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Loan Closer Salary in Rockford, Illinois

Loan Closer Salary in Rockford, IL

How much does a Loan Closer make in Rockford, IL? The average Loan Closer salary in Rockford, IL is $49,000 as of April 24, 2024, but the range typically falls between $43,500 and $55,900. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Loan Closer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Closer Salary $38,493 Rockford,IL April 24, 2024
25th Percentile Loan Closer Salary $43,500 Rockford,IL April 24, 2024
50th Percentile Loan Closer Salary $49,000 Rockford,IL April 24, 2024
75th Percentile Loan Closer Salary $55,900 Rockford,IL April 24, 2024
90th Percentile Loan Closer Salary $62,182 Rockford,IL April 24, 2024
25% $43,500 10% $38,493 90% $62,182 75% $55,900 $49,000 50%(Median) Didn’t find job title? Click
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Check out Loan Closer Job Openings in Rockford, Illinois

Loan Closer

RF RENOVO MANAGEMENT COMPANY LLC - Chicago, IL

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Entry Level Loan Processing Specialist

United Wholesale Mortgage - Pontiac, MI

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Loan Processor - Boise

Dollar Loan Center - Boise, ID

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Call Center Representative/Loan Officer

Hoosier Hills Credit Union - Bedford, IN

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Job Description

The Loan Closer maintains loan files and verifies information is correct, accurate, and complete. Reviews all submitted material and prepares closing documents for mortgage loans. Being a Loan Closer performs final closing calculations and coordinates the closing of loans and disbursement of loan funds. Gathers missing information as needed and acquires necessary signatures. In addition, Loan Closer ensures all documents are sent to appropriate departments and are in compliance with all regulations. Requires a high school diploma. Typically reports to a supervisor. Being a Loan Closer works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Working as a Loan Closer typically requires 1-3 years of related experience, or may need 0 years of experience with additional specialized training and/or certification. (Copyright 2024 Salary.com)

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Job Openings for Loan Closer in Rockford, IL
  • RF RENOVO MANAGEMENT COMPANY LLC - Chicago, IL
    Job Description. Job Description. Position: Loan Closer. Who We Are. Renovo Financial is a rapidly growing Chicago-based private lender serving real estate...
    - 3 Days Ago
  • United Wholesale Mortgage - Pontiac, MI
    United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for Mortgage Operations Specialists. MUST KNOW....
    - 0 Months Ago
  • Dollar Loan Center - Boise, ID
    Job Title: *Loan Processor. What we do. We're a short-term lender who serves our community by offering our customers a solution to their financial needs. W...
    - 10 Months Ago
  • Hoosier Hills Credit Union - Bedford, IN
    Job Description. "Forbes declares HHCU as one of Indiana's top three credit unions for 2023.". Job Type: Full-time. Salary: $20.89-$31.34. Summary/Objectiv...
    - 16 Days Ago
  • Rocket Mortgage - Phoenix, AZ
    Job Description. Job Description. Are you a. driven self-starter. with a passion for sales. If so, we have an exciting career opportunity for you. Join our...
    - 22 Days Ago

Career Path for this job

  1. This Job:

    Loan Closer

    1 - 3 years experience
    High School Diploma or Technical Certificate

  2. Up a level:

    Loan Senior Closer

    3 - 5 years experience
    High School Diploma or Technical Certificate

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Average Base Salary

Core compensation

 
 
 
43500
55900
49000

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
45000
58800
51300
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Closer in Rockford, IL. The base salary for Loan Closer ranges from $43,500 to $55,900 with the average base salary of $49,000. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $45,000 to $58,800 with the average total cash compensation of $51,300.
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43500
55900

 

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About Rockford, Illinois    Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is t....More

Rockford, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Rockford, Illinois

Loan Closer Salary in popular cities: Chicago, Aurora, Joliet

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