Loan underwriter: Average Salary in Chicago, IL, 2026

Find out what the average Loan underwriter salary is

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How much does a Loan underwriter make in Chicago, IL?

$89,440/ Annual
Based on 10000 salaries

The average Loan underwriter in Chicago, IL is $89,440 per year or $45.26 per hour. Entry-level positions start at $47,639 per year, while most experienced workers make up to $133,190 per year.

Median$89,440

Low$47,639

High$133,190

Loan underwriter: Average Salary in United States of America

New York$105,595

Georgia$95,255

New Jersey$93,600

New Hampshire$93,600

Maine$90,480

Active jobs with salaries

Commercial Underwriter - Healthcare /Senior Living Facilities

Old National BancorpPalos Heights, IL, United States

Full-time

Old National Bank has been serving clients and communities since 1834.With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve.As a trusted part... Show more

Construction Underwriter

MSIG HoldingsChicago, IL, United States

Full-time

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc.P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions.Leveraging ou... Show more

Senior Underwriter - Middle Market Solutions

Crum & ForsterChicago, IL, United States

Full-time

Senior/Executive Middle Market Underwriter.Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and su... Show more

Underwriter, Cyber and E&O Liability

WestfieldChicago, IL, United States

Full-time

Underwriters are responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, gross written premium, and expense goals, management and g... Show more