Loan Closing Officer Salaries in Salem, OR
How Much Does a Loan Closing Officer Make in Salem, OR?
Updated May 01, 2025
As of May 01, 2025,
the average annual pay of Loan Closing Officer in Salem, OR is $67,476.
While Salary.com is seeing that Loan Closing Officer salary in Salem, OR can go up to $88,059
or down to $48,206, but most earn between $57,389 and $78,250.
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 |
|---|---|---|
|
beBee Careers
Loan Officer
|
$72,161/yr
|
RANGE: $60,959 - $83,362
|
|
Mission San Jose Mortgage
Loan Officer
|
$97,763/yr
|
RANGE: $77,927 - $117,598
|
|
Mortgage Calculator Company LLC
Loan Officer
|
$102,878/yr
|
RANGE: $82,005 - $123,751
|
|
Builders Capital
Loan Officer
|
$96,683/yr
|
RANGE: $77,067 - $116,299
|
|
Caliver Beach Mortgage, LLC
Loan Officer
|
$97,763/yr
|
RANGE: $77,927 - $117,598
|
|
Comerica Bank
Loan Closing Officer
|
$69,346/yr
|
RANGE: $58,999 - $79,693
|
|
First Horizon National Corporation
Loan Closing Officer
|
$67,114/yr
|
RANGE: $57,100 - $77,128
|
|
SELCO Community Credit Union
Bilingual Loan Officer I or Loan Officer I
|
$92,241/yr
|
RANGE: $73,823 - $110,658
|
|
Summit Bank
Commercial Loan Officer
|
$93,411/yr
|
RANGE: $78,020 - $108,802
|
|
Mortgage Equity Partners LLC
Mortgage Loan Officer
|
$102,878/yr
|
RANGE: $82,005 - $123,751
|
What Does a Loan Closing Officer Do?
A loan officer offers mortgage options only from the financial institution they work for, while a mortgage broker acts as a matchmaker between you and a number of different mortgage lenders.
Updated October 11, 2021
Commercial loan officers specialize in business loans, whereas mortgage loan officers may handle residential and commercial mortgage loans, depending on their specialization.
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
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Explore JobArchitectFrequently Asked Questions About a Loan Closing Officer Salaries
What is the average of a Loan Closing Officer in Salem, OR?
The Loan Closing Officer salary range is from $57,389 to $78,250, and the average Loan Closing Officer salary is $67,476/year in Salem, OR.
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 Santa Clara, CA is $84,617
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.
