How Much Does a Business Loan Underwriter Make in Richmond, VA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Loan Underwriter in Richmond, VA is $62,605. While Salary.com is seeing that Business Loan Underwriter salary in Richmond, VA can go up to $82,413 or down to $48,751, but most earn between $55,353 and $72,973. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Loan Underwriter
Loan Underwriter IV
$100,164
Richmond, VA
Per Year
Loan Underwriter
$60,197
Richmond, VA
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Auto Loan Underwriter
$62,006
Richmond, VA
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Consumer Loan Underwriter
$54,211
Richmond, VA
Per Year
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Similar Job Salaries to Business Loan Underwriter by Company

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Company average base salary in (usd) range
JCW
Business Loan Underwriter
$69,636/yr
$62,732
$76,540
RANGE: $62,732 - $76,540
Berkley Aspire (a Berkley Company)
New Business Production E&S Underwriter
$66,724/yr
$60,460
$72,988
RANGE: $60,460 - $72,988
ICW Group
Business Development Underwriter Workers' Compensation (Virginia)
$74,738/yr
$67,543
$81,932
RANGE: $67,543 - $81,932
Sound Credit Union
SR Business Loan Underwriter / Credit Analyst
$86,943/yr
$79,423
$94,464
RANGE: $79,423 - $94,464
Vista National Bank & Trust
Loan Underwriter
$74,837/yr
$68,268
$81,405
RANGE: $68,268 - $81,405
PenFed Credit Union
Senior Business Analyst Auto Loan Products
$74,430/yr
$66,184
$82,675
RANGE: $66,184 - $82,675
JAMES RIVER MANAGEMENT CO INC
Associate Underwriter - Senior Underwriter
$82,210/yr
$74,840
$89,581
RANGE: $74,840 - $89,581
Total Warranty Services
Commercial Loan Underwriter
$100,681/yr
$88,076
$113,285
RANGE: $88,076 - $113,285
Volt Credit Union
Consumer Loan Underwriter
$56,575/yr
$50,380
$62,770
RANGE: $50,380 - $62,770
Sound Credit Union
Consumer Loan Underwriter
$69,003/yr
$61,447
$76,558
RANGE: $61,447 - $76,558

Open Business Loan Underwriter Jobs in Richmond, VA

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What Does a Business Loan Underwriter Do?

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
If you are looking to hire a professional for underwriting services, you can appoint a freelance Underwriter for assessing the degree of risk in an insurer’s business.
Updated December 02, 2021

Frequently Asked Questions About a Business Loan Underwriter Salaries

What is the average of a Business Loan Underwriter in Richmond, VA?

The Business Loan Underwriter salary range is from $55,353 to $72,973, and the average Business Loan Underwriter salary is $62,605/year in Richmond, VA. 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 $81,138 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.