Home > Salary > Israel > 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: 222,098 ILS
Estimated Monthly Salary: 18,508 ILS
Estimated Weekly Salary: 4,271 ILS per week
Estimated Hourly Salary: 107 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,871 ILS
Estimated Weekly Salary: 4,124 ILS per week
Estimated Hourly Salary: 103 ILS per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 55,284 USD
Estimated Monthly Salary: 4,607 USD
Estimated Weekly Salary: 1,063 USD per week
Estimated Hourly Salary: 27 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: 222,098 ILS
Estimated Monthly Salary: 18,508 ILS
Estimated Weekly Salary: 4,271 ILS per week
Estimated Hourly Salary: 107 ILS per hour
By working as Loan Closer a person can save up to 2,421 USD per month or 29,052 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Loan Closer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Director of nurses (289,585 ILS per year, pre-tax.)
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Loan Closer salary in Israel
Average Yearly Salary of Loan Closer in Israel is approximately 222,098 ILS (55,284 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: 222,098 ILS
Estimated Monthly Salary: 18,508 ILS
Estimated Weekly Salary: 4,271 ILS per week
Estimated Hourly Salary: 107 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 214,448 ILSEstimated Monthly Salary: 17,871 ILS
Estimated Weekly Salary: 4,124 ILS per week
Estimated Hourly Salary: 103 ILS 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: 55,284 USD
Estimated Monthly Salary: 4,607 USD
Estimated Weekly Salary: 1,063 USD per week
Estimated Hourly Salary: 27 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
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Loan Closer job salary compared to average salary in Israel.
Comparison shows that a person working as Loan Closer in Israel earns on average:
1.15 times the average salary (or 115% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Loan Closer job salary compared to average salary in Israel.
Comparison shows that a person working as Loan Closer in Israel earns on average:
1.15 times the average salary (or 115% 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 244,308 ILS and 322,042 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Closer in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 222,098 ILS
Estimated Monthly Salary: 18,508 ILS
Estimated Weekly Salary: 4,271 ILS per week
Estimated Hourly Salary: 107 ILS per hour
By working as Loan Closer a person can save up to 2,421 USD per month or 29,052 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. 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
Lebanon is 8,420 USD
Syria is 3,714 USD
Jordan is 9,629 USD
Egypt is 4,168 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 Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Director of nurses (289,585 ILS per year, pre-tax.)
Senior packaging engineer (322,406 ILS per year, pre-tax.)
Tour guide or escort (119,695 ILS per year, pre-tax.)
Technical support manager (242,230 ILS per year, pre-tax.)
Relationship banker (162,378 ILS per year, pre-tax.)
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