As of April 01, 2025, the average annual salary for a Mortgage Loan Closing Specialist I in District of Columbia is $54,070. According to Salary.com, salaries can range from a low of $44,594 to a high of $66,679, with most professionals earning between $49,110 and $60,670.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $60,670 | $5,056 | $1,167 | $29 |
| Average | $54,070 | $4,506 | $1,040 | $26 |
| 25th Percentile | $49,110 | $4,093 | $944 | $24 |
An entry-level Mortgage Loan Closing Specialist I with under 1 year experience makes about $52,443. With less than 2 years of experience, a mid-level Mortgage Loan Closing Specialist I makes around $53,334. After 2-4 years, the Mortgage Loan Closing Specialist I pay rises to about $55,750. Those senior Mortgage Loan Closing Specialist I with 5-8 years of experience earn roughly $57,326, and those Mortgage Loan Closing Specialist I having 8 years or more experience are expected to earn about $57,523 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Loan Closing Specialist I | $52,443 |
| Intermediate Level Mortgage Loan Closing Specialist I | $53,334 |
| Senior Level Mortgage Loan Closing Specialist I | $55,750 |
| Specialist Level Mortgage Loan Closing Specialist I | $57,326 |
| Expert Level Mortgage Loan Closing Specialist I | $57,523 |
| Entry Level | 7% |
| Mid Level | 9% |
| Senior Level | 14% |
| Top Level | 17% |
| Experienced | 18% |
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Mortgage Loan Closing Specialist I salary varies from city to city. Compared with national average salary of Mortgage Loan Closing Specialist I, the highest Mortgage Loan Closing Specialist I salary is in San Francisco, CA, where the Mortgage Loan Closing Specialist I salary is 24.9% above. The lowest Mortgage Loan Closing Specialist I salary is in Miami, FL, where the Mortgage Loan Closing Specialist I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $60,990 |
24.9%
|
| Washington, DC | $54,070 |
10.7%
|
| Miami, FL | $46,920 |
|
| Chicago, IL | $50,470 |
3.3%
|
| Boston, MA | $54,470 |
11.5%
|
| New York, NY | $56,600 |
15.9%
|
