As of April 01, 2025, the average annual salary for a Loan Closing Manager in Newark, NJ is $90,900. According to Salary.com, salaries can range from a low of $76,190 to a high of $109,813, with most professionals earning between $83,200 and $100,800.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $100,800 | $8,400 | $1,938 | $48 |
| Average | $90,900 | $7,575 | $1,748 | $44 |
| 25th Percentile | $83,200 | $6,933 | $1,600 | $40 |
An entry-level Loan Closing Manager with under 1 year experience makes about $88,016. With less than 2 years of experience, a mid-level Loan Closing Manager makes around $88,366. After 2-4 years, the Loan Closing Manager pay rises to about $90,115. Those senior Loan Closing Manager with 5-8 years of experience earn roughly $93,431, and those Loan Closing Manager having 8 years or more experience are expected to earn about $94,608 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Closing Manager | $88,016 |
| Intermediate Level Loan Closing Manager | $88,366 |
| Senior Level Loan Closing Manager | $90,115 |
| Specialist Level Loan Closing Manager | $93,431 |
| Expert Level Loan Closing Manager | $94,608 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 3% |
| Experienced | 4% |
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