Underwriter with Loan Underwriting Skills Salary

An Underwriter with Loan Underwriting skills earns an average salary of $58,652 per year. People in this job generally don't have more than 20 years' experience.

$38,683 - $86,194
$39K
$58K
$86K
MEDIAN: $58,010
10%
50%
90%

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$13.34 - $31.09
$13
$20
$31
MEDIAN: $19.80
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$31K$62K$93K
Salary
$38,683 - $86,194  
   
Bonus
$520 - $15,456  
Profit Sharing
$0.00 - $5,771  
Commission
$8,000  
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).
)
$36,270 - $90,774  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 343
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$19$38$57
Hourly Rate
$13.34 - $31.09  
   
Overtime
$18.97 - $54.52  
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
$520 - $15,456  
   
Commission
$8,000  
Profit Sharing
$0.00 - $5,771  
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).
)
$36,270 - $90,774  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 125

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United States (change)

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Pay by Experience Level for Underwriter

Pay by Experience for an Underwriter has a positive trend. An entry-level Underwriter with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 261 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $63,000 based on 116 salaries. An experienced Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $68,000 based on 97 salaries. An Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $72,000 based on 47 salaries.

Pay Difference by Location

National Average: $55,690

Larger city markers indicate a job is popular in that location.

Key Stats for Underwriter

Gender

Female
53 %
Male
47 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 95 votes.
Less than 1 year
6%
1-4 years
45%
5-9 years
20%
10-19 years
19%
20 years or more
11%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Underwriter Salaries

Late-Career
▲29%

▲22%

▲13%

National Average
$56,000

▼11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 95 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
6%
1-4 years
45%
5-9 years
20%
10-19 years
19%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 81%
vision benefits
Vision: 75%
no benefits
None: 11%
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