How Much Does a Commercial Loan Underwriter Make in Sawyer, MN?

Updated September 01, 2024
As of September 01, 2024, the average annual pay of Commercial Loan Underwriter in Sawyer, MN is $94,436. While Salary.com is seeing that Commercial Loan Underwriter salary in Sawyer, MN can go up to $118,581 or down to $63,979, but most earn between $78,494 and $107,074. 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
Loan Underwriter
$58,145
Sawyer, MN
Per Year
Commercial Underwriter
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Sawyer, MN
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Commercial Loan Clerk
$43,672
Sawyer, MN
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Auto Loan Underwriter
$62,241
Sawyer, MN
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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
$79,787
$105,876
RANGE: $79,787 - $105,876
Sherburne State Bank
Commercial Loan Processor
$64,649/yr
$54,954
$74,344
RANGE: $54,954 - $74,344
GPac
Commercial Loan Officer
$106,939/yr
$89,012
$124,865
RANGE: $89,012 - $124,865
Securian Financial Group
Commercial Mortgage Loan Closer
$110,789/yr
$92,648
$128,931
RANGE: $92,648 - $128,931
Home State Bank
Commercial Loan Assistant
$58,413/yr
$49,364
$67,461
RANGE: $49,364 - $67,461
Blaze Credit Union
Commercial Loan Servicing Specialist
$63,391/yr
$53,486
$73,296
RANGE: $53,486 - $73,296
The Travelers Companies, Inc.
Commercial Underwriter - Account Executive - Northland Transportation
$95,109/yr
$81,545
$108,672
RANGE: $81,545 - $108,672
Versique Search & Consulting
Senior Commercial Credit Underwriter (ID:44190)
$113,800/yr
$93,771
$133,829
RANGE: $93,771 - $133,829

Open Commercial Loan Underwriter Jobs in Sawyer, MN

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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

Frequently Asked Questions About a Commercial Loan Underwriter Salaries

What is the average of a Commercial Loan Underwriter in Sawyer, MN?

The Commercial Loan Underwriter salary range is from $78,494 to $107,074, and the average Commercial Loan Underwriter salary is $94,436/year in Sawyer, 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.