Loan Underwriter I Salary in Sparks, Nevada

Loan Underwriter I Salary in Sparks, NV

How much does a Loan Underwriter I make in Sparks, NV? The average Loan Underwriter I salary in Sparks, NV is $60,895 as of April 24, 2024, but the range typically falls between $52,214 and $69,124. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Loan Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter I Salary $44,310 Sparks,NV April 24, 2024
25th Percentile Loan Underwriter I Salary $52,214 Sparks,NV April 24, 2024
50th Percentile Loan Underwriter I Salary $60,895 Sparks,NV April 24, 2024
75th Percentile Loan Underwriter I Salary $69,124 Sparks,NV April 24, 2024
90th Percentile Loan Underwriter I Salary $76,617 Sparks,NV April 24, 2024
25% $52,214 10% $44,310 90% $76,617 75% $69,124 $60,895 50%(Median) Didn’t find job title? Click
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Check out Loan Underwriter I Job Openings in Sparks, Nevada

Commercial Underwriter (Hybrid)

Great West Casualty Company - Meridian, ID

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Commercial Underwriter (Hybrid)

Great West Casualty Company - Knoxville, TN

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Loan Underwriter - Up To $20,000 In Potential Incentives

United Wholesale Mortgage - Pontiac, MI

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Underwriter Consultant (Remote)

GTT, LLC - Springfield, MA

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What skills does a Loan Underwriter I 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).

See More Skills
Analysis 18.65%
Microsoft Office 2.14%
Commercial Banking 1.03%
Others 78.18%

Job Description for Loan Underwriter I

Loan Underwriter I 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 I 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 I typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Loan Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Loan Underwriter I information for you to search for. Click on search button below to see Loan Underwriter I job openings or enter a new job title here.

Job Openings for Loan Underwriter I in Sparks, NV
  • Great West Casualty Company - Meridian, ID
    We are now hiring for a Commercial Underwriter, located in our Arlington, TX, Boise, ID or South Sioux City, NE offices. For this position, we need someone...
    - 18 Days Ago
  • Great West Casualty Company - Knoxville, TN
    We are now hiring for a Commercial Underwriter, which may be located in our Knoxville, TN or Bloomington, IN office. For this position, we need someone who...
    - 19 Days Ago
  • United Wholesale Mortgage - Pontiac, MI
    United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...
    - 9 Months Ago
  • GTT, LLC - Springfield, MA
    Underwriter Consultant (Remote). Contract Duration 6+ months. Job Duties. Our client is looking for a virtual Underwriter to join our team, tasked with und...
    - 9 Days Ago
  • Great West Casualty Company - South Sioux City, NE
    This position offers an optional hybrid work schedule, with three days working in the office and two days working remotely. Are you looking to kick-start y...
    - 25 Days Ago

Career Path for Loan Underwriter I

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 I, the upper level is Loan Underwriter II and then progresses to Loan Underwriter IV.

Loan Underwriter I
Loan Underwriter II
Loan Underwriter IV
Those that have already made the climb...
Patrick J. Haveron, Co-Chief Executive Officer and Chief Financial Officer
MAIDEN HOLDINGS LTD
Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty reinsurance solutions to regional and specialty insurers in Europe, the United States, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company writes treaties on a quota share basis and... More
Fiscal Year Ended in 2022
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Loan Underwriter I Pay Difference by Location

Loan Underwriter I salary varies from city to city. Compared with national average salary of Loan Underwriter I, the highest Loan Underwriter I salary is in San Francisco, CA, where the Loan Underwriter I salary is 25.0% above. The lowest Loan Underwriter I salary is in Miami, FL, where the Loan Underwriter I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Loan Underwriter I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
52214
69124
60895

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
53946
73327
63151
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter I in Sparks, NV. The base salary for Loan Underwriter I ranges from $52,214 to $69,124 with the average base salary of $60,895. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,946 to $73,327 with the average total cash compensation of $63,151.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

52214
69124

 

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About Sparks, Nevada    Sparks is a city in Washoe County, Nevada, United States. It was founded in 1904 and incorporated on March 15, 1905, and is located just east of Reno.....More

Sparks, Nevada  area prices were up 2.5% from a year ago    View the Cost of Living in Sparks, Nevada

Loan Underwriter I Salary in popular cities: Las Vegas, Henderson, Reno

Skills associated with Loan Underwriter I: Loan Processing, Underwriting & Rating Software, Loan Authorization, Credit Analysis ...More

Jobs with a similar salary range to Loan Underwriter I : Financial Loan Analyst

Salary estimation for Loan Underwriter I at companies like : TD Bank , America, Division of Child Support Enforcement, Verity Funding Group LLC

Jobs with a similar salary range to Loan Underwriter I : Master Carpenter