Home > Salary > Philippines > Loan Underwriter Consumer
A loan underwriter in the consumer sector is responsible for evaluating and assessing loan applications from individuals seeking credit for personal purposes such as buying a car, funding education, or consolidating debt. Their primary role is to analyze the borrower's financial information, credit history, and employment details to determine their creditworthiness and ability to repay the loan. They review loan documentation, verify income and assets, calculate debt-to-income ratios, and assess the borrower's overall financial situation. Additionally, they ensure compliance with lending regulations and company policies, and may negotiate loan terms and conditions. Effective communication skills are essential as loan underwriters often interact with loan officers, borrowers, and other stakeholders. This occupation requires strong analytical skills, attention to detail, and the ability to make sound judgments based on risk assessment.
Estimated Yearly Salary: 246,688 PHP
Estimated Monthly Salary: 20,557 PHP
Estimated Weekly Salary: 4,744 PHP per week
Estimated Hourly Salary: 119 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 19,805 PHP
Estimated Weekly Salary: 4,570 PHP per week
Estimated Hourly Salary: 114 PHP per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,103 USD
Estimated Monthly Salary: 342 USD
Estimated Weekly Salary: 79 USD per week
Estimated Hourly Salary: 2 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: 246,688 PHP
Estimated Monthly Salary: 20,557 PHP
Estimated Weekly Salary: 4,744 PHP per week
Estimated Hourly Salary: 119 PHP per hour
By working as Loan Underwriter Consumer a person can save up to 184 USD per month or 2,207 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 Philippines, see costs of living in Philippines.
Estimated Yearly Salary for Loan Underwriter Consumer
Last revision of data: 2025-01-04
Data as of 2025
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Loan Underwriter Consumer salary in Philippines
Average Yearly Salary of Loan Underwriter Consumer in Philippines is approximately 246,688 PHP (4,103 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 Loan Underwriter Consumer do?
A loan underwriter in the consumer sector is responsible for evaluating and assessing loan applications from individuals seeking credit for personal purposes such as buying a car, funding education, or consolidating debt. Their primary role is to analyze the borrower's financial information, credit history, and employment details to determine their creditworthiness and ability to repay the loan. They review loan documentation, verify income and assets, calculate debt-to-income ratios, and assess the borrower's overall financial situation. Additionally, they ensure compliance with lending regulations and company policies, and may negotiate loan terms and conditions. Effective communication skills are essential as loan underwriters often interact with loan officers, borrowers, and other stakeholders. This occupation requires strong analytical skills, attention to detail, and the ability to make sound judgments based on risk assessment.
Skills: Loan underwriter, Consumer lending, Credit analysis, Financial evaluation, Risk assessment, Compliance
Job industry: Finance
Job industry: Finance
How much does Loan Underwriter Consumer make?
Salary details
How much does Loan Underwriter Consumer make?Estimated Yearly Salary: 246,688 PHP
Estimated Monthly Salary: 20,557 PHP
Estimated Weekly Salary: 4,744 PHP per week
Estimated Hourly Salary: 119 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 237,660 PHPEstimated Monthly Salary: 19,805 PHP
Estimated Weekly Salary: 4,570 PHP per week
Estimated Hourly Salary: 114 PHP per hour
Last revision of data: 2024-01-03Loan Underwriter Consumer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,103 USD
Estimated Monthly Salary: 342 USD
Estimated Weekly Salary: 79 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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Salary comparison to National average
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Loan Underwriter Consumer job salary compared to average salary in Philippines.
Comparison shows that a person working as Loan Underwriter Consumer in Philippines earns on average:
1.13 times the average salary (or 113% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Loan Underwriter Consumer job salary compared to average salary in Philippines.
Comparison shows that a person working as Loan Underwriter Consumer in Philippines earns on average:
1.13 times the average salary (or 113% of average salary).
Is Loan Underwriter Consumer a well paid job?
Yes, our data show that Loan Underwriter Consumer 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 Loan Underwriter Consumer?
High salary for Loan Underwriter Consumer would be somewhere between 271,357 PHP and 357,698 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Underwriter Consumer in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 246,688 PHP
Estimated Monthly Salary: 20,557 PHP
Estimated Weekly Salary: 4,744 PHP per week
Estimated Hourly Salary: 119 PHP per hour
By working as Loan Underwriter Consumer a person can save up to 184 USD per month or 2,207 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Underwriter Consumer
China is 13,323 USD
Vietnam is 4,153 USD
Malaysia is 18,407 USD
Indonesia is 10,993 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 Philippines
(2,481,728 PHP per year, pre-tax.)
2. Cardiologist
(2,051,118 PHP per year, pre-tax.)
(1,992,718 PHP per year, pre-tax.)
4. Neurosurgeon
(1,926,350 PHP per year, pre-tax.)
(1,926,277 PHP per year, pre-tax.)
6. Urologist
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
(1,877,420 PHP per year, pre-tax.)
9. Oncologist
(1,875,578 PHP per year, pre-tax.)
(1,874,981 PHP per year, pre-tax.)
Data as of 2025Random salary:
Consulting analyst (338,842 PHP per year, pre-tax.)
Strategy manager (359,906 PHP per year, pre-tax.)
Warehouse dock worker (106,399 PHP per year, pre-tax.)
Emergency medical technician (emt), basic (131,760 PHP per year, pre-tax.)
Environmental engineering manager (446,783 PHP per year, pre-tax.)
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