As of September 01, 2026, the average annual salary for Loan Underwriter in Maryland is $67,664, equivalent to $33 per hour, $1,301 weekly, or $5,639 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 Maryland vary widely, spanning from $54,349 to $88,771. Most professionals fall between the 25th percentile ($60,695) and 75th percentile ($78,712), while top earners (90th percentile) make $88,771 per year. This $18,017 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, Maryland Loan Underwriter often earn 3.1% higher than national averages due to demand from Fortune 73 companies. However, Maryland currently ranks 11 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 $54,349 MD September 01, 2026
25th Percentile Loan Underwriter Salary $60,695 MD September 01, 2026
50th Percentile Loan Underwriter Salary $67,664 MD September 01, 2026
75th Percentile Loan Underwriter Salary $78,712 MD September 01, 2026
90th Percentile Loan Underwriter Salary $88,771 MD September 01, 2026
25% $60,695 10% $54,349 90% $88,771 75% $78,712 $67,664 50%(Median) Didn’t find job title? Click
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Check out Loan Underwriter jobs in Maryland

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 Dundalk, MD Avg. Salary $65,651 Date Updated September 01, 2026
Location Abell, MD Avg. Salary $64,856 Date Updated September 01, 2026
Location Aberdeen, MD Avg. Salary $64,179 Date Updated September 01, 2026
Location Aberdeen Proving Ground, MD Avg. Salary $64,166 Date Updated September 01, 2026
Location Abingdon, MD Avg. Salary $64,662 Date Updated September 01, 2026
Location Accident, MD Avg. Salary $60,144 Date Updated September 01, 2026
Location Accokeek, MD Avg. Salary $69,305 Date Updated September 01, 2026
Location Adamstown, MD Avg. Salary $65,794 Date Updated September 01, 2026
Location Allen, MD Avg. Salary $63,171 Date Updated September 01, 2026
Location Andrews Air Force Base, MD Avg. Salary $69,822 Date Updated September 01, 2026
Job Openings for Loan Underwriter in Maryland

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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