As of July 01, 2026, the average salary for a Mortgage Closer II in Devol, OK is $44,230 per year, which breaks down to an hourly rate of $21.
However, a Mortgage Closer II's salary can vary significantly. Here’s a look at the typical salary range:
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A Mortgage Closer II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Mortgage Closer II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Mortgage Closer II | 1-3 years | $44,230 |
| Mortgage Closer, Sr. | 3-5 years | $50,188 |
| Mortgage Closing Manager | 5+ years | $71,675 |
What Am I Worth?
Mortgage Closer II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $47,180. While startup companies pay approximate $40,037.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $40,037 |
| Growth Stage | 51~500 | $42,314 |
| Established | 501~5000 | $45,603 |
| Enterprise | 5000+ | $47,180 |
For Mortgage Closer II roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Mortgage Closer positions in Business Services typically offer lower base pay, as this sector often view Mortgage Closer II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $53,076 | $26.0 | 20% |
Understanding how a Mortgage Closer II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Promotions are the fastest way to increase your earnings. As a Mortgage Closer II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Mortgage Closer III | $50,188 | 13% |
| Loan Processor III | $51,954 | 17% |
| Commercial Loan Processor III | $46,701 | 6% |
| Mortgage Loan Processor III | $55,500 | 25% |
Ready to take the next step in your career? Browse thousands of current Mortgage Closer II job openings on our job board. Use the search bar below to find your perfect match.
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