As of April 01, 2025, the average annual salary for a Loan Closer in Fargo, ND is $47,100. Salary.com reports that pay typically ranges from $42,700 to $52,800, with most professionals earning between $38,694 and $57,990.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $52,800 | $4,400 | $1,015 | $25 |
| Average | $47,100 | $3,925 | $906 | $23 |
| 25th Percentile | $42,700 | $3,558 | $821 | $21 |
An entry-level Loan Closer with under 1 year experience makes about $45,654. With less than 2 years of experience, a mid-level Loan Closer makes around $46,429. After 2-4 years, the Loan Closer pay rises to about $48,517. Those senior Loan Closer with 5-8 years of experience earn roughly $49,874, and those Loan Closer having 8 years or more experience are expected to earn about $50,043 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closer | $45,654 |
| Intermediate Level Loan Closer | $46,429 |
| Senior Level Loan Closer | $48,517 |
| Specialist Level Loan Closer | $49,874 |
| Expert Level Loan Closer | $50,043 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 6% |
| Experienced | 6% |
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