How Much Does a Commercial Real Estate Underwriter Make?

Updated February 01, 2025
As of February 01, 2025, the average annual pay of Commercial Real Estate Underwriter in the United States is $73,401. While Salary.com is seeing that Commercial Real Estate Underwriter salary in the US can go up to $92,869 or down to $56,900, but most earn between $64,764 and $83,591. 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 Real Estate Underwriter by Company

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Company average base salary in (usd) range
AKA Search Group
Real Estate Commercial Underwriter
$76,819/yr
$66,521
$87,116
RANGE: $66,521 - $87,116
Veritas Partners
Commercial Real Estate Underwriter
$89,642/yr
$76,694
$102,589
RANGE: $76,694 - $102,589
Northbound Executive Search
Senior Commercial Real Estate Underwriter
$105,238/yr
$89,862
$120,614
RANGE: $89,862 - $120,614
Ascendo Resources
Commercial Real Estate Underwriter/Portfolio Manager
$144,331/yr
$117,350
$171,311
RANGE: $117,350 - $171,311
Ridgewood
Commercial Real Estate Loan Underwriter (In-person)
$173,394/yr
$141,006
$205,782
RANGE: $141,006 - $205,782
Central Pacific Bank
Underwriter I, II, III Commercial Real Estate
$79,946/yr
$67,967
$91,925
RANGE: $67,967 - $91,925
BBVA
Commercial Real Estate Underwriter - Senior Vice President
$151,290/yr
$124,119
$178,460
RANGE: $124,119 - $178,460
VirtualVocations
Real Estate Underwriter
$73,943/yr
$64,059
$83,827
RANGE: $64,059 - $83,827
Ikon Search
Senior Underwriter - Real Estate
$101,445/yr
$86,647
$116,243
RANGE: $86,647 - $116,243

Open Commercial Real Estate Underwriter Jobs in the United States

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What Does a Commercial Real Estate Underwriter Do?

Worried that the lender may turn down your commercial real estate property loan? You can increase your chances of getting approved by following these tips:.
Updated December 22, 2021
To get you up to speed, let's cover the basics you need to know about underwriting real estate, including:.
Updated December 21, 2021
People who have been in the commercial real estate business for any length of time have heard of an Offering Memorandum (OM).
Updated December 07, 2021
Because of this, we highly recommend leveraging the skills of a commercial real estate investment sales broker or analyst to handle the underwriting process for you.
Updated December 05, 2021
Best Commercial Real Estate Investment Sales Brokerage Firms to Buy and Sell Property in Austin, Texas.
Updated November 25, 2021

Frequently Asked Questions About a Commercial Real Estate Underwriter Salaries

What is the average of a Commercial Real Estate Underwriter in the United States?

The Commercial Real Estate Underwriter salary range is from $64,764 to $83,591, and the average Commercial Real Estate Underwriter salary is $73,401/year in the United States. The Commercial Real Estate Underwriter's salary will change in different locations.

Which location pays the highest Commercial Real Estate Underwriter salary in the United States?

The Commercial Real Estate Underwriter salary in San Jose, CA is $92,119 which is the highest in the US.

What kinds of reasons will influence the Commercial Real Estate 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 Real Estate Underwriter.

What is the growth rate of the Commercial Real Estate Underwriter's salary?

If you are thinking of becoming a Commercial Real Estate Underwriter or planning the next step in your career, find the detailed salary report of a Commercial Real Estate Underwriter.

Recent Salary Report

Below are the most recent Commercial Real Estate Underwriter salary reports. Employer name has been removed to protect anonymity.

$5,177 Monthly
A Commercial Real Estate Underwriter in Hartford, CT reported making $5,177 per month
Hartford, CT
1,000 - 3,000 employees
Full-Time
Company - Public
$31 Hourly
A Commercial Real Estate Underwriter in Frisco, TX reported making $31 per hour
Frisco, TX
3,000 - 7,6 employees
Part-Time
Company - Public
$31 Hourly
A Commercial Real Estate Underwriter in New Castle, DE reported making $31 per hour
New Castle, DE
7,6 - 15,000 employees
Part-Time
Company - Public
$75,655 Yearly
A Commercial Real Estate Underwriter in Detroit, MI reported making $75,655 per year
Detroit, MI
6 - 1,000 employees
Full-Time
Company - Private
$79,788 Yearly
A Commercial Real Estate Underwriter in Cleveland, OH reported making $79,788 per year
Cleveland, OH
200 - 6 employees
Full-Time
Company - Private
$70,402 Yearly
A Commercial Real Estate Underwriter in Broken Arrow, OK reported making $70,402 per year
Broken Arrow, OK
100 - 200 employees
Full-Time
Company - Private