How much does a Loan Underwriting Supervisor make in Virginia? The average Loan Underwriting Supervisor salary in Virginia is $99,409 as of April 24, 2024, but the range typically falls between $82,970 and $110,836. 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 Underwriting Supervisor Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriting Supervisor Salary $68,002 VA April 24, 2024
25th Percentile Loan Underwriting Supervisor Salary $82,970 VA April 24, 2024
50th Percentile Loan Underwriting Supervisor Salary $99,409 VA April 24, 2024
75th Percentile Loan Underwriting Supervisor Salary $110,836 VA April 24, 2024
90th Percentile Loan Underwriting Supervisor Salary $121,240 VA April 24, 2024
25% $82,970 10% $68,002 90% $121,240 75% $110,836 $99,409 50%(Median) Didn’t find job title? Click
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What skills does a Loan Underwriting Supervisor 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.

Credit Management: Granting and paying credit within the defined payment terms and conditions to improve the revenue and profit of the company.

3.

Billing: Billing refers to the aspect of banking, whereby someone is charged accurately for what item they purchased.

Analysis 6.65%
Credit Management 1.58%
Billing 0.95%
Others 90.82%

Job Description for Loan Underwriting Supervisor

Loan Underwriting Supervisor supervises underwriting operations and oversees the loan application review process to determine loan eligibility and terms. Coordinates the day-to-day activities of the underwriting team to ensure that loan screening is conducted timely, accurately, and in compliance with all regulations. Being a Loan Underwriting Supervisor provides loan options or product recommendations based on qualifications and keeps the team updated and informed of new products, regulations, or product changes. Assists customers through the loan process by researching and answering complex or unique customer inquiries, clarifying details, and coordinating with internal parties. Additionally, Loan Underwriting Supervisor requires a bachelor's degree. Typically reports to a manager. The Loan Underwriting Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be a Loan Underwriting Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Underwriting Supervisor in Virginia
  • Massanutten Resort. Great Eastern Resort Corporation. Job Summary. The Supervisor, Loan Servicing serves as a strategic liaison between management and staf...
    - 6 Days Ago
  • Supervisor - Dealer Finance Underwriting. Job Category****:** Dealer Finance **Requisition Number****:** SUPER04821 Showing 1 location **Job Details. Descr...
    - 6 Days Ago
  • NYC 299 Park Avenue (22957), United States of America, New York, New YorkDirector, Community Finance - Underwriting, Portfolio & Loan Management Overview. ...
    - 6 Days Ago
  • Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidia...
    - 27 Days Ago
  • Position can be at a higher level commensurate with experience. Job Summary. The Underwriting Analyst works with Product, Application Services, Underwritin...
    - 2 Months Ago

Select a city to view specific salary and bonus information for Loan Underwriting Supervisor

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Location Avg. Salary Date Updated
Location Annandale, VA Avg. Salary $110,311 Date Updated April 24, 2024
Location Virginia State University, VA Avg. Salary $96,138 Date Updated April 24, 2024
Location Abingdon, VA Avg. Salary $86,524 Date Updated April 24, 2024
Location Accomac, VA Avg. Salary $93,660 Date Updated April 24, 2024
Location Achilles, VA Avg. Salary $93,660 Date Updated April 24, 2024
Location Afton, VA Avg. Salary $90,291 Date Updated April 24, 2024
Location Alberta, VA Avg. Salary $95,544 Date Updated April 24, 2024
Location Aldie, VA Avg. Salary $109,816 Date Updated April 24, 2024
Location Alexandria, VA Avg. Salary $110,311 Date Updated April 24, 2024
Location Altavista, VA Avg. Salary $90,588 Date Updated April 24, 2024

Career Path for Loan Underwriting Supervisor

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 Underwriting Supervisor, the upper level is Loan Underwriting Supervisor, Sr. and then progresses to Loan Underwriting Manager.

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Loan Underwriting Supervisor Salary in Virginia
Loan Underwriting Supervisor Salary Graph, Regional Distribution and Summary