Underwriter, Commercial Real Estate Salary

Commercial Real Estate Underwriters in the United States can expect to earn an average of $66K per year. Career length and the particular city each impact pay for this group, with the former having the largest influence. Male Commercial Real Estate Underwriters are more prevalent than women among those who took the survey — 63 percent of professionals. Most Commercial Real Estate Underwriters report high levels of job satisfaction. Medical benefits are awarded to almost all, and a large number earn dental coverage. The information for this snapshot was generated by responses to the PayScale salary survey.

$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: 20 Jun 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: 20 Jun 2015 | Individuals Reporting: 10
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Commercial Real Estate Underwriters usually report a few specific skills. 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. Competency in Financial Analysis frequently indicates knowledge of Loan Underwriting.

Pay by Experience Level for Underwriter, Commercial Real Estate

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


Workers in their first five years can expect to earn $55K, but people who have been around for five to 10 years earn a noticeably bigger sum of $83K. Commercial Real Estate Underwriters claiming one to two decades of experience make an estimated median of $92K. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $74K by contrast.

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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 23%

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 29 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
3%
1-4 years
40%
5-9 years
24%
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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