Commercial Loan Underwriter Salaries in California
How Much Does a Commercial Loan Underwriter Make in California?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Commercial Loan Underwriter in California is $108,672.
While Salary.com is seeing that Commercial Loan Underwriter salary in CA can go up to $137,330
or down to $73,769, but most earn between $90,403 and $123,673.
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 Commercial Loan Underwriter
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Commercial Loan Underwriter by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Fresno First Bank
Commercial Loan Underwriter II
|
$98,983/yr
|
RANGE: $87,899 - $110,067
|
|
MRINetwork Jobs
Commercial Loan Underwriter
|
$111,886/yr
|
RANGE: $97,878 - $125,893
|
|
Liberty Mutual Insurance
Underwriter Commercial
|
$114,658/yr
|
RANGE: $104,404 - $124,911
|
|
MRISpokane
Commercial Underwriter
|
$67,436/yr
|
RANGE: $60,755 - $74,118
|
|
Exchange Bank
Commercial Underwriter
|
$83,375/yr
|
RANGE: $74,140 - $92,610
|
|
MRINetwork Jobs
SBA Loan Underwriter
|
$83,564/yr
|
RANGE: $76,230 - $90,899
|
|
Grand Pacific Financing Corp.
Mortgage Loan Underwriter
|
$78,560/yr
|
RANGE: $70,611 - $86,509
|
|
City National Bank
Mortgage Loan Underwriter Senior
|
$94,245/yr
|
RANGE: $86,331 - $102,159
|
|
ZHL Zillow Home Loans, LLC
Mortgage Loan Underwriter
|
$86,314/yr
|
RANGE: $76,951 - $95,676
|
|
R Bank Texas
Commercial Loan Underwriter
|
$123,798/yr
|
RANGE: $109,381 - $138,214
|
Top 10 Highest Paying Cities For Commercial Loan Underwriter Jobs in California
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Commercial 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 Commercial Loan Underwriter job salaries in California.
Some cities can pay higher salaries for Commercial Loan Underwriter jobs, which can indicate that there is a large demand for Commercial Loan Underwriter positions in this city.
The following table shows top 10 cities where the Commercial Loan Underwriter salary is higher than other cities in California.
San Jose takes first place in this list, followed by Santa Clara, Fremont.
The Commercial Loan Underwriter salary is $124,268 in San Jose,
which is higher than the national average. There are 76 cities' Commercial Loan Underwriter salary higher than national average in California.
The average salary for a Commercial Loan Underwriter in California is $108,672,
but we found that the city with the highest salary for Commercial Loan Underwriter jobs is San Jose, CA, and it is higher than Santa Clara.
Commercial Loan Underwriter jobs in San Jose can have the opportunity to earn higher salaries than in other cities in California.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| San Jose | $124,268 | $10,356 | $2,390 | $60 |
| Santa Clara | $124,268 | $10,356 | $2,390 | $60 |
| Fremont | $124,032 | $10,336 | $2,385 | $60 |
| San Francisco | $123,047 | $10,254 | $2,366 | $59 |
| Daly City | $123,047 | $10,254 | $2,366 | $59 |
| Berkeley | $120,317 | $10,026 | $2,314 | $58 |
| Oakland | $120,317 | $10,026 | $2,314 | $58 |
| Hayward | $120,120 | $10,010 | $2,310 | $58 |
| Antioch | $113,519 | $9,460 | $2,183 | $55 |
| Vallejo | $110,839 | $9,237 | $2,132 | $53 |
What Does a Commercial Loan Underwriter Do?
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
– get back to the basics with this book that covers the fundamentals of credit analysis and provides real-world tips for commercial underwriters.
Updated November 27, 2021
Commercial underwriters follow financial policies and guidelines at all times as set forth by the hiring financial institution.
Updated November 19, 2021
– use this commercial lending field guide to learn new strategies and techniques to maximize success with commercial loans of all types.
Updated November 05, 2021
Most employers seek commercial underwriters who have a bachelor’s degree in accounting, finance, or a similar field of study.
Updated October 23, 2021
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Commercial Loan Underwriter Salaries
What is the average of a Commercial Loan Underwriter in California?
The Commercial Loan Underwriter salary range is from $90,403 to $123,673, and the average Commercial Loan Underwriter salary is $108,672/year in California.
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 $124,268
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.
