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Salary and Benefits

SBA Underwriter
$99K-$121K / yr. (est.)
$100K
$110,575 / year
$122K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About SBA Underwriter

What does a SBA Underwriter do?

We, SBA underwriters, are responsible for assessing the credit risk involved for a small business while taking financial loans for real estate or other fixed assets. With our analytical skills, we analyze the risk based on factors like income, loan amount, and the lender. Our job requires us to process a good amount of applications on a daily basis. We, SBA underwriters, ensure that we work in compliance with all the laws and guidelines of the Small Business Administration.

Core tasks:

  • processing applications based on SBA guidelines
  • communicating directly with borrowers and lenders
  • organizing files and applications
  • traveling to attend meetings and appointments

Insights

How Many Years of Experience Do Professionals Need Before Becoming SBA Underwriter?
On average, people work 7+ years in other positions prior to becoming a SBA Underwriter.
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SBA UnderwriterPhiladelphia, PA - A year ago
🤷 Is there a way to fast-track the process of becoming an SBA Underwriter? It feels like a never-ending journey!
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SBA UnderwriterPhoenix, AZ - A year ago
🤬 This is so unfair! Working for 7+ years in other jobs just to become an SBA Underwriter is outrageous!
How Long Do SBA Underwriter Employees Typically Stay in Their Roles?
On average, SBA Underwriters works in this position for 3-5 years across multiple employers.
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Commercial BankerHouston, TX - A year ago
I've worked closely with SBA Underwriters in the past, and I must say that it's not only about the years of experience, but also about the level of dedication and eagerness to learn. Some SBA Underwriters can develop exceptional skills within 3-5 years!
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Business AnalystMiami, FL - A year ago
3-5 years might be enough to acquire a reasonable level of expertise, but it's important to continuously grow and adapt in this ever-changing industry. SBA Underwriters should always seek new knowledge to stay ahead of the curve!
What Is the Job Hopper Score for SBA Underwriter Employees?
Frequent job changes in SBA Underwriter, indicating a willingness to change companies and roles more frequently.
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Financial AnalystHouston, TX - A year ago
I beg to differ. As a Financial Analyst, job stability and commitment are crucial. Frequent changes raise red flags about loyalty and reliability.
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Insurance Agency OwnerMiami, FL - A year ago
Everyone's situation is unique 🙌. As a Small Business Owner, I appreciate individuals who embrace change and bring diverse experiences to the table.

Career path

Path to job

How long does a SBA Underwriter work in this position across multiple employers?
100 %
Credit Analyst
Avg. length of tenure:3 years
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Read more
Discover a SBA Underwriter's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a SBA Underwriter typically studied at.
San Diego State University
University of Alabama

Community

Demographics

What Is the Age and Gender Ratio of SBA Underwriter Employees?
Gender ratio in SBA Underwriter position: 0.623916811091854 Male and 0.376083188908146 Female. Age ratio in SBA Underwriter position: 16-20: 3%, 21-30: 49%, 31-40: 30%, 41-50: 12%, 51-60: 5%, 60+: 1%. SBA Underwriter position is predominantly male (62.4%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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SBA UnderwriterSan Francisco, CA - A year ago
The male dominance in this occupation is unacceptable! This industry must address its gender inequality! 💔
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SBA UnderwriterNew York City, NY - A year ago
I'm in my 50s and still going strong! Who says it's only for the young? Age shouldn't be a barrier for experienced professionals! 😤

Workplaces

Who Are the Top Employers for SBA Underwriter?
Top employers of SBA Underwriter position: Huntington National Bank, Regions Bank, United Community Bank. People who work in SBA Underwriter position most typically go on to work for the Huntington National Bank.
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SBA UnderwriterChicago, IL - A year ago
As an SBA Underwriter at Regions Bank, I would argue that we have better opportunities for growth and development compared to Huntington National Bank. 💪
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SBA UnderwriterHouston, TX - A year ago
Who cares about the top employers?! United Community Bank is probably the best option for SBA Underwriters in terms of culture and work-life balance. 😍
Huntington National Bank
Regions Bank
United Community Bank
What Industries Does SBA Underwriter Typically Have Experience In?
Industry Background: The most typical industries of SBA Underwriter: Finance & Insurance, Administrative & Support, Professional / Scientific / Technical, Real Estate / Rental / Leasing, Public Administration. SBA Underwriter employees most likely come from a Finance & Insurance industry background.
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SBA UnderwriterHouston, TX - A year ago
🙌 I love being an SBA Underwriter in the great state of Texas! Who needs a boring desk job when you can ride the oil boom wave and enjoy the wild west fieldwork?
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SBA UnderwriterPhiladelphia, PA - A year ago
I'm just tired of being the bearer of bad news. It feels like all I do is reject loans left and right. How discouraging... 😔

Find your job as SBA Underwriter

Discussion about SBA Underwriter

Want to know more about SBA Underwriter position?
Share your thoughts and ideas about SBA Underwriter position with others in our community.
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Do a lot of women work as an SBA Underwriter?
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Liam Brown4 years ago
More men than women work as an SBA Underwriter.
What is the most common age of an SBA Underwriter?
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Benjamin Gardner4 years ago
The typical age is 32 for an SBA Underwriter.
How many years of experience do you usually have as an SBA Underwriter?
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Benjamin Gardner4 years ago
7 years of experience is needed on average for an SBA Underwriter.
What industries does an SBA Underwriter typically work in?
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Liam Brown4 years ago
For an SBA Underwriter it’s the most likely to work in the Finance & Insurance.
Is a degree needed to work as an SBA Underwriter?
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Isabella Holmes4 years ago
Most people have a Bachelor of Science degree
Which company employs the most people in the SBA Underwriter role?
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Liam Brown4 years ago
Huntington National Bank, Regions Bank, United Community Bank, Wells Fargo and Westfield Insurance employs the most people in the SBA Underwriter role.
How long do you usually work as an SBA Underwriter before changing to another position?
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Isabella Holmes4 years ago
An SBA Underwriter typically changes positions after 4 years.
How likely is it for people working as an SBA Underwriter to switch companies still working as an SBA Underwriter?
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Isabella Holmes4 years ago
A SBA Underwriter is likely to work for multiple companies as an SBA Underwriter.
What do people usually work as before switching to SBA Underwriter?
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Liam Brown4 years ago
You have a good chance of becoming an SBA Underwriter if you are working as Credit Analyst
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Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.