Commercial Loan Underwriter Salaries in the United States
How Much Does a Commercial Loan Underwriter Make?
Updated March 26, 2024
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- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
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- Nebraska
- New Hampshire
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- New Mexico
- Nevada
- New York
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Individually reported data submitted by users of our website
Normal Confidence
$97,701/yr
Average Base Pay
Low $81,211
Average $97,701
High $110,777
The average salary for Commercial Loan Underwriter is $97,701 per year in the United States.
Related Job Titles to Commercial Loan Underwriter
Similar Job Salaries to Commercial Loan Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Oak Valley Community Bank
Commercial Loan Underwriter
|
$121,376/yr
|
RANGE: $101,178 - $141,575
|
|
ESSA Bank and Trust
Commercial Loan Underwriter
|
$127,554/yr
|
RANGE: $106,430 - $148,678
|
|
Grand Pacific Financing Corp.
Commercial Real Estate Loan Underwriter
|
$146,665/yr
|
RANGE: $116,149 - $177,182
|
|
Fort Liberty Federal Credit Union
Loan Underwriter
|
$50,071/yr
|
RANGE: $43,272 - $56,869
|
|
FIRST COMMUNITY CREDIT UNION
Loan Underwriter
|
$50,658/yr
|
RANGE: $43,793 - $57,523
|
|
Contour Mortgage
Loan Underwriter
|
$78,060/yr
|
RANGE: $66,403 - $89,716
|
|
Shore United Bank
Commercial Underwriter
|
$87,470/yr
|
RANGE: $77,140 - $97,801
|
|
Agility 360
Commercial Underwriter
|
$96,055/yr
|
RANGE: $80,933 - $111,178
|
|
Univest Financial Corporation
Commercial Underwriter
|
$84,951/yr
|
RANGE: $73,393 - $96,510
|
What Does a Commercial Loan Underwriter Do?
Commercial underwriters typically work daytime business hours with paid holidays off, and primarily report to the loan department manager.
Updated December 19, 2021
Commercial underwriters are problem-solvers with an eye for detail and excellent customer service skills who process complex loan applications and create comprehensive loan agreements.
Updated December 18, 2021
To ensure a strong loan portfolio, commercial real estate underwriters need an in-depth understanding of asset performance early in the acquisition process.
Updated December 14, 2021
– commercial underwriters frequently use Microsoft Office, spreadsheets, and other software programs, all of which require computer skills.
Updated December 13, 2021
Some travel is required, as commercial underwriters may travel to meet with current and potential clients to discuss the details of financial agreements.
Updated December 06, 2021
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Explore JobArchitectFrequently Asked Questions About a Commercial Loan Underwriter Salaries
What is the average of a Commercial Loan Underwriter in the United States?
The Commercial Loan Underwriter salary range is from $81,211 to $110,777, and the average Commercial Loan Underwriter salary is $97,701/year in the United States.
The Commercial Loan Underwriter's salary will change in different locations.
Which location pays the highest Commercial Loan Underwriter salary in the United States?
The Commercial Loan Underwriter salary in San Jose, CA is $122,614
which is the highest in the US.
What kinds of reasons will influence the Commercial 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 Commercial Loan Underwriter.
What is the growth rate of the Commercial Loan Underwriter's salary?
If you are thinking of becoming a Commercial Loan Underwriter or planning the next step in your career, find the detailed salary report of a Commercial Loan Underwriter.
Recent Salary Report
Below are the most recent Commercial Loan Underwriter salary reports. Employer name has been removed to protect anonymity.
$54
Hourly
A Commercial Loan Underwriter in Little Rock, AR reported making $54 per hour
Little Rock, AR
3,000 - 7,6 employees
Part-Time
Company - Public
$41
Hourly
A Commercial Loan Underwriter in Milford, CT reported making $41 per hour
Milford, CT
7,6 - 15,000 employees
Part-Time
Company - Public
$5,794
Monthly
A Commercial Loan Underwriter in Nampa, ID reported making $5,794 per month
Nampa, ID
1,000 - 3,000 employees
Full-Time
Company - Public
$109,543
Yearly
A Commercial Loan Underwriter in Manhattan, KS reported making $109,543 per year
Manhattan, KS
100 - 200 employees
Full-Time
Company - Private
$73,196
Yearly
A Commercial Loan Underwriter in Stratford, CT reported making $73,196 per year
Stratford, CT
200 - 6 employees
Full-Time
Company - Private
$110,777
Yearly
A Commercial Loan Underwriter in Plymouth, MA reported making $110,777 per year
Plymouth, MA
6 - 1,000 employees
Full-Time
Company - Private
