As of March 01, 2025, the average annual salary for a Loan Underwriter in Michigan is $61,051. Salary.com reports that pay typically ranges from $55,131 to $65,345, with most professionals earning between $49,741 and $69,255.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Loan Underwriter Salary | $49,741 | MI | March 01, 2025 |
| 25th Percentile Loan Underwriter Salary | $55,131 | MI | March 01, 2025 |
| 50th Percentile Loan Underwriter Salary | $61,051 | MI | March 01, 2025 |
| 75th Percentile Loan Underwriter Salary | $65,345 | MI | March 01, 2025 |
| 90th Percentile Loan Underwriter Salary | $69,255 | MI | March 01, 2025 |
Review the job openings, similar jobs, level of education, and experience requirements for the Loan Underwriter job to confirm that it is the job you are seeking.
See user submitted job responsibilities for Loan Underwriter.
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Taylor, MI | Avg. Salary $61,924 | Date Updated March 01, 2025 |
| Location Acme, MI | Avg. Salary $57,923 | Date Updated March 01, 2025 |
| Location Ada, MI | Avg. Salary $59,708 | Date Updated March 01, 2025 |
| Location Addison, MI | Avg. Salary $61,862 | Date Updated March 01, 2025 |
| Location Adrian, MI | Avg. Salary $60,939 | Date Updated March 01, 2025 |
| Location Afton, MI | Avg. Salary $57,184 | Date Updated March 01, 2025 |
| Location Ahmeek, MI | Avg. Salary $58,538 | Date Updated March 01, 2025 |
| Location Akron, MI | Avg. Salary $57,246 | Date Updated March 01, 2025 |
| Location Alanson, MI | Avg. Salary $57,184 | Date Updated March 01, 2025 |
| Location Alba, MI | Avg. Salary $57,184 | 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 Michigan Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th par....More
Recently searched related titles: Building Science Technologist, Private Equity Fund Administrator
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Jobs with a similar salary range to Loan Underwriter : Simulation Center Director, Pathology Specialist, Bone Densitometry Technologist
