Home > Salary > Denmark > 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: 520,751 DKK
Estimated Monthly Salary: 43,396 DKK
Estimated Weekly Salary: 10,014 DKK per week
Estimated Hourly Salary: 250 DKK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 41,889 DKK
Estimated Weekly Salary: 9,667 DKK per week
Estimated Hourly Salary: 242 DKK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 74,221 USD
Estimated Monthly Salary: 6,185 USD
Estimated Weekly Salary: 1,427 USD per week
Estimated Hourly Salary: 36 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: 520,751 DKK
Estimated Monthly Salary: 43,396 DKK
Estimated Weekly Salary: 10,014 DKK per week
Estimated Hourly Salary: 250 DKK per hour
By working as Loan Closer a person can save up to 3,257 USD per month or 39,085 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 Denmark, see costs of living in Denmark.
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 Denmark
Average Yearly Salary of Loan Closer in Denmark is approximately 520,751 DKK (74,221 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: 520,751 DKK
Estimated Monthly Salary: 43,396 DKK
Estimated Weekly Salary: 10,014 DKK per week
Estimated Hourly Salary: 250 DKK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 502,663 DKKEstimated Monthly Salary: 41,889 DKK
Estimated Weekly Salary: 9,667 DKK per week
Estimated Hourly Salary: 242 DKK per hour
Last revision of data: 2024-01-03Loan Closer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 74,221 USD
Estimated Monthly Salary: 6,185 USD
Estimated Weekly Salary: 1,427 USD per week
Estimated Hourly Salary: 36 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
Denmark is a Scandinavian country located in Northern Europe. It has a population of approximately 5.8 million people and covers an area of around 43,094 square kilometers. The country consists of the Jutland Peninsula and numerous islands, including Zealand, Funen, and Bornholm.
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Loan Closer job salary compared to average salary in Denmark.
Comparison shows that a person working as Loan Closer in Denmark earns on average:
1.05 times the average salary (or 105% of average salary).
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Loan Closer job salary compared to average salary in Denmark.
Comparison shows that a person working as Loan Closer in Denmark earns on average:
1.05 times the average salary (or 105% 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 572,826 DKK and 755,089 DKK. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Closer in Denmark?
Living in Denmark the approximate monthly expenses are: 2,928 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: 520,751 DKK
Estimated Monthly Salary: 43,396 DKK
Estimated Weekly Salary: 10,014 DKK per week
Estimated Hourly Salary: 250 DKK per hour
By working as Loan Closer a person can save up to 3,257 USD per month or 39,085 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 Denmark, see costs of living in Denmark.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Sweden, Norway. 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
Germany is 54,305 USD
Sweden is 63,845 USD
Norway is 97,246 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 Denmark
(5,348,299 DKK per year, pre-tax.)
2. Cardiologist
(4,444,802 DKK per year, pre-tax.)
(4,309,239 DKK per year, pre-tax.)
4. Neurosurgeon
(4,154,976 DKK per year, pre-tax.)
(4,151,728 DKK per year, pre-tax.)
(4,079,039 DKK per year, pre-tax.)
(4,074,872 DKK per year, pre-tax.)
8. Oncologist
(4,073,743 DKK per year, pre-tax.)
9. Urologist
(4,068,231 DKK per year, pre-tax.)
10. Dermatologist
(4,060,246 DKK per year, pre-tax.)
Data as of 2025Random salary:
National service manager (776,564 DKK per year, pre-tax.)
Bacteriologist (397,652 DKK per year, pre-tax.)
Interactive media director (832,484 DKK per year, pre-tax.)
Health educator (486,125 DKK per year, pre-tax.)
Banking analyst (537,575 DKK per year, pre-tax.)
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