As of March 01, 2025, the average annual salary for a Loan Closer in Virginia Beach, VA is $49,300. Salary.com reports that pay typically ranges from $44,100 to $56,100, with most professionals earning between $39,366 and $62,291.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $56,100 | $4,675 | $1,079 | $27 |
| Average | $49,300 | $4,108 | $948 | $24 |
| 25th Percentile | $44,100 | $3,675 | $848 | $21 |
An entry-level Loan Closer with under 1 year experience makes about $46,965. With less than 2 years of experience, a mid-level Loan Closer makes around $47,890. After 2-4 years, the Loan Closer pay rises to about $50,358. Those senior Loan Closer with 5-8 years of experience earn roughly $51,956, and those Loan Closer having 8 years or more experience are expected to earn about $52,156 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closer | $46,965 |
| Intermediate Level Loan Closer | $47,890 |
| Senior Level Loan Closer | $50,358 |
| Specialist Level Loan Closer | $51,956 |
| Expert Level Loan Closer | $52,156 |
| Entry Level | 5% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 5% |
| Experienced | 6% |
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