As of May 01, 2026, the average annual salary for Loan Underwriter in Indiana is $62,949, equivalent to $30 per hour, $1,211 weekly, or $5,246 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 Indiana vary widely, spanning from $50,574 to $82,571. Most professionals fall between the 25th percentile ($56,472) and 75th percentile ($73,220), while top earners (90th percentile) make $82,571 per year. This $16,748 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, Indiana Loan Underwriter often earn 4.0% lower than national averages due to demand from Fortune 73 companies. However, Indiana currently ranks 30 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 $50,574 IN May 01, 2026
25th Percentile Loan Underwriter Salary $56,472 IN May 01, 2026
50th Percentile Loan Underwriter Salary $62,949 IN May 01, 2026
75th Percentile Loan Underwriter Salary $73,220 IN May 01, 2026
90th Percentile Loan Underwriter Salary $82,571 IN May 01, 2026
25% $56,472 10% $50,574 90% $82,571 75% $73,220 $62,949 50%(Median) Didn’t find job title? Click
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Loan Underwriter

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Location Avg. Salary Date Updated
Location Vincennes, IN Avg. Salary $56,380 Date Updated May 01, 2026
Location Advance, IN Avg. Salary $60,286 Date Updated May 01, 2026
Location Akron, IN Avg. Salary $58,931 Date Updated May 01, 2026
Location Alamo, IN Avg. Salary $59,251 Date Updated May 01, 2026
Location Albany, IN Avg. Salary $58,878 Date Updated May 01, 2026
Location Albion, IN Avg. Salary $59,096 Date Updated May 01, 2026
Location Alexandria, IN Avg. Salary $58,560 Date Updated May 01, 2026
Location Ambia, IN Avg. Salary $59,058 Date Updated May 01, 2026
Location Amboy, IN Avg. Salary $58,839 Date Updated May 01, 2026
Location Amo, IN Avg. Salary $60,354 Date Updated May 01, 2026
Job Openings for Loan Underwriter in Indiana

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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