As of September 01, 2026, the average annual salary for Loan Underwriter in Tennessee is $61,325, equivalent to $29 per hour, $1,179 weekly, or $5,110 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 Tennessee vary widely, spanning from $49,258 to $80,454. Most professionals fall between the 25th percentile ($55,008) and 75th percentile ($71,338), while top earners (90th percentile) make $80,454 per year. This $16,330 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, Tennessee Loan Underwriter often earn 6.6% lower than national averages due to demand from Fortune 73 companies. However, Tennessee currently ranks 43 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 $49,258 TN September 01, 2026
25th Percentile Loan Underwriter Salary $55,008 TN September 01, 2026
50th Percentile Loan Underwriter Salary $61,325 TN September 01, 2026
75th Percentile Loan Underwriter Salary $71,338 TN September 01, 2026
90th Percentile Loan Underwriter Salary $80,454 TN September 01, 2026
25% $55,008 10% $49,258 90% $80,454 75% $71,338 $61,325 50%(Median) Didn’t find job title? Click
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Check out Loan Underwriter jobs in Tennessee

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 Adams, TN Avg. Salary $57,672 Date Updated September 01, 2026
Location Adamsville, TN Avg. Salary $57,254 Date Updated September 01, 2026
Location Afton, TN Avg. Salary $56,563 Date Updated September 01, 2026
Location Alamo, TN Avg. Salary $57,411 Date Updated September 01, 2026
Location Alcoa, TN Avg. Salary $58,404 Date Updated September 01, 2026
Location Alexandria, TN Avg. Salary $58,319 Date Updated September 01, 2026
Location Allardt, TN Avg. Salary $57,100 Date Updated September 01, 2026
Location Allons, TN Avg. Salary $56,883 Date Updated September 01, 2026
Location Allred, TN Avg. Salary $56,692 Date Updated September 01, 2026
Location Alpine, TN Avg. Salary $56,743 Date Updated September 01, 2026
Job Openings for Loan Underwriter in Tennessee

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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