How Much Does a Commercial Loan Underwriter Make in Toledo, OH?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Commercial Loan Underwriter in Toledo, OH is $95,007. While Salary.com is seeing that Commercial Loan Underwriter salary in Toledo, OH can go up to $120,061 or down to $64,493, but most earn between $79,035 and $108,121. 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.
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Similar Job Salaries to Commercial Loan Underwriter by Company

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Company average base salary in (usd) range
Telhio Credit Union
Commercial Loan Underwriter
$82,442/yr
$72,408
$92,476
RANGE: $72,408 - $92,476
Westfield Bank
Commercial Loan Underwriter 3
$93,777/yr
$83,276
$104,278
RANGE: $83,276 - $104,278
Total Warranty Services
Commercial Loan Underwriter
$100,681/yr
$88,076
$113,285
RANGE: $88,076 - $113,285
Alan N. Daum And Associates
Commercial Loan Underwriter
$106,821/yr
$93,447
$120,194
RANGE: $93,447 - $120,194
Cameron Craig Group
Commercial Loan Underwriter
$106,821/yr
$93,447
$120,194
RANGE: $93,447 - $120,194
Advisory and Consulting Services
Commercial Loan Underwriter
$106,821/yr
$93,447
$120,194
RANGE: $93,447 - $120,194
Retail Options
Commercial Loan Underwriter
$106,821/yr
$93,447
$120,194
RANGE: $93,447 - $120,194
Client Staffing Solutions Inc
Commercial Loan Underwriter
$106,821/yr
$93,447
$120,194
RANGE: $93,447 - $120,194
6 Degrees
Commercial Loan Underwriter
$106,821/yr
$93,447
$120,194
RANGE: $93,447 - $120,194
MRINetwork Jobs
Commercial Loan Underwriter
$111,886/yr
$97,878
$125,893
RANGE: $97,878 - $125,893

Open Commercial Loan Underwriter Jobs in Toledo, OH

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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 Toledo, OH?

The Commercial Loan Underwriter salary range is from $79,035 to $108,121, and the average Commercial Loan Underwriter salary is $95,007/year in Toledo, OH. 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.