How much does a Loan Underwriter III make in Arkansas? The average Loan Underwriter III salary in Arkansas is $80,274 as of March 26, 2024, but the range typically falls between $68,860 and $90,710. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Loan Underwriter III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter III Salary $58,468 AR March 26, 2024
25th Percentile Loan Underwriter III Salary $68,860 AR March 26, 2024
50th Percentile Loan Underwriter III Salary $80,274 AR March 26, 2024
75th Percentile Loan Underwriter III Salary $90,710 AR March 26, 2024
90th Percentile Loan Underwriter III Salary $100,211 AR March 26, 2024
25% $68,860 10% $58,468 90% $100,211 75% $90,710 $80,274 50%(Median) Didn’t find job title? Click
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What skills does a Loan Underwriter III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.

Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).

Analysis 18.78%
Microsoft Office 2.14%
Commercial Banking 1.04%
Others 78.04%

Job Description for Loan Underwriter III

Loan Underwriter III reviews loan applications and related documentation to determine loan eligibility and terms. Analyzes financial information provided and collects additional documentation as necessary. Being a Loan Underwriter III provides loan options, terms, or other product recommendations based on qualifications. Assists customers through the loan process by researching and answering customer inquiries, clarifying details, and coordinating with internal parties. Additionally, Loan Underwriter III typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Loan Underwriter III typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Underwriter III in Arkansas

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Location Avg. Salary Date Updated
Location Texarkana, AR Avg. Salary $80,098 Date Updated March 26, 2024
Location Adona, AR Avg. Salary $80,186 Date Updated March 26, 2024
Location Alexander, AR Avg. Salary $80,891 Date Updated March 26, 2024
Location Alicia, AR Avg. Salary $81,948 Date Updated March 26, 2024
Location Alix, AR Avg. Salary $76,485 Date Updated March 26, 2024
Location Alleene, AR Avg. Salary $79,922 Date Updated March 26, 2024
Location Alma, AR Avg. Salary $76,838 Date Updated March 26, 2024
Location Almyra, AR Avg. Salary $78,071 Date Updated March 26, 2024
Location Alpena, AR Avg. Salary $79,481 Date Updated March 26, 2024
Location Alpine, AR Avg. Salary $79,129 Date Updated March 26, 2024

Career Path for Loan Underwriter III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Underwriter III, the upper level is Loan Underwriter IV and then progresses to Loan Underwriting Supervisor.

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Loan Underwriter III Salary in Arkansas
Loan Underwriter III Salary Graph, Regional Distribution and Summary