How Much Does a Business Loan Underwriter Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Low Confidence
$62,806/yr
Average Base Pay
Low $55,533
Average $62,806
High $73,204
The average salary for Business Loan Underwriter is $62,806 per year in the United States.

Related Job Titles to Business Loan Underwriter

Loan Underwriter IV
$102,563
US
Per Year
Loan Underwriter
$60,091
US
Per Year
Auto Loan Underwriter
$64,238
US
Per Year
Consumer Loan Underwriter
$53,927
US
Per Year

Similar Job Salaries to Business Loan Underwriter by Company

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Company average base salary in (usd) range
Arizona Financial Credit Union
SBA Loan Underwriter II
$95,820/yr
$80,870
$110,770
RANGE: $80,870 - $110,770
Altaone Federal Credit Union
Consumer Loan Underwriter
$56,796/yr
$50,008
$63,584
RANGE: $50,008 - $63,584
ESSA Bank and Trust
Commercial Loan Underwriter
$127,554/yr
$106,430
$148,678
RANGE: $106,430 - $148,678
TEG Federal Credit Union
Consumer Loan Underwriter
$59,038/yr
$51,724
$66,351
RANGE: $51,724 - $66,351
G&A Partners
SBA Sr. Loan Underwriter
$72,773/yr
$61,290
$84,256
RANGE: $61,290 - $84,256
Southern Insurance Underwriters Inc
New Business Underwriter
$92,141/yr
$79,063
$105,220
RANGE: $79,063 - $105,220
Alerus
Business Banking Credit Underwriter
$73,625/yr
$61,850
$85,399
RANGE: $61,850 - $85,399
Berkley
Small Business Underwriter
$68,218/yr
$59,208
$77,229
RANGE: $59,208 - $77,229
Westfield
Small Business Underwriter
$66,489/yr
$57,707
$75,270
RANGE: $57,707 - $75,270
Equity Bank
Consumer and Small Business Underwriter
$78,603/yr
$67,456
$89,750
RANGE: $67,456 - $89,750

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 the United States?

The Business Loan Underwriter salary range is from $55,533 to $73,204, and the average Business Loan Underwriter salary is $62,806/year in the United States. 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.

Recent Salary Report

Below are the most recent Business Loan Underwriter salary reports. Employer name has been removed to protect anonymity.

$30 Hourly
A Business Loan Underwriter in Twin Falls, ID reported making $30 per hour
Twin Falls, ID
3,000 - 7,6 employees
Part-Time
Company - Public
$63,652 Yearly
A Business Loan Underwriter in Columbia, MD reported making $63,652 per year
Columbia, MD
200 - 6 employees
Full-Time
Company - Private
$35 Hourly
A Business Loan Underwriter in Fremont, NE reported making $35 per hour
Fremont, NE
7,6 - 15,000 employees
Part-Time
Company - Public
$55,533 Yearly
A Business Loan Underwriter in Bloomington, IN reported making $55,533 per year
Bloomington, IN
6 - 1,000 employees
Full-Time
Company - Private
$68,428 Yearly
A Business Loan Underwriter in Carrollton, TX reported making $68,428 per year
Carrollton, TX
100 - 200 employees
Full-Time
Company - Private
$5,930 Monthly
A Business Loan Underwriter in Jefferson, CO reported making $5,930 per month
Jefferson, CO
1,000 - 3,000 employees
Full-Time
Company - Public