As of April 01, 2025, the average annual salary for a Loan Closer in Norfolk, VA is $45,900. Salary.com reports that pay typically ranges from $41,600 to $51,400, with most professionals earning between $37,685 and $56,407.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $51,400 | $4,283 | $988 | $25 |
| Average | $45,900 | $3,825 | $883 | $22 |
| 25th Percentile | $41,600 | $3,467 | $800 | $20 |
An entry-level Loan Closer with under 1 year experience makes about $44,482. With less than 2 years of experience, a mid-level Loan Closer makes around $45,238. After 2-4 years, the Loan Closer pay rises to about $47,272. Those senior Loan Closer with 5-8 years of experience earn roughly $48,594, and those Loan Closer having 8 years or more experience are expected to earn about $48,759 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closer | $44,482 |
| Intermediate Level Loan Closer | $45,238 |
| Senior Level Loan Closer | $47,272 |
| Specialist Level Loan Closer | $48,594 |
| Expert Level Loan Closer | $48,759 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 6% |
| Experienced | 6% |
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