Loan Closing Officer Salaries in Ohio
How Much Does a Loan Closing Officer Make in Ohio?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Closing Officer in Ohio is $65,154.
While Salary.com is seeing that Loan Closing Officer salary in OH can go up to $85,026
or down to $46,550, but most earn between $55,416 and $75,556.
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 |
|---|---|---|
|
Huntington National Bank
SBA Business Loan Closing Coordinator
|
$100,761/yr
|
RANGE: $78,610 - $122,913
|
|
$95,950/yr
|
RANGE: $76,492 - $115,408
|
|
|
AMERICAN FINANCIAL NETWORK INC
Loan Officer
|
$95,891/yr
|
RANGE: $76,445 - $115,337
|
|
Jobot
Loan Officer
|
$95,930/yr
|
RANGE: $76,476 - $115,385
|
|
FAY Financial, LLC
Loan Officer
|
$95,733/yr
|
RANGE: $76,319 - $115,148
|
|
CrossCountry Mortgage, LLC
Loan Officer
|
$95,044/yr
|
RANGE: $75,769 - $114,318
|
|
NORTHWESTERN FEDERAL CREDIT UNION
Loan Officer
|
$91,319/yr
|
RANGE: $72,800 - $109,839
|
|
L.E.O. CREDIT UNION
LOAN OFFICER
|
$95,024/yr
|
RANGE: $75,753 - $114,294
|
|
Paramount Residential Mortgage Group
Loan Officer
|
$90,015/yr
|
RANGE: $74,790 - $105,239
|
Top 10 Highest Paying Cities For Loan Closing Officer Jobs in Ohio
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Loan Closing Officer 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 Officer job salaries in Ohio.
Some cities can pay higher salaries for Loan Closing Officer jobs, which can indicate that there is a large demand for Loan Closing Officer positions in this city.
The following table shows top 10 cities where the Loan Closing Officer salary is higher than other cities in Ohio.
Cleveland takes first place in this list, followed by Lakewood, Columbus.
The Loan Closing Officer salary is $65,167 in Cleveland,
which is lower than the national average. There is 0 city's Loan Closing Officer salary higher than national average in Ohio.
The average salary for a Loan Closing Officer in Ohio is $65,154,
but we found that the city with the highest salary for Loan Closing Officer jobs is Cleveland, OH, and it is higher than Lakewood.
Loan Closing Officer jobs in Cleveland can have the opportunity to earn higher salaries than in other cities in Ohio.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Cleveland | $65,167 | $5,431 | $1,253 | $31 |
| Lakewood | $65,167 | $5,431 | $1,253 | $31 |
| Columbus | $65,154 | $5,430 | $1,253 | $31 |
| Euclid | $65,114 | $5,426 | $1,252 | $31 |
| Cincinnati | $65,020 | $5,418 | $1,250 | $31 |
| Dayton | $64,759 | $5,397 | $1,245 | $31 |
| Hamilton | $64,753 | $5,396 | $1,245 | $31 |
| Newark | $64,753 | $5,396 | $1,245 | $31 |
| Lorain | $64,552 | $5,379 | $1,241 | $31 |
| Toledo | $64,525 | $5,377 | $1,241 | $31 |
What Does a Loan Closing Officer Do?
LO Connect’s intutive design and powerful automation helps your loan officers accomplish common tasks with ease, including:.
Updated December 17, 2021
The Commercial Loan Closing Officer is responsible for performing the tasks relative to loan closing/funding, callback of loans booked, as well as the liaison among internal and external parties, such as lending units, loan servicing and third party closing agents including attorneys.
Updated October 20, 2021
Because many different industries need loan officers, from real estate to banking, jobs are often available.
Updated September 30, 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
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Explore JobArchitectFrequently Asked Questions About a Loan Closing Officer Salaries
What is the average of a Loan Closing Officer in Ohio?
The Loan Closing Officer salary range is from $55,416 to $75,556, and the average Loan Closing Officer salary is $65,154/year in Ohio.
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 $84,398
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.
