Loan Underwriter Salary in Rochester, Minnesota

Loan Underwriter Salary in Rochester, MN

How much does a Loan Underwriter make in Rochester, MN?

As of April 01, 2025, the average annual salary for a Loan Underwriter in Rochester, MN is $62,010. Salary.com reports that pay typically ranges from $55,996 to $66,371, with most professionals earning between $50,522 and $70,343.

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Loan Underwriter Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter Salary $50,522 Rochester,MN April 01, 2025
25th Percentile Loan Underwriter Salary $55,996 Rochester,MN April 01, 2025
50th Percentile Loan Underwriter Salary $62,010 Rochester,MN April 01, 2025
75th Percentile Loan Underwriter Salary $66,371 Rochester,MN April 01, 2025
90th Percentile Loan Underwriter Salary $70,343 Rochester,MN April 01, 2025
25% $55,996 10% $50,522 90% $70,343 75% $66,371 $62,010 50%(Median) Didn’t find job title? Click
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Loan Underwriter

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Job Openings for Loan Underwriter in Rochester, MN

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

 
 
 
55996
66371
62010

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
55996
66371
62010
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter in Rochester, MN. The base salary for Loan Underwriter ranges from $55,996 to $66,371 with the average base salary of $62,010. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,996 to $66,371 with the average total cash compensation of $62,010.

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55996
66371

 

About Rochester, Minnesota    Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork i....More

Rochester, Minnesota  area prices were up 1.3% from a year ago

Loan Underwriter Salary in popular cities: Minneapolis, Saint Paul, Duluth

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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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