Commercial Loan Closer Salary in Scranton, PA

How much does a Commercial Loan Closer make in Scranton, PA?

As of April 01, 2025, the average annual salary for a Commercial Loan Closer in Scranton, PA is $42,002. According to Salary.com, salaries can range from a low of $33,363 to a high of $51,326, with most professionals earning between $37,480 and $46,883.

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Salary range for a Commercial Loan Closer

$37,480 to $46,883

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Commercial Loan Closer

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Job Openings for Commercial Loan Closer in Scranton, PA

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 Scranton, PA

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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 Scranton, PA

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Average Salary Range for Commercial Loan Closer in Scranton, PA

Average Base Salary

Core compensation

37480

46883

42002

Average Total Cash Compensation

Includes base and annual incentives

39296

49227

44095

What is the average salary for Commercial Loan Closer in 2025?

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 Scranton, PA. The base salary for Commercial Loan Closer ranges from $37,480 to $46,883 with the average base salary of $42,002. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $39,296 to $49,227 with the average total cash compensation of $44,095.

View Average Salary for Commercial Loan Closer as table

	Average Salary	Average Salary Range
Base Salary	$42,002	$37,480 - $46,883
Bonus	$2,093	$1,816 - $2,344
Total Pay	$44,095	$39,296 - $49,227

* 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 Scranton, PA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Scranton, PA
CITY, STATE Stroudsburg, PA	AVERAGE SALARY RANGE $39,670 - $49,622	COMPARE TO Scranton, PA
CITY, STATE Binghamton, NY	AVERAGE SALARY RANGE $37,889 - $47,394	COMPARE TO Scranton, PA
CITY, STATE Easton, PA	AVERAGE SALARY RANGE $39,241 - $49,086	COMPARE TO Scranton, PA
CITY, STATE Bethlehem, PA	AVERAGE SALARY RANGE $39,304 - $49,164	COMPARE TO Scranton, PA
CITY, STATE Allentown, PA	AVERAGE SALARY RANGE $39,304 - $49,164	COMPARE TO Scranton, PA
CITY, STATE Williamsport, PA	AVERAGE SALARY RANGE $37,728 - $47,192	COMPARE TO Scranton, PA

See salaries for Commercial Loan Closer in locations close to Scranton, PA. 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 Scranton, Pennsylvania

Scranton is the sixth-largest city in the Commonwealth of Pennsylvania. It is the county seat and largest city of Lackawanna County in Northeastern Pennsylvania's Wyoming Valley and hosts a federal court building for the United States District Court for the Middle District of Pennsylvania. With a population of 77,291, it is the largest city in the Scranton–Wilkes-Barre–Hazleton, PA Metropolitan Statistical Area, which has a population of about 570,000. The city is conventionally divided into 7 districts: North Scranton, Southside, Westside, East Scranton (Hill Section), Central City, Minooka, ...

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

View Salary for Similar Jobs to Commercial Loan Closer in Scranton, PA

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Loan Closer	LOCATION Scranton, PA	MINIMUM SALARY $42,300	MAXIMUM SALARY $52,300
JOB TITLE Loan Senior Closer	LOCATION Scranton, PA	MINIMUM SALARY $47,600	MAXIMUM SALARY $58,000
JOB TITLE Sba Loan Closer	LOCATION Scranton, PA	MINIMUM SALARY $45,063	MAXIMUM SALARY $54,167
JOB TITLE Mortgage Closer	LOCATION Scranton, PA	MINIMUM SALARY $42,281	MAXIMUM SALARY $52,239
JOB TITLE Commercial Loan Clerk	LOCATION Scranton, PA	MINIMUM SALARY $39,088	MAXIMUM SALARY $46,045
JOB TITLE Mortgage Closer, Sr.	LOCATION Scranton, PA	MINIMUM SALARY $47,574	MAXIMUM SALARY $57,954

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 Scranton, PA that might be a good fit for the type of job and salary you are looking for.

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37480

46883

About Scranton, Pennsylvania Scranton is the sixth-largest city in the Commonwealth of Pennsylvania. It is the county seat and largest city of Lackawanna County in Northeastern Pe....More

Scranton, Pennsylvania area prices were up 1.5% from a year ago

Commercial Loan Closer Salary in popular cities: Philadelphia, Pittsburgh, Allentown

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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