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How much does a Loan Closer make in Cohasset, MA? The average Loan Closer salary in Cohasset, MA is $55,400 as of April 24, 2024, but the range typically falls between $49,100 and $63,200. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Loan Closer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Closer Salary $43,364 Cohasset,MA April 24, 2024
25th Percentile Loan Closer Salary $49,100 Cohasset,MA April 24, 2024
50th Percentile Loan Closer Salary $55,400 Cohasset,MA April 24, 2024
75th Percentile Loan Closer Salary $63,200 Cohasset,MA April 24, 2024
90th Percentile Loan Closer Salary $70,301 Cohasset,MA April 24, 2024
25% $49,100 10% $43,364 90% $70,301 75% $63,200 $55,400 50%(Median) Didn’t find job title? Click
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Job Description

The Loan Closer maintains loan files and verifies information is correct, accurate, and complete. Reviews all submitted material and prepares closing documents for mortgage loans. Being a Loan Closer performs final closing calculations and coordinates the closing of loans and disbursement of loan funds. Gathers missing information as needed and acquires necessary signatures. In addition, Loan Closer ensures all documents are sent to appropriate departments and are in compliance with all regulations. Requires a high school diploma. Typically reports to a supervisor. Being a Loan Closer works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Working as a Loan Closer typically requires 1-3 years of related experience, or may need 0 years of experience with additional specialized training and/or certification. (Copyright 2024 Salary.com)

Employers: Job Description Management Tool

Job Openings for Loan Closer in Cohasset, MA
  • POSITION:RESIDENTIAL LOAN CLOSER. Summary. At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's...
    - 3 Days Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for Mortgage Operations Specialists. MUST KNOW....
    - 11 Months Ago
  • Life Care Center of Sandpoint, ID. We're offering a $8,000 sign-on bonus/student loan repayment for full-time physical therapist. Driving stipend for resid...
    - 6 Days Ago
  • Job Description. A completed application is required for consideration of employment. Full-Time Mortgage Loan Officer. Monday - Friday: 8:00 a.m. 5:00 p.m....
    - 14 Days Ago
  • Job Description. Salary Range: $48,500+ annually. At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is ...
    - 15 Days Ago

Career Path for this job

  1. This Job:

    Loan Closer

    1 - 3 years experience
    High School Diploma or Technical Certificate

  2. Up a level:

    Loan Senior Closer

    3 - 5 years experience
    High School Diploma or Technical Certificate

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Average Base Salary

Core compensation

 
 
 
49100
63200
55400

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
50900
66400
58000
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Closer in Cohasset, MA. The base salary for Loan Closer ranges from $49,100 to $63,200 with the average base salary of $55,400. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,900 to $66,400 with the average total cash compensation of $58,000.
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49100
63200

 

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About Cohasset, Massachusetts    According to the United States Census Bureau, the town has a total area of 31.4 square miles (81.4 km2), of which 9.8 square miles (25.4 km2) are land....More

Cohasset, Massachusetts  area prices were up 2.5% from a year ago    View the Cost of Living in Cohasset, Massachusetts

Loan Closer Salary in popular cities: BostonWorcesterSpringfield

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