As of March 01, 2025, the average annual salary for a Loan Closer in New York, NY is $60,300. Salary.com reports that pay typically ranges from $53,900 to $68,500, with most professionals earning between $48,073 and $75,966.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $68,500 | $5,708 | $1,317 | $33 |
| Average | $60,300 | $5,025 | $1,160 | $29 |
| 25th Percentile | $53,900 | $4,492 | $1,037 | $26 |
An entry-level Loan Closer with under 1 year experience makes about $57,380. With less than 2 years of experience, a mid-level Loan Closer makes around $58,510. After 2-4 years, the Loan Closer pay rises to about $61,526. Those senior Loan Closer with 5-8 years of experience earn roughly $63,478, and those Loan Closer having 8 years or more experience are expected to earn about $63,722 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closer | $57,380 |
| Intermediate Level Loan Closer | $58,510 |
| Senior Level Loan Closer | $61,526 |
| Specialist Level Loan Closer | $63,478 |
| Expert Level Loan Closer | $63,722 |
| Entry Level | 5% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 5% |
| Experienced | 6% |
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