Home > Salary > China > Loan Closer
A loan closer is responsible for finalizing the details of a loan transaction and ensuring all necessary documents are completed accurately and in compliance with regulations. This occupation requires strong attention to detail, organization, and knowledge of loan processing procedures. Loan closers work closely with lenders, borrowers, and other parties involved in the loan process to coordinate and facilitate the closing of loans. They review loan applications, verify information, prepare loan documents, calculate loan amounts, and coordinate the signing of documents. Loan closers must have a thorough understanding of loan products, underwriting guidelines, and legal requirements.
Estimated Yearly Salary: 104,442 CNY
Estimated Monthly Salary: 8,704 CNY
Estimated Weekly Salary: 2,009 CNY per week
Estimated Hourly Salary: 50 CNY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,404 CNY
Estimated Weekly Salary: 1,939 CNY per week
Estimated Hourly Salary: 48 CNY per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 13,047 USD
Estimated Monthly Salary: 1,087 USD
Estimated Weekly Salary: 251 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 104,442 CNY
Estimated Monthly Salary: 8,704 CNY
Estimated Weekly Salary: 2,009 CNY per week
Estimated Hourly Salary: 50 CNY per hour
By working as Loan Closer a person can save up to 573 USD per month or 6,879 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in China, see costs of living in China.
Estimated Yearly Salary for Loan Closer
Last revision of data: 2025-01-04
Data as of 2025
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Loan Closer salary in China
Average Yearly Salary of Loan Closer in China is approximately 104,442 CNY (13,047 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Loan Closer do?
A loan closer is responsible for finalizing the details of a loan transaction and ensuring all necessary documents are completed accurately and in compliance with regulations. This occupation requires strong attention to detail, organization, and knowledge of loan processing procedures. Loan closers work closely with lenders, borrowers, and other parties involved in the loan process to coordinate and facilitate the closing of loans. They review loan applications, verify information, prepare loan documents, calculate loan amounts, and coordinate the signing of documents. Loan closers must have a thorough understanding of loan products, underwriting guidelines, and legal requirements.
Skills: Loan Closer, Loan Processing, Loan Documentation, Mortgage Closing, Compliance, Loan Coordination.
Job industry: Finance
Job industry: Finance
How much does Loan Closer make?
Salary details
How much does Loan Closer make?Estimated Yearly Salary: 104,442 CNY
Estimated Monthly Salary: 8,704 CNY
Estimated Weekly Salary: 2,009 CNY per week
Estimated Hourly Salary: 50 CNY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 100,848 CNYEstimated Monthly Salary: 8,404 CNY
Estimated Weekly Salary: 1,939 CNY per week
Estimated Hourly Salary: 48 CNY per hour
Last revision of data: 2024-01-05Loan Closer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 13,047 USD
Estimated Monthly Salary: 1,087 USD
Estimated Weekly Salary: 251 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
China is a vast country located in East Asia. It has the largest population in the world, with over 1.4 billion people. The country covers an expansive area of approximately 9.6 million square kilometers. China shares borders with 14 countries and has diverse geographical features, including mountains, plateaus, and plains.
Estimated national average yearly salary is 92,134 CNY (12,850 USD). Value indicated is pre-tax. Below graph shows estimated Loan Closer job salary compared to average salary in China.
Comparison shows that a person working as Loan Closer in China earns on average:
1.13 times the average salary (or 113% of average salary).
Estimated national average yearly salary is 92,134 CNY (12,850 USD). Value indicated is pre-tax. Below graph shows estimated Loan Closer job salary compared to average salary in China.
Comparison shows that a person working as Loan Closer in China earns on average:
1.13 times the average salary (or 113% of average salary).
Is Loan Closer a well paid job?
Yes, our data show that Loan Closer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Loan Closer?
High salary for Loan Closer would be somewhere between 114,886 CNY and 151,441 CNY. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Closer in China?
Living in China the approximate monthly expenses are: 514 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 104,442 CNY
Estimated Monthly Salary: 8,704 CNY
Estimated Weekly Salary: 2,009 CNY per week
Estimated Hourly Salary: 50 CNY per hour
By working as Loan Closer a person can save up to 573 USD per month or 6,879 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in China, see costs of living in China.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Russia, Mongolia, Kazakhstan, Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal, Bhutan, Myanmar (Burma), Laos, Vietnam, North Korea. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Closer
Russia is 12,989 USD
Afghanistan is 6,113 USD
Pakistan is 1,602 USD
India is 22,797 USD
Nepal is 7,429 USD
Vietnam is 4,059 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in China
(1,075,420 CNY per year, pre-tax.)
2. Cardiologist
(893,602 CNY per year, pre-tax.)
(861,748 CNY per year, pre-tax.)
4. Neurosurgeon
(835,990 CNY per year, pre-tax.)
(833,048 CNY per year, pre-tax.)
6. Urologist
(818,021 CNY per year, pre-tax.)
(817,649 CNY per year, pre-tax.)
(817,013 CNY per year, pre-tax.)
(813,232 CNY per year, pre-tax.)
10. Oncologist
(812,783 CNY per year, pre-tax.)
Data as of 2025Random salary:
Dj (96,738 CNY per year, pre-tax.)
Dairy clerk (38,338 CNY per year, pre-tax.)
Fea analyst (144,544 CNY per year, pre-tax.)
Replenishment analyst (81,410 CNY per year, pre-tax.)
Collections manager (87,112 CNY per year, pre-tax.)
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Salary details displayed on this website are intended for reference purposes only. Our data is sourced through various inputs and may not necessarily be up to date. Users should cross-reference salary information independently before making employment commitments. The figures listed here may change due to factors such as location, industry standards, and individual skill sets. We cannot warrant that the information provided is flawless. By using this website, you agree that salary information is presented 'as is' and without warranties.
Salary details presented on this website are intended for reference purposes only. Our data comes from multiple sources and may not necessarily be accurate. Users should cross-reference salary information independently before making financial decisions. The figures listed here may fluctuate due to variables such as company policies, experience levels, and demand shifts. We do not guarantee that the data provided is error-free. By accessing this website, you accept that salary information is presented 'as is' and without warranties.