▲3%
$49,859
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$36k
MEDIAN
$50k
90%
$63k
The average salary for a Loan Closer is $49,859 in 2025
Base Salary
$36k - $63k
Bonus
$1k - $10k
Total Pay
$36k - $62k
Is Average Early-Career Loan Closer with Loan Processing Skills Salary your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Loan Closers?
What Do Loan Closers Do?
Find your market worth – how it works:
Common Health Benefits for a Loan Closer
Medical
90%
Dental
95%
Vision
95%
None
5%
Gender Breakdown for Loan Closers
Female
81.3%
Male
18.8%
This data is based on 16 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 $63k / year
What is the lowest pay for Loan Closers?
Our data indicates that the lowest pay for a Loan Closer is $36k / year
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.