How Much Does a Business Loan Underwriter Make in Massachusetts?

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

Low Confidence
$68,333/yr
Average Base Pay
Low $60,420
Average $68,333
High $79,646
The average salary for Business Loan Underwriter is $68,333 per year in Massachusetts.

Related Job Titles to Business Loan Underwriter

Loan Underwriter IV
$111,588
Massachusetts
Per Year
Loan Underwriter
$65,379
Massachusetts
Per Year
Auto Loan Underwriter
$69,891
Massachusetts
Per Year
Consumer Loan Underwriter
$58,672
Massachusetts
Per Year

Similar Job Salaries to Business Loan Underwriter by Company

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Company average base salary in (usd) range
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Business Banking Loan Assistant
$63,048/yr
$54,628
$71,467
RANGE: $54,628 - $71,467
Salem Five Bank
Business Banking Loan Assistant
$62,613/yr
$54,379
$70,846
RANGE: $54,379 - $70,846
Sun Life
Underwriter
$92,076/yr
$79,347
$104,806
RANGE: $79,347 - $104,806
$88,286/yr
$75,155
$101,417
RANGE: $75,155 - $101,417
AmWINS Group, Inc
Underwriter
$107,106/yr
$90,332
$123,880
RANGE: $90,332 - $123,880
The Smith Companies. Ltd
Life Insurance New Business Case Manager/Field Underwriter
$291,387/yr
$230,103
$352,670
RANGE: $230,103 - $352,670
Winchester Cooperative Bank
Mortgage Underwriter
$82,525/yr
$67,872
$97,179
RANGE: $67,872 - $97,179
Jimcor Agency Inc.
Underwriter, Boston
$86,573/yr
$74,604
$98,542
RANGE: $74,604 - $98,542
SAFETY INSURANCE COMPANY
Commercial Underwriter
$75,456/yr
$65,932
$84,980
RANGE: $65,932 - $84,980
Chubb External
Executive Underwriter
$93,022/yr
$81,805
$104,239
RANGE: $81,805 - $104,239

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

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 Massachusetts. 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 Massachusetts. Boston takes first place in this list, followed by Cambridge, Waltham. The Business Loan Underwriter salary is $70,406 in Boston, which is higher than the national average. There are 36 cities' Business Loan Underwriter salary higher than national average in Massachusetts.
The average salary for a Business Loan Underwriter in Massachusetts is $68,333, but we found that the city with the highest salary for Business Loan Underwriter jobs is Boston, MA, and it is higher than Cambridge. Business Loan Underwriter jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boston $70,406 $5,867 $1,354 $34
Cambridge $70,406 $5,867 $1,354 $34
Waltham $70,406 $5,867 $1,354 $34
Newton $70,406 $5,867 $1,354 $34
Arlington $70,406 $5,867 $1,354 $34
Brookline $70,406 $5,867 $1,354 $34
Lynn $70,406 $5,867 $1,354 $34
Malden $70,406 $5,867 $1,354 $34
Medford $70,406 $5,867 $1,354 $34
Quincy $70,406 $5,867 $1,354 $34

What Does a Business Loan Underwriter Do?

Many borrowers have a ‘conditional approval’ ahead of the ‘final approval,’ so don’t be astonished in the event your home loan underwriter has some questions regarding your financial predicament.
Updated October 19, 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 Massachusetts?

The Business Loan Underwriter salary range is from $60,420 to $79,646, and the average Business Loan Underwriter salary is $68,333/year in Massachusetts. 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.