Underwriter with Loan Underwriting Skills Salary

The average salary for an Underwriter with Loan Underwriting skills is $54,272 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. Experience has a moderate effect on income for this job.

$36,906 - $80,644
(Median)
$37K
$54K
$81K
MEDIAN: $54,271
10%
50%
90%

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$14.01 - $31.43
(Median)
$14
$19
$31
MEDIAN: $19.00
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$29K$58K$87K
Salary
$36,906 - $80,644  
   
Bonus
$0.00 - $12,171  
Profit Sharing
$494.93 - $6,904  
Commission
$8,500  
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).
)
$35,416 - $85,022  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 508
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$18$36$54
Hourly Rate
$14.01 - $31.43  
   
Overtime
$20.41 - $51.96  
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 - $12,171  
   
Commission
$8,500  
Profit Sharing
$494.93 - $6,904  
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).
)
$35,416 - $85,022  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 139
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Pay by Experience Level for Underwriter

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

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Find Out Exactly What You Should Be Paid

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Experience Affects Underwriter Salaries

Late-Career
up arrow 36%

Experienced
up arrow 21%

Mid-Career
up arrow 8%

National Average
$54,000

Entry-Level
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 134 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
4%
1-4 years
48%
5-9 years
21%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 80%
medical benefits
Vision: 71%
dental benefits
None: 11%
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