Home > Salary > Lebanon > 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: 137,610,991 LBP
Estimated Monthly Salary: 11,467,583 LBP
Estimated Weekly Salary: 2,646,365 LBP per week
Estimated Hourly Salary: 66,159 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,093,475 LBP
Estimated Weekly Salary: 2,560,033 LBP per week
Estimated Hourly Salary: 64,001 LBP per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 8,420 USD
Estimated Monthly Salary: 702 USD
Estimated Weekly Salary: 162 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 137,610,991 LBP
Estimated Monthly Salary: 11,467,583 LBP
Estimated Weekly Salary: 2,646,365 LBP per week
Estimated Hourly Salary: 66,159 LBP per hour
By working as Loan Closer a person can save up to 370 USD per month or 4,436 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 Lebanon, see costs of living in Lebanon.
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 Lebanon
Average Yearly Salary of Loan Closer in Lebanon is approximately 137,610,991 LBP (8,420 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: 137,610,991 LBP
Estimated Monthly Salary: 11,467,583 LBP
Estimated Weekly Salary: 2,646,365 LBP per week
Estimated Hourly Salary: 66,159 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 133,121,700 LBPEstimated Monthly Salary: 11,093,475 LBP
Estimated Weekly Salary: 2,560,033 LBP per week
Estimated Hourly Salary: 64,001 LBP 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: 8,420 USD
Estimated Monthly Salary: 702 USD
Estimated Weekly Salary: 162 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Lebanon is a small country located in the Middle East on the eastern shore of the Mediterranean Sea. It has a diverse population of approximately 6 million people. The country covers an area of around 10,452 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Loan Closer job salary compared to average salary in Lebanon.
Comparison shows that a person working as Loan Closer in Lebanon earns on average:
1.11 times the average salary (or 111% of average salary).
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Loan Closer job salary compared to average salary in Lebanon.
Comparison shows that a person working as Loan Closer in Lebanon earns on average:
1.11 times the average salary (or 111% 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 151,372,090 LBP and 199,535,937 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Closer in Lebanon?
Living in Lebanon the approximate monthly expenses are: 332 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: 137,610,991 LBP
Estimated Monthly Salary: 11,467,583 LBP
Estimated Weekly Salary: 2,646,365 LBP per week
Estimated Hourly Salary: 66,159 LBP per hour
By working as Loan Closer a person can save up to 370 USD per month or 4,436 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 Lebanon, see costs of living in Lebanon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Syria, Israel, Cyprus, Jordan. 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
Syria is 3,714 USD
Israel is 55,284 USD
Jordan is 9,629 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 Lebanon
(1,417,299,855 LBP per year, pre-tax.)
2. Cardiologist
(1,175,197,006 LBP per year, pre-tax.)
(1,136,102,693 LBP per year, pre-tax.)
4. Neurosurgeon
(1,108,071,776 LBP per year, pre-tax.)
(1,103,346,164 LBP per year, pre-tax.)
6. Urologist
(1,079,234,675 LBP per year, pre-tax.)
(1,078,809,332 LBP per year, pre-tax.)
(1,078,388,733 LBP per year, pre-tax.)
(1,074,144,669 LBP per year, pre-tax.)
(1,072,787,021 LBP per year, pre-tax.)
Data as of 2025Random salary:
Ronald mcdonald house manager (36,302,706 LBP per year, pre-tax.)
It compliance analyst (152,911,398 LBP per year, pre-tax.)
Karate teacher (102,056,700 LBP per year, pre-tax.)
Disaster recovery specialist (163,912,218 LBP per year, pre-tax.)
Pilates studio manager (125,731,500 LBP per year, pre-tax.)
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