What are the main factors that influence a Collateral Underwriter's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Collateral Underwriter's salary?

A Collateral Underwriter's salary grows with experience: an Appraiser I (Commercial Real Estate) (0-2 years)earns $59,920, an Appraiser II (Commercial Real Estate) (2-4 years)earns $78,957, an Collateral Underwriter (4-7 years)earns $95,969, an Appraiser IV (Commercial Real Estate) (7+ years)earns $118,701, an Appraisal Manager (7+ years)earns $115,505,

What are the highest paying states for a Collateral Underwriter?

Collateral Underwriter salary varies significantly by state. The top 3 highest paying states for Collateral Underwriter roles are District of Columbia $104,712, California $104,315, Massachusetts $102,925. These tech hubs typically pay 10-15% above the national average.

How much do different types of Collateral Underwriter roles make?

Salaries for Collateral Underwriter level roles vary by specialization: Collateral Management Analyst: $93,690; Underwriter: $93,619; Underwriter III: $92,691; Collateral Analyst: $79,377; Collateral Examiner: $75,073.

How do different companies affect a Collateral Underwriter's salary?

Company size, industry, and compensation structure create significant salary variations for Collateral Underwriter roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Collateral Underwriter Salary in the United States

How much does a Collateral Underwriter make in the United States?

As of May 18, 2021, the average salary for a Collateral Underwriter in the United States is $94,574 per year, which breaks down to an hourly rate of $45.

However, a Collateral Underwriter's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $110,587
Majority Range (25th-75th percentile): $84,083 to $102,956
Entry-Level (10th percentile): $74,531

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Collateral Underwriter Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$102,956	$8,580	$1,980	$49
Average	$94,574	$7,881	$1,819	$45
25th Percentile	$84,083	$7,007	$1,617	$40

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Key Factors That Influence Collateral Underwriter Salaries

A Collateral Underwriter's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Collateral Underwriter Salaries?

Experience is a primary driver of a Collateral Underwriter's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $59,920
Early Career (1-2 years): $78,957
Mid-Level (2-4 years): $95,969
Senior-Level (5-8 years): $118,701
Expert (over 8 years): $115,505

Levels	Salary
Appraiser... Level Collateral Underwriter	$59,920
Appraiser... Level Collateral Underwriter	$78,957
Collatera... Level Collateral Underwriter	$95,969
Appraiser... Level Collateral Underwriter	$118,701
Appraisal... Level Collateral Underwriter	$115,505

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What Am I Worth?

How Do Collateral Underwriter Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Collateral Underwriters. For example, consider the average annual salaries in these key locations:

District of Columbia: $104,712.
California: $104,315.
Massachusetts: $102,925.

District of Columbia $104,712 California $104,315 Massachusetts $102,925 Washington $102,547 New Jersey $102,509 Alaska $102,376 Connecticut $101,071 New York $100,542

Hawaii $98,849 Rhode Island $98,054 Maryland $97,515 Minnesota $96,778 Colorado $96,494 Illinois $96,399 Oregon $96,040 Delaware $95,775

New Hampshire $95,609 Virginia $95,236 Pennsylvania $94,149 Nevada $93,600 North Dakota $93,420 Michigan $93,137 Wisconsin $93,033 Vermont $92,824

Texas $92,248 Maine $92,210 Arizona $92,153 Ohio $92,087 Georgia $91,217 Indiana $90,782 Wyoming $90,697 Utah $90,564

Iowa $90,507 Kansas $90,053 Louisiana $89,921 North Carolina $89,874 Missouri $89,855 Florida $89,486 Montana $89,287 Nebraska $89,098

Kentucky $88,994 South Carolina $88,616 Tennessee $88,379 Idaho $88,285 New Mexico $87,595 Oklahoma $87,443 Alabama $86,885 South Dakota $85,949

Arkansas $85,438 West Virginia $85,164 Mississippi $84,341

Top Paying Cities for Collateral Underwriters

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $119,286
San Francisco: $118,114
Oakland: $115,494

San Jose, CA $119,286

San Francisco, CA $118,114

Oakland, CA $115,494

New York, NY $109,602

Queens Village, NY $108,893

Paramus, NJ $108,136

Passaic, NJ $108,041

Bergenfield, NJ $107,947

Stamford, CT $107,805

Huntington, NY $107,710

Newark, NJ $107,096

Bridgeport, CT $106,907

New Brunswick, NJ $106,594

Vallejo, CA $106,396

Middlesex, NJ $106,339

Somerset, NJ $106,254

Petaluma, CA $106,036

Santa Cruz, CA $105,668

Boston, MA $105,478

Monterey, CA $105,006

Fairbanks, AK $104,939

Los Angeles, CA $104,760

Washington, DC $104,712

Seattle, WA $104,542

Santa Rosa, CA $104,523

Juneau, AK $104,249

Orange, CA $103,937

Anchorage, AK $103,767

Anaheim, CA $103,701

Santa Ana, CA $103,559

Nassau, NY $103,502

Long Beach, CA $103,464

Danbury, CT $103,436

Santa Maria, CA $103,114

Everett, WA $103,095

Bremerton, WA $102,632

Trenton, NJ $102,452

Sacramento, CA $102,414

San Diego, CA $102,367

Brockton, MA $102,329

Tacoma, WA $102,291

Santa Barbara, CA $102,159

Lowell, MA $101,781

New Suffolk, NY $101,743

Nashua, NH $101,629

Lompoc, CA $101,478

Ventura, CA $101,383

Stockton, CA $101,355

New Haven, CT $101,166

Atlantic City, NJ $100,920

Hartford, CT $100,712

Modesto, CA $100,665

Poughkeepsie, NY $100,457

New Britain, CT $100,409

Kennewick, WA $100,277

Olympia, WA $100,277

New London, CT $100,258

Norwich, CT $100,230

Lawrence, MA $100,182

Bakersfield, CA $99,918

New Bedford, MA $99,785

Riverside, CA $99,785

Richland, WA $99,691

Portsmouth, NH $99,615

Vineland, NJ $99,596

San Bernardino, CA $99,520

Boulder, CO $99,256

Worcester, MA $99,180

Portland, OR $99,095

Saint Paul, MN $98,981

Minneapolis, MN $98,981

Philadelphia, PA $98,849

Honolulu, HI $98,348

Springfield, MA $98,017

Providence, RI $98,007

Chicago, IL $97,733

Bellingham, WA $97,619

Baltimore, MD $97,515

Chico, CA $97,279

Wilmington, DE $97,118

Pittsfield, MA $97,024

Manchester, NH $96,844

Spokane, WA $96,428

Denver, CO $96,418

Albany, NY $95,974

Troy, NY $95,936

Schenectady, NY $95,737

Burlington, VT $95,529

Portland, ME $95,198

Salem, OR $95,123

Yakima, WA $95,104

Ann Arbor, MI $95,075

Rochester, MN $94,811

Reno, NV $94,763

Fresno, CA $94,763

Milwaukee, WI $94,678

Detroit, MI $94,584

Allentown, PA $94,555

Carson City, NV $94,546

Houston, TX $94,404

Colorado Springs, CO $94,394

Syracuse, NY $94,347

Eugene, OR $94,167

Gary, IN $94,054

Bismarck, ND $94,054

Galveston, TX $94,054

Springfield, OR $93,978

Medford, OR $93,751

Fort Collins, CO $93,713

Austin, TX $93,638

Mesa, AZ $93,439

Phoenix, AZ $93,420

Dallas, TX $93,392

Reading, PA $93,335

Saint Cloud, MN $93,297

Concord, NH $93,212

Madison, WI $93,174

Utica, NY $92,919

Raleigh, NC $92,843

Las Vegas, NV $92,834

Rochester, NY $92,768

Des Moines, IA $92,758

Atlanta, GA $92,607

Battle Creek, MI $92,579

Salt Lake City, UT $92,550

Lancaster, PA $92,408

Champaign, IL $92,389

Harrisburg, PA $92,276

Durham, NC $92,191

Kansas City, MO $92,181

Kansas City, KS $92,162

Fort Worth, TX $92,153

Boca Raton, FL $92,115

Cleveland, OH $92,106

Columbus, OH $92,087

Pittsburgh, PA $92,077

Richmond, VA $92,040

Indianapolis, IN $92,021

Cincinnati, OH $91,898

Petersburg, VA $91,756

Lansing, MI $91,548

Billings, MT $91,548

Huntsville, AL $91,548

Lebanon, PA $91,538

Pueblo, CO $91,529

Dayton, OH $91,529

Appleton, WI $91,500

Buffalo, NY $91,463

Racine, WI $91,415

Charlotte, NC $91,406

Saint Louis, MO $91,377

Springfield, IL $91,340

York, PA $91,321

Elkhart, IN $91,321

Gastonia, NC $91,311

Benton Harbor, MI $91,311

Beaumont, TX $91,255

Lorain, OH $91,236

Toledo, OH $91,198

Binghamton, NY $91,151

Rock Hill, SC $91,141

Rockford, IL $91,094

Elyria, OH $91,046

Fargo, ND $91,046

Flagstaff, AZ $90,980

Fort Lauderdale, FL $90,924

Miami, FL $90,867

Duluth, MN $90,715

Bangor, ME $90,593

Cedar Rapids, IA $90,489

Louisville, KY $90,441

Grand Rapids, MI $90,422

Hialeah, FL $90,413

Casper, WY $90,280

Scranton, PA $90,167

New Orleans, LA $90,139

Virginia Beach, VA $90,129

Akron, OH $90,082

Peoria, IL $89,959

Sarasota, FL $89,940

Green Bay, WI $89,874

Baton Rouge, LA $89,826

Charleston, SC $89,808

Nashville, TN $89,779

Jamestown, NY $89,760

Davenport, IA $89,760

Tucson, AZ $89,713

Cheyenne, WY $89,685

Saint Petersburg, FL $89,656

Tampa, FL $89,637

Omaha, NE $89,618

Evansville, IN $89,581

Port Arthur, TX $89,581

Bradenton, FL $89,543

Santa Fe, NM $89,373

Orlando, FL $89,278

Clearwater, FL $89,174

La Crosse, WI $88,975

Canton, OH $88,975

Grand Forks, ND $88,947

Tulsa, OK $88,919

Albuquerque, NM $88,919

Newport News, VA $88,909

High Point, NC $88,881

Ogden, UT $88,843

Corpus Christi, TX $88,767

Laramie, WY $88,711

Norfolk, VA $88,711

Rock Island, IL $88,654

Saginaw, MI $88,635

Jacksonville, FL $88,625

Salisbury, NC $88,606

Memphis, TN $88,588

Moline, IL $88,540

Fort Myers, FL $88,512

Waterloo, IA $88,389

Spartanburg, SC $88,294

Lincoln, NE $88,247

Fort Wayne, IN $88,228

Birmingham, AL $88,124

Cedar Falls, IA $88,105

Provo, UT $88,096

Springfield, OH $88,086

San Antonio, TX $88,067

Greensboro, NC $88,030

South Bend, IN $88,020

Winston Salem, NC $88,011

Boise, ID $87,982

Savannah, GA $87,916

Muskegon, MI $87,746

Lima, OH $87,632

Lake Charles, LA $87,595

Anderson, IN $87,576

Lexington, KY $87,547

Augusta, GA $87,519

Greenville, SC $87,519

Wichita, KS $87,434

Tuscaloosa, AL $87,434

Columbia, SC $87,349

Bloomington, IN $87,112

Roanoke, VA $87,055

Asheville, NC $86,933

Knoxville, TN $86,772

Shreveport, LA $86,762

Wilmington, NC $86,639

Frankfort, KY $86,460

Oklahoma City, OK $86,393

Chillicothe, OH $86,356

Longview, TX $86,346

Topeka, KS $86,318

Mobile, AL $86,176

Terre Haute, IN $86,138

Erie, PA $86,129

Altoona, PA $86,081

Melbourne, FL $86,053

Amarillo, TX $86,015

Killeen, TX $85,987

Fayetteville, AR $85,911

Sioux Falls, SD $85,845

Chattanooga, TN $85,788

Idaho Falls, ID $85,779

Gainesville, FL $85,580

Portsmouth, OH $85,533

Little Rock, AR $85,514

Lynchburg, VA $85,514

Youngstown, OH $85,476

Lafayette, LA $85,476

Temple, TX $85,438

Daytona Beach, FL $85,419

Clarksville, TN $85,410

Pensacola, FL $85,400

Hopkinsville, KY $85,117

Charleston, WV $85,107

Florence, SC $85,060

Sioux City, IA $85,003

Macon, GA $84,729

Tallahassee, FL $84,719

Fayetteville, NC $84,701

Wichita Falls, TX $84,682

Waco, TX $84,682

Pine Bluff, AR $84,644

Vincennes, IN $84,464

Lubbock, TX $84,426

Great Falls, MT $84,370

Alamogordo, NM $84,360

Abilene, TX $84,284

Rapid City, SD $84,161

Monroe, LA $84,161

Albany, GA $84,105

Huntington, WV $84,095

Jackson, MS $84,086

Greenville, MS $84,076

Parkersburg, WV $83,982

Montgomery, AL $83,963

Johnstown, PA $83,944

Springfield, MO $83,868

Biloxi, MS $83,821

Sumter, SC $83,622

Columbus, GA $83,613

Twin Falls, ID $83,556

Pascagoula, MS $83,433

Kingsport, TN $83,187

Gulfport, MS $83,159

Alexandria, LA $82,847

Fort Smith, AR $82,610

El Paso, TX $82,355

Helena, MT $82,232

Las Cruces, NM $81,930

Harlingen, TX $81,665

Pocatello, ID $81,580

Florence, AL $81,551

Brownsville, TX $81,532

Dothan, AL $81,381

Mcallen, TX $81,334

Columbus, MS $80,634

Altus, OK $80,199

Lawton, OK $80,019

Pierre, SD $79,679

What Skills Can Increase a Collateral Underwriter's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 7.78% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Economics (Mentioned in 2.4% Job Postings): Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
Data Input (Mentioned in 1.32% Job Postings): Data input are information's that is provided to a computer or a software program. Input means to provide the program with some data to be used in it.

See More Skills

Skills	Demand Percentage
Customer Service	7.78%
Economics	2.4%
Data Input	1.32%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Collateral Underwriter's salary.

Collaboration: Can increase your salary by up to 5%.
Attention to Detail: Can increase your salary by up to 4%.
Accounting: Can increase your salary by up to 3%.

Skill	Salary	Salary % Increase
Collaboration	$99,303	5%
Attention to Detail	$98,357	4%
Accounting	$97,411	3%
Initiative	$97,411	3%
Economics	$96,466	2%
Communication Skills	$95,520	1%

Get Latest Data

How Education impacts a Collateral Underwriter's Salary?

Your level of education can impact your salary potential. While many Collateral Underwriters enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Collateral Underwriter with a Bachelor's Degree is between $89,343 and $96,776).

Collateral Underwriter Salaries by Degree Level

Typical Education for Collateral Underwriter

No Diploma 16.7%

High School 16.7%

Associates 11.1%

Bachelors 55.6%

Masters 16.7%

Doctorate 0.0%

view as table

Degree Level	% of user with this level of education
No Diploma	16.7%
High School	16.7%
Associates	11.1%
Bachelors	55.6%
Masters	16.7%
Doctorate	0.0%

view as graph

Collateral Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Collateral Underwriter's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

$84,083

Average $94,574/year

$102,956

$7,007

Average $7,881/month

$8,580

$1,617

Average $1,819/week

$1,980

$40

Average $45/hour

$49

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$102,956	$8,580	$1,980	$49
Average	$94,574	$7,881	$1,819	$45
25th Percentile	$84,083	$7,007	$1,617	$40

Salaries of jobs related to Collateral Underwriter

Salary Trends for Collateral Underwriter

Salaries for a Collateral Underwriter can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $82,718 in 2023 to around $82,431 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Collateral Underwriter salary trends, .

Average Annual Salary of Collateral Underwriter Over Time

2022

$???

2023

$82,718

2024

$82,886

2025

$82,431

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$82,718
2024	$82,886
2025	$82,431
2026	View More
2027	View More

Most common benefits for Collateral Underwriter

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Where Does Our Salary Data Come From?

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