How much does a Loan Underwriter make in Phoenix, AZ?

As of March 01, 2025, the average annual salary for a Loan Underwriter in Phoenix, AZ is $60,816. Salary.com reports that pay typically ranges from $52,762 to $71,444, with most professionals earning between $45,429 and $81,121.

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 $45,429 Phoenix,AZ March 01, 2025
25th Percentile Loan Underwriter Salary $52,762 Phoenix,AZ March 01, 2025
50th Percentile Loan Underwriter Salary $60,816 Phoenix,AZ March 01, 2025
75th Percentile Loan Underwriter Salary $71,444 Phoenix,AZ March 01, 2025
90th Percentile Loan Underwriter Salary $81,121 Phoenix,AZ March 01, 2025
25% $52,762 10% $45,429 90% $81,121 75% $71,444 $60,816 50%(Median) Didn’t find job title? Click
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Loan Underwriter

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Job Openings for Loan Underwriter in Phoenix, AZ

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

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

Average Base Salary

Core compensation

 
 
 
52762
71444
60816

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
54493
74777
62971
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter in Phoenix, AZ. The base salary for Loan Underwriter ranges from $52,762 to $71,444 with the average base salary of $60,816. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $54,493 to $74,777 with the average total cash compensation of $62,971.

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52762
71444

 

About Phoenix, Arizona    Phoenix is in the southwestern United States, in the south-central portion of Arizona; about halfway between Tucson to the southeast and Flagstaff to ....More

Phoenix, Arizona  area prices were up 2.2% from a year ago

Loan Underwriter Salary in popular cities: TucsonMesaChandler

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