How Much Does a Loan Closing Officer Make in Passaic, NJ?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Closing Officer in Passaic, NJ is $76,959. While Salary.com is seeing that Loan Closing Officer salary in Passaic, NJ can go up to $100,438 or down to $54,967, but most earn between $65,448 and $89,249. 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
Loan Closing Manager
$92,400
Passaic, NJ
Per Year
Closing Officer
$53,362
Passaic, NJ
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Loan Closing Administrator
$67,519
Passaic, NJ
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Loan Closing Analyst
$76,959
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Similar Job Salaries to Loan Closing Officer by Company

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Company average base salary in (usd) range
Ready Capital
Associate, Loan Closing Specialist
$70,157/yr
$62,913
$77,401
RANGE: $62,913 - $77,401
The Provident Bank of New Jersey
Commercial Loan Closing Coordinator II
$120,016/yr
$108,200
$131,831
RANGE: $108,200 - $131,831
The Provident Bank of New Jersey
Commercial Loan Closing Coordinator III
$101,075/yr
$92,794
$109,357
RANGE: $92,794 - $109,357
The Citco Group Limited
Loan Closing - Assistant Vice President
$68,408/yr
$61,048
$75,767
RANGE: $61,048 - $75,767
Jobot
Loan Officer
$86,656/yr
$77,871
$95,440
RANGE: $77,871 - $95,440
$84,085/yr
$74,854
$93,317
RANGE: $74,854 - $93,317
USA Funding
Loan Officer
$86,349/yr
$77,595
$95,102
RANGE: $77,595 - $95,102
Garden State Mortgage
Loan Officer
$88,189/yr
$79,249
$97,129
RANGE: $79,249 - $97,129
Prodigy Partners LLC
Loan Officer
$84,048/yr
$75,528
$92,569
RANGE: $75,528 - $92,569

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What Does a Loan Closing Officer Do?

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
Loan officers are knowledgable about all of the various types of loans offered by the financial institutions they represent and can advise borrowers on the best options for their needs.
Updated December 16, 2021

Frequently Asked Questions About a Loan Closing Officer Salaries

What is the average of a Loan Closing Officer in Passaic, NJ?

The Loan Closing Officer salary range is from $65,448 to $89,249, and the average Loan Closing Officer salary is $76,959/year in Passaic, NJ. 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.