Underwriter, Commercial Real Estate Salary

Commercial Real Estate Underwriters in the United States can expect to earn an average of $67K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Most workers in this position report high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to more than half. There are more male Commercial Real Estate Underwriters than female among those who completed the questionnaire, making up 64 percent. The data for this synopsis comes from respondents who took the PayScale salary survey.

$40,555 - $96,751

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$12.44 - $39.73

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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$50K$100K$150K
Salary
$40,555 - $96,751  
   
Bonus
$0.00 - $20,823  
Profit Sharing
$2,250 - $5,000  
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).
)
$40,956 - $111,390  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 209
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$25$50$75
Hourly Rate
$12.44 - $39.73  
   
Overtime
$23.58 - $42.73  
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$50K$100K$150K
Bonus
$0.00 - $20,823  
   
Profit Sharing
$2,250 - $5,000  
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).
)
$40,956 - $111,390  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 10
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Commercial Real Estate Underwriters typically list a handful of skills they use on the job. Lucky workers who know Real Estate can expect a significant pay bump, scoring salaries 35 percent above average. Financial Analysis and Loan Underwriting are also correlated to pay that is above average, with increases between 6 percent and 35 percent. Employees educated in Financial Analysis are typically practiced in Loan Underwriting, too.

Pay by Experience Level for Underwriter, Commercial Real Estate

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


Salaries for the relatively untried average out to around $56K, but survey participants with five to 10 years of experience earn a significantly higher median of $82K. For Commercial Real Estate Underwriters, 10 to 20 years of experience on the job amounts to an average salary 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 29%

Mid-Career
up arrow 15%

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 27 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
3%
1-4 years
39%
5-9 years
26%
10-19 years
23%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 86%
vision benefits Vision: 68% employee benefits None: 5%
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