Average Loan Closer Salary

Average Loan Closer Salary

$50,298
Avg. Base Salary (USD)
10%
$37k
MEDIAN
$50k
90%
$66k

The average salary for a Loan Closer is $50,298

Base Salary
$37k - $66k
Bonus
$582 - $10k
Commission
$0 - $12k
Total Pay
$35k - $66k
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What is the Pay by Experience Level for Loan Closers?

What Do Loan Closers Do?

Loan Closer Tasks
  • Authorize funding upon verification of all documentation.
  • Order credit reports, appraisals, title insurance, and all other certifications as necessary.
  • Answer questions regarding closing requirements.
  • Maintain communication with brokers partners and closing/settlement agents with loan status.
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Job Satisfaction for Loan Closer

3.7 out of 5
(39)
Highly Satisfied
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Gender Breakdown

Female
84.7%
Male
15.3%
This data is based on 124 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

85%

Dental

76%

Vision

68%

None

15%