A person working as a Mortgage Loan Closer in United States of America will on average earn $48752 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $48,752.00 |
| Weekly salary | $937.54 |
| Daily salary | $133.57 |
| Hourly salary | $16.70 |
This means mortgage loan closer salary is below average!
Job Industry: finance and mortgage
Description: A mortgage loan closer is responsible for finalizing the loan process by coordinating all necessary documents and ensuring compliance with lending regulations. They work closely with borrowers, lenders, and title companies to ensure a smooth closing process. The main duties include reviewing loan documents, verifying accuracy, calculating loan amounts, preparing closing statements, and coordinating the signing of all required paperwork. Mortgage loan closers must have a strong attention to detail, excellent organizational skills, and a thorough understanding of mortgage lending procedures. They must also have good communication skills to effectively communicate with all parties involved in the closing process. This occupation requires knowledge of mortgage laws and regulations, as well as proficiency in relevant software and systems.
Tagged with: mortgage loan closer, loan processing, closing process, compliance, documentation, attention to detail