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As of August 01, 2026, the average salary for a Loan Closing Manager in Massachusetts is $89,100 per year, which breaks down to an hourly rate of $43.
However, a Loan Closing Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Loan Closing Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $98,700 | $8,225 | $1,898 | $47 |
| Average | $89,100 | $7,425 | $1,713 | $43 |
| 25th Percentile | $80,500 | $6,708 | $1,548 | $39 |
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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.
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:
| Levels | Salary |
|---|---|
| Entry Level Loan Closing Manager | $85,855 |
| Intermediate Level Loan Closing Manager | $86,236 |
| Senior Level Loan Closing Manager | $88,136 |
| Specialist Level Loan Closing Manager | $91,481 |
| Expert Level Loan Closing Manager | $92,637 |
What Am I Worth?
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:
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:
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 $94,929. While startup companies pay approximate $80,608.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $80,608 |
| Growth Stage | 51~500 | $85,183 |
| Established | 501~5000 | $91,755 |
| Enterprise | 5000+ | $94,929 |
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $98,010 | $47.0 | 10% |
| Edu., Gov't. & Nonprofit | $93,555 | $45.0 | 5% |
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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $98,700 | $8,225 | $1,898 | $47 |
| Average | $89,100 | $7,425 | $1,713 | $43 |
| 25th Percentile | $80,500 | $6,708 | $1,548 | $39 |
Ready to take the next step in your career? Browse thousands of current Loan Closing Manager job openings on our job board. Use the search bar below to find your perfect match.
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