Loan Closing Officer Salaries in Gary, IN
How Much Does a Loan Closing Officer Make in Gary, IN?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Closing Officer in Gary, IN is $66,796.
While Salary.com is seeing that Loan Closing Officer salary in Gary, IN can go up to $87,174
or down to $47,708, but most earn between $56,805 and $77,463.
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 Officer
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Similar Job Salaries to Loan Closing Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Centra Corporation
Mortgage Loan Closing Specialist
|
$59,933/yr
|
RANGE: $50,454 - $69,412
|
|
Centra Credit Union
Mortgage Loan Closing Specialist
|
$59,459/yr
|
RANGE: $49,733 - $69,185
|
|
Kamal Fincap Pvt. Ltd.
Loan Officer
|
$68,475/yr
|
RANGE: $58,258 - $78,691
|
|
Atlantic Bay Mortgage Group
Loan Officer
|
$95,776/yr
|
RANGE: $76,345 - $115,208
|
|
Careers at Stock Yards Bank & Trust Co.
MORTGAGE LOAN OFFICER - Greenwood
|
$95,776/yr
|
RANGE: $76,345 - $115,208
|
|
Citizens Bank
Commercial Loan Officer
|
$115,328/yr
|
RANGE: $94,333 - $136,323
|
|
Tech Credit Union
Mortgage Loan Officer
|
$98,139/yr
|
RANGE: $78,228 - $118,049
|
|
gpac
Ag Loan Officer
|
$93,398/yr
|
RANGE: $71,456 - $115,340
|
|
First Savings Bank
Commercial Loan Officer
|
$115,041/yr
|
RANGE: $94,141 - $135,942
|
|
New American Funding
Sr. Loan Officer
|
$80,651/yr
|
RANGE: $67,111 - $94,191
|
What Does a Loan Closing Officer Do?
While the loan officer is the person who works with you, the lender is the institution that initially funds the loan.
Updated October 31, 2021
In other words, a mortgage broker is a type of mortgage business, while a loan officer is a salesperson paid to give you the information needed to choose a mortgage that fits your needs.
Updated December 22, 2021
A mortgage broker works with many lenders to find you loan programs with the best rates, terms and lowest closing costs for your situation, but the broker doesn’t actually lend you money.
Updated December 21, 2021
Both mortgage brokers and mortgage banks pay loan officers a fixed percentage of the loan amount, although there may be variations, Andrews said.
Updated December 20, 2021
LO Connect’s intutive design and powerful automation helps your loan officers accomplish common tasks with ease, including:.
Updated December 17, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Closing Officer Salaries
What is the average of a Loan Closing Officer in Gary, IN?
The Loan Closing Officer salary range is from $56,805 to $77,463, and the average Loan Closing Officer salary is $66,796/year in Gary, IN.
The Loan Closing Officer's salary will change in different locations.
Which location pays the highest Loan Closing Officer salary in the United States?
The Loan Closing Officer salary in San Jose, CA is $83,913
which is the highest in the US.
What kinds of reasons will influence the Loan Closing Officer'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 Officer.
What is the growth rate of the Loan Closing Officer's salary?
If you are thinking of becoming a Loan Closing Officer or planning the next step in your career, find the detailed salary report of a Loan Closing Officer.
