Loan Closing Analyst Salaries in Illinois
How Much Does a Loan Closing Analyst Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Closing Analyst in Illinois is $68,205.
While Salary.com is seeing that Loan Closing Analyst salary in IL can go up to $89,008
or down to $48,730, but most earn between $58,011 and $79,094.
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 Loan Closing Analyst
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Similar Job Salaries to Loan Closing Analyst by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Chicago Title Insurance Company
Loan Closing Analyst
|
$64,512/yr
|
RANGE: $58,431 - $70,593
|
|
Wintrust Financial
Senior Commercial Loan Closing Specialist
|
$100,056/yr
|
RANGE: $90,098 - $110,015
|
|
Pan American Bank
Senior Commercial Loan Closing Specialist
|
$103,607/yr
|
RANGE: $93,295 - $113,919
|
|
Morgan Stanley
Loan Closing Operations Analyst
|
$66,703/yr
|
RANGE: $60,019 - $73,387
|
|
JPMorgan Chase
Loan Origination Analyst
|
$63,278/yr
|
RANGE: $56,697 - $69,859
|
|
The Inland Real Estate Group LLC
Loan Operations Analyst
|
$61,591/yr
|
RANGE: $55,417 - $67,765
|
|
BCforward
Syndicated Lending Loan analyst
|
$74,324/yr
|
RANGE: $66,234 - $82,415
|
|
Dexian
Commercial Loan Operations Analyst
|
$62,127/yr
|
RANGE: $55,899 - $68,354
|
|
CIBC
LOAN SYNDICATIONS ANALYST - SUMMER 2025
|
$79,764/yr
|
RANGE: $72,855 - $86,674
|
|
International UTC of Columbus
Senior Business Systems Analyst-Loan Origination
|
$104,556/yr
|
RANGE: $94,028 - $115,085
|
Top 10 Highest Paying Cities For Loan Closing Analyst Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Loan Closing Analyst can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Loan Closing Analyst job salaries in Illinois.
Some cities can pay higher salaries for Loan Closing Analyst jobs, which can indicate that there is a large demand for Loan Closing Analyst positions in this city.
The following table shows top 10 cities where the Loan Closing Analyst salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Loan Closing Analyst salary is $69,149 in Chicago,
which is higher than the national average. There are 20 cities' Loan Closing Analyst salary higher than national average in Illinois.
The average salary for a Loan Closing Analyst in Illinois is $68,205,
but we found that the city with the highest salary for Loan Closing Analyst jobs is Chicago, IL, and it is higher than Cicero.
Loan Closing Analyst jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $69,149 | $5,762 | $1,330 | $33 |
| Cicero | $69,149 | $5,762 | $1,330 | $33 |
| Oak Park | $69,149 | $5,762 | $1,330 | $33 |
| Evanston | $69,122 | $5,760 | $1,329 | $33 |
| Skokie | $69,122 | $5,760 | $1,329 | $33 |
| Oak Lawn | $69,068 | $5,756 | $1,328 | $33 |
| Des Plaines | $68,961 | $5,747 | $1,326 | $33 |
| Mount Prospect | $68,908 | $5,742 | $1,325 | $33 |
| Aurora | $68,613 | $5,718 | $1,319 | $33 |
| Hoffman Estates | $68,553 | $5,713 | $1,318 | $33 |
What Does a Loan Closing Analyst Do?
Some lenders may advertise no-closing-cost mortgage refinance loans, but you'll always pay closing fees one way or the other.
Updated November 11, 2021
Unlike an interest rate, however, it includes other charges or fees (such as mortgage insurance, most closing costs, points and loan origination fees) to reflect the total cost of the loan.
Updated November 04, 2021
If you're shopping for a mortgage, you've probably read that closing costs on a home loan are usually 2% to 5% of the amount borrowed.
Updated December 22, 2021
Before you get those house keys, you’ll go to the closing table to sign loan documents and paperwork that transfer homeownership from the seller to you.
Updated December 19, 2021
This program addresses the consumer lending decision and making sense of each step by covering the application process, financial statement analysis, credit analysis, loan structure, compliance, documentation procedures and closing.
Updated December 08, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Closing Analyst Salaries
What is the average of a Loan Closing Analyst in Illinois?
The Loan Closing Analyst salary range is from $58,011 to $79,094, and the average Loan Closing Analyst salary is $68,205/year in Illinois.
The Loan Closing Analyst's salary will change in different locations.
Which location pays the highest Loan Closing Analyst salary in the United States?
The Loan Closing Analyst salary in San Jose, CA is $84,398
which is the highest in the US.
What kinds of reasons will influence the Loan Closing Analyst'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 Loan Closing Analyst.
What is the growth rate of the Loan Closing Analyst's salary?
If you are thinking of becoming a Loan Closing Analyst or planning the next step in your career, find the detailed salary report of a Loan Closing Analyst.
