As of April 01, 2025, the average annual salary for a Loan Closer in Lafayette, LA is $44,200. Salary.com reports that pay typically ranges from $40,100 to $49,600, with most professionals earning between $36,367 and $54,516.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $49,600 | $4,133 | $954 | $24 |
| Average | $44,200 | $3,683 | $850 | $21 |
| 25th Percentile | $40,100 | $3,342 | $771 | $19 |
An entry-level Loan Closer with under 1 year experience makes about $42,860. With less than 2 years of experience, a mid-level Loan Closer makes around $43,589. After 2-4 years, the Loan Closer pay rises to about $45,549. Those senior Loan Closer with 5-8 years of experience earn roughly $46,822, and those Loan Closer having 8 years or more experience are expected to earn about $46,981 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closer | $42,860 |
| Intermediate Level Loan Closer | $43,589 |
| Senior Level Loan Closer | $45,549 |
| Specialist Level Loan Closer | $46,822 |
| Expert Level Loan Closer | $46,981 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 6% |
| Experienced | 6% |
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