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As of August 01, 2026, the average salary for a Commercial Loan Underwriter in North Dakota is $96,972 per year, which breaks down to an hourly rate of $47.
However, a Commercial Loan Underwriter's salary can vary significantly. Here’s a look at the typical salary range:
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Commercial Loan Underwriter Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $108,031 | $9,003 | $2,078 | $52 |
| Average | $96,972 | $8,081 | $1,865 | $47 |
| 25th Percentile | $82,036 | $6,836 | $1,578 | $39 |
North Star Community Credit Union - Minot, ND
North Star Community Credit Union - Grafton, ND
Confidential - Devils Lake, ND
Confidential - Beulah, ND
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.
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:
| Levels | Salary |
|---|---|
| Commercia... Level Commercial Loan Underwriter | $66,256 |
| Commercia... Level Commercial Loan Underwriter | $98,009 |
| Commercia... Level Commercial Loan Underwriter | $116,896 |
| Commercia... Level Commercial Loan Underwriter | $130,948 |
| Commercia... Level Commercial Loan Underwriter | $164,209 |
What Am I Worth?
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:
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:
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Business Services | $116,366 | $56.0 | 20% |
| Financial Services | $106,669 | $51.0 | 10% |
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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $108,031 | $9,003 | $2,078 | $52 |
| Average | $96,972 | $8,081 | $1,865 | $47 |
| 25th Percentile | $82,036 | $6,836 | $1,578 | $39 |
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.
Confidential
New Town, ND
Confidential | New Town, ND
Vice President, Ag/Commercial Loan Officer. About the Company. Growing, mid-sized financial institution offering advancement opportunities. Industry. Banki... more
9 Days Ago
Reliance Savings Bank
ALTOONA, PA
Reliance Savings Bank | ALTOONA, PA
Description: Build Your Banking Career with Reliance Bank Reliance Bank is looking for a customer-focused and detail-oriented Retail Loan Processor/Underwr... more
5 Days Ago
Progressive Roofing
CLINTON, MD
Progressive Roofing | CLINTON, MD
Commercial Roofer We are growing and looking for the best of the best roofing professionals. Are you looking for year round work and growth opportunity. If... more
5 Days Ago
Upson Company
CALDWELL, ID
Upson Company | CALDWELL, ID
Position Title: Commercial Roofer Salary Range: $21.00 - $29.00 Hourly Description A commercial roofer is responsible for performing general work on commer... more
7 Days Ago
FM
THE COLONY, TX
FM | THE COLONY, TX
Job Description: Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineeri... more
5 Days Ago
FM
NORWOOD, MA
FM | NORWOOD, MA
Job Description: Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineeri... more
7 Days Ago
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