Key Factors That Influence Loan Closer II Salaries
A Loan Closer II's salary isn't a fixed number.
It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
How Experience Level Affects Loan Closer Salaries?
Experience is a primary driver of a Loan Closer II's salary.
As you build your skills and take on more complex tasks, your compensation generally increases.
Here's how the average salary grows at different career stages:
Loan Closer II (1-3 years): $50,467
Loan Closer III (3-5 years): $57,266
Loan Closing Manager (5+ years): $81,783
Job Role
Years of Experience
Average Salary
Loan Closer II
1-3 years
$50,467
Loan Closer III
3-5 years
$57,266
Loan Closing Manager
5+ years
$81,783
$50,467Loan Clos...
$57,266Loan Clos...
$81,783Loan Clos...
View as Table
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What Am I Worth?
How Do Loan Closer II Salaries Vary from State to State?
Your salary can change significantly depending on where you work.
States with a higher cost of living and strong industrial sectors
often pay more to attract Loan Closer IIs.
For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
San Jose: $63,700
San Francisco: $63,000
Oakland: $61,700
San Jose, CA$63,700
San Francisco, CA$63,000
Oakland, CA$61,700
New York, NY$58,200
Paramus, NJ$57,500
Queens Village, NY$57,400
Passaic, NJ$57,400
Bergenfield, NJ$57,400
Huntington, NY$57,300
Stamford, CT$57,300
Newark, NJ$56,900
Bridgeport, CT$56,800
Vallejo, CA$56,700
New Brunswick, NJ$56,700
Petaluma, CA$56,600
Middlesex, NJ$56,500
Somerset, NJ$56,500
Santa Cruz, CA$56,400
Boston, MA$56,100
Monterey, CA$56,000
Seattle, WA$55,800
Santa Rosa, CA$55,800
Los Angeles, CA$55,800
Juneau, AK$55,700
Washington, DC$55,600
Orange, CA$55,400
Santa Ana, CA$55,300
Long Beach, CA$55,300
Anaheim, CA$55,300
Anchorage, AK$55,200
Santa Maria, CA$55,100
Everett, WA$55,100
Danbury, CT$54,900
Bremerton, WA$54,800
Tacoma, WA$54,600
New Suffolk, NY$54,600
Sacramento, CA$54,600
Santa Barbara, CA$54,600
Brockton, MA$54,500
San Diego, CA$54,500
Trenton, NJ$54,500
Fairbanks, AK$54,300
Lompoc, CA$54,200
Lowell, MA$54,200
Ventura, CA$54,200
Nashua, NH$54,100
Stockton, CA$54,100
Modesto, CA$53,800
Poughkeepsie, NY$53,700
Olympia, WA$53,600
Kennewick, WA$53,600
New Haven, CT$53,500
Lawrence, MA$53,400
Hartford, CT$53,300
Riverside, CA$53,300
Atlantic City, NJ$53,200
New Britain, CT$53,200
San Bernardino, CA$53,200
Richland, WA$53,200
New Bedford, MA$53,200
Bakersfield, CA$53,200
New London, CT$53,100
Norwich, CT$53,100
Portsmouth, NH$53,100
Boulder, CO$53,000
Portland, OR$52,900
Worcester, MA$52,900
Minneapolis, MN$52,800
Philadelphia, PA$52,700
Honolulu, HI$52,500
Saint Paul, MN$52,500
Vineland, NJ$52,500
Providence, RI$52,300
Chicago, IL$52,200
Springfield, MA$52,100
Bellingham, WA$52,100
Baltimore, MD$52,100
Chico, CA$52,000
Pittsfield, MA$51,800
Manchester, NH$51,700
Spokane, WA$51,500
Denver, CO$51,500
Albany, NY$51,300
Troy, NY$51,200
Nassau, NY$51,200
Wilmington, DE$51,100
Schenectady, NY$51,100
Burlington, VT$51,000
Salem, OR$51,000
Portland, ME$50,900
Yakima, WA$50,800
Milwaukee, WI$50,600
Rochester, MN$50,600
Reno, NV$50,600
Fresno, CA$50,600
Allentown, PA$50,500
Ann Arbor, MI$50,500
Detroit, MI$50,500
Colorado Springs, CO$50,400
Syracuse, NY$50,400
Carson City, NV$50,400
Houston, TX$50,300
Eugene, OR$50,300
Galveston, TX$50,200
Bismarck, ND$50,200
Gary, IN$50,200
Springfield, OR$50,200
Medford, OR$50,100
Fort Collins, CO$50,100
Concord, NH$50,000
Austin, TX$50,000
Phoenix, AZ$49,900
Mesa, AZ$49,900
Reading, PA$49,900
Dallas, TX$49,900
Madison, WI$49,800
Saint Cloud, MN$49,800
Utica, NY$49,600
Rochester, NY$49,600
Des Moines, IA$49,500
Raleigh, NC$49,500
Atlanta, GA$49,500
Battle Creek, MI$49,500
Salt Lake City, UT$49,400
Lancaster, PA$49,400
Harrisburg, PA$49,300
Kansas City, MO$49,200
Kansas City, KS$49,200
Champaign, IL$49,200
Fort Worth, TX$49,200
Columbus, OH$49,200
Boca Raton, FL$49,200
Pittsburgh, PA$49,200
Richmond, VA$49,200
Indianapolis, IN$49,200
Cincinnati, OH$49,100
Cleveland, OH$49,100
Las Vegas, NV$49,100
Petersburg, VA$49,000
Huntsville, AL$48,900
Lansing, MI$48,900
Lebanon, PA$48,900
Pueblo, CO$48,900
Appleton, WI$48,900
Buffalo, NY$48,900
Gastonia, NC$48,800
Dayton, OH$48,800
Racine, WI$48,800
Charlotte, NC$48,800
Saint Louis, MO$48,800
York, PA$48,800
Elkhart, IN$48,800
Billings, MT$48,800
Binghamton, NY$48,700
Rockford, IL$48,700
Toledo, OH$48,700
Rock Hill, SC$48,700
Lorain, OH$48,700
Benton Harbor, MI$48,700
Beaumont, TX$48,700
Springfield, IL$48,600
Elyria, OH$48,600
Fargo, ND$48,600
Flagstaff, AZ$48,600
Fort Lauderdale, FL$48,600
Cheyenne, WY$48,500
Grand Forks, ND$48,500
Miami, FL$48,500
Duluth, MN$48,500
Bangor, ME$48,400
Cedar Rapids, IA$48,300
Durham, NC$48,300
Louisville, KY$48,300
Grand Rapids, MI$48,300
Hialeah, FL$48,300
New Orleans, LA$48,200
Casper, WY$48,200
Scranton, PA$48,200
Virginia Beach, VA$48,100
Akron, OH$48,100
Peoria, IL$48,100
Baton Rouge, LA$48,000
Sarasota, FL$48,000
Nashville, TN$48,000
Omaha, NE$48,000
Green Bay, WI$48,000
Charleston, SC$48,000
Evansville, IN$47,900
Tampa, FL$47,900
Saint Petersburg, FL$47,900
Port Arthur, TX$47,900
Jamestown, NY$47,900
Davenport, IA$47,900
Tucson, AZ$47,900
Bradenton, FL$47,800
Orlando, FL$47,700
Santa Fe, NM$47,700
Clearwater, FL$47,600
La Crosse, WI$47,500
Canton, OH$47,500
Albuquerque, NM$47,500
Newport News, VA$47,500
High Point, NC$47,500
Ogden, UT$47,500
Rock Island, IL$47,400
Laramie, WY$47,400
Norfolk, VA$47,400
Corpus Christi, TX$47,400
Saginaw, MI$47,300
Jacksonville, FL$47,300
Salisbury, NC$47,300
Boise, ID$47,300
Moline, IL$47,300
Fort Myers, FL$47,300
Memphis, TN$47,300
Spartanburg, SC$47,200
Tulsa, OK$47,200
Waterloo, IA$47,200
Lincoln, NE$47,100
Fort Wayne, IN$47,100
Provo, UT$47,100
Cedar Falls, IA$47,100
Savannah, GA$47,000
San Antonio, TX$47,000
Greensboro, NC$47,000
South Bend, IN$47,000
Muskegon, MI$46,900
Birmingham, AL$46,900
Winston Salem, NC$46,900
Lexington, KY$46,800
Augusta, GA$46,800
Lake Charles, LA$46,800
Anderson, IN$46,800
Greenville, SC$46,800
Springfield, OH$46,700
Tuscaloosa, AL$46,700
Columbia, SC$46,700
Lima, OH$46,700
Wichita, KS$46,700
Asheville, NC$46,600
Bloomington, IN$46,500
Knoxville, TN$46,400
Shreveport, LA$46,300
Wilmington, NC$46,300
Roanoke, VA$46,300
Oklahoma City, OK$46,200
Frankfort, KY$46,200
Topeka, KS$46,200
Chillicothe, OH$46,100
Longview, TX$46,100
Melbourne, FL$46,100
Sioux Falls, SD$46,000
Mobile, AL$46,000
Terre Haute, IN$46,000
Altoona, PA$46,000
Chattanooga, TN$45,900
Fayetteville, AR$45,900
Killeen, TX$45,900
Amarillo, TX$45,900
Sioux City, IA$45,800
Idaho Falls, ID$45,800
Lynchburg, VA$45,800
Lafayette, LA$45,700
Little Rock, AR$45,700
Youngstown, OH$45,700
Gainesville, FL$45,700
Portsmouth, OH$45,700
Daytona Beach, FL$45,600
Clarksville, TN$45,600
Pensacola, FL$45,600
Temple, TX$45,600
Hopkinsville, KY$45,500
Erie, PA$45,500
Charleston, WV$45,400
Florence, SC$45,400
Macon, GA$45,300
Tallahassee, FL$45,300
Great Falls, MT$45,300
Fayetteville, NC$45,200
Waco, TX$45,200
Helena, MT$45,200
Pine Bluff, AR$45,200
Vincennes, IN$45,100
Lubbock, TX$45,100
Alamogordo, NM$45,100
Rapid City, SD$45,000
Twin Falls, ID$45,000
Jackson, MS$44,900
Huntington, WV$44,900
Greenville, MS$44,900
Parkersburg, WV$44,900
Montgomery, AL$44,900
Wichita Falls, TX$44,800
Springfield, MO$44,800
Biloxi, MS$44,800
Columbus, GA$44,700
Sumter, SC$44,700
Monroe, LA$44,700
Johnstown, PA$44,700
Pascagoula, MS$44,600
Abilene, TX$44,600
Kingsport, TN$44,400
Albany, GA$44,400
Gulfport, MS$44,400
Alexandria, LA$44,300
Fort Smith, AR$44,100
El Paso, TX$44,000
Las Cruces, NM$43,800
Harlingen, TX$43,600
Pocatello, ID$43,600
Florence, AL$43,600
Brownsville, TX$43,600
Mcallen, TX$43,500
Dothan, AL$43,400
Columbus, MS$43,100
Lawton, OK$42,800
Altus, OK$42,800
Pierre, SD$42,600
Loan Closer II Salary by Company Size: Startups vs. Enterprise
Loan Closer II salary potential scales significantly with company size.
Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $53,868.
While startup companies pay approximate $45,713.
Loan Closer II Salary by Company Size
Company Size
Employees
Average Salary
Startup
1~50
$45,713
Growth Stage
51~500
$48,313
Established
501~5000
$52,068
Enterprise
5000+
$53,868
Loan Closer II Salary by Industry: Top Paying Sectors
For Loan Closer II roles, the industry you choose can impact your earning potential
by as much as 40% (the gap between the highest and lowest paying industries).
Data shows that the highest-paying industry, Financial Services,
offers compensation 20% above the average. Conversely,
Loan Closer positions in Business Services typically offer lower base pay,
as this sector often view Loan Closer II as a support function rather than a direct revenue driver.
The top paying industry for a Loan Closer II
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Financial Services
$60,600
$29.0
20%
Loan Closer II Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Loan Closer II's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
Hourly
Monthly
Weekly
Yearly
Table View
Last Updated on July 01, 2026
$46,200
Average$50,500/year
$55,700
$3,850
Average$4,208/month
$4,642
$888
Average$971/week
$1,071
$22
Average$24/hour
$27
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
75th Percentile
$55,700
$4,642
$1,071
$27
Average
$50,500
$4,208
$971
$24
25th Percentile
$46,200
$3,850
$888
$22
Loan Closer II Salary Growth & Career Path
Promotions are the fastest way to increase your earnings.
As a Loan Closer II, you have the following paths for advancement.
The table below compares the salary raises for common next-step roles.
By comparing these figures, you can choose the career path that best meets your financial goals.
Salaries for a Loan Closer II can change over time,
reflecting shifts in market demand and the overall economy.
The median salary decreased from $48,065 in 2023
to around $47,238 in 2025,
reflecting changes in demand, location, experience, and the wider economy.
For a detailed analysis of Loan Closer II salary trends,
.
Average Annual Salary of Loan Closer II Over Time
2022
$???
2023
$48,065
2024
$47,548
2025
$47,238
2026
$???
2027
$???
Year
Average Annual Salary
2022
View More
2023
$48,065
2024
$47,548
2025
$47,238
2026
View More
2027
View More
Most common benefits for Loan Closer II
Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Compensation Planning
Common company salaries for Loan Closer II
Here are companies hiring for Loan Closer II and their salaries, click below for more details.
K
$114,295/per year
Kpmg Us LLP
Business Services
the United States
W
$114,096/per year
Warner Bros Discovery
Business Services
the United States
D
$111,927/per year
Dentsu International Ltd
Business Services
the United States
G
$111,873/per year
GroupM Worldwide Inc
Business Services
the United States
C
$111,651/per year
CoWorx Staffing
Business Services
the United States
C
$110,194/per year
Contemporary Services Corp
Business Services
the United States
S
$107,128/per year
Showcase Cinemas
Business Services
the United States
A
$106,429/per year
Amentum Services Inc
Business Services
the United States
A
$106,199/per year
Allied Universal Security Services LLC
Business Services
the United States
S
$106,104/per year
Sodexo USA
Business Services
the United States
J
$105,192/per year
JLL Technologies
Business Services
the United States
I
$104,478/per year
Intact Insurance Group USA LLC
Business Services
the United States
N
$101,619/per year
NielsenIQ
Business Services
the United States
T
$101,470/per year
The Leading Edge Alliance
Business Services
the United States
H
$101,308/per year
Honeywell UOP
Business Services
the United States
R
$97,720/per year
Reeve & Associates
Business Services
the United States
M
$97,584/per year
ManpowerGroup Global Inc
Business Services
the United States
F
$95,980/per year
Financial Sys Nco
Business Services
the United States
A
$95,314/per year
Arrow Global Ltd
Business Services
the United States
C
$94,777/per year
CarMax Enterprise Services LLC
Business Services
the United States
D
$94,479/per year
DZConneX
Business Services
the United States
A
$93,802/per year
Adecco Staffing, USA
Business Services
the United States
R
$92,937/per year
Resource MFG
Business Services
the United States
Z
$92,774/per year
Zachry Brands Inc
Business Services
the United States
G
$88,138/per year
Greystar Worldwide LLC
Business Services
the United States
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Where Does Our Salary Data Come From?
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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