How Much Does a Loan Closing Analyst Make in Minnesota?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Closing Analyst in Minnesota is $68,473. While Salary.com is seeing that Loan Closing Analyst salary in MN can go up to $89,357 or down to $48,921, but most earn between $58,239 and $79,405. 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
Loan Closing Manager
$82,200
Minnesota
Per Year
Loan Closing Administrator
$60,018
Minnesota
Per Year
Loan Closing Officer
$68,473
Minnesota
Per Year
Loan Closing Specialist
$58,921
Minnesota
Per Year
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Similar Job Salaries to Loan Closing Analyst by Company

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Company average base salary in (usd) range
Magnifi Financial Credit Union
SBA Loan Closing Document Specialist
$96,212/yr
$87,565
$104,859
RANGE: $87,565 - $104,859
Magnifi Financial
SBA Loan Closing Document Specialist
$96,212/yr
$87,565
$104,859
RANGE: $87,565 - $104,859
Chicago Title Insurance Company
Loan Closing Analyst
$64,512/yr
$58,431
$70,593
RANGE: $58,431 - $70,593
Morgan Stanley
Loan Closing Operations Analyst
$66,703/yr
$60,019
$73,387
RANGE: $60,019 - $73,387
C4 Technical Services
Business Analyst - Loan Servicing
$100,093/yr
$92,107
$108,079
RANGE: $92,107 - $108,079
Robert Half
Loan Accounting and Finance Analyst
$68,426/yr
$62,435
$74,417
RANGE: $62,435 - $74,417
Lensa
Loan Accounting Analyst - Remote
$60,154/yr
$54,151
$66,157
RANGE: $54,151 - $66,157
NorthMarq Capital
Loan Portfolio Analyst II (Minneapolis) - Commercial Real Estate Finance
$90,177/yr
$81,292
$99,062
RANGE: $81,292 - $99,062
srsacquiom
Loan Agency Assignments and Intake Team Operations Analyst I
$60,057/yr
$54,140
$65,974
RANGE: $54,140 - $65,974
Farm Credit Northwest Florida
Loan Processing & Closing Specialist
$51,373/yr
$46,263
$56,483
RANGE: $46,263 - $56,483

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Top 10 Highest Paying Cities For Loan Closing Analyst Jobs in Minnesota

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 Minnesota. 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 Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Loan Closing Analyst salary is $70,032 in Minneapolis, which is higher than the national average. There are 7 cities' Loan Closing Analyst salary higher than national average in Minnesota.
The average salary for a Loan Closing Analyst in Minnesota is $68,473, but we found that the city with the highest salary for Loan Closing Analyst jobs is Minneapolis, MN, and it is higher than Saint Paul. Loan Closing Analyst jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Minneapolis $70,032 $5,836 $1,347 $34
Saint Paul $70,032 $5,836 $1,347 $34
Minnetonka $70,032 $5,836 $1,347 $34
Eden Prairie $69,912 $5,826 $1,344 $34
Burnsville $69,831 $5,819 $1,343 $34
Lakeville $69,590 $5,799 $1,338 $33
Rochester $67,081 $5,590 $1,290 $32
Saint Cloud $66,011 $5,501 $1,269 $32
Duluth $64,184 $5,349 $1,234 $31

What Does a Loan Closing Analyst Do?

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
Closing costs for refinancing are costs you must pay when you secure a new refinance loan to pay off your existing home mortgage.
Updated December 05, 2021
Update loan data in the system for information such as: Master Data Setup; category overdraw; clearance of sanctioned and debarred firms; changes to Designated Account ceilings; fulfilment of Loan Effectiveness Conditions; loan Closing Date extensions; reallocation of category amounts; etc.
Updated December 01, 2021

Frequently Asked Questions About a Loan Closing Analyst Salaries

What is the average of a Loan Closing Analyst in Minnesota?

The Loan Closing Analyst salary range is from $58,239 to $79,405, and the average Loan Closing Analyst salary is $68,473/year in Minnesota. 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.