Loan Underwriter, Consumer Salary

A Loan Underwriter, Consumer earns an average salary of $46,434 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.

$35,396 - $62,532
(Median)
$35K
$46K
$63K
MEDIAN: $46,434
10%
50%
90%

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$14.86 - $25.62
(Median)
$15
$19
$26
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Salary
$35,396 - $62,532  
   
Bonus
$0.00 - $9,627  
Profit Sharing
$1,130  
Commission
$3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,941 - $64,904  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 225
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$14.86 - $25.62  
   
Overtime
$21.01 - $38.66  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $9,627  
   
Commission
$3,000  
Profit Sharing
$1,130  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,941 - $64,904  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 128
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Pay by Experience Level for Loan Underwriter, Consumer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

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Experience Affects Loan Underwriter, Consumer Salaries

Late-Career
up arrow 15%

Experienced
up arrow 10%

Mid-Career
up arrow 1%

National Average
$46,000

Entry-Level
up arrow 6%

Skills That Affect Loan Underwriter, Consumer Salaries

Loan Underwriting
up arrow 1%

Mortgage Loans
up arrow 1%

Financial Analysis
0%

National Average
$46,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 60 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
4%
1-4 years
40%
5-9 years
22%
10-19 years
27%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 80%
medical benefits
Vision: 66%
dental benefits
None: 9%
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