$22.02
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
The average hourly pay for a Loan Closer is $22.02 in 2025
Hourly Rate
$0 - $22
Bonus
$0 - $2k
Total Pay
$0 - $46k
Is Average Loan Closer with Loan Documents Skills Hourly Pay at Bank of America Corp. (BOFA) your job title? Find out what you should be paid
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What Do Loan Closers Do?
Find your market worth – how it works:
Common Health Benefits for a Loan Closer
Medical
100%
Dental
100%
Vision
100%
Gender Breakdown for Loan Closers
Female
66.7%
Male
33.3%
This data is based on 3 survey responses. Learn more about the gender pay gap.
FAQs About Loan Closers
What is the highest pay for Loan Closers?
Our data indicates that the highest pay for a Loan Closer is $NaN / hour
What is the lowest pay for Loan Closers?
Our data indicates that the lowest pay for a Loan Closer is $NaN / hour
How can Loan Closers increase their salary?
Increasing your pay as a Loan Closer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Closer that oversees more junior Loan Closers, this experience can increase the likelihood to earn more.