Home > Salary > Canada > Underwriter Commercial Real Estate
An underwriter in commercial real estate is responsible for assessing the risk and financial viability of loan applications for commercial property purchases or refinancing. They evaluate the borrower's financial statements, credit history, property appraisal, and market conditions to determine the loan amount, interest rate, and terms. Underwriters analyze the potential risks associated with the investment, such as market volatility, property value fluctuations, and borrower's ability to repay the loan. They ensure compliance with lending guidelines, regulations, and internal policies. Additionally, underwriters collaborate with loan officers, appraisers, and legal teams to gather necessary information and make informed decisions. Strong analytical skills, attention to detail, and knowledge of real estate markets are crucial for success in this role.
Estimated Yearly Salary: 77,253 CAD
Estimated Monthly Salary: 6,438 CAD
Estimated Weekly Salary: 1,486 CAD per week
Estimated Hourly Salary: 37 CAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,206 CAD
Estimated Weekly Salary: 1,432 CAD per week
Estimated Hourly Salary: 36 CAD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 77,045 USD
Estimated Monthly Salary: 6,420 USD
Estimated Weekly Salary: 1,482 USD per week
Estimated Hourly Salary: 37 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 77,253 CAD
Estimated Monthly Salary: 6,438 CAD
Estimated Weekly Salary: 1,486 CAD per week
Estimated Hourly Salary: 37 CAD per hour
By working as Underwriter Commercial Real Estate a person can save up to 4,302 USD per month or 51,624 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Canada, see costs of living in Canada.
Estimated Yearly Salary for Underwriter Commercial Real Estate
United States Of America is 82,897 USD
8%
Details on Underwriter Commercial Real Estate salary in United States Of America
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Sample coordinator (34,728 CAD per year, pre-tax.)
Senior animator (88,955 CAD per year, pre-tax.)
Warranty analyst (65,231 CAD per year, pre-tax.)
Member of technical staff applied researcher (159,674 CAD per year, pre-tax.)
Casting engineer (61,767 CAD per year, pre-tax.)
Underwriter Commercial Real Estate salary in Canada
Average Yearly Salary of Underwriter Commercial Real Estate in Canada is approximately 77,253 CAD (77,045 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Underwriter Commercial Real Estate do?

Skills: underwriter, commercial real estate, risk assessment, loan analysis, financial viability, compliance.
Job industry: Banking
Job industry: Banking
How much does Underwriter Commercial Real Estate make?
Salary details
How much does Underwriter Commercial Real Estate make?Estimated Yearly Salary: 77,253 CAD
Estimated Monthly Salary: 6,438 CAD
Estimated Weekly Salary: 1,486 CAD per week
Estimated Hourly Salary: 37 CAD per hour
Comparing salary to last year:
Estimated Yearly Salary: 74,467 CADEstimated Monthly Salary: 6,206 CAD
Estimated Weekly Salary: 1,432 CAD per week
Estimated Hourly Salary: 36 CAD per hour
Underwriter Commercial Real Estate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 77,045 USD
Estimated Monthly Salary: 6,420 USD
Estimated Weekly Salary: 1,482 USD per week
Estimated Hourly Salary: 37 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Canada is a vast country located in North America. It has a population of approximately 38 million people, making it the second-largest country by land area and the tenth-largest by population. With a total area of about 9.98 million square kilometers, Canada is known for its breathtaking landscapes, including mountains, forests, lakes, and coastlines.
Estimated national average yearly salary is 70,966 CAD (52,960 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Commercial Real Estate job salary compared to average salary in Canada.
Comparison shows that a person working as Underwriter Commercial Real Estate in Canada earns on average:
1.09 times the average salary (or 109% of average salary).
Estimated national average yearly salary is 70,966 CAD (52,960 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Commercial Real Estate job salary compared to average salary in Canada.
Comparison shows that a person working as Underwriter Commercial Real Estate in Canada earns on average:
1.09 times the average salary (or 109% of average salary).
Is Underwriter Commercial Real Estate a well paid job?
Yes, our data show that Underwriter Commercial Real Estate is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriter Commercial Real Estate?
High salary for Underwriter Commercial Real Estate would be somewhere between 84,978 CAD and 112,017 CAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Commercial Real Estate in Canada?
Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 77,253 CAD
Estimated Monthly Salary: 6,438 CAD
Estimated Weekly Salary: 1,486 CAD per week
Estimated Hourly Salary: 37 CAD per hour
By working as Underwriter Commercial Real Estate a person can save up to 4,302 USD per month or 51,624 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Canada, see costs of living in Canada.
Salary comparison to region and neighbouring coutries
Country's neighbours are: United States of America. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Underwriter Commercial Real Estate

Details on Underwriter Commercial Real Estate salary in United States Of America
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Canada
(552,602 CAD per year, pre-tax.)
2. Cardiologist
(460,219 CAD per year, pre-tax.)
(446,188 CAD per year, pre-tax.)
4. Neurosurgeon
(430,825 CAD per year, pre-tax.)
(430,370 CAD per year, pre-tax.)
(421,037 CAD per year, pre-tax.)
7. Urologist
(420,203 CAD per year, pre-tax.)
(419,967 CAD per year, pre-tax.)
(419,948 CAD per year, pre-tax.)
10. Plastic surgeon
(419,552 CAD per year, pre-tax.)
Random salary:
Sample coordinator (34,728 CAD per year, pre-tax.)
Senior animator (88,955 CAD per year, pre-tax.)
Warranty analyst (65,231 CAD per year, pre-tax.)
Member of technical staff applied researcher (159,674 CAD per year, pre-tax.)
Casting engineer (61,767 CAD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.

optisalary.com aggregates salary data for reference purposes only.
Salary information displayed on this site is informational exclusively. Our figures come from various sources, but we do not guarantee absolute correctness. Users must always double-check salary details with official platforms before making job-related decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We cannot offer any warranties about the completeness of the provided salary data. By continuing to use this site, you agree these terms.
By visiting this website, you accept that salary details are subject to change.