Underwriter, Commercial Real Estate Salary

Earnings for Commercial Real Estate Underwriters in the United States come in at around $66K per year on average. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Men account for the majority of Commercial Real Estate Underwriters who responded to the questionnaire — 64 percent to be exact. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most Commercial Real Estate Underwriters like their work and job satisfaction is high. Participants in PayScale's salary questionnaire provided the particulars of this report.

$40,532 - $96,800
(Median)
$41K
$66K
$97K
MEDIAN: $65,871
10%
50%
90%

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$7.05 - $39.73
(Median)
$7
$20
$40
MEDIAN: $19.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$40,532 - $96,800  
   
Bonus
$0.00 - $20,585  
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).
)
$40,663 - $111,486  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 208
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$7.05 - $39.73  
   
Overtime
$21.27 - $50.00  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $20,585  
   
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).
)
$40,663 - $111,486  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 10
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Commercial Real Estate Underwriters who responded to the survey indicated only a few skills that they use on the job. Lucky workers who know Real Estate can expect a significant pay bump, scoring salaries 35 percent above average. Loan Underwriting and Financial Analysis are also correlated to pay that is above average, with increases between 6 percent and 35 percent. It is not unusual for someone who knows Financial Analysis to be familiar with Loan Underwriting as well.

Pay by Experience Level for Underwriter, Commercial Real Estate

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


The average beginner in this position makes around $55K, but folks who have been around for five to 10 years see a markedly higher median salary of $82K. Commercial Real Estate Underwriters bring in $92K after working for 10 to 20 years. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $74K.

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Experience Affects Underwriter, Commercial Real Estate Salaries

Experienced
up arrow 30%

Mid-Career
up arrow 16%

Late-Career
up arrow 4%

National Average
$71,000

Entry-Level
up arrow 22%

Skills That Affect Underwriter, Commercial Real Estate Salaries

Real Estate
up arrow 35%



National Average
$71,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
3%
1-4 years
40%
5-9 years
25%
10-19 years
23%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 87%
vision benefits Vision: 69% employee benefits None: 5%
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