How much does a Loan Underwriter make in New York, NY? The average Loan Underwriter salary in New York, NY is $70,186 as of March 26, 2024, but the salary range typically falls between $60,894 and $82,454. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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 $52,433 New York,NY March 26, 2024
25th Percentile Loan Underwriter Salary $60,894 New York,NY March 26, 2024
50th Percentile Loan Underwriter Salary $70,186 New York,NY March 26, 2024
75th Percentile Loan Underwriter Salary $82,454 New York,NY March 26, 2024
90th Percentile Loan Underwriter Salary $93,623 New York,NY March 26, 2024
25% $60,894 10% $52,433 90% $93,623 75% $82,454 $70,186 50%(Median) Didn’t find job title? Click
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Loan Underwriter

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Job Openings for Loan Underwriter in New York, NY
Russell Tobin - New York , NY
Russell Tobin & Associates is currently hiring for a Senior Underwriter to work for one of our clients, a Tier 1 Bank out of the New York City area! Apply now! Description: The Senior Underwriter will be responsible for overseeing and managing the due diligence/underwriting process for the firm's commercial real estate debt transactions across the US. This individual will closely collaborate with originators, legal teams, and credit professionals. Main Responsibilities: Manage the overall loan underwriting process for commercial real estate deals Review credit memos, cashflow analyses, operating statements and leases prepared by appropriate internal/external parties Assist in determining any issues with deal structure; mitigating concerns at every step Assist with loan securitization by participating in buyer calls & interacting with ratings agencies Qualifications: 4+ years of experience in commercial real estate loan underwriting, M&A due diligence, CRE valuations, or asset managemen
- Today
The Atlantic Federal Credit Union - Springfield , NJ
Job Summary: Will ensure that the loss mitigation & asset recovery policies and procedures of the credit union best serve the credit union and its members. Oversee departmental functions and provide leadership and guidance. Ensure strict compliance with state and federal collection rules and regulations in all collection practices. Duties/Responsibilities: Ensure that the loss mitigation & asset recovery policies, procedures, practices and documentation meet federal and state regulations. Assign, monitor, and supervise the workload in the Loss Mitigation & Asset Recovery Department to ensure the smooth and efficient flow of work. Always ensure the courteous and considerate interface with members. Establish and monitor effective control procedures for delinquent or potentially delinquent loans. On an on-going basis, communicate and monitor the requirements to vendors and staff in Loss Mitigation & Asset Recovery procedures to protect the credit union's interests. Review accounts where a
- Today
Innovative Financing Solutions - New York , NY
Job Description Job Description We are seeking qualified Senior SBA Credit Analyst candidates. Compensation will be commensurate with qualifications and experience. CREDIT ANALYST GENERAL PURPOSE OF JOB Independently the incumbent is responsible for performing a variety of tasks and activities to underwrite and evaluate the credit worthiness of borrowers for various credit requests including but not limited to SBA, USDA, Conventional or Alternative loan programs. The incumbent is also responsible for preparing, reviewing, organizing and submitting loan applications to various agencies and/or lenders. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. Underwrite loan requests based on federal and state loan requirements, lender credit policy, prudent practices, and borrower need. Organize loan underwriting and application documents and compile and submit the SBA Loan application, USDA application, or lender conventional application including but n
- 1 day ago
Job Title: RE Construction Loan Underwriting/Portfolio Management Job Description: Join a team with diverse real estate expertise in both financing and development! We have built great credibility and a reputation for quick response, firm commitment, and timely execution with developers, owners, operators, financing sources, and other intermediaries. CHINESE SPEAKING IDEAL Position Overview: This position will be a key member of a small and growing team that runs a billion dollar loan origination platform focused on bridge loans and construction loans for multifamily housing, residential condo, and mixed use buildings in the Greater New York City areas. The team is currently going through underwriting processes for six construction loans for a combined value over $250 million in Brooklyn and Queens. Essential Job Functions (Duties/Responsibilities): Underwriting commercial real estate loans secured by properties in New York City areas across the capital structure including first mortga
- 2 days ago
Russell Tobin - New York , NY
Russell Tobin & Associates is currently hiring for a Senior Underwriter to work for one of our clients, a Tier 1 Bank out of the New York City area! Apply now! Description: The Senior Underwriter will be responsible for overseeing and managing the due diligence/underwriting process for the firm's commercial real estate debt transactions across the US. This individual will closely collaborate with originators, legal teams, and credit professionals. Main Responsibilities: Manage the overall loan underwriting process for commercial real estate deals Review credit memos, cashflow analyses, operating statements and leases prepared by appropriate internal/external parties Assist in determining any issues with deal structure; mitigating concerns at every step Assist with loan securitization by participating in buyer calls & interacting with ratings agencies Qualifications: 4+ years of experience in commercial real estate loan underwriting, M&A due diligence, CRE valuations, or asset managemen
- 2 days ago
The Atlantic Federal Credit Union - Springfield , NJ
Job Summary: Will ensure that the loss mitigation & asset recovery policies and procedures of the credit union best serve the credit union and its members. Oversee departmental functions and provide leadership and guidance. Ensure strict compliance with state and federal collection rules and regulations in all collection practices. Duties/Responsibilities: Ensure that the loss mitigation & asset recovery policies, procedures, practices and documentation meet federal and state regulations. Assign, monitor, and supervise the workload in the Loss Mitigation & Asset Recovery Department to ensure the smooth and efficient flow of work. Always ensure the courteous and considerate interface with members. Establish and monitor effective control procedures for delinquent or potentially delinquent loans. On an on-going basis, communicate and monitor the requirements to vendors and staff in Loss Mitigation & Asset Recovery procedures to protect the credit union's interests. Review accounts where a
- 2 days ago

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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Understand the total compensation opportunity for a Loan Underwriter, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
60894
82454
70186

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
62892
86301
72676
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter in New York, NY. The base salary for Loan Underwriter ranges from $60,894 to $82,454 with the average base salary of $70,186. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $62,892 to $86,301 with the average total cash compensation of $72,676.

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60894
82454

 

About New York, New York    The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York  area prices were up 1.6% from a year ago

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