Consumer Loan Underwriter Salary in Lowell, MA

Change City

How much does a Consumer Loan Underwriter make in Lowell, MA? The average Consumer Loan Underwriter salary in Lowell, MA is $58,834 as of March 26, 2024, but the salary range typically falls between $52,045 and $64,237. 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.

Search Consumer Loan Underwriter Jobs in Lowell, MA

Develop a Job description

Pay Equity

Salary range for a Consumer Loan Underwriter

$52,045 to $64,237

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Consumer Loan Underwriter Salary:
Select State
Select City in MA
Choose Similar Job
Pick Related Category
View Cost of Living in Lowell, Massachusetts

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Consumer Loan Underwriter

Review the job openings and experience requirements for the Consumer Loan Underwriter job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Consumer Loan Underwriter.

Search Consumer Loan Underwriter Job Openings

Job Openings for Consumer Loan Underwriter in Lowell, MA

Consumer Loan Underwriter

Hills Bank - Hills , IA

The Consumer Loan Underwriter develops and executes training and support of the consumer lending functions for the Retail team as well as provides operational support by processing home equity loans ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 33 days ago

Consumer Loan Underwriter I

Atlanta Postal Credit Union - Atlanta , GA

GREAT opportunity to join our Consumer Lending team! 2+ years' experience underwriting CONSUMER loans in a fast-paced environment. Apply now! * 99% of the cost of employee healthcare covered by the ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 6 days ago

Senior Consumer Loan Underwriter (non-mortgage)

Ascendo Resources - Miami , FL

... Consumer Loan credit policies, reviewing, analyzing, approving, and underwriting consumer requests within COMPANY and industry guidelines. You are also responsible for timely turnaround on ...

LinkedIn - 18 days ago

Consumer Loan Underwriter

First New York Federal Credit Union - Albany , NY

Utilize good judgment and underwriting skills to quickly evaluate loan applications for risk and approve loan requests, which are structured to perform and meet member needs. DUTIES AND ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 78 days ago

Consumer Loan Admin Specialists

Keys Federal Credit Union - Key West , FL

Fund consumer loans according to underwriter's instructions. * Balance various consumer loan related GLs weekly. * Notify manager of any discrepancies found during the review or production of the ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 4 days ago

Consumer Loan Officer l

Foothill Federal Credit Union - Arcadia , CA

Consumer Loan Officer I (CLO I) Salary Range: $24.18 to $36.27 Description Founded in 1958 ... underwriting guidelines. · Assist in developing and refining credit policies, underwriting ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 10 days ago

What does a Consumer Loan Underwriter do?

Common responsibilities of a Consumer Loan Underwriter

Attend internal and external training to improve skills and knowledge relevant to the Consumer Loan Underwriter position.

December 23, 2022

Provides feedback on types of payoff requests and identifies opportunities to maintain or save loans that are being refinanced by other institutions.

August 27, 2022

Communicates with branch and Lending Team staff to obtain all information necessary to make a decision.

February 04, 2023

Maintains up-to-date compliance testing, loan training, quality control and audit standards.

February 22, 2023

Act in a backup capacity for consumer lending production teams to support an inclusive team environment.

March 03, 2023

Review all loan components in the consumer loan application to include but not limited to completeness, accuracy and integrity while ensuring that documents are consistent and uphold to Company and Industry guidelines.

March 17, 2023

Prepares necessary documents and processes approved loan documents for disbursement/filing, ensuring they are in compliance with credit union policies and legal requirements.

April 28, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Consumer Loan Underwriter Salary By Experience Levels in Lowell, MA

How much should you be earning in Consumer Loan Underwriter in Lowell, MA based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Consumer Loan Underwriter in Lowell, MA

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Consumer Loan Underwriter Salary By Level of Education in Lowell, MA

Do you know how much should you be paid for a Consumer Loan Underwriter position in Lowell, MA based on your education level?

Tell us about your education and see an estimate of earnings for Consumer Loan Underwriter in Lowell, MA and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Consumer Loan Underwriter in Lowell, MA

Average Base Salary

Core compensation

52045

64237

58834

Average Total Cash Compensation

Includes base and annual incentives

53348

68267

60602

What is the average salary for Consumer Loan Underwriter in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Loan Underwriter in Lowell, MA. The base salary for Consumer Loan Underwriter ranges from $52,045 to $64,237 with the average base salary of $58,834. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,348 to $68,267 with the average total cash compensation of $60,602.

View Average Salary for Consumer Loan Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$58,834	$52,045 - $64,237
Bonus	$1,768	$1,304 - $4,030
Total Pay	$60,602	$53,348 - $68,267

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Consumer Loan Underwriter Salary Near Lowell, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Lowell, MA
CITY, STATE Medford, MA	AVERAGE SALARY RANGE $53,748 - $66,339	COMPARE TO Lowell, MA
CITY, STATE Methuen, MA	AVERAGE SALARY RANGE $50,948 - $62,883	COMPARE TO Lowell, MA
CITY, STATE Lawrence, MA	AVERAGE SALARY RANGE $50,948 - $62,883	COMPARE TO Lowell, MA
CITY, STATE Newton, MA	AVERAGE SALARY RANGE $53,748 - $66,339	COMPARE TO Lowell, MA
CITY, STATE Nashua, NH	AVERAGE SALARY RANGE $51,711 - $63,825	COMPARE TO Lowell, MA
CITY, STATE Salem, NH	AVERAGE SALARY RANGE $50,948 - $62,883	COMPARE TO Lowell, MA

See salaries for Consumer Loan Underwriter in locations close to Lowell, MA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Lowell, Massachusetts

Lowell is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massachusetts disbanded county government in 1999. With an estimated population of 109,945 in 2014, it is the fourth-largest city in Massachusetts, and the second-largest in the Boston metropolitan statistical area. The city is also part of a smaller Massachusetts statistical area called Greater Lowell, as well as New England's Merrimack Valley region. Incorporated in 1826 to serve as a mill town, Lowell was named after Francis Cabot Lowell, a local fi...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Consumer Loan Underwriter in Lowell, MA

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Loan Underwriter I	LOCATION Lowell, MA	MINIMUM SALARY $56,538	MAXIMUM SALARY $74,850
JOB TITLE Loan Underwriter II	LOCATION Lowell, MA	MINIMUM SALARY $68,867	MAXIMUM SALARY $90,383
JOB TITLE Loan Underwriter III	LOCATION Lowell, MA	MINIMUM SALARY $82,466	MAXIMUM SALARY $108,632
JOB TITLE Consumer Underwriter	LOCATION Lowell, MA	MINIMUM SALARY $52,045	MAXIMUM SALARY $64,237
JOB TITLE Loan Underwriter IV	LOCATION Lowell, MA	MINIMUM SALARY $95,815	MAXIMUM SALARY $126,180
JOB TITLE Consumer Lending Underwriter	LOCATION Lowell, MA	MINIMUM SALARY $62,825	MAXIMUM SALARY $82,715

The Consumer Loan Underwriter job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Lowell, MA that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

52045

64237

About Lowell, Massachusetts Lowell is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massach....More

Lowell, Massachusetts area prices were up 1.6% from a year ago

Consumer Loan Underwriter Salary in popular cities: Boston, Worcester, Springfield

Recently searched related titles: Financial Center Lending Officer, Indirect Loan Officer, Client Onboarding Associate

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

Jobs with a similar salary range to Consumer Loan Underwriter : Ship Mate, Student Pastor, Public Service Aide