As of April 01, 2025, the average annual salary for a Loan Closer in Buffalo, NY is $47,300. Salary.com reports that pay typically ranges from $42,900 to $53,000, with most professionals earning between $38,894 and $58,190.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $53,000 | $4,417 | $1,019 | $25 |
| Average | $47,300 | $3,942 | $910 | $23 |
| 25th Percentile | $42,900 | $3,575 | $825 | $21 |
An entry-level Loan Closer with under 1 year experience makes about $45,862. With less than 2 years of experience, a mid-level Loan Closer makes around $46,642. After 2-4 years, the Loan Closer pay rises to about $48,739. Those senior Loan Closer with 5-8 years of experience earn roughly $50,102, and those Loan Closer having 8 years or more experience are expected to earn about $50,272 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closer | $45,862 |
| Intermediate Level Loan Closer | $46,642 |
| Senior Level Loan Closer | $48,739 |
| Specialist Level Loan Closer | $50,102 |
| Expert Level Loan Closer | $50,272 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 6% |
| Experienced | 6% |
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