As of September 01, 2026, the average annual salary for Loan Underwriter in Iowa is $62,801, equivalent to $30 per hour, $1,208 weekly, or $5,233 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Loan Underwriter in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Loan Underwriter in Iowa vary widely, spanning from $50,444 to $82,392. Most professionals fall between the 25th percentile ($56,333) and 75th percentile ($73,056), while top earners (90th percentile) make $82,392 per year. This $16,723 pay gap underscores opportunities for salary growth through certifications, specialized skills like Analysis or Tax Return, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Iowa Loan Underwriter often earn 4.3% lower than national averages due to demand from Fortune 73 companies. However, Iowa currently ranks 33 nationwide for Loan Underwriter job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Loan Underwriter Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter Salary $50,444 IA September 01, 2026
25th Percentile Loan Underwriter Salary $56,333 IA September 01, 2026
50th Percentile Loan Underwriter Salary $62,801 IA September 01, 2026
75th Percentile Loan Underwriter Salary $73,056 IA September 01, 2026
90th Percentile Loan Underwriter Salary $82,392 IA September 01, 2026
25% $56,333 10% $50,444 90% $82,392 75% $73,056 $62,801 50%(Median) Didn’t find job title? Click
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Check out Loan Underwriter jobs in Iowa

Retail Loan Processor/Underwriter I

Reliance Savings Bank - ALTOONA, PA

Executive Underwriter

Zurich Insurance Company Ltd. - SCHILLER PARK, IL

Executive Underwriter

Zurich Insurance Company Ltd. - BOLINAS, CA

Executive Underwriter

Zurich Insurance Company Ltd. - CHELSEA AND CLINTON, NY

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Loan Underwriter

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Location Avg. Salary Date Updated
Location Ackley, IA Avg. Salary $59,458 Date Updated September 01, 2026
Location Ackworth, IA Avg. Salary $61,774 Date Updated September 01, 2026
Location Adair, IA Avg. Salary $59,753 Date Updated September 01, 2026
Location Adel, IA Avg. Salary $61,599 Date Updated September 01, 2026
Location Afton, IA Avg. Salary $60,077 Date Updated September 01, 2026
Location Agency, IA Avg. Salary $59,519 Date Updated September 01, 2026
Location Ainsworth, IA Avg. Salary $59,668 Date Updated September 01, 2026
Location Akron, IA Avg. Salary $58,347 Date Updated September 01, 2026
Location Albert City, IA Avg. Salary $59,371 Date Updated September 01, 2026
Location Albia, IA Avg. Salary $59,932 Date Updated September 01, 2026
Job Openings for Loan Underwriter in Iowa

Career Path for this job

  1. This Job:

    Loan Underwriter

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Mortgage Underwriter II

    2 - 4 years experience
    Bachelor's Degree

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