How Much Does a Loan Closing Officer Make in Sioux City, IA?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Loan Closing Officer in Sioux City, IA is $58,981. While Salary.com is seeing that Loan Closing Officer salary in Sioux City, IA can go up to $76,976 or down to $42,126, but most earn between $50,158 and $68,400. 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
$80,300
Sioux City, IA
Per Year
Loan Closing Administrator
$51,646
Sioux City, IA
Per Year
Loan Closing Analyst
$58,981
Sioux City, IA
Per Year
Loan Closing Specialist
$50,829
Sioux City, IA
Per Year
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Similar Job Salaries to Loan Closing Officer by Company

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Company average base salary in (usd) range
Midstates Bank
Ag / Commercial Loan Officer
$83,641/yr
$65,780
$101,502
RANGE: $65,780 - $101,502
Frontline Recruit
Agricultural Loan Officer
$115,083/yr
$91,855
$138,311
RANGE: $91,855 - $138,311
BankIowa
Ag/Commercial Loan Officer
$89,134/yr
$72,746
$105,521
RANGE: $72,746 - $105,521
Primebank
Commercial Loan Officer
$135,915/yr
$108,021
$163,810
RANGE: $108,021 - $163,810
United Bank of Iowa
Ag Loan Officer
$88,258/yr
$69,540
$106,976
RANGE: $69,540 - $106,976
Federation Bank
Mortgage Loan Officer
$92,602/yr
$73,813
$111,391
RANGE: $73,813 - $111,391
Primary Residential Mortgage Inc
Loan Officer Assistant/Processor
$87,531/yr
$70,083
$104,979
RANGE: $70,083 - $104,979
Iowa Community Choice Credit Union
Account Executive (Consumer Loan Officer)
$86,208/yr
$71,595
$100,821
RANGE: $71,595 - $100,821

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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 Sioux City, IA?

The Loan Closing Officer salary range is from $50,158 to $68,400, and the average Loan Closing Officer salary is $58,981/year in Sioux City, IA. 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 $83,263 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.