Commercial Loan Closing Specialist Salaries in Michigan
How Much Does a Commercial Loan Closing Specialist Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Commercial Loan Closing Specialist in Michigan is $109,008.
While Salary.com is seeing that Commercial Loan Closing Specialist salary in MI can go up to $140,830
or down to $66,570, but most earn between $86,795 and $125,665.
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.
Related Job Titles to Commercial Loan Closing Specialist
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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 Michigan
Senior Commercial Loan Closing Coordinator
|
$60,681/yr
|
RANGE: $54,674 - $66,689
|
|
Wells Fargo
Commercial Loan Closing Specialist
|
$87,908/yr
|
RANGE: $79,296 - $96,520
|
|
B10 Wells Fargo Bank, N. A.
Commercial Loan Closing Specialist
|
$92,150/yr
|
RANGE: $83,135 - $101,164
|
|
WELLS FARGO BANK
Commercial Loan Closing Specialist
|
$87,030/yr
|
RANGE: $78,144 - $95,915
|
|
HomeTrust Bank Job Board
Commercial Loan Closing Specialist
|
$88,443/yr
|
RANGE: $79,792 - $97,095
|
|
Commercial Bank
Commercial Loan Documentation Specialist
|
$58,968/yr
|
RANGE: $53,007 - $64,930
|
|
Wintrust Financial
Senior Commercial Loan Closing Specialist
|
$100,056/yr
|
RANGE: $90,098 - $110,015
|
|
Randstad
Commercial loan closing specialist 2
|
$106,050/yr
|
RANGE: $95,676 - $116,424
|
|
PNC Investments
Loan Closing Analyst
|
$59,315/yr
|
RANGE: $53,497 - $65,133
|
|
Mortgagepros Llc
Closing Specialist
|
$57,822/yr
|
RANGE: $52,213 - $63,431
|
Top 10 Highest Paying Cities For Commercial Loan Closing Specialist Jobs in Michigan
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 Michigan.
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 Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Commercial Loan Closing Specialist salary is $111,277 in Ann Arbor,
which is higher than the national average. There are 6 cities' Commercial Loan Closing Specialist salary higher than national average in Michigan.
The average salary for a Commercial Loan Closing Specialist in Michigan is $109,008,
but we found that the city with the highest salary for Commercial Loan Closing Specialist jobs is Ann Arbor, MI, and it is higher than Canton.
Commercial Loan Closing Specialist jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $111,277 | $9,273 | $2,140 | $53 |
| Canton | $111,100 | $9,258 | $2,137 | $53 |
| Novi | $110,746 | $9,229 | $2,130 | $53 |
| Detroit | $110,702 | $9,225 | $2,129 | $53 |
| Warren | $110,702 | $9,225 | $2,129 | $53 |
| Dearborn | $110,702 | $9,225 | $2,129 | $53 |
| Dearborn Heights | $110,646 | $9,221 | $2,128 | $53 |
| Royal Oak | $110,580 | $9,215 | $2,127 | $53 |
| Westland | $110,547 | $9,212 | $2,126 | $53 |
| Taylor | $110,525 | $9,210 | $2,125 | $53 |
What Does a Commercial Loan Closing Specialist Do?
Up to and including five years’ experience in documenting and closing of Commercial Real Estate and Commercial and Industrial transactions.
Updated November 15, 2021
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
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Explore JobArchitectFrequently Asked Questions About a Commercial Loan Closing Specialist Salaries
What is the average of a Commercial Loan Closing Specialist in Michigan?
The Commercial Loan Closing Specialist salary range is from $86,795 to $125,665, and the average Commercial Loan Closing Specialist salary is $109,008/year in Michigan.
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.
