What are the main factors that influence a Loan Closing Manager's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Loan Closing Manager's salary?

A Loan Closing Manager's salary grows with experience: starting around $78,890 for beginners, reaching about $80,985 at mid-level, and approach $85,121 for experts.

What are the highest paying states for a Loan Closing Manager?

Loan Closing Manager salary varies significantly by state. The top 3 highest paying states for Loan Closing Manager roles are District of Columbia $90,600, California $90,300, Massachusetts $89,100. These tech hubs typically pay 10-15% above the national average.

How much do different types of Loan Closing Manager roles make?

Salaries for Loan Closing Manager level roles vary by specialization: Commercial Loan Closing Specialist: $103,162; Mortgage Closing Manager: $81,798; Closing Manager: $80,810; Loan Closing Supervisor: $69,500; Mortgage Closing Supervisor: $69,495.

How do different companies affect a Loan Closing Manager's salary?

Company size, industry, and compensation structure create significant salary variations for Loan Closing Manager roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Loan Closing Manager Salary in the United States

How much does a Loan Closing Manager make in the United States?

As of September 01, 2026, the average salary for a Loan Closing Manager in the United States is $81,800 per year, which breaks down to an hourly rate of $39.

However, a Loan Closing Manager's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $98,803
Majority Range (25th-75th percentile): $74,000 to $90,700
Entry-Level (10th percentile): $66,899

10% $66,899

50% (Median) $81,800

90% $98,803

Loan Closing Manager Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$90,700	$7,558	$1,744	$44
Average	$81,800	$6,817	$1,573	$39
25th Percentile	$74,000	$6,167	$1,423	$36

Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Key Factors That Influence Loan Closing Manager Salaries

A Loan Closing Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Loan Closing Manager Salaries?

Experience is a primary driver of a Loan Closing Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $78,890
Early Career (1-2 years): $79,239
Mid-Level (2-4 years): $80,985
Senior-Level (5-8 years): $84,058
Expert (over 8 years): $85,121

Levels	Salary
Entry Level Loan Closing Manager	$78,890
Intermediate Level Loan Closing Manager	$79,239
Senior Level Loan Closing Manager	$80,985
Specialist Level Loan Closing Manager	$84,058
Expert Level Loan Closing Manager	$85,121

View as Graph

How Do Loan Closing Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Closing Managers. For example, consider the average annual salaries in these key locations:

District of Columbia: $90,600.
California: $90,300.
Massachusetts: $89,100.

District of Columbia $90,600 California $90,300 Massachusetts $89,100 Washington $88,700 New Jersey $88,700 Alaska $88,600 Connecticut $87,500 New York $87,000

Hawaii $85,500 Rhode Island $84,900 Maryland $84,400 Minnesota $83,800 Colorado $83,500 Illinois $83,400 Oregon $83,100 Delaware $82,900

New Hampshire $82,700 Virginia $82,400 Pennsylvania $81,500 Nevada $81,000 North Dakota $80,900 Michigan $80,600 Wisconsin $80,500 Vermont $80,300

Arizona $79,800 Maine $79,800 Texas $79,800 Ohio $79,700 Georgia $78,900 Indiana $78,600 Wyoming $78,500 Utah $78,400

Iowa $78,300 Kansas $77,900 Louisiana $77,800 North Carolina $77,800 Missouri $77,800 Florida $77,400 Montana $77,300 Nebraska $77,100

Kentucky $77,000 South Carolina $76,700 Tennessee $76,500 Idaho $76,400 New Mexico $75,800 Oklahoma $75,700 Alabama $75,200 South Dakota $74,400

Arkansas $73,900 West Virginia $73,700 Mississippi $73,000

Top Paying Cities for Loan Closing Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $103,200
San Francisco: $102,100
Oakland: $99,900

San Jose, CA $103,200

San Francisco, CA $102,100

Oakland, CA $99,900

New York, NY $94,200

Paramus, NJ $93,100

Queens Village, NY $93,100

Passaic, NJ $93,000

Bergenfield, NJ $93,000

Huntington, NY $92,800

Stamford, CT $92,800

Newark, NJ $92,200

Bridgeport, CT $92,000

Vallejo, CA $91,800

New Brunswick, NJ $91,800

Petaluma, CA $91,800

Middlesex, NJ $91,600

Somerset, NJ $91,500

Santa Cruz, CA $91,400

Boston, MA $90,900

Monterey, CA $90,700

Seattle, WA $90,500

Santa Rosa, CA $90,500

Los Angeles, CA $90,400

Juneau, AK $90,200

Washington, DC $90,100

Orange, CA $89,800

Santa Ana, CA $89,600

Anaheim, CA $89,500

Anchorage, AK $89,500

Long Beach, CA $89,500

Santa Maria, CA $89,200

Everett, WA $89,200

Danbury, CT $88,900

Bremerton, WA $88,800

Tacoma, WA $88,500

New Suffolk, NY $88,500

Sacramento, CA $88,500

Santa Barbara, CA $88,400

Trenton, NJ $88,300

San Diego, CA $88,300

Brockton, MA $88,200

Fairbanks, AK $88,000

Lompoc, CA $87,800

Lowell, MA $87,800

Ventura, CA $87,700

Nashua, NH $87,700

Stockton, CA $87,700

Modesto, CA $87,100

Poughkeepsie, NY $86,900

Kennewick, WA $86,800

Olympia, WA $86,800

New Haven, CT $86,700

Lawrence, MA $86,500

Hartford, CT $86,400

Riverside, CA $86,400

New Bedford, MA $86,300

Richland, WA $86,300

Bakersfield, CA $86,200

Norwich, CT $86,100

New London, CT $86,100

San Bernardino, CA $86,100

New Britain, CT $86,100

Atlantic City, NJ $86,100

Portsmouth, NH $86,000

Boulder, CO $85,900

Portland, OR $85,800

Worcester, MA $85,700

Minneapolis, MN $85,500

Philadelphia, PA $85,400

Honolulu, HI $85,100

Saint Paul, MN $85,100

Vineland, NJ $85,100

Providence, RI $84,800

Chicago, IL $84,600

Bellingham, WA $84,500

Springfield, MA $84,400

Baltimore, MD $84,400

Chico, CA $84,200

Pittsfield, MA $84,000

Manchester, NH $83,800

Spokane, WA $83,500

Denver, CO $83,400

Albany, NY $83,100

Troy, NY $83,000

Nassau, NY $82,900

Schenectady, NY $82,900

Wilmington, DE $82,800

Burlington, VT $82,700

Salem, OR $82,600

Portland, ME $82,400

Yakima, WA $82,300

Rochester, MN $82,100

Reno, NV $82,000

Fresno, CA $82,000

Milwaukee, WI $81,900

Detroit, MI $81,900

Allentown, PA $81,800

Ann Arbor, MI $81,800

Colorado Springs, CO $81,700

Syracuse, NY $81,700

Carson City, NV $81,700

Houston, TX $81,500

Eugene, OR $81,500

Gary, IN $81,400

Bismarck, ND $81,300

Galveston, TX $81,300

Springfield, OR $81,300

Medford, OR $81,100

Fort Collins, CO $81,100

Concord, NH $81,100

Austin, TX $81,000

Mesa, AZ $80,900

Reading, PA $80,900

Phoenix, AZ $80,900

Dallas, TX $80,800

Saint Cloud, MN $80,700

Madison, WI $80,600

Utica, NY $80,400

Rochester, NY $80,300

Des Moines, IA $80,300

Raleigh, NC $80,300

Atlanta, GA $80,100

Battle Creek, MI $80,100

Salt Lake City, UT $80,100

Lancaster, PA $80,000

Harrisburg, PA $79,900

Fort Worth, TX $79,800

Champaign, IL $79,800

Kansas City, MO $79,800

Kansas City, KS $79,800

Columbus, OH $79,700

Boca Raton, FL $79,700

Pittsburgh, PA $79,700

Richmond, VA $79,700

Cleveland, OH $79,600

Indianapolis, IN $79,600

Cincinnati, OH $79,500

Las Vegas, NV $79,500

Petersburg, VA $79,400

Huntsville, AL $79,300

Lansing, MI $79,200

Lebanon, PA $79,200

Pueblo, CO $79,200

Appleton, WI $79,200

Buffalo, NY $79,200

Saint Louis, MO $79,100

Charlotte, NC $79,100

Racine, WI $79,100

Dayton, OH $79,100

York, PA $79,000

Elkhart, IN $79,000

Gastonia, NC $79,000

Billings, MT $79,000

Beaumont, TX $79,000

Lorain, OH $79,000

Binghamton, NY $78,900

Rock Hill, SC $78,900

Benton Harbor, MI $78,900

Toledo, OH $78,900

Rockford, IL $78,800

Springfield, IL $78,800

Elyria, OH $78,800

Fargo, ND $78,800

Flagstaff, AZ $78,700

Fort Lauderdale, FL $78,700

Grand Forks, ND $78,600

Cheyenne, WY $78,600

Duluth, MN $78,600

Miami, FL $78,600

Bangor, ME $78,400

Cedar Rapids, IA $78,300

Durham, NC $78,300

Louisville, KY $78,300

Grand Rapids, MI $78,300

Hialeah, FL $78,200

Casper, WY $78,100

Akron, OH $78,000

Virginia Beach, VA $78,000

New Orleans, LA $78,000

Scranton, PA $78,000

Peoria, IL $77,900

Sarasota, FL $77,800

Nashville, TN $77,800

Omaha, NE $77,800

Green Bay, WI $77,800

Jamestown, NY $77,700

Davenport, IA $77,700

Baton Rouge, LA $77,700

Charleston, SC $77,700

Tucson, AZ $77,600

Saint Petersburg, FL $77,600

Tampa, FL $77,600

Bradenton, FL $77,500

Evansville, IN $77,500

Port Arthur, TX $77,500

Santa Fe, NM $77,300

Clearwater, FL $77,200

Orlando, FL $77,200

La Crosse, WI $77,000

Canton, OH $77,000

Albuquerque, NM $77,000

Newport News, VA $76,900

High Point, NC $76,900

Ogden, UT $76,900

Corpus Christi, TX $76,800

Norfolk, VA $76,800

Laramie, WY $76,800

Boise, ID $76,700

Salisbury, NC $76,700

Rock Island, IL $76,700

Saginaw, MI $76,700

Jacksonville, FL $76,700

Moline, IL $76,600

Fort Myers, FL $76,600

Memphis, TN $76,600

Tulsa, OK $76,500

Waterloo, IA $76,500

Provo, UT $76,400

Fort Wayne, IN $76,400

Spartanburg, SC $76,400

Lincoln, NE $76,400

Cedar Falls, IA $76,300

San Antonio, TX $76,200

Greensboro, NC $76,200

South Bend, IN $76,200

Savannah, GA $76,100

Muskegon, MI $76,100

Winston Salem, NC $76,000

Birmingham, AL $76,000

Lake Charles, LA $75,800

Anderson, IN $75,800

Lexington, KY $75,800

Wichita, KS $75,700

Lima, OH $75,700

Tuscaloosa, AL $75,700

Augusta, GA $75,700

Greenville, SC $75,700

Springfield, OH $75,600

Columbia, SC $75,600

Asheville, NC $75,500

Bloomington, IN $75,400

Knoxville, TN $75,100

Shreveport, LA $75,100

Wilmington, NC $75,000

Roanoke, VA $75,000

Frankfort, KY $74,800

Oklahoma City, OK $74,800

Topeka, KS $74,800

Chillicothe, OH $74,700

Longview, TX $74,700

Melbourne, FL $74,700

Sioux Falls, SD $74,600

Mobile, AL $74,600

Terre Haute, IN $74,600

Altoona, PA $74,500

Killeen, TX $74,400

Fayetteville, AR $74,400

Amarillo, TX $74,400

Chattanooga, TN $74,300

Sioux City, IA $74,300

Idaho Falls, ID $74,200

Lynchburg, VA $74,200

Gainesville, FL $74,100

Youngstown, OH $74,000

Lafayette, LA $74,000

Portsmouth, OH $74,000

Little Rock, AR $74,000

Daytona Beach, FL $73,900

Clarksville, TN $73,900

Pensacola, FL $73,900

Temple, TX $73,900

Hopkinsville, KY $73,700

Erie, PA $73,700

Florence, SC $73,600

Charleston, WV $73,500

Great Falls, MT $73,400

Waco, TX $73,300

Fayetteville, NC $73,300

Tallahassee, FL $73,300

Macon, GA $73,300

Helena, MT $73,200

Pine Bluff, AR $73,200

Vincennes, IN $73,100

Lubbock, TX $73,100

Alamogordo, NM $73,000

Twin Falls, ID $72,900

Rapid City, SD $72,900

Greenville, MS $72,800

Jackson, MS $72,800

Huntington, WV $72,800

Parkersburg, WV $72,700

Montgomery, AL $72,700

Wichita Falls, TX $72,600

Springfield, MO $72,600

Biloxi, MS $72,500

Monroe, LA $72,500

Columbus, GA $72,400

Sumter, SC $72,400

Johnstown, PA $72,400

Pascagoula, MS $72,200

Abilene, TX $72,200

Kingsport, TN $72,000

Albany, GA $72,000

Gulfport, MS $72,000

Alexandria, LA $71,700

Fort Smith, AR $71,500

El Paso, TX $71,300

Las Cruces, NM $70,900

Harlingen, TX $70,700

Pocatello, ID $70,700

Florence, AL $70,600

Brownsville, TX $70,600

Mcallen, TX $70,400

Dothan, AL $70,300

Columbus, MS $69,800

Altus, OK $69,400

Lawton, OK $69,300

Pierre, SD $69,000

Loan Closing Manager Salary by Company Size: Startups vs. Enterprise

Loan Closing Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $87,202. While startup companies pay approximate $74,005.

Loan Closing Manager Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$74,005
Growth Stage	51~500	$78,220
Established	501~5000	$84,268
Enterprise	5000+	$87,202

Loan Closing Manager Salary by Industry: Top Paying Sectors

For Loan Closing Manager roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 10% above the average. Conversely, Loan Closing Manager positions in Business Services typically offer lower base pay, as this sector often view Loan Closing Manager as a support function rather than a direct revenue driver.

The top paying industries for a Loan Closing Manager

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$89,980	$43.0	10%
Edu., Gov't. & Nonprofit	$85,890	$41.0	5%

Loan Closing Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Closing Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$74,000

Average $81,800/year

$90,700

$6,167

Average $6,817/month

$7,558

$1,423

Average $1,573/week

$1,744

$36

Average $39/hour

$44

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$90,700	$7,558	$1,744	$44
Average	$81,800	$6,817	$1,573	$39
25th Percentile	$74,000	$6,167	$1,423	$36

Salary Trends for Loan Closing Manager

Salaries for a Loan Closing Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $81,141 in 2023 to around $81,799 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Loan Closing Manager salary trends, .

Average Annual Salary of Loan Closing Manager Over Time

$???
$81,141
$82,943
$81,799
$???
$???

2022
2023
2024
2025
2026
2027

Year	Average Annual Salary
2022	View More
2023	$81,141
2024	$82,943
2025	$81,799
2026	View More
2027	View More

Most common benefits for Loan Closing Manager

Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)

Common company salaries for Loan Closing Manager

Here are companies hiring for Loan Closing Manager and their salaries, click below for more details.

K $114,295/per year

Kpmg Us LLP Business Services the United States

W $114,096/per year

Warner Bros Discovery Business Services the United States

D $111,927/per year

Dentsu International Ltd Business Services the United States

G $111,873/per year

GroupM Worldwide Inc Business Services the United States

C $111,651/per year

CoWorx Staffing Business Services the United States

C $110,194/per year

Contemporary Services Corp Business Services the United States

S $107,128/per year

Showcase Cinemas Business Services the United States

A $106,429/per year

Amentum Services Inc Business Services the United States

A $106,199/per year

Allied Universal Security Services LLC Business Services the United States

S $106,104/per year

Sodexo USA Business Services the United States

J $105,192/per year

JLL Technologies Business Services the United States

I $104,478/per year

Intact Insurance Group USA LLC Business Services the United States

N $101,619/per year

NielsenIQ Business Services the United States

T $101,470/per year

The Leading Edge Alliance Business Services the United States

H $101,308/per year

Honeywell UOP Business Services the United States

R $97,720/per year

Reeve & Associates Business Services the United States

M $97,584/per year

ManpowerGroup Global Inc Business Services the United States

F $95,980/per year

Financial Sys Nco Business Services the United States

A $95,314/per year

Arrow Global Ltd Business Services the United States

C $94,777/per year

CarMax Enterprise Services LLC Business Services the United States

D $94,479/per year

DZConneX Business Services the United States

A $93,802/per year

Adecco Staffing, USA Business Services the United States

R $92,937/per year

Resource MFG Business Services the United States

Z $92,774/per year

Zachry Brands Inc Business Services the United States

G $88,138/per year

Greystar Worldwide LLC Business Services the United States

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FAQ about Loan Closing Manager

1. What industry pays the highest salary for Loan Closing Manager?

The Financial Services industry offers the highest average compensation for Loan Closing Manager roles, with salaries approximately 10% above the market median.

2. How much does a loan closing coordinator make?

A Loan Closing Manager typically earns between $83,800 and $99,600 annually, with a median salary of $90,600. This is significantly higher than the salaries reported for Closing Coordinators in various cities, which are generally below $53,000. The role of a Loan Closing Manager involves more responsibilities, reflecting the higher compensation.

3. How much do bank loan managers make?

As of now, Loan Closing Managers earn between $83,800 and $99,600 annually, with a median salary of $90,600. This translates to approximately $40.24 to $47.88 per hour, or about $1,613 to $1,913 per week. Monthly, this equates to roughly $7,150 to $8,700.

4. What is the job of a loan manager?

A Loan Closing Manager oversees the final stages of the loan process, ensuring all documentation is accurate and compliant. They coordinate with lenders, borrowers, and other parties to facilitate smooth transactions. The salary for this role typically ranges from $83,800 to $99,600, with a midpoint of $90,600, reflecting the importance and complexity of the position.

5. What is a loan closing specialist?

A loan closing specialist coordinates all phases of loan closings, preparing packages, communicating with involved parties, and ensuring all paperwork is complete and compliant. The salary for this role typically ranges from $83,800 to $99,600, with a mid-point salary of $90,600, reflecting the importance and complexity of the position.

6. How much is the manager's salary?

The estimated total pay for a Loan Closing Manager ranges from $83,800 to $99,600 annually, with a mid-salary of $90,600. This reflects the typical salary range for this position, providing a clear understanding of the compensation structure in the industry.

7. How much does a closing manager make?

A Loan Closing Manager typically earns between $83,800 and $99,600 annually, with a mid-salary of $90,600. Salaries can vary based on location, with some of the highest paying states like Maryland offering competitive hourly rates.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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Loan Closing Manager Salary in the United States

How much does a Loan Closing Manager make in the United States?

Key Factors That Influence Loan Closing Manager Salaries

How Experience Level Affects Loan Closing Manager Salaries?

How Do Loan Closing Manager Salaries Vary from State to State?

Top Paying Cities for Loan Closing Managers

Loan Closing Manager Salary by Company Size: Startups vs. Enterprise

Loan Closing Manager Salary by Company Size

Loan Closing Manager Salary by Industry: Top Paying Sectors

The top paying industries for a Loan Closing Manager

Loan Closing Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salary Trends for Loan Closing Manager

Average Annual Salary of Loan Closing Manager Over Time

Most common benefits for Loan Closing Manager

Common company salaries for Loan Closing Manager

Find Your Next Loan Closing Manager Job

For Employees

For Employers

FAQ about Loan Closing Manager

1. What industry pays the highest salary for Loan Closing Manager?

2. How much does a loan closing coordinator make?

3. How much do bank loan managers make?

4. What is the job of a loan manager?

5. What is a loan closing specialist?

6. How much is the manager's salary?

7. How much does a closing manager make?

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Loan Closing Manager Salary in the United States

How much does a Loan Closing Manager make in the United States?

Key Factors That Influence Loan Closing Manager Salaries

How Experience Level Affects Loan Closing Manager Salaries?

How Do Loan Closing Manager Salaries Vary from State to State?

Top Paying Cities for Loan Closing Managers

Loan Closing Manager Salary by Company Size: Startups vs. Enterprise

Loan Closing Manager Salary by Company Size

Loan Closing Manager Salary by Industry: Top Paying Sectors

The top paying industries for a Loan Closing Manager

Loan Closing Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salaries of Jobs related to Loan Closing Manager

Salary Trends for Loan Closing Manager

Average Annual Salary of Loan Closing Manager Over Time

Most common benefits for Loan Closing Manager

Common company salaries for Loan Closing Manager

Find Your Next Loan Closing Manager Job

For Employees

For Employers

FAQ about Loan Closing Manager

1. What industry pays the highest salary for Loan Closing Manager?

2. How much does a loan closing coordinator make?

3. How much do bank loan managers make?

4. What is the job of a loan manager?

5. What is a loan closing specialist?

6. How much is the manager's salary?

7. How much does a closing manager make?

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?