Loan Underwriter, Consumer Salary

A Loan Underwriter, Consumer earns an average salary of $48,236 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.

$38,579 - $61,491
$39K
$48K
$61K
MEDIAN: $48,236
10%
50%
90%

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$15.77 - $28.04
$16
$20
$28
MEDIAN: $19.59
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
$38,579 - $61,491  
   
Bonus
$1,237 - $10,017  
Profit Sharing
$1,110  
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).
)
$35,023 - $64,332  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 104
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$15$30$45
Hourly Rate
$15.77 - $28.04  
   
Overtime
$24.09 - $42.98  
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$30K$60K$90K
Bonus
$1,237 - $10,017  
   
Commission
$3,000  
Profit Sharing
$1,110  
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).
)
$35,023 - $64,332  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 75

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Common Career Paths for Loan Underwriter, Consumer


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Pay by Experience Level for Loan Underwriter, Consumer

Pay by Experience for a Loan Underwriter, Consumer has a positive trend. An entry-level Loan Underwriter, Consumer with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 102 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Underwriter, Consumer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $47,000 based on 46 salaries. An experienced Loan Underwriter, Consumer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $50,000 based on 45 salaries. A Loan Underwriter, Consumer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $52,000 based on 18 salaries.

Related Job Salaries

Key Stats for Loan Underwriter, Consumer

Gender

Female
53 %
Male
47 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.
Less than 1 year
6%
1-4 years
44%
5-9 years
18%
10-19 years
22%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Underwriter, Consumer Salaries

▲10%

▲6%

▼0%

National Average
$47,000

▼3%

Skills That Affect Loan Underwriter, Consumer Salaries


National Average
$47,000

Mortgage Loans
▼2%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
18%
10-19 years
22%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 80%
vision benefits
Vision: 73%
no benefits
None: 11%