As of April 01, 2025, the average annual salary for a Loan Closer in Lexington, KY is $45,300. Salary.com reports that pay typically ranges from $41,100 to $50,800, with most professionals earning between $37,276 and $55,807.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $50,800 | $4,233 | $977 | $24 |
| Average | $45,300 | $3,775 | $871 | $22 |
| 25th Percentile | $41,100 | $3,425 | $790 | $20 |
An entry-level Loan Closer with under 1 year experience makes about $43,899. With less than 2 years of experience, a mid-level Loan Closer makes around $44,645. After 2-4 years, the Loan Closer pay rises to about $46,653. Those senior Loan Closer with 5-8 years of experience earn roughly $47,957, and those Loan Closer having 8 years or more experience are expected to earn about $48,120 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closer | $43,899 |
| Intermediate Level Loan Closer | $44,645 |
| Senior Level Loan Closer | $46,653 |
| Specialist Level Loan Closer | $47,957 |
| Expert Level Loan Closer | $48,120 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 6% |
| Experienced | 6% |
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