Commercial Loan Underwriter Salaries in Virginia
How Much Does a Commercial Loan Underwriter Make in Virginia?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Commercial Loan Underwriter in Virginia is $99,214.
While Salary.com is seeing that Commercial Loan Underwriter salary in VA can go up to $125,378
or down to $67,349, but most earn between $82,534 and $112,909.
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 |
|---|---|---|
|
Global Placement Firm
Commercial Loan Underwriter
|
$85,081/yr
|
RANGE: $74,476 - $95,685
|
|
Lucro Commercial Solutions, LLC
Commercial Loan Underwriter
|
$74,098/yr
|
RANGE: $65,524 - $82,671
|
|
Nano Banc
Commercial Loan Underwriter
|
$98,431/yr
|
RANGE: $87,584 - $109,278
|
|
REGIONAL federal credit union
Commercial Loan Underwriter
|
$74,315/yr
|
RANGE: $67,113 - $81,517
|
|
First Bank Texas
Commercial Credit Loan Underwriter
|
$67,892/yr
|
RANGE: $60,134 - $75,650
|
|
Ascendo Resources
Commercial Loan Underwriter
|
$72,211/yr
|
RANGE: $64,579 - $79,842
|
|
ICAST
Commercial Loan Underwriter (Remote)
|
$105,384/yr
|
RANGE: $92,191 - $118,577
|
|
Berkley
Sr. Underwriter - Small Commercial
|
$94,130/yr
|
RANGE: $85,135 - $103,126
|
|
Burke & Herbert Bank
Senior Commercial Underwriter
|
$87,202/yr
|
RANGE: $79,128 - $95,276
|
Top 10 Highest Paying Cities For Commercial Loan Underwriter Jobs in Virginia
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Commercial Loan Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Commercial Loan Underwriter job salaries in Virginia.
Some cities can pay higher salaries for Commercial Loan Underwriter jobs, which can indicate that there is a large demand for Commercial Loan Underwriter positions in this city.
The following table shows top 10 cities where the Commercial Loan Underwriter salary is higher than other cities in Virginia.
Arlington takes first place in this list, followed by Alexandria, Annandale.
The Commercial Loan Underwriter salary is $109,086 in Arlington,
which is higher than the national average. There are 5 cities' Commercial Loan Underwriter salary higher than national average in Virginia.
The average salary for a Commercial Loan Underwriter in Virginia is $99,214,
but we found that the city with the highest salary for Commercial Loan Underwriter jobs is Arlington, VA, and it is higher than Alexandria.
Commercial Loan Underwriter jobs in Arlington can have the opportunity to earn higher salaries than in other cities in Virginia.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Arlington | $109,086 | $9,090 | $2,098 | $52 |
| Alexandria | $109,086 | $9,090 | $2,098 | $52 |
| Annandale | $109,086 | $9,090 | $2,098 | $52 |
| Reston | $108,889 | $9,074 | $2,094 | $52 |
| Centreville | $108,692 | $9,058 | $2,090 | $52 |
| Richmond | $95,884 | $7,990 | $1,844 | $46 |
| Petersburg | $95,588 | $7,966 | $1,838 | $46 |
| Virginia State University | $95,588 | $7,966 | $1,838 | $46 |
| Virginia Beach | $93,893 | $7,824 | $1,806 | $45 |
| Newport News | $92,622 | $7,719 | $1,781 | $45 |
What Does a Commercial Loan Underwriter Do?
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 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
– 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 Virginia?
The Commercial Loan Underwriter salary range is from $82,534 to $112,909, and the average Commercial Loan Underwriter salary is $99,214/year in Virginia.
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.
