This question is about mortgage underwriter salaries.

How much do loan underwriters make?

By Zippia Team - Nov. 10, 2021

Loan underwriters can make about $32,500 to $93,000. However, the majority of loan underwriter salaries currently range between $39,500 and $67,000.

While many factors affect earning potential for loan underwriters, location is a significant influence. Loan underwriters can make 16 percent more living in San Francisco, Santa Clara, and Washington D.C.

These top locations for higher-level salaries for loan underwriters beat the national average by about 16%, with an average salary of around $92,000.

Another influence on earnings for loan underwriters is the level of experience. Entry-level loan underwriters make significantly less than highly experienced loan underwriters. If a person is skilled and experienced at all types of loans, they can easily make around $100,000. Without those skills and experience, entry-level roles only make $40,000 or less.

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