As of April 01, 2025, the average annual salary for a Loan Closer in Akron, OH is $46,600. Salary.com reports that pay typically ranges from $42,300 to $52,200, with most professionals earning between $38,385 and $57,299.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $52,200 | $4,350 | $1,004 | $25 |
| Average | $46,600 | $3,883 | $896 | $22 |
| 25th Percentile | $42,300 | $3,525 | $813 | $20 |
An entry-level Loan Closer with under 1 year experience makes about $45,170. With less than 2 years of experience, a mid-level Loan Closer makes around $45,938. After 2-4 years, the Loan Closer pay rises to about $48,003. Those senior Loan Closer with 5-8 years of experience earn roughly $49,345, and those Loan Closer having 8 years or more experience are expected to earn about $49,513 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closer | $45,170 |
| Intermediate Level Loan Closer | $45,938 |
| Senior Level Loan Closer | $48,003 |
| Specialist Level Loan Closer | $49,345 |
| Expert Level Loan Closer | $49,513 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 6% |
| Experienced | 6% |
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