How Much Does a Business Loan Underwriter Make in Virginia?

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

Low Confidence
$62,995/yr
Average Base Pay
Low $55,700
Average $62,995
High $73,423
The average salary for Business Loan Underwriter is $62,995 per year in Virginia.

Related Job Titles to Business Loan Underwriter

Loan Underwriter IV
$102,870
Virginia
Per Year
Loan Underwriter
$60,271
Virginia
Per Year
Auto Loan Underwriter
$64,431
Virginia
Per Year
Consumer Loan Underwriter
$54,088
Virginia
Per Year

Similar Job Salaries to Business Loan Underwriter by Company

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Company average base salary in (usd) range
Latino Economic Development Center
Small Business Loan Officer and Underwriter- Arlington, VA
$65,899/yr
$58,072
$73,726
RANGE: $58,072 - $73,726
Primis Bank
Small Business Underwriter
$136,947/yr
$112,320
$161,573
RANGE: $112,320 - $161,573
Primis Bank Opportunities
Small Business Underwriter
$145,122/yr
$118,962
$171,281
RANGE: $118,962 - $171,281
Utica National Insurance Group
Executive Commercial Lines Underwriter - New Business (Virginia)
$92,521/yr
$79,314
$105,727
RANGE: $79,314 - $105,727
Utica Mutual Insurance Company
Executive Commercial Lines Underwriter - New Business (Virginia)
$92,521/yr
$79,314
$105,727
RANGE: $79,314 - $105,727
Berkley
Underwriter
$102,033/yr
$88,386
$115,680
RANGE: $88,386 - $115,680
Utica Mutual Insurance Company
Commercial Lines Underwriter - Renewal Business (Carolinas, Virginia, Maryland)
$71,899/yr
$62,184
$81,613
RANGE: $62,184 - $81,613
JAMES RIVER MANAGEMENT CO INC
Associate Underwriter - Senior Underwriter
$83,762/yr
$71,922
$95,603
RANGE: $71,922 - $95,603
JAMES RIVER MANAGEMENT CO INC
Underwriter to Executive Underwriter (Environmental)
$79,250/yr
$68,467
$90,032
RANGE: $68,467 - $90,032

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

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 Virginia. 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 Virginia. Arlington takes first place in this list, followed by Alexandria, Annandale. The Business Loan Underwriter salary is $69,903 in Arlington, which is higher than the national average. There are 5 cities' Business Loan Underwriter salary higher than national average in Virginia.
The average salary for a Business Loan Underwriter in Virginia is $62,995, but we found that the city with the highest salary for Business Loan Underwriter jobs is Arlington, VA, and it is higher than Alexandria. Business Loan Underwriter jobs in Arlington can have the opportunity to earn higher salaries than in other cities in Virginia.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Arlington $69,903 $5,825 $1,344 $34
Alexandria $69,903 $5,825 $1,344 $34
Annandale $69,903 $5,825 $1,344 $34
Reston $69,778 $5,815 $1,342 $34
Centreville $69,652 $5,804 $1,339 $33
Richmond $61,110 $5,093 $1,175 $29
Petersburg $60,922 $5,077 $1,172 $29
Virginia State University $60,922 $5,077 $1,172 $29
Virginia Beach $60,043 $5,004 $1,155 $29
Newport News $59,477 $4,956 $1,144 $29

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 Virginia?

The Business Loan Underwriter salary range is from $55,700 to $73,423, and the average Business Loan Underwriter salary is $62,995/year in Virginia. 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.