Commercial Loan Closer Salary

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How much does a Commercial Loan Closer make? The average Commercial Loan Closer salary is $42,713 as of June 27, 2024, but the salary range typically falls between $38,169 and $47,925. 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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Salary range for a Commercial Loan Closer
$38,169 to $47,925
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Job Openings for Commercial Loan Closer
SBA Loan Closer Processor
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 - 71 days ago
Commercial Loan Originator
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 - 59 days ago
Real Estate Processor/Closer
Realty Title - Memphis , TN
Work closely with lender to prepare loan packages for closing * Work closely with Real Estate ... commercial properties. The company provides closing and escrow services to consumers and real ...
ZipRecruiter - 21 days ago
Real Estate Processor/Closer
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 - 66 days ago
Loan Operations Manager
Servbank - Oswego , IL
... Closers, standardizing loan boarding packages, and establishing robust procedures and quality controls. The ideal candidate should have a thorough understanding of various types of commercial loans ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 3 days ago
Paralegal Closer
Redwood Trust Inc - Lake Oswego , OR
Preferably 2+ years working experience in commercial real estate loan transaction experience * Strong working knowledge of business associations, corporate formation, and loan documents * Escrow and ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 24 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 June 27, 2024. Click on the chart to see the detail salary data for Commercial Loan Closer in each city.

Commercial Loan Closer Salary by City

Click to see the salary for Commercial Loan Closer in these major U.S. cities.
City Name Average Salary
San Francisco, CA $53,391
Washington, DC $47,540
Miami, FL $41,218
Chicago, IL $44,806
Boston, MA $47,881
New York, NY $49,889
Dallas, TX $42,158
If you'd like know Commercial Loan Closer Salary in other cities, then please select a city in

Average Salary Range for Commercial Loan Closer

Average Base Salary

Core compensation

 
 
 
38169
47925
42713

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
39702
50023
44602
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 $38,169 to $47,925 with the average base salary of $42,713. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $39,702 to $50,023 with the average total cash compensation of $44,602.

View Average Salary for Commercial Loan Closer as table

Average Salary Average Salary Range
Base Salary $42,713 $38,169 - $47,925
Bonus $1,888 $1,533 - $2,098
Total Pay $44,602 $39,702 - $50,023
* 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.

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38169
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Comments about Commercial Loan Closer

What's the difference between Loan Closer and Commercial Loan Closer?
According to our latest salary estimation on June 27, 2024. The average salary of Commercial Loan Closer is $42,713, and the average salary of Loan Closer is $50,400. The average salary of Loan Closer is higher than Commercial Loan Closer. ( 2024-06-27 salary.com )
I am a Commercial Loan Closer, which location’s salary is higher, Auburn, AL or Bentonville, AR?
Bentonville, AR typically sees higher pay than Auburn, AL for Commercial Loan Closer. a Commercial Loan Closer Salary in Bentonville, AR is $38,613 as of June 27, 2024; a Commercial Loan Closer Salary in Auburn, AL is $37,673 as of June 27, 2024. ( 2024-06-27 salary.com )

Commercial Loan Closer Frequently Asked Questions

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. ( 2024-06-27 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 ( 2024-06-27 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. ( 2024-06-27 salary.com )

Recently searched related titles: Consumer Loan Processor, Loan Associate, Loan Admin

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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Last Update: June 27, 2024