Best cities for a loan closer
The best cities for loan closers are Lexington, KY, Scottsdale, AZ, and Gilbert, AZ, based on factors like average salary and job availability per capita. Jobs and pay for loan closers vary across the country, but we've determined the ten best cities for loan closers in the U.S.
Whether you're starting your career as a loan closer or considering a move, this list of the best cities for loan closers to live in will help you decide. These aren't just the best-paying cities for loan closers. We also consider how easy it is to find work as a loan closer. While the absolute best city for loan closers is Lexington, KY, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for loan closers in 2024.
If you're looking for a loan closer job, here are five companies hiring now:
10 best cities for loan closers in 2025
1. Lexington, KY
Total loan closer jobs: 2 Average annual salary: $44,468 Lowest 10 percent warn: $33,000 Highest 10 percent earn: $58,000 Location quotient: 10.19 2. Scottsdale, AZ
Total loan closer jobs: 6 Average annual salary: $44,886 Lowest 10 percent warn: $33,000 Highest 10 percent earn: $60,000 Location quotient: 18.30 3. Gilbert, AZ
Total loan closer jobs: 2 Average annual salary: $44,801 Lowest 10 percent warn: $33,000 Highest 10 percent earn: $60,000 Location quotient: 26.23 4. Charlotte, NC
Total loan closer jobs: 14 Average annual salary: $49,410 Lowest 10 percent warn: $37,000 Highest 10 percent earn: $65,000 Location quotient: 7.49 5. Tucson, AZ
Total loan closer jobs: 3 Average annual salary: $44,378 Lowest 10 percent warn: $33,000 Highest 10 percent earn: $59,000 Location quotient: 8.41 6. Nashville, TN
Total loan closer jobs: 5 Average annual salary: $41,531 Lowest 10 percent warn: $31,000 Highest 10 percent earn: $54,000 Location quotient: 6.05 7. Madison, WI
Total loan closer jobs: 7 Average annual salary: $40,938 Lowest 10 percent warn: $31,000 Highest 10 percent earn: $53,000 Location quotient: 12.23 8. Oklahoma City, OK
Total loan closer jobs: 4 Average annual salary: $41,081 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $54,000 Location quotient: 6.20 9. Greensboro, NC
Total loan closer jobs: 1 Average annual salary: $49,686 Lowest 10 percent warn: $37,000 Highest 10 percent earn: $65,000 Location quotient: 4.16 10. Phoenix, AZ
Total loan closer jobs: 8 Average annual salary: $44,925 Lowest 10 percent warn: $33,000 Highest 10 percent earn: $60,000 Location quotient: 4.07
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Best cities for loan closers
- Lexington, KY
- Scottsdale, AZ
- Gilbert, AZ
- Charlotte, NC
- Tucson, AZ
- Nashville, TN
- Madison, WI
- Oklahoma City, OK
- Greensboro, NC
- Phoenix, AZ
- (2 loan closer jobs)
- (6 loan closer jobs)
- (2 loan closer jobs)
- (14 loan closer jobs)
- (3 loan closer jobs)
- (5 loan closer jobs)
- (7 loan closer jobs)
- (4 loan closer jobs)
- (1 loan closer jobs)
- (8 loan closer jobs)
Detailed list of the best cities for a loan closer
| Rank | City | Average salary | Lowest 10% Earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | Lexington, KY | $44,468 | $33,000 | 318,449 | 2 |
| 2 | Scottsdale, AZ | $44,886 | $33,000 | 246,645 | 6 |
| 3 | Gilbert, AZ | $44,801 | $33,000 | 237,133 | 2 |
| 4 | Charlotte, NC | $49,410 | $37,000 | 842,051 | 14 |
| 5 | Tucson, AZ | $44,378 | $33,000 | 530,706 | 3 |
| 6 | Nashville, TN | $41,531 | $31,000 | 660,388 | 5 |
| 7 | Madison, WI | $40,938 | $31,000 | 252,551 | 7 |
| 8 | Oklahoma City, OK | $41,081 | $30,000 | 638,367 | 4 |
| 9 | Greensboro, NC | $49,686 | $37,000 | 287,027 | 1 |
| 10 | Phoenix, AZ | $44,925 | $33,000 | 1,615,017 | 8 |
| 11 | Raleigh, NC | $49,813 | $37,000 | 458,880 | 3 |
| 12 | Saint Paul, MN | $42,291 | $32,000 | 302,398 | 10 |
| 13 | Oakland, CA | $49,943 | $35,000 | 420,005 | 2 |
| 14 | Minneapolis, MN | $42,282 | $32,000 | 413,651 | 18 |
| 15 | Fort Worth, TX | $40,547 | $29,000 | 854,113 | 4 |
| 16 | Indianapolis, IN | $39,006 | $29,000 | 855,164 | 7 |
| 17 | Sacramento, CA | $49,580 | $35,000 | 495,234 | 6 |
| 18 | Louisville, KY | $44,307 | $33,000 | 597,337 | - |
| 19 | Durham, NC | $49,814 | $37,000 | 263,016 | - |
| 20 | Denver, CO | $44,694 | $33,000 | 693,060 | 27 |
| 21 | Winston-Salem, NC | $49,624 | $37,000 | 242,203 | - |
| 22 | Glendale, AZ | $44,943 | $33,000 | 245,895 | - |
| 23 | Chandler, AZ | $44,823 | $33,000 | 247,477 | - |
| 24 | Houston, TX | $40,583 | $29,000 | 2,303,482 | 18 |
| 25 | Mesa, AZ | $44,810 | $33,000 | 484,587 | - |
| 26 | Memphis, TN | $41,774 | $31,000 | 652,717 | - |
| 27 | Seattle, WA | $55,623 | $42,000 | 704,352 | 3 |
| 28 | Austin, TX | $40,965 | $30,000 | 947,890 | 8 |
| 29 | San Antonio, TX | $41,045 | $30,000 | 1,492,510 | 3 |
| 30 | Fresno, CA | $49,475 | $35,000 | 522,053 | 1 |
| 31 | Wichita, KS | $43,532 | $32,000 | 389,902 | - |
| 32 | Dallas, TX | $40,436 | $29,000 | 1,317,929 | 9 |
| 33 | Tulsa, OK | $40,592 | $30,000 | 403,090 | - |
| 34 | Fort Wayne, IN | $39,642 | $29,000 | 264,488 | - |
| 35 | Milwaukee, WI | $41,197 | $31,000 | 595,047 | - |
| 36 | Boston, MA | $44,723 | $35,000 | 673,184 | 9 |
| 37 | El Paso, TX | $42,359 | $31,000 | 683,080 | - |
| 38 | Lubbock, TX | $41,260 | $30,000 | 252,506 | - |
| 39 | Jersey City, NJ | $47,556 | $36,000 | 264,152 | 2 |
| 40 | New Orleans, LA | $40,931 | $30,000 | 391,495 | - |
| 41 | Laredo, TX | $41,145 | $30,000 | 257,156 | - |
| 42 | Santa Ana, CA | $48,351 | $35,000 | 334,217 | 1 |
| 43 | San Jose, CA | $49,912 | $35,000 | 1,025,350 | 4 |
| 44 | Colorado Springs, CO | $44,905 | $33,000 | 465,101 | 2 |
| 45 | Detroit, MI | $39,092 | $29,000 | 672,795 | - |
| 46 | Pittsburgh, PA | $37,371 | $28,000 | 303,625 | 21 |
| 47 | Los Angeles, CA | $48,553 | $35,000 | 3,976,322 | 15 |
| 48 | Corpus Christi, TX | $40,800 | $30,000 | 325,733 | - |
| 49 | Newark, NJ | $47,555 | $36,000 | 281,764 | - |
| 50 | Fremont, CA | $49,914 | $35,000 | 233,136 | - |
Highest paying cities for loan closers
| Rank | City | Avg. loan closer salary |
|---|---|---|
| 1 | Bellevue, WA | $55,585 |
| 2 | San Jose, CA | $49,912 |
| 3 | Charlotte, NC | $49,410 |
| 4 | Jersey City, NJ | $47,556 |
| 5 | New York, NY | $46,008 |
| 6 | Phoenix, AZ | $44,925 |
| 7 | Englewood, CO | $44,756 |
| 8 | Boston, MA | $44,723 |
| 9 | Overland Park, KS | $43,142 |
| 10 | Portland, OR | $43,041 |
| 11 | Saint Paul, MN | $42,291 |
| 12 | Bridgeport, CT | $41,720 |
| 13 | San Antonio, TX | $41,045 |
| 14 | Madison, WI | $40,938 |
| 15 | Chicago, IL | $40,826 |
| 16 | Richmond, VA | $40,818 |
| 17 | Madison, AL | $40,368 |
| 18 | Atlanta, GA | $40,059 |
| 19 | Troy, MI | $39,076 |
| 20 | Indianapolis, IN | $39,006 |
Loan closer best cities FAQs
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Updated January 8, 2025