Consumer Loan Underwriter Salary in Minneapolis, MN

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How much does a Consumer Loan Underwriter make in Minneapolis, MN? The average Consumer Loan Underwriter salary in Minneapolis, MN is $57,216 as of March 26, 2024, but the salary range typically falls between $50,614 and $62,470. 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.

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Salary range for a Consumer Loan Underwriter

$50,614 to $62,470

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Consumer Loan Underwriter

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Job Openings for Consumer Loan Underwriter in Minneapolis, MN

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 - 31 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 - 4 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 - 16 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 - 76 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 - 2 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 - 8 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

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Consumer Loan Underwriter Salary By Experience Levels in Minneapolis, MN

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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 Minneapolis, MN

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LEVEL OF EDUCATION

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Average Salary Range for Consumer Loan Underwriter in Minneapolis, MN

Average Base Salary

Core compensation

50614

62470

57216

Average Total Cash Compensation

Includes base and annual incentives

51881

66390

58936

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 Minneapolis, MN. The base salary for Consumer Loan Underwriter ranges from $50,614 to $62,470 with the average base salary of $57,216. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,881 to $66,390 with the average total cash compensation of $58,936.

View Average Salary for Consumer Loan Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$57,216	$50,614 - $62,470
Bonus	$1,720	$1,268 - $3,919
Total Pay	$58,936	$51,881 - $66,390

* 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 Minneapolis, MN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Minneapolis, MN
CITY, STATE Minnetonka, MN	AVERAGE SALARY RANGE $50,824 - $62,729	COMPARE TO Minneapolis, MN
CITY, STATE Eden Prairie, MN	AVERAGE SALARY RANGE $50,738 - $62,623	COMPARE TO Minneapolis, MN
CITY, STATE Saint Paul, MN	AVERAGE SALARY RANGE $50,824 - $62,729	COMPARE TO Minneapolis, MN
CITY, STATE Burnsville, MN	AVERAGE SALARY RANGE $50,680 - $62,553	COMPARE TO Minneapolis, MN
CITY, STATE Lakeville, MN	AVERAGE SALARY RANGE $50,509 - $62,341	COMPARE TO Minneapolis, MN
CITY, STATE Saint Cloud, MN	AVERAGE SALARY RANGE $45,753 - $56,471	COMPARE TO Minneapolis, MN

See salaries for Consumer Loan Underwriter in locations close to Minneapolis, MN. 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 Minneapolis, Minnesota

Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in the United States. As of 2017, Minneapolis is the largest city in the state of Minnesota and 45th-largest in the United States, with an estimated population of 422,331. The Twin Cities metropolitan area consists of Minneapolis, its neighbor Saint Paul, and suburbs which altogether contain about 3.6 million people, and is the third-largest economic center in the Midwest. Minneapolis lies on both banks of the Mississippi River, just north of the riv...

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

View Salary for Similar Jobs to Consumer Loan Underwriter in Minneapolis, MN

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Loan Underwriter I	LOCATION Minneapolis, MN	MINIMUM SALARY $54,983	MAXIMUM SALARY $72,792
JOB TITLE Loan Underwriter II	LOCATION Minneapolis, MN	MINIMUM SALARY $66,974	MAXIMUM SALARY $87,898
JOB TITLE Loan Underwriter III	LOCATION Minneapolis, MN	MINIMUM SALARY $80,198	MAXIMUM SALARY $105,645
JOB TITLE Consumer Underwriter	LOCATION Minneapolis, MN	MINIMUM SALARY $50,614	MAXIMUM SALARY $62,470
JOB TITLE Loan Underwriter IV	LOCATION Minneapolis, MN	MINIMUM SALARY $93,180	MAXIMUM SALARY $122,710
JOB TITLE Consumer Lending Underwriter	LOCATION Minneapolis, MN	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 Minneapolis, MN that might be a good fit for the type of job and salary you are looking for.

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50614

62470

About Minneapolis, Minnesota Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota area prices were up 1.4% from a year ago

Consumer Loan Underwriter Salary in popular cities: Saint Paul, Rochester, Duluth

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

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