Home > Salary > Ecuador > 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: 258,760,377 ECS
Estimated Monthly Salary: 21,563,365 ECS
Estimated Weekly Salary: 4,976,161 ECS per week
Estimated Hourly Salary: 124,404 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 20,901,693 ECS
Estimated Weekly Salary: 4,823,468 ECS per week
Estimated Hourly Salary: 120,587 ECS per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 9,212 USD
Estimated Monthly Salary: 768 USD
Estimated Weekly Salary: 177 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 258,760,377 ECS
Estimated Monthly Salary: 21,563,365 ECS
Estimated Weekly Salary: 4,976,161 ECS per week
Estimated Hourly Salary: 124,404 ECS per hour
By working as Underwriter Commercial Real Estate a person can save up to 515 USD per month or 6,183 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 Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Underwriter Commercial Real Estate
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Commercial Real Estate salary in Ecuador
Average Yearly Salary of Underwriter Commercial Real Estate in Ecuador is approximately 258,760,377 ECS (9,212 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?
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.
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: 258,760,377 ECS
Estimated Monthly Salary: 21,563,365 ECS
Estimated Weekly Salary: 4,976,161 ECS per week
Estimated Hourly Salary: 124,404 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 250,820,312 ECSEstimated Monthly Salary: 20,901,693 ECS
Estimated Weekly Salary: 4,823,468 ECS per week
Estimated Hourly Salary: 120,587 ECS per hour
Last revision of data: 2024-01-08Underwriter Commercial Real Estate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,212 USD
Estimated Monthly Salary: 768 USD
Estimated Weekly Salary: 177 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Commercial Real Estate job salary compared to average salary in Ecuador.
Comparison shows that a person working as Underwriter Commercial Real Estate in Ecuador earns on average:
1.58 times the average salary (or 158% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Commercial Real Estate job salary compared to average salary in Ecuador.
Comparison shows that a person working as Underwriter Commercial Real Estate in Ecuador earns on average:
1.58 times the average salary (or 158% of average salary).
Is Underwriter Commercial Real Estate a well paid job?
Yes, our data shows that Underwriter Commercial Real Estate is a well paid job. 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 284,636,415 ECS and 375,202,547 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Commercial Real Estate in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 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: 258,760,377 ECS
Estimated Monthly Salary: 21,563,365 ECS
Estimated Weekly Salary: 4,976,161 ECS per week
Estimated Hourly Salary: 124,404 ECS per hour
By working as Underwriter Commercial Real Estate a person can save up to 515 USD per month or 6,183 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 Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. 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
Colombia is 9,449 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Multimedia programmer (109,914,408 ECS per year, pre-tax.)
Access representative (79,548,146 ECS per year, pre-tax.)
Assistant branch manager banking (165,272,266 ECS per year, pre-tax.)
Tightrope walker (114,245,897 ECS per year, pre-tax.)
Textile winding twisting and drawing out machine setter operator tender (88,503,526 ECS per year, pre-tax.)
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