How much does a Commercial Loan Closer make? The average Commercial Loan Closer salary is $42,614 as of May 28, 2024, but the salary range typically falls between $38,080 and $47,811. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Job Openings for Commercial Loan Closer
Golden Bank NA - Houston , TX
The Senior Loan Closer is primarily responsible for coordinating, assigning, reviewing and verifying loan documentation and closing needs for diverse and complex consumer, commercial and industrial ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 14 days ago
Valley Bank - Wayne , NJ
We are seeking a detail-oriented and experienced Commercial Banking Syndications Loan Closer to join our team. This role involves managing the closing process of syndicated loans, and ensuring ...
LinkedIn - 3 days ago
Celtic Bank - Salt Lake City , UT
As a closer at Celtic Bank, you'll be exposed to the inner workings of SBA lending and gain the ... Manage the commercial loan closing process to ensure that all closing requirements are met and that ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 36 days ago
COMMLOAN, INC. - Scottsdale , AZ
... and closers, creating a lasting relationship of trust and respect with customers. CommLoan is ... Qualifications 2+ years of experience in commercial loan origination or closing, or a related field ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 24 days ago
Realty Title - Chattanooga , TN
Strong familiarity with real estate contracts, mortgage loan instructions, and title opinions ... commercial properties. The company provides closing and escrow services to consumers and real ...
ZipRecruiter - 31 days ago
One Community Bank - McFarland , WI
This position focuses on overseeing various construction loan types, including residential, mortgage, and commercial loans. Collaborating with loan officers and closers, you will meticulously review ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 10 days ago

Commercial Loan Closer Salary in Major Cities

This chart shows the salary comparison for Commercial Loan Closer between major cities. San Francisco City consistently ranks #1 as of May 28, 2024. Click on the chart to see the detail salary data for Commercial Loan Closer in each city.
Click to see the salary for Commercial Loan Closer in these major U.S. cities.
City Name Average Salary
San Francisco, CA $53,268
Washington, DC $47,430
Miami, FL $41,123
Chicago, IL $44,702
Boston, MA $47,771
New York, NY $49,773
Dallas, TX $42,060
If you'd like know Commercial Loan Closer Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
38080
47811
42614

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
39610
49907
44494
What is the average salary for Commercial Loan Closer in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Closer in the United States. The base salary for Commercial Loan Closer ranges from $38,080 to $47,811 with the average base salary of $42,614. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $39,610 to $49,907 with the average total cash compensation of $44,494.
Average Salary Average Salary Range
Base Salary $42,614 $38,080 - $47,811
Bonus $1,880 $1,530 - $2,097
Total Pay $44,494 $39,610 - $49,907
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Commercial Loan Closer, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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38080
47811

 

What's the difference between Loan Closer and Commercial Loan Closer?
According to our latest salary estimation on May 28, 2024. The average salary of Commercial Loan Closer is $42,614, and the average salary of Loan Closer is $50,300. The average salary of Loan Closer is higher than Commercial Loan Closer. ( 2024-05-29 salary.com )
I am a Commercial Loan Closer, which location’s salary is higher, Mcallen, TX or Jersey City, NJ?
Jersey City, NJ typically sees higher pay than Mcallen, TX for Commercial Loan Closer. a Commercial Loan Closer Salary in Jersey City, NJ is $49,773 as of May 28, 2024; a Commercial Loan Closer Salary in Mcallen, TX is $36,648 as of May 28, 2024. ( 2024-05-29 salary.com )
Why does the salary of a Commercial Loan Closer vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2024-05-29 salary.com )
What are the Pay Factors for Commercial Loan Closer?
Salary ranges for a Commercial Loan Closer can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2024-05-29 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-05-29 salary.com )

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Last Update: May 28, 2024