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Banking Loan Underwriter Mortgage Salary in Elizabethtown, KY
How much does a Banking Loan Underwriter Mortgage make in Elizabethtown, KY?
$76,454 (USD)/year
Average Bonus
$2,882 (USD)
per Year
Total Compensation
$78,366.32
Entry Level
$54,523
Median
$75,484
Senior Level
$87,048
As of July, 23, 2026, the average banking loan underwriter mortgage gross salary in Elizabethtown, Kentucky is $76,454 or an equivalent hourly rate of $37. In addition, banking loan underwriter mortgages earn an average bonus of $2,882. An entry level banking loan underwriter mortgage with 1-3 years of experience earns an average salary of $54,523. At the higher end of the pay range, a senior level banking loan underwriter mortgage with 8+ years of experience earns an average salary of $87,048. Salary estimates are based on salary survey data collected directly from employers in Elizabethtown, Kentucky.
Data powered by ERI
Salary Potential for a Banking Loan Underwriter Mortgage
Explore the estimated salary growth for a Banking Loan Underwriter Mortgage in Elizabethtown, KY for up to 5 years. The estimated salary of a Banking Loan Underwriter Mortgage will be $78,427 in 1 year and $86,840 in 5 years.
View Salary by Year
Estimated Salary
$80,451
Average Growth
5.2 %
The estimated salary for a Banking Loan Underwriter Mortgage in 2 years is $80,451, which is 5.2 % average growth. This information is based on ERI's compensation database.
Typical Banking Loan Underwriter Mortgage Education
This chart displays the highest level of education for Banking Loan Underwriter Mortgages.
- 0% of Banking Loan Underwriter Mortgages have less than a High School Diploma
- 17% of Banking Loan Underwriter Mortgages have a High School Diploma
- 15% of Banking Loan Underwriter Mortgages have an Associate's Degree
- 52% of Banking Loan Underwriter Mortgages have a Bachelor's Degree
- 16% of Banking Loan Underwriter Mortgages have a Master's Degree
- 0% of Banking Loan Underwriter Mortgages have a Doctorate Degree
The typical field of study for a Banking Loan Underwriter Mortgage is Finance.
See how education can impact your salaryPopular Skills for a Banking Loan Underwriter Mortgage
Examines information
100%
Gives approval
100%
These are the most popular skills for Banking Loan Underwriter Mortgages. About 100% of Banking Loan Underwriter Mortgages have a skill in Examines information.
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View moreCost of Living in Elizabethtown, KY
The cost of living in Elizabethtown, KY is 12% lower than the national average.
12% lower
than the national average
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Frequently Asked Questions
What does a Banking Loan Underwriter Mortgage do?
Gives approval or denial for mortgage loans, following mortgage standards. Checks and examines information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards.
How much does a Banking Loan Underwriter Mortgage make in Elizabethtown, KY?
The average salary for a Banking Loan Underwriter Mortgage is $76,454 per year or $36.76 per hour in Elizabethtown, KY. Top earners have reported making up to $87,048. However, the typical pay range in Elizabethtown, KY is between $54,523 and $87,048 annually.
What is the salary trajectory for a Banking Loan Underwriter Mortgage?
Banking Loan Underwriter Mortgage is projected to see a 13.6 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Banking Loan Underwriter Mortgage salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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