How Much Does a Loan Closing Specialist Make in Newport News, VA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Closing Specialist in Newport News, VA is $54,130. While Salary.com is seeing that Loan Closing Specialist salary in Newport News, VA can go up to $66,663 or down to $40,824, but most earn between $47,165 and $60,690. 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
Commercial Loan Closing Specialist
$104,060
Newport News, VA
Per Year
Mortgage Loan Closing Specialist I
$45,910
Newport News, VA
Per Year
Mortgage Loan Closing Specialist II
$52,790
Newport News, VA
Per Year
Loan Closing Manager
$75,500
Newport News, VA
Per Year
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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 BANK
Commercial Loan Closing Specialist
$87,030/yr
$78,144
$95,915
RANGE: $78,144 - $95,915
John Marshall Bank
Post-Closing Loan Documentation Specialist II
$64,879/yr
$58,347
$71,411
RANGE: $58,347 - $71,411
Lensa
Closing Specialist
$104,732/yr
$94,520
$114,944
RANGE: $94,520 - $114,944
NVR Inc
Closing Specialist
$114,176/yr
$103,040
$125,313
RANGE: $103,040 - $125,313
Alabama Farm Credit FLCA
Loan Documentation Specialist (Closing)
$54,355/yr
$48,692
$60,018
RANGE: $48,692 - $60,018
Centra Credit Union
Mortgage Loan Closing Specialist
$58,774/yr
$52,955
$64,593
RANGE: $52,955 - $64,593
Farm Credit Northwest Florida
Loan Processing & Closing Specialist
$51,880/yr
$46,719
$57,041
RANGE: $46,719 - $57,041
TEKsystems
Home Loan Specialist (Closing)
$55,072/yr
$49,528
$60,616
RANGE: $49,528 - $60,616
Farm Credit of Northwest Florida
Loan Processing & Closing Specialist
$49,153/yr
$44,264
$54,042
RANGE: $44,264 - $54,042
HomeTrust Bank Job Board
Commercial Loan Closing Specialist
$88,443/yr
$79,792
$97,095
RANGE: $79,792 - $97,095

Open Loan Closing Specialist Jobs in Newport News, VA

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What Does a Loan Closing Specialist Do?

But lenders will collect prepaid interest on the loan between your closing date and the end of the month you close.
Updated October 28, 2021
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

Frequently Asked Questions About a Loan Closing Specialist Salaries

What is the average of a Loan Closing Specialist in Newport News, VA?

The Loan Closing Specialist salary range is from $47,165 to $60,690, and the average Loan Closing Specialist salary is $54,130/year in Newport News, VA. 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 $72,625 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.