How Much Does a Commercial Loan Closing Specialist Make in Massachusetts?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Commercial Loan Closing Specialist in Massachusetts is $120,465. While Salary.com is seeing that Commercial Loan Closing Specialist salary in MA can go up to $155,630 or down to $73,567, but most earn between $95,917 and $138,872. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $95,917 10% $73,567 90% $155,630 75% $138,872 $120,465 50%(Median)
Related Job Titles to Commercial Loan Closing Specialist
Loan Closing Specialist
$62,664
Massachusetts
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Mortgage Loan Closing Specialist I
$53,150
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Mortgage Loan Closing Specialist II
$61,110
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Commercial Loan Specialist
$107,224
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Similar Job Salaries to Commercial Loan Closing Specialist by Company

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Company average base salary in (usd) range
Bank Rhode Island
Commercial Loan Closing Manager ~ Boston, MA
$125,073/yr
$110,791
$139,354
RANGE: $110,791 - $139,354
Wells Fargo
Commercial Loan Closing Specialist
$87,908/yr
$79,296
$96,520
RANGE: $79,296 - $96,520
B10 Wells Fargo Bank, N. A.
Commercial Loan Closing Specialist
$92,150/yr
$83,135
$101,164
RANGE: $83,135 - $101,164
WELLS FARGO BANK
Commercial Loan Closing Specialist
$87,030/yr
$78,144
$95,915
RANGE: $78,144 - $95,915
HomeTrust Bank Job Board
Commercial Loan Closing Specialist
$88,443/yr
$79,792
$97,095
RANGE: $79,792 - $97,095
Wintrust Financial
Senior Commercial Loan Closing Specialist
$100,056/yr
$90,098
$110,015
RANGE: $90,098 - $110,015
Randstad
Commercial loan closing specialist 2
$106,050/yr
$95,676
$116,424
RANGE: $95,676 - $116,424
Greenfield Savings Bank
Commercial Loan Servicing Specialist (onsite)
$57,684/yr
$51,627
$63,742
RANGE: $51,627 - $63,742
Wells Fargo
Commercial Loan Closing Associate
$120,038/yr
$106,307
$133,768
RANGE: $106,307 - $133,768

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Top 10 Highest Paying Cities For Commercial Loan Closing Specialist Jobs in Massachusetts

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Loan Closing Specialist can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Commercial Loan Closing Specialist job salaries in Massachusetts. Some cities can pay higher salaries for Commercial Loan Closing Specialist jobs, which can indicate that there is a large demand for Commercial Loan Closing Specialist positions in this city.
The following table shows top 10 cities where the Commercial Loan Closing Specialist salary is higher than other cities in Massachusetts. Boston takes first place in this list, followed by Cambridge, Waltham. The Commercial Loan Closing Specialist salary is $123,453 in Boston, which is higher than the national average. There are 36 cities' Commercial Loan Closing Specialist salary higher than national average in Massachusetts.
The average salary for a Commercial Loan Closing Specialist in Massachusetts is $120,465, but we found that the city with the highest salary for Commercial Loan Closing Specialist jobs is Boston, MA, and it is higher than Cambridge. Commercial Loan Closing Specialist jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boston $123,453 $10,288 $2,374 $59
Cambridge $123,453 $10,288 $2,374 $59
Waltham $123,453 $10,288 $2,374 $59
Newton $123,453 $10,288 $2,374 $59
Arlington $123,453 $10,288 $2,374 $59
Brookline $123,453 $10,288 $2,374 $59
Lynn $123,453 $10,288 $2,374 $59
Malden $123,453 $10,288 $2,374 $59
Medford $123,453 $10,288 $2,374 $59
Quincy $123,453 $10,288 $2,374 $59

What Does a Commercial Loan Closing Specialist Do?

Duties As a Loan Specialist you will: Analyze the contribution of individual technology sectors, to portfolio risk, full portfolio loss and value….
Updated December 22, 2021
The Commercial Loan Closing Specialist will work closely with our Commercial Real Estate and Commercial and Industrial Lending Departments.
Updated December 05, 2021
Prepares closing instructions; determines charges to be collected at closing such as appraisal/inspection fees, credit report charges, loan origination fees, etc.
Updated December 04, 2021
Job Summary The role of the Commercial Loan Documentation Specialist team is to be the liaison between all parties in the commercial loan process and guide….
Updated November 28, 2021
Overview: Responsible for ensuring that due diligence requirements for commercial loans scheduled to close have been met and these facilities have been….
Updated November 25, 2021

Frequently Asked Questions About a Commercial Loan Closing Specialist Salaries

What is the average of a Commercial Loan Closing Specialist in Massachusetts?

The Commercial Loan Closing Specialist salary range is from $95,917 to $138,872, and the average Commercial Loan Closing Specialist salary is $120,465/year in Massachusetts. The Commercial Loan Closing Specialist's salary will change in different locations.

Which location pays the highest Commercial Loan Closing Specialist salary in the United States?

The Commercial Loan Closing Specialist salary in San Jose, CA is $139,614 which is the highest in the US.

What kinds of reasons will influence the Commercial Loan Closing Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Commercial Loan Closing Specialist.

What is the growth rate of the Commercial Loan Closing Specialist's salary?

If you are thinking of becoming a Commercial Loan Closing Specialist or planning the next step in your career, find the detailed salary report of a Commercial Loan Closing Specialist.