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Loan supervisor vs senior underwriter

The differences between loan supervisors and senior underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior underwriter has an average salary of $69,375, which is higher than the $67,504 average annual salary of a loan supervisor.

The top three skills for a loan supervisor include customer service, real estate and financial statements. The most important skills for a senior underwriter are customer service, portfolio, and underwriting guidelines.

Loan supervisor vs senior underwriter overview

Loan SupervisorSenior Underwriter
Yearly salary$67,504$69,375
Hourly rate$32.45$33.35
Growth rate4%-4%
Number of jobs9,6066,726
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 71%
Average age4544
Years of experience6-

Loan supervisor vs senior underwriter salary

Loan supervisors and senior underwriters have different pay scales, as shown below.

Loan SupervisorSenior Underwriter
Average salary$67,504$69,375
Salary rangeBetween $46,000 And $98,000Between $44,000 And $108,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Capital Group
Best paying industry-Insurance

Differences between loan supervisor and senior underwriter education

There are a few differences between a loan supervisor and a senior underwriter in terms of educational background:

Loan SupervisorSenior Underwriter
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Loan supervisor vs senior underwriter demographics

Here are the differences between loan supervisors' and senior underwriters' demographics:

Loan SupervisorSenior Underwriter
Average age4544
Gender ratioMale, 36.4% Female, 63.6%Male, 42.0% Female, 58.0%
Race ratioBlack or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.5% American Indian and Alaska Native, 0.5%Black or African American, 9.3% Unknown, 2.5% Hispanic or Latino, 9.4% Asian, 5.6% White, 72.9% American Indian and Alaska Native, 0.4%
LGBT Percentage8%9%

Differences between loan supervisor and senior underwriter duties and responsibilities

Loan supervisor example responsibilities.

  • Manage loan origination underwriting and funding teams for dealer and consumer financial products and services.
  • Receive loans originate by multiple loan officers, gather all necessary documentation and submit complete underwriting packages to lenders.
  • Analyze mortgagors for approval of HAMP or traditional modification.

Senior underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Perform underwriter approval/declines on FHA, VA, FmHA and conventional loan applications providing financing for one-to-four family residential properties.
  • Fix and n variable annuities.
  • Check for the accuracy and proper recording of UCC filings and mortgages.
  • Order and review flood searches, title reports, UCC searches, appraisals, insurance policies and binders, and contracts.
  • Review preliminary HUD-1 for accuracy.
  • Show more

Loan supervisor vs senior underwriter skills

Common loan supervisor skills
  • Customer Service, 14%
  • Real Estate, 13%
  • Financial Statements, 9%
  • Escrow, 7%
  • Mortgage Loans, 6%
  • Direct Reports, 5%
Common senior underwriter skills
  • Customer Service, 11%
  • Portfolio, 8%
  • Underwriting Guidelines, 5%
  • Strong Analytical, 4%
  • SR, 4%
  • Excellent Interpersonal, 4%

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