How Much Does a Credit Underwriting Associate Make in Michigan?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Credit Underwriting Associate in Michigan is $56,592. While Salary.com is seeing that Credit Underwriting Associate salary in MI can go up to $71,077 or down to $44,307, but most earn between $50,162 and $64,174. 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 Credit Underwriting Associate by Company

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Company average base salary in (usd) range
Venture Agency Holdings
Underwriting Associate
$77,380/yr
$66,343
$88,416
RANGE: $66,343 - $88,416
BNY External Career Site
Senior Associate, Credit Advisory Underwriting
$97,837/yr
$83,613
$112,060
RANGE: $83,613 - $112,060
BNY
Senior Associate, Credit Advisory Underwriting
$104,150/yr
$88,660
$119,640
RANGE: $88,660 - $119,640
Atain
Associate Vice President of Property Underwriting
$141,197/yr
$119,777
$162,617
RANGE: $119,777 - $162,617
Waste Industries
Credit & Collections Associate
$60,455/yr
$52,643
$68,268
RANGE: $52,643 - $68,268
C0500 GFL Environnementaux États-Unis Inc.
Credit & Collections Associate
$59,656/yr
$51,946
$67,365
RANGE: $51,946 - $67,365
Churchill Real Estate
Head of Credit and Underwriting
$147,681/yr
$123,266
$172,096
RANGE: $123,266 - $172,096
AIG
Underwriting Specialist, Trade Credit
$86,353/yr
$74,774
$97,932
RANGE: $74,774 - $97,932
Motive
Credit Underwriting Manager, Commercial
$113,419/yr
$94,469
$132,369
RANGE: $94,469 - $132,369
TDC Brand
Underwriting Analyst
$111,956/yr
$94,592
$129,319
RANGE: $94,592 - $129,319

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Top 10 Highest Paying Cities For Credit Underwriting Associate Jobs in Michigan

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Credit Underwriting Associate can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Credit Underwriting Associate job salaries in Michigan. Some cities can pay higher salaries for Credit Underwriting Associate jobs, which can indicate that there is a large demand for Credit Underwriting Associate positions in this city.
The following table shows top 10 cities where the Credit Underwriting Associate salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Credit Underwriting Associate salary is $57,770 in Ann Arbor, which is higher than the national average. There are 6 cities' Credit Underwriting Associate salary higher than national average in Michigan.
The average salary for a Credit Underwriting Associate in Michigan is $56,592, but we found that the city with the highest salary for Credit Underwriting Associate jobs is Ann Arbor, MI, and it is higher than Canton. Credit Underwriting Associate jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Ann Arbor $57,770 $4,814 $1,111 $28
Canton $57,678 $4,806 $1,109 $28
Novi $57,494 $4,791 $1,106 $28
Detroit $57,471 $4,789 $1,105 $28
Warren $57,471 $4,789 $1,105 $28
Dearborn $57,471 $4,789 $1,105 $28
Dearborn Heights $57,442 $4,787 $1,105 $28
Royal Oak $57,408 $4,784 $1,104 $28
Westland $57,390 $4,783 $1,104 $28
Taylor $57,379 $4,782 $1,103 $28

What Does a Credit Underwriting Associate Do?

The Credit Underwriting Associate participates in a formal credit training program designed for entry level employees pursuing career in credit underwriting, commercial lending or other credit related fields.
Updated September 27, 2021

Frequently Asked Questions About a Credit Underwriting Associate Salaries

What is the average of a Credit Underwriting Associate in Michigan?

The Credit Underwriting Associate salary range is from $50,162 to $64,174, and the average Credit Underwriting Associate salary is $56,592/year in Michigan. The Credit Underwriting Associate's salary will change in different locations.

Which location pays the highest Credit Underwriting Associate salary in the United States?

The Credit Underwriting Associate salary in San Jose, CA is $72,481 which is the highest in the US.

What kinds of reasons will influence the Credit Underwriting Associate'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 Credit Underwriting Associate.

What is the growth rate of the Credit Underwriting Associate's salary?

If you are thinking of becoming a Credit Underwriting Associate or planning the next step in your career, find the detailed salary report of a Credit Underwriting Associate.