Commercial Loan Underwriter Salaries in Cologne, MN
How Much Does a Commercial Loan Underwriter Make in Cologne, MN?
Updated September 01, 2024
As of September 01, 2024,
the average annual pay of Commercial Loan Underwriter in Cologne, MN is $103,810.
While Salary.com is seeing that Commercial Loan Underwriter salary in Cologne, MN can go up to $130,352
or down to $70,330, but most earn between $86,286 and $117,703.
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
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Similar Job Salaries to Commercial Loan Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Auto-Owners Insurance Company
Commercial Lines Underwriter
|
$92,831/yr
|
RANGE: $79,787 - $105,876
|
|
Securian Financial Group
Commercial Mortgage Loan Closer
|
$110,789/yr
|
RANGE: $92,648 - $128,931
|
|
Home State Bank
Commercial Loan Assistant
|
$58,413/yr
|
RANGE: $49,364 - $67,461
|
|
Blaze Credit Union
Commercial Loan Servicing Specialist
|
$63,391/yr
|
RANGE: $53,486 - $73,296
|
|
SouthPoint Financial Credit Union
Commercial Loan Processor
|
$65,633/yr
|
RANGE: $56,147 - $75,119
|
|
Versique Search & Consulting
Senior Commercial Credit Underwriter (ID:44190)
|
$113,800/yr
|
RANGE: $93,771 - $133,829
|
|
Get It Recruit - Real Estate
Senior Commercial Underwriter - Risk Assessment & Agent Relations
|
$93,727/yr
|
RANGE: $79,952 - $107,503
|
|
Polikov Recruitment Solutions
Commercial E&S Underwriter (100% work-from-home)
|
$89,457/yr
|
RANGE: $77,465 - $101,449
|
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 Cologne, MN?
The Commercial Loan Underwriter salary range is from $86,286 to $117,703, and the average Commercial Loan Underwriter salary is $103,810/year in Cologne, MN.
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 $123,842
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.
