How much does a Loan Underwriter IV make in the United States? The average Loan Underwriter IV salary in the United States is $102,563 as of March 26, 2024, but the range typically falls between $87,823 and $115,655. 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. 

Loan Underwriter IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Underwriter IV Salary $74,403 US March 26, 2024
25th Percentile Loan Underwriter IV Salary $87,823 US March 26, 2024
50th Percentile Loan Underwriter IV Salary $102,563 US March 26, 2024
75th Percentile Loan Underwriter IV Salary $115,655 US March 26, 2024
90th Percentile Loan Underwriter IV Salary $127,575 US March 26, 2024
25% $87,823 10% $74,403 90% $127,575 75% $115,655 $102,563 50%(Median) Didn’t find job title? Click
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Job Description for Loan Underwriter IV

Loan Underwriter IV 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 IV 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 IV typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Loan Underwriter IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Loan Underwriter IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Career Path for Loan Underwriter IV

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

Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Loan Underwriter IV salary varies from city to city. Compared with national average salary of Loan Underwriter IV, the highest Loan Underwriter IV salary is in San Francisco, CA, where the Loan Underwriter IV salary is 25.0% above. The lowest Loan Underwriter IV salary is in Miami, FL, where the Loan Underwriter IV 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%

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Average Base Salary

Core compensation

 
 
 
87823
115655
102563

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
93695
133062
111871
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Underwriter IV in the United States. The base salary for Loan Underwriter IV ranges from $87,823 to $115,655 with the average base salary of $102,563. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $93,695 to $133,062 with the average total cash compensation of $111,871.
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87823
115655

 

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Skills associated with Loan Underwriter IV: Loan Authorization, Underwriting & Rating Software, Loan Software, Loan Review ...More

Loan Underwriter IV Salary in United States
Loan Underwriter IV Salary Graph, Regional Distribution and Summary