Loan Closing Specialist Salaries in the United States
How Much Does a Loan Closing Specialist Make?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Closing Specialist in the United States is $57,590.
While Salary.com is seeing that Loan Closing Specialist salary in the US can go up to $70,923
or down to $43,437, but most earn between $50,182 and $64,569.
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 Specialist
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Similar Job Salaries to Loan Closing Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Wells Fargo
Commercial Loan Closing Specialist
|
$97,091/yr
|
RANGE: $87,593 - $106,589
|
|
B10 Wells Fargo Bank, N. A.
Commercial Loan Closing Specialist
|
$83,297/yr
|
RANGE: $73,719 - $92,875
|
|
Bank of America
Post Closing Loan Specialist
|
$48,993/yr
|
RANGE: $44,470 - $53,516
|
|
NCHFA
Loan Post Closing Specialist
|
$46,870/yr
|
RANGE: $42,722 - $51,017
|
|
Economic and Community Development Institute
Loan Closing & Compliance Specialist
|
$63,139/yr
|
RANGE: $56,812 - $69,465
|
|
TEKsystems
Home Loan Specialist (Closing)
|
$55,083/yr
|
RANGE: $49,538 - $60,629
|
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Susser Bank
Sr Loan Closing Specialist
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$57,915/yr
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RANGE: $52,064 - $63,765
|
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BlueHub Capital
Construction Loan and Closing Specialist
|
$103,170/yr
|
RANGE: $90,497 - $115,843
|
|
Washington Financial Bank
LOAN CLOSING SUPPORT SPECIALIST
|
$88,348/yr
|
RANGE: $78,965 - $97,731
|
What Does a Loan Closing Specialist Do?
Loan officers work with a lending institution and their borrowers to provide consultation, application, underwriting, approval, and deal-closing services on loans.
Updated December 14, 2021
Next you must earn experience in the field, likely through an internship or apprenticeship, as most employers require 1 to 3 years of experience from their post closing specialists.
Updated December 10, 2021
A detailed breakdown of your estimated loan-related closing costs, such as origination charges, appraisal fees, title insurance and more.
Updated December 10, 2021
Most importantly, we explain what to avoid and what to do if a mortgage loan is denied at closing or before.
Updated December 07, 2021
Using the Loan Estimate as a launching point, borrowers should talk with their VA loan specialist and real estate agent about the best closing cost approach.
Updated November 28, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Closing Specialist Salaries
What is the average of a Loan Closing Specialist in the United States?
The Loan Closing Specialist salary range is from $50,182 to $64,569, and the average Loan Closing Specialist salary is $57,590/year in the United States.
The Loan Closing Specialist's salary will change in different locations.
Which location pays the highest Loan Closing Specialist salary in the United States?
The Loan Closing Specialist salary in San Jose, CA is $72,275
which is the highest in the US.
What kinds of reasons will influence the Loan Closing Specialist'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 Specialist.
What is the growth rate of the Loan Closing Specialist's salary?
If you are thinking of becoming a Loan Closing Specialist or planning the next step in your career, find the detailed salary report of a Loan Closing Specialist.
Recent Salary Report
Below are the most recent Loan Closing Specialist salary reports. Employer name has been removed to protect anonymity.
$55,018
Yearly
A Loan Closing Specialist in Silver Spring, MD reported making $55,018 per year
Silver Spring, MD
100 - 200 employees
Full-Time
Company - Private
$5,167
Monthly
A Loan Closing Specialist in Marrero, LA reported making $5,167 per month
Marrero, LA
1,000 - 3,000 employees
Full-Time
Company - Public
$51,828
Yearly
A Loan Closing Specialist in Oklahoma City, OK reported making $51,828 per year
Oklahoma City, OK
200 - 6 employees
Full-Time
Company - Private
$26
Hourly
A Loan Closing Specialist in Moline, IL reported making $26 per hour
Moline, IL
7,6 - 15,000 employees
Part-Time
Company - Public
$45,552
Yearly
A Loan Closing Specialist in South Bend, IN reported making $45,552 per year
South Bend, IN
6 - 1,000 employees
Full-Time
Company - Private
$32
Hourly
A Loan Closing Specialist in Layton, UT reported making $32 per hour
Layton, UT
3,000 - 7,6 employees
Part-Time
Company - Public
