Commercial Loan Underwriter Salary in Michigan

How much does a Commercial Loan Underwriter make in Michigan?

As of August 01, 2026, the average salary for a Commercial Loan Underwriter in Michigan is $96,677 per year, which breaks down to an hourly rate of $46.

However, a Commercial Loan Underwriter's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $117,741
Majority Range (25th-75th percentile): $81,786 to $107,703
Entry-Level (10th percentile): $68,229

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Commercial Loan Underwriter Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$107,703	$8,975	$2,071	$52
Average	$96,677	$8,056	$1,859	$46
25th Percentile	$81,786	$6,816	$1,573	$39

You may get higher pay by adjusting the following factors:

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Check out Commercial Loan Underwriter Job Openings in Michigan

Senior Loan Underwriter

Adventure Credit Union - Grand Rapids, MI

Senior Loan Underwriter

Adventure Credit Union - Lansing, MI

Multiline Commercial Underwriter

Accident Fund Holdings, Inc. - Lansing, MI

Commercial Loan Coordinator

Mercantile Bank - Grand Rapids, MI

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Key Factors That Influence Commercial Loan Underwriter Salaries

A Commercial Loan Underwriter's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Commercial Loan Underwriter Salaries?

Experience is a primary driver of a Commercial Loan Underwriter's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:

Entry-Level (less than 1 year): $66,055
Early Career (1-2 years): $97,711
Mid-Level (2-4 years): $116,541
Senior-Level (5-8 years): $130,550
Expert (over 8 years): $163,711

Levels	Salary
Commercia... Level Commercial Loan Underwriter	$66,055
Commercia... Level Commercial Loan Underwriter	$97,711
Commercia... Level Commercial Loan Underwriter	$116,541
Commercia... Level Commercial Loan Underwriter	$130,550
Commercia... Level Commercial Loan Underwriter	$163,711

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What Am I Worth?

How Do Commercial Loan Underwriter Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commercial Loan Underwriters. For example, consider the average annual salaries in these key locations:

District of Columbia: $108,693.
California: $108,281.
Massachusetts: $106,838.

District of Columbia $108,693 California $108,281 Massachusetts $106,838 Washington $106,445 New Jersey $106,406 Alaska $106,268 Connecticut $104,913 New York $104,364

Hawaii $102,606 Rhode Island $101,782 Maryland $101,222 Minnesota $100,457 Colorado $100,162 Illinois $100,064 Oregon $99,691 Delaware $99,416

New Hampshire $99,243 Virginia $98,856 Pennsylvania $97,727 Nevada $97,158 North Dakota $96,972 Michigan $96,677 Wisconsin $96,569 Vermont $96,353

Texas $95,754 Maine $95,715 Arizona $95,656 Ohio $95,587 Georgia $94,684 Indiana $94,233 Wyoming $94,144 Utah $94,007

Iowa $93,948 Kansas $93,477 Louisiana $93,339 North Carolina $93,290 Missouri $93,271 Florida $92,888 Montana $92,682 Nebraska $92,485

Kentucky $92,377 South Carolina $91,985 Tennessee $91,739 Idaho $91,641 New Mexico $90,924 Oklahoma $90,767 Alabama $90,188 South Dakota $89,216

Arkansas $88,686 West Virginia $88,401 Mississippi $87,547

Top Paying Cities for Commercial Loan Underwriters

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Davison: $93,200
Decker: $92,083
Deckerville: $91,747

Davison, MI $93,200 Decker, MI $92,083 Deckerville, MI $91,747 Dryden, MI $94,591 Durand, MI $93,821 Fenton, MI $94,513 Filion, MI $91,687 Flushing, MI $92,885

Forestville, MI $91,878 Fostoria, MI $92,523 Gaines, MI $93,750 Genesee, MI $92,944 Goodrich, MI $93,363 Grand Blanc, MI $93,182 Hadley, MI $93,542 Harbor Beach, MI $91,745

Holly, MI $94,444 Imlay City, MI $93,489 Kinde, MI $91,678 Lapeer, MI $93,056 Lennon, MI $93,252 Lexington, MI $92,453 Linden, MI $93,607 Marlette, MI $92,371

Melvin, MI $92,753 Metamora, MI $93,971 Minden City, MI $91,692 Montrose, MI $92,326 Mount Morris, MI $92,805 New Lothrop, MI $92,684 North Branch, MI $92,723 Ortonville, MI $94,650

Otisville, MI $92,866 Otter Lake, MI $92,629 Palms, MI $91,677 Peck, MI $92,334 Port Austin, MI $91,702 Port Hope, MI $91,666 Port Sanilac, MI $91,919 Ruth, MI $91,689

Sandusky, MI $92,057 Snover, MI $92,001 Swartz Creek, MI $93,180 Ubly, MI $91,848 Vernon, MI $93,690 Flint, MI $93,251 Burton, MI $93,274 Mikado, MI $91,507

Haslett, MI $94,820 Henderson, MI $92,970 Holt, MI $94,928 Howell, MI $95,633 Hubbardston, MI $93,371 Ionia, MI $93,583 Ithaca, MI $92,572 Laingsburg, MI $94,544

Lake Odessa, MI $93,785 Lakeview, MI $92,740 Lyons, MI $93,891 Mcbrides, MI $92,875 Maple Rapids, MI $93,601 Mason, MI $94,768 Middleton, MI $93,091 Morrice, MI $94,315

Muir, MI $93,520 Mulliken, MI $94,384 North Star, MI $92,706 Orleans, MI $93,383 Ovid, MI $94,094 Owosso, MI $93,656 Palo, MI $93,279 Perrinton, MI $93,305

Perry, MI $94,504 Pewamo, MI $93,890 Pompeii, MI $93,109 Portland, MI $94,114 Potterville, MI $94,759 Riverdale, MI $92,310 Rosebush, MI $91,965 Saint Johns, MI $94,137

Saint Louis, MI $92,301 Shepherd, MI $92,235 Sheridan, MI $93,106 Sidney, MI $93,096 Six Lakes, MI $92,614 Smyrna, MI $93,511 Stanton, MI $92,841 Sumner, MI $92,564

Sunfield, MI $94,212 Vestaburg, MI $92,430 Webberville, MI $94,670 Weidman, MI $92,049 Westphalia, MI $94,271 Williamston, MI $94,669 Winn, MI $92,358 Woodland, MI $93,883

Lansing, MI $95,031 Kalamazoo, MI $94,536 Portage, MI $94,414 Allegan, MI $93,355 Athens, MI $95,139 Augusta, MI $95,753 Bangor, MI $93,632 Battle Creek, MI $96,098

Bedford, MI $96,096 Bellevue, MI $95,497 Benton Harbor, MI $94,684 Bloomingdale, MI $93,134 Breedsville, MI $93,399 Bronson, MI $93,118 Burlington, MI $95,392 Burr Oak, MI $93,487

Cassopolis, MI $93,600 Centreville, MI $93,664 Ceresco, MI $95,804 Climax, MI $95,644 Cloverdale, MI $94,105 Coldwater, MI $93,579 Coloma, MI $94,409 Hagar Shores, MI $94,513

Colon, MI $93,988 Comstock, MI $94,856 Constantine, MI $93,804 Covert, MI $94,072 Decatur, MI $93,482 Marshall, MI $95,451 Martin, MI $93,799 Mattawan, MI $93,519

Mendon, MI $93,940 Nashville, MI $94,754 Nazareth, MI $94,698 Nottawa, MI $93,667 Olivet, MI $94,934 Oshtemo, MI $93,946 Otsego, MI $93,577 Paw Paw, MI $93,415

Plainwell, MI $94,129 Quincy, MI $93,600 Richland, MI $95,095 Riverside, MI $94,548 Saint Joseph, MI $94,535 Schoolcraft, MI $93,649 Scotts, MI $95,033 Delton, MI $94,778

Sherwood, MI $94,349 Dowagiac, MI $93,547 Dowling, MI $95,326 East Leroy, MI $95,592 Fulton, MI $95,133 Galesburg, MI $95,415 Gobles, MI $93,270 Grand Junction, MI $93,280

Hartford, MI $94,110 Hastings, MI $94,077 Hickory Corners, MI $95,295 Jones, MI $93,896 Kendall, MI $93,302 Lacota, MI $93,316 Lawrence, MI $93,640 Lawton, MI $93,444

Leonidas, MI $94,388 South Haven, MI $93,406 Sturgis, MI $93,542 Tekonsha, MI $94,962 Three Rivers, MI $93,661 Union City, MI $94,719 Vandalia, MI $93,744 Vermontville, MI $94,295

Vicksburg, MI $94,458 Watervliet, MI $94,306 White Pigeon, MI $93,922 Baroda, MI $93,811 Berrien Center, MI $93,404 Berrien Springs, MI $93,715 Bridgman, MI $93,779 Buchanan, MI $92,561

Eau Claire, MI $94,233 Edwardsburg, MI $93,916 Galien, MI $92,558 Harbert, MI $93,550 Lakeside, MI $93,634 New Buffalo, MI $93,838 New Troy, MI $93,293 Niles, MI $92,232

Sawyer, MI $93,467 Sodus, MI $94,471 Stevensville, MI $94,216 Three Oaks, MI $93,189 Union Pier, MI $93,643 Union, MI $94,413 Jackson, MI $94,583 Addison, MI $93,944

Adrian, MI $94,811 Albion, MI $94,618 Allen, MI $93,540 Blissfield, MI $94,723 Britton, MI $96,100 Brooklyn, MI $95,368 Camden, MI $92,791 Cement City, MI $94,554

Clarklake, MI $94,656 Clayton, MI $94,426 Clinton, MI $96,733 Concord, MI $94,264 Deerfield, MI $95,149 Frontier, MI $92,830 Grass Lake, MI $95,853 Hanover, MI $93,711

Hillsdale, MI $93,157 Homer, MI $94,720 Horton, MI $93,711 Hudson, MI $93,516 Jasper, MI $94,560 Jerome, MI $93,755 Jonesville, MI $93,560 Leslie, MI $94,687

Litchfield, MI $94,326 Manitou Beach, MI $94,605 Michigan Center, MI $94,924 Montgomery, MI $92,807 Morenci, MI $94,111 Moscow, MI $93,440 Mosherville, MI $94,046 Saint Clair, MI $94,445

Saint Clair Shores, MI $97,806 Warren, MI $97,741 Munith, MI $94,914 Napoleon, MI $95,377 Washington, MI $96,430 Ray, MI $96,171 Yale, MI $93,218 Allen Park, MI $97,990

Ann Arbor, MI $98,162 Azalia, MI $96,270 Belleville, MI $97,341 Brighton, MI $96,315 Bridgewater, MI $97,587 Carleton, MI $95,978 Chelsea, MI $96,891 Dearborn, MI $98,174

Melvindale, MI $98,168 Dearborn Heights, MI $97,819 Dexter, MI $97,484 Dundee, MI $95,606 Erie, MI $94,635 Flat Rock, MI $96,733 Garden City, MI $97,529 Gregory, MI $95,711

Grosse Ile, MI $97,342 Hamburg, MI $97,242 Ida, MI $94,864 Inkster, MI $97,601 Lakeland, MI $97,081 Lambertville, MI $94,636 La Salle, MI $94,688 Lincoln Park, MI $98,021

Livonia, MI $97,359 Luna Pier, MI $94,635 Manchester, MI $96,774 Maybee, MI $96,178 Milan, MI $97,311 Monroe, MI $94,978 New Boston, MI $96,601 New Hudson, MI $96,897

Newport, MI $95,495 Northville, MI $97,110 Pinckney, MI $96,625 Plymouth, MI $97,510 Rockwood, MI $96,691 Romulus, MI $97,140 Salem, MI $97,515 Saline, MI $97,690

Samaria, MI $94,634 South Lyon, MI $97,386 South Rockwood, MI $96,161 Taylor, MI $97,608 Temperance, MI $94,632 Trenton, MI $97,188 Wayne, MI $97,208 Westland, MI $97,332

Canton, MI $97,405 Whitmore Lake, MI $97,647 Whittaker, MI $97,599 Willis, MI $97,349 Wyandotte, MI $97,903 Riverview, MI $97,518 Lake Linden, MI $91,836 Southgate, MI $97,728

Ypsilanti, MI $98,174 Detroit, MI $98,179 Highland Park, MI $98,176 Marcellus, MI $93,580 Shaftsburg, MI $94,600 Davisburg, MI $95,117 Hamtramck, MI $98,177 River Rouge, MI $98,172

Ferndale, MI $98,091 Harper Woods, MI $98,038 Ecorse, MI $98,166 Grosse Pointe, MI $98,173 Oak Park, MI $97,934 Redford, MI $97,801 Bloomfield Hills, MI $97,207 Rochester, MI $96,464

Sterling Heights, MI $97,468 Utica, MI $96,809 Keego Harbor, MI $96,649 Auburn Hills, MI $96,617 West Bloomfield, MI $96,860 Waterford, MI $96,265 Drayton Plains, MI $96,020 Farmington, MI $96,907

Pontiac, MI $96,430 Clarkston, MI $95,635 Lanse, MI $91,836 Marenisco, MI $91,669 Mass City, MI $91,709 Mohawk, MI $91,719 Nisula, MI $91,629 Ontonagon, MI $91,722

Painesdale, MI $91,925 Pelkie, MI $91,771 Ramsay, MI $92,184 Rockland, MI $91,711 Sidnaw, MI $91,619 Skanee, MI $91,673 South Range, MI $92,050 Stambaugh, MI $92,225

Toivola, MI $91,654 Trout Creek, MI $91,596 Wakefield, MI $91,816 Watersmeet, MI $91,821 Watton, MI $91,666 White Pine, MI $91,820 Algonac, MI $95,984 Allenton, MI $95,074

Almont, MI $94,764 Anchorville, MI $96,107 Armada, MI $95,574 Avoca, MI $93,409 Troy, MI $97,332 Birmingham, MI $97,408 Capac, MI $93,820 Center Line, MI $98,016

Clawson, MI $97,590 Eastpointe, MI $97,954 Emmett, MI $93,805 Fair Haven, MI $95,943 Franklin, MI $97,379 Fraser, MI $97,545 Goodells, MI $94,169 Harsens Island, MI $96,345

Hazel Park, MI $98,128 Jeddo, MI $93,040 Southfield, MI $97,548 Clinton Township, MI $97,349 Marine City, MI $95,632 Marysville, MI $94,201 Memphis, MI $94,339 Macomb, MI $96,641

Mount Clemens, MI $97,092 Harrison Township, MI $96,992 New Baltimore, MI $96,421 New Haven, MI $96,116 North Street, MI $93,555 East China, MI $95,214 Fort Gratiot, MI $93,283 Port Huron, MI $93,853

Richmond, MI $95,438 Columbus, MI $95,166 Casco, MI $95,656 Romeo, MI $95,716 Roseville, MI $97,700 Royal Oak, MI $97,894 Pleasant Ridge, MI $97,993 Huntington Woods, MI $97,881

Madison Heights, MI $97,835 Saginaw, MI $92,004 Alger, MI $91,635 Auburn, MI $91,972 Beaverton, MI $91,901 Bentley, MI $91,739 Brant, MI $92,415 Breckenridge, MI $92,294

Chesaning, MI $92,273 Clare, MI $91,871 Coleman, MI $91,936 Comins, MI $91,281 Edenville, MI $92,015 Fairview, MI $91,412 Farwell, MI $91,805 Freeland, MI $91,989

Gladwin, MI $91,707 Harrison, MI $91,649 Hemlock, MI $92,026 Higgins Lake, MI $91,771 Hope, MI $91,786 Houghton Lake, MI $91,646 Houghton Lake Heights, MI $91,865 Kawkawlin, MI $91,909

Lake, MI $91,751 Lake George, MI $91,754 Linwood, MI $91,865 Lupton, MI $91,516 Luzerne, MI $91,305 Merrill, MI $92,112 Midland, MI $92,015 North Adams, MI $93,484

Marne, MI $93,685 Mears, MI $91,874 Montague, MI $91,587 Muskegon, MI $91,219 New Era, MI $91,710 Nunica, MI $91,768 Pentwater, MI $91,927 Pullman, MI $93,034

Ravenna, MI $92,108 Rothbury, MI $91,706 Saugatuck, MI $92,845 Scottville, MI $91,887 Shelby, MI $91,796 Spring Lake, MI $91,288 Twin Lake, MI $91,483 Walhalla, MI $92,029

Walkerville, MI $91,856 West Olive, MI $92,260 Whitehall, MI $91,416 Sylvan Beach, MI $91,411 Zeeland, MI $93,266 Grand Rapids, MI $93,860 Wyoming, MI $93,858 Saranac, MI $93,589

Mio, MI $91,402 Oakley, MI $92,763 Pinconning, MI $91,815 Prudenville, MI $91,611 Rhodes, MI $91,780 Roscommon, MI $91,475 Rose City, MI $91,457 Saint Charles, MI $92,086

Saint Helen, MI $91,491 Sanford, MI $91,969 Standish, MI $91,832 Sterling, MI $91,726 West Branch, MI $91,549 Wheeler, MI $92,263 Akron, MI $91,904 Au Gres, MI $91,787

Barton City, MI $91,378 Bay City, MI $91,980 University Center, MI $91,990 Bay Port, MI $91,800 Black River, MI $91,498 Bridgeport, MI $92,002 Caro, MI $91,881 Carrollton, MI $92,005

Caseville, MI $91,798 Cass City, MI $91,979 Clifford, MI $92,485 Curran, MI $91,243 Deford, MI $92,088 East Tawas, MI $91,643 Elkton, MI $91,816 Essexville, MI $91,943

Fairgrove, MI $91,926 Frankenmuth, MI $91,998 Gagetown, MI $91,903 Gilford, MI $91,940 Glennie, MI $91,434 Greenbush, MI $91,682 Hale, MI $91,569 Harrisville, MI $91,580

Kingston, MI $92,213 Lincoln, MI $91,537 Long Lake, MI $91,508 Mayville, MI $92,329 Berkley, MI $97,747 Smiths Creek, MI $94,023 Cadillac, MI $91,766 Acme, MI $91,678

Alba, MI $91,570 Alden, MI $91,570 Arcadia, MI $91,718 Bear Lake, MI $91,722 Bellaire, MI $91,592 Benzonia, MI $91,759 Beulah, MI $91,770 Boon, MI $91,649

Brethren, MI $91,667 Buckley, MI $91,690 Cedar, MI $91,703 Central Lake, MI $91,605 Chase, MI $91,781 Copemish, MI $91,642 Eastlake, MI $92,020 Eastport, MI $91,689

Elberta, MI $91,954 Elk Rapids, MI $91,826 Empire, MI $91,660 Evart, MI $91,775 Falmouth, MI $91,508 Fife Lake, MI $91,529 Filer City, MI $92,012 Frankfort, MI $91,806

Glen Arbor, MI $91,705 Grawn, MI $91,790 Harrietta, MI $91,596 Hersey, MI $91,937 Honor, MI $91,667 Idlewild, MI $91,885 Interlochen, MI $91,787 Irons, MI $91,678

Kaleva, MI $91,734 Kalkaska, MI $91,501 Kewadin, MI $91,659 Kingsley, MI $91,681 Lake Ann, MI $91,801 Lake City, MI $91,576 Lake Leelanau, MI $91,717 Leland, MI $91,758

Leroy, MI $91,696 Luther, MI $91,633 Trout Lake, MI $91,518 Vanderbilt, MI $91,375 Walloon Lake, MI $91,690 Waters, MI $91,440 Wolverine, MI $91,448 Iron Mountain, MI $92,016

Kingsford, MI $92,241 Allouez, MI $91,779 Au Train, MI $91,854 Bark River, MI $91,843 Big Bay, MI $91,666 Carney, MI $91,777 Champion, MI $91,778 Channing, MI $91,718

Chatham, MI $91,848 Cooks, MI $91,706 Cornell, MI $91,746 Arnold, MI $91,760 Curtis, MI $91,678 Daggett, MI $91,783 Deerton, MI $91,758 Eben Junction, MI $91,861

Rumely, MI $91,801 Engadine, MI $91,635 Escanaba, MI $92,060 Felch, MI $91,756 Little Lake, MI $91,898 Foster City, MI $91,756 Garden, MI $91,728 Germfask, MI $91,683

Gladstone, MI $92,019 Gould City, MI $91,563 Grand Marais, MI $91,607 Gulliver, MI $91,596 Gwinn, MI $91,959 Harris, MI $91,737 Hermansville, MI $91,843 Ingalls, MI $92,014

Ishpeming, MI $91,981 Loretto, MI $92,166 Mc Millan, MI $91,659 Manistique, MI $91,755 Marquette, MI $92,101 Menominee, MI $92,330 Michigamme, MI $91,701 Munising, MI $91,892

Nadeau, MI $92,055 Nahma, MI $91,857 National Mine, MI $91,988 Negaunee, MI $91,983 Newberry, MI $91,623 Norway, MI $91,982 Palmer, MI $91,954 Perkins, MI $91,809

Perronville, MI $91,556 Powers, MI $91,860 Quinnesec, MI $92,138 Ralph, MI $91,553 Rapid River, MI $91,752 Republic, MI $91,764 Rock, MI $91,755 Sagola, MI $91,788

Seney, MI $91,437 Shingleton, MI $91,613 Skandia, MI $91,889 Spalding, MI $91,985 Stephenson, MI $91,922 Trenary, MI $91,796 Vulcan, MI $91,826 Wallace, MI $92,082

Wells, MI $92,175 Wetmore, MI $91,685 Wilson, MI $91,871 Ahmeek, MI $92,105 Alpha, MI $92,081 Amasa, MI $91,617 Atlantic Mine, MI $91,876 Baraga, MI $91,883

Bergland, MI $91,746 Bessemer, MI $92,003 Bruce Crossing, MI $91,713 Calumet, MI $91,984 Caspian, MI $92,225 Chassell, MI $91,872 Copper City, MI $92,005 Copper Harbor, MI $91,688

Covington, MI $91,596 Crystal Falls, MI $91,829 Dodgeville, MI $92,166 Dollar Bay, MI $92,094 Ewen, MI $91,683 Gaastra, MI $91,939 Greenland, MI $91,769 Hancock, MI $92,020

Houghton, MI $92,108 Hubbell, MI $92,158 Iron River, MI $91,853 Ironwood, MI $91,960 Kearsarge, MI $92,034 Norvell, MI $95,778 Onondaga, MI $94,574 Onsted, MI $95,207

Osseo, MI $93,041 Ottawa Lake, MI $94,588 Palmyra, MI $94,929 Parma, MI $94,339 Petersburg, MI $94,889 Pittsford, MI $93,194 Pleasant Lake, MI $94,771 Reading, MI $93,060

Riga, MI $94,643 Rives Junction, MI $94,609 Sand Creek, MI $94,522 Somerset, MI $93,929 Somerset Center, MI $93,878 Spring Arbor, MI $94,042 Springport, MI $94,490 Stockbridge, MI $94,960

Tecumseh, MI $96,117 Tipton, MI $95,730 Waldron, MI $93,093 Weston, MI $94,504 Ada, MI $93,788 Alto, MI $93,681 Bailey, MI $92,539 Baldwin, MI $91,854

Barryton, MI $91,996 Belmont, MI $93,782 Big Rapids, MI $92,290 Bitely, MI $91,881 Blanchard, MI $92,283 Bradley, MI $93,667 Brohman, MI $91,957 Burnips, MI $93,531

Byron Center, MI $93,706 Caledonia, MI $93,717 Cannonsburg, MI $93,711 Casnovia, MI $92,910 Cedar Springs, MI $93,353 Chippewa Lake, MI $92,202 Mancelona, MI $91,491 Manistee, MI $91,835

Manton, MI $91,634 Maple City, MI $91,682 Marion, MI $91,617 Mayfield, MI $91,679 Merritt, MI $91,435 Mesick, MI $91,678 Northport, MI $91,667 Old Mission, MI $91,851

Omena, MI $91,703 Onekama, MI $91,832 Rapid City, MI $91,639 Reed City, MI $91,897 Sears, MI $91,749 South Boardman, MI $91,563 Suttons Bay, MI $91,734 Thompsonville, MI $91,665

Traverse City, MI $91,866 Tustin, MI $91,664 Wellston, MI $91,672 Williamsburg, MI $91,658 Mackinaw City, MI $91,676 Afton, MI $91,424 Alanson, MI $91,642 Alpena, MI $91,656

Atlanta, MI $91,343 Barbeau, MI $91,589 Bay Shore, MI $91,673 Boyne City, MI $91,640 Boyne Falls, MI $91,461 Brimley, MI $91,663 Brutus, MI $91,576 Burt Lake, MI $91,670

Carp Lake, MI $91,557 Cedarville, MI $91,612 Charlevoix, MI $91,679 Cheboygan, MI $91,613 Conway, MI $91,736 Cross Village, MI $91,672 Dafter, MI $91,652 De Tour Village, MI $91,579

Drummond Island, MI $91,529 East Jordan, MI $91,584 Eckerman, MI $91,466 Ellsworth, MI $91,596 Elmira, MI $91,423 Frederic, MI $91,292 Gaylord, MI $91,474 Goetzville, MI $91,537

Good Hart, MI $91,669 Grayling, MI $91,320 Harbor Springs, MI $91,650 Hawks, MI $91,396 Herron, MI $91,489 Hessel, MI $91,580 Hillman, MI $91,401 Hubbard Lake, MI $91,462

Hulbert, MI $91,481 Indian River, MI $91,596 Johannesburg, MI $91,258 Tower, MI $91,449 Comstock Park, MI $93,812 Kinross, MI $91,663 Lachine, MI $91,413 Levering, MI $91,554

Lewiston, MI $91,272 Mackinac Island, MI $91,765 Millersburg, MI $91,424 Moran, MI $91,514 Mullett Lake, MI $91,615 Naubinway, MI $91,504 Oden, MI $91,921 Onaway, MI $91,445

Ossineke, MI $91,601 Paradise, MI $91,513 Pellston, MI $91,583 Petoskey, MI $91,683 Pickford, MI $91,635 Pointe Aux Pins, MI $91,396 Posen, MI $91,458 Presque Isle, MI $91,561

Rogers City, MI $91,552 Rudyard, MI $91,555 Saint Ignace, MI $91,698 Beaver Island, MI $91,562 Sault Sainte Marie, MI $91,825 Kincheloe, MI $92,251 Topinabee, MI $91,789 Macatawa, MI $92,623

Coral, MI $92,965 Dorr, MI $93,570 Freeport, MI $93,734 Gowen, MI $93,188 Grant, MI $92,451 Hopkins, MI $93,554 Howard City, MI $92,838 Kent City, MI $93,119

Lowell, MI $93,649 Mecosta, MI $92,298 Middleville, MI $93,736 Moline, MI $93,660 Morley, MI $92,508 Newaygo, MI $92,525 Paris, MI $92,016 Pierson, MI $93,050

Remus, MI $92,168 Rockford, MI $93,610 Rodney, MI $92,163 Sand Lake, MI $93,140 Shelbyville, MI $93,783 Sparta, MI $93,551 Stanwood, MI $92,435 Trufant, MI $93,069

Wayland, MI $93,652 White Cloud, MI $92,211 Allendale, MI $93,235 Branch, MI $91,719 Conklin, MI $93,166 Coopersville, MI $92,934 Custer, MI $91,822 Douglas, MI $92,829

Fennville, MI $93,062 Ferrysburg, MI $91,296 Fountain, MI $91,822 Free Soil, MI $91,696 Fremont, MI $92,062 Fruitport, MI $91,361 Glenn, MI $92,940 Grand Haven, MI $91,810

Grandville, MI $93,805 Hamilton, MI $93,259 Hart, MI $91,902 Hesperia, MI $91,944 Holland, MI $92,899 Holton, MI $91,739 Hudsonville, MI $93,572 Jamestown, MI $93,621

Jenison, MI $93,741 Lamont, MI $93,468 Ludington, MI $91,973 Mc Bain, MI $91,637 Hartland, MI $95,523 Highland, MI $95,490 Lake Orion, MI $96,062 Oakland, MI $96,149

Lakeville, MI $95,675 Leonard, MI $95,466 Oxford, MI $95,366 Novi, MI $96,836 Milford, MI $96,237 Commerce Township, MI $96,169 White Lake, MI $95,618 Union Lake, MI $96,309

Walled Lake, MI $96,453 Wixom, MI $96,575 Applegate, MI $92,013 Argyle, MI $91,982 Atlas, MI $93,309 Attica, MI $93,225 Bad Axe, MI $91,853 Bancroft, MI $94,132

Birch Run, MI $92,072 Brown City, MI $92,517 Burt, MI $92,028 Byron, MI $94,246 Carsonville, MI $91,774 Clio, MI $92,528 Columbiaville, MI $92,944 Croswell, MI $92,405

Millington, MI $92,342 Munger, MI $91,987 National City, MI $91,602 Omer, MI $91,722 Oscoda, MI $91,672 Owendale, MI $91,896 Pigeon, MI $91,914 Prescott, MI $91,648

Reese, MI $91,987 Richville, MI $91,993 Sebewaing, MI $91,933 Silverwood, MI $92,453 South Branch, MI $91,411 Spruce, MI $91,501 Tawas City, MI $91,658 Turner, MI $91,586

Twining, MI $91,662 Unionville, MI $91,864 Vassar, MI $92,137 Whittemore, MI $91,587 Alma, MI $92,517 Mount Pleasant, MI $92,579 Okemos, MI $94,889 Ashley, MI $92,981

Bannister, MI $93,014 Bath, MI $94,838 Belding, MI $93,482 Carson City, MI $93,075 Cedar Lake, MI $92,454 Charlotte, MI $94,569 Clarksville, MI $93,667 Cohoctah, MI $94,341

Corunna, MI $93,220 Crystal, MI $92,664 Dansville, MI $94,758 Dewitt, MI $94,782 Dimondale, MI $94,870 Eagle, MI $94,614 East Lansing, MI $94,988 Eaton Rapids, MI $94,622

Edmore, MI $92,505 Elm Hall, MI $92,365 Elsie, MI $93,428 Elwell, MI $92,253 Eureka, MI $93,552 Fenwick, MI $93,236 Fowler, MI $93,946 Fowlerville, MI $94,667

Grand Ledge, MI $94,726 Greenville, MI $93,283

Commercial Loan Underwriter Salary by Industry: Top Paying Sectors

For Commercial Loan Underwriter roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Business Services and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Commercial Loan Underwriter positions in Edu., Gov't. & Nonprofit or Insurance typically offer lower base pay, as these industries often view Commercial Loan Underwriter as a support function rather than a direct revenue driver.

The top paying industries for a Commercial Loan Underwriter

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Business Services	$116,012	$56.0	20%
Financial Services	$106,345	$51.0	10%

Commercial Loan Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commercial Loan Underwriter's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

$81,786

Average $96,677/year

$107,703

$6,816

Average $8,056/month

$8,975

$1,573

Average $1,859/week

$2,071

$39

Average $46/hour

$52

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$107,703	$8,975	$2,071	$52
Average	$96,677	$8,056	$1,859	$46
25th Percentile	$81,786	$6,816	$1,573	$39

Salaries of jobs related to Commercial Loan Underwriter

Find Your Next Commercial Loan Underwriter Job

Ready to take the next step in your career? Browse thousands of current Commercial Loan Underwriter job openings on our job board. Use the search bar below to find your perfect match.

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