Underwriter
$76,073/yr
$65,723
$86,424
RANGE: $65,723 - $86,424
HSB
Production Underwriter
$69,639/yr
$60,164
$79,114
RANGE: $60,164 - $79,114
South Shore Insurance Underwriters
Associate Underwriter
$95,065/yr
$81,317
$108,814
RANGE: $81,317 - $108,814
Velocity Risk
Underwriter II / Senior Underwriter (hybrid/remote)
$290,051/yr
$227,263
$352,839
RANGE: $227,263 - $352,839
Berkley
Associate Underwriter I
$50,709/yr
$44,695
$56,722
RANGE: $44,695 - $56,722
South Shore Insurance Underwriters
Personal Lines Underwriter (Hybrid)
$82,986/yr
$67,831
$98,140
RANGE: $67,831 - $98,140
Berkley
Senior Underwriter, Excess Casualty
$144,089/yr
$116,418
$171,761
RANGE: $116,418 - $171,761
Old Republic Surety Company
Senior Underwriter - Contract Surety
$72,320/yr
$62,504
$82,136
RANGE: $62,504 - $82,136
Amwins Access Insurance Services, LLC
Underwriter Development Program
$110,687/yr
$93,761
$127,613
RANGE: $93,761 - $127,613

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Top 10 Highest Paying Cities For Business Loan Underwriter Jobs in Alabama

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Loan Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Loan Underwriter job salaries in Alabama. Some cities can pay higher salaries for Business Loan Underwriter jobs, which can indicate that there is a large demand for Business Loan Underwriter positions in this city.
The following table shows top 10 cities where the Business Loan Underwriter salary is higher than other cities in Alabama. Huntsville takes first place in this list, followed by Madison, Gadsden. The Business Loan Underwriter salary is $60,231 in Huntsville, which is lower than the national average. There is 0 city's Business Loan Underwriter salary higher than national average in Alabama.
The average salary for a Business Loan Underwriter in Alabama is $57,719, but we found that the city with the highest salary for Business Loan Underwriter jobs is Huntsville, AL, and it is higher than Madison. Business Loan Underwriter jobs in Huntsville can have the opportunity to earn higher salaries than in other cities in Alabama.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Huntsville $60,231 $5,019 $1,158 $29
Madison $60,231 $5,019 $1,158 $29
Gadsden $58,912 $4,909 $1,133 $28
Tuscaloosa $58,849 $4,904 $1,132 $28
Birmingham $58,661 $4,888 $1,128 $28
Tanner $58,410 $4,867 $1,123 $28
Decatur $58,221 $4,852 $1,120 $28
Mobile $57,844 $4,820 $1,112 $28
Montgomery $55,772 $4,648 $1,073 $27
Prattville $55,772 $4,648 $1,073 $27

What Does a Business Loan Underwriter Do?

Home loan underwriters are individuals used by the financial institution to review and evaluate your capability to settle the mortgage.
Updated October 16, 2021
A compact busine loan from an on-line loan provider, could possibly be an infinitely more sensible option—and is just about the first-choice loan selection for many businees today.
Updated December 22, 2021
Whether your personal loan is negative contour or their busine credit standing actually leaves a bit is wished for, there could be viable solutions to take a loan for your specific busine.
Updated December 19, 2021
In the event you can’t qualify for typical or alternate, or novice busine funding or you’re reluctant to be charged for the larger money expenditure aociated with this loans, crowdfunding might offer a non-traditional option to acce the busine money you want.
Updated December 12, 2021
Should your busine have different talents, like continuous profile receivable or secure every month money, your very own chances of being qualified for funding from an internet loan provider may augment.
Updated December 08, 2021

Frequently Asked Questions About a Business Loan Underwriter Salaries

What is the average of a Business Loan Underwriter in Alabama?

The Business Loan Underwriter salary range is from $51,035 to $67,274, and the average Business Loan Underwriter salary is $57,719/year in Alabama. The Business Loan Underwriter's salary will change in different locations.

Which location pays the highest Business Loan Underwriter salary in the United States?

The Business Loan Underwriter salary in San Jose, CA is $78,822 which is the highest in the US.

What kinds of reasons will influence the Business Loan Underwriter's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Loan Underwriter.

What is the growth rate of the Business Loan Underwriter's salary?

If you are thinking of becoming a Business Loan Underwriter or planning the next step in your career, find the detailed salary report of a Business Loan Underwriter.