As of March 01, 2025, the average annual salary for a Loan Underwriter in Illinois is $63,278. Salary.com reports that pay typically ranges from $57,141 to $67,729, with most professionals earning between $51,555 and $71,781.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Loan Underwriter Salary | $51,555 | IL | March 01, 2025 |
| 25th Percentile Loan Underwriter Salary | $57,141 | IL | March 01, 2025 |
| 50th Percentile Loan Underwriter Salary | $63,278 | IL | March 01, 2025 |
| 75th Percentile Loan Underwriter Salary | $67,729 | IL | March 01, 2025 |
| 90th Percentile Loan Underwriter Salary | $71,781 | IL | March 01, 2025 |
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Cicero, IL | Avg. Salary $64,571 | Date Updated March 01, 2025 |
| Location Mount Prospect, IL | Avg. Salary $64,324 | Date Updated March 01, 2025 |
| Location Abingdon, IL | Avg. Salary $58,292 | Date Updated March 01, 2025 |
| Location Adair, IL | Avg. Salary $58,846 | Date Updated March 01, 2025 |
| Location Addieville, IL | Avg. Salary $59,769 | Date Updated March 01, 2025 |
| Location Addison, IL | Avg. Salary $64,324 | Date Updated March 01, 2025 |
| Location Akin, IL | Avg. Salary $57,984 | Date Updated March 01, 2025 |
| Location Albany, IL | Avg. Salary $57,492 | Date Updated March 01, 2025 |
| Location Albers, IL | Avg. Salary $59,769 | Date Updated March 01, 2025 |
| Location Albion, IL | Avg. Salary $56,630 | Date Updated March 01, 2025 |
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Mortgage Loan Processor I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
| Job Title Mortgage Operations Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Underwriter IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
About Illinois Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross dome....More
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