Commercial Loan Closer Salary in Rochester, NY

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How much does a Commercial Loan Closer make in Rochester, NY? The average Commercial Loan Closer salary in Rochester, NY is $41,732 as of March 26, 2024, but the salary range typically falls between $37,292 and $46,820. 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

$37,292 to $46,820

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Commercial Loan Closer

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Job Openings for Commercial Loan Closer in Rochester, NY

Loan Closer

Financial Staffing LLC - Houston , TX

Loan Closer - West Houston Department(s) and/or Operations responsibility scope of this position ... Preparation of consumer and commercial loan files Review closing documents prepared by attorneys

LinkedIn - 12 days ago

Express Loan Closer

Celtic Bank - Salt Lake City , UT

As a Loan Closer at Celtic Bank, you'll be exposed to the inner workings of SBA lending and gain ... Manage the commercial small loan closing process to ensure that all closing requirements are met ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 26 days ago

Commercial Loan Closer

SLATT CAPITAL - Burlingame , CA

This position entails working with our internal team of analysts, producers, and external stakeholders to close commercial real estate loans. Slatt Capital is a long-standing, privately held, and ...

ZipRecruiter - 43 days ago

Commercial Loan Documentation Specialist [Full-Time]

BankFinancial - Willowbrook , IL

Summary: Works with Commercial Bankers to prepare loan documents for any new, modification or ... Also be a peer reviewer of documentation prepared by another closer or outside counsel. * Prepares ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 32 days ago

Teller / Branch Teller

Assemblies Of God Credit Union - Springfield , MO

... commercial and church services, products and loans, as well as insurance and merchant card ... Opener: 7:15a to 3:45p Closer: 9:15a to 5:45p. COULD BE REQUIRED TO WORK EITHER on occasion to fill ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 4 days ago

Sales Openers / Prospecting**

IFS Capital - Denver , CO

Collaborate with seasoned closers in a supportive team environment. Join us in this exciting ... loans, equipment financing, business lines of credit, commercial real estate financing, MCA ...

ZipRecruiter - 58 days ago

What does a Commercial Loan Closer do?

Common responsibilities of a Commercial Loan Closer

Prepare lender reallocation spreadsheets as deals are amended, including reallocation of loan outstandings among the bank group, advise bank group of new pro-rata percentages and shares, net to/from funding amounts, and distribute to lenders in coordination with deal refinancing or amendment.

April 28, 2023

Reviews commercial loans, including government sponsored programs, according to investor guidelines, Credit Union policies, procedures, and state and federal regulations.

March 09, 2023

Order, obtain, and analyze all pertinent applicant/borrower, property/collateral, and documentation information and verifications related to the processing of complex commercial loan transactions.

March 22, 2023

Participate in Kick-off call with both Internal team members and Borrower to gain understanding of transaction at onset of process.

April 05, 2023

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Commercial Loan Closer Salary By Experience Levels in Rochester, NY

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Commercial Loan Closer Salary By Level of Education in Rochester, NY

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Commercial Loan Closer in Rochester, NY

Average Base Salary

Core compensation

37292

46820

41732

Average Total Cash Compensation

Includes base and annual incentives

38792

48874

43577

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 Rochester, NY. The base salary for Commercial Loan Closer ranges from $37,292 to $46,820 with the average base salary of $41,732. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $38,792 to $48,874 with the average total cash compensation of $43,577.

View Average Salary for Commercial Loan Closer as table

	Average Salary	Average Salary Range
Base Salary	$41,732	$37,292 - $46,820
Bonus	$1,845	$1,500 - $2,054
Total Pay	$43,577	$38,792 - $48,874

* 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.

Commercial Loan Closer Salary Near Rochester, NY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Rochester, NY
CITY, STATE Henrietta, NY	AVERAGE SALARY RANGE $37,359 - $46,905	COMPARE TO Rochester, NY
CITY, STATE Buffalo, NY	AVERAGE SALARY RANGE $37,001 - $46,454	COMPARE TO Rochester, NY
CITY, STATE Niagara Falls, NY	AVERAGE SALARY RANGE $36,925 - $46,359	COMPARE TO Rochester, NY
CITY, STATE Clay, NY	AVERAGE SALARY RANGE $37,691 - $47,321	COMPARE TO Rochester, NY
CITY, STATE Syracuse, NY	AVERAGE SALARY RANGE $37,691 - $47,321	COMPARE TO Rochester, NY
CITY, STATE Jamestown, NY	AVERAGE SALARY RANGE $35,893 - $45,064	COMPARE TO Rochester, NY

See salaries for Commercial Loan Closer in locations close to Rochester, NY. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Rochester, New York

Rochester is at 43°9′56″N 77°36′41″W / 43.16556°N 77.61139°W / 43.16556; -77.61139 (43.165496, −77.611504). The city is about 73 miles (120 km) east-northeast of Buffalo and about 87 miles (140 km) west of Syracuse and Albany, the state capital is 226 miles (360 km) to the east ; it sits on Lake Ontario's southern shore. The Genesee River bisects the city. Toronto, Canada is northwest 168 miles (270 km) and New York City is about 350 miles (560 km) to the southeast. According to the United States Census Bureau, the city has a total area of 37.1 square miles (96 km2), of which 35.8 square m...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Loan Closer	LOCATION Rochester, NY	MINIMUM SALARY $43,700	MAXIMUM SALARY $56,200
JOB TITLE Loan Senior Closer	LOCATION Rochester, NY	MINIMUM SALARY $49,700	MAXIMUM SALARY $64,500
JOB TITLE Sba Loan Closer	LOCATION Rochester, NY	MINIMUM SALARY $44,610	MAXIMUM SALARY $57,762
JOB TITLE Mortgage Closer	LOCATION Rochester, NY	MINIMUM SALARY $43,635	MAXIMUM SALARY $56,139
JOB TITLE Mortgage Closer, Sr.	LOCATION Rochester, NY	MINIMUM SALARY $49,617	MAXIMUM SALARY $64,433
JOB TITLE Commercial Loan Officer V	LOCATION Rochester, NY	MINIMUM SALARY $135,147	MAXIMUM SALARY $188,590

The Commercial Loan Closer job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Rochester, NY that might be a good fit for the type of job and salary you are looking for.

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37292

46820

About Rochester, New York Rochester is at 43°9′56″N 77°36′41″W / 43.16556°N 77.61139°W / 43.16556; -77.61139 (43.165496, −77.611504). The city is about 73 miles (120 km) eas....More

Rochester, New York area prices were up 1.5% from a year ago

Commercial Loan Closer Salary in popular cities: New York, Buffalo, Yonkers

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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