As of April 01, 2025, the average annual salary for a Mortgage Closer in Rochester, MN is $48,953. According to Salary.com, salaries can range from a low of $40,367 to a high of $60,370, with most professionals earning between $44,459 and $54,929.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $54,929 | $4,577 | $1,056 | $26 |
| Average | $48,953 | $4,079 | $941 | $24 |
| 25th Percentile | $44,459 | $3,705 | $855 | $21 |
An entry-level Mortgage Closer with under 1 year experience makes about $47,477. With less than 2 years of experience, a mid-level Mortgage Closer makes around $48,282. After 2-4 years, the Mortgage Closer pay rises to about $50,469. Those senior Mortgage Closer with 5-8 years of experience earn roughly $51,896, and those Mortgage Closer having 8 years or more experience are expected to earn about $52,075 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Closer | $47,477 |
| Intermediate Level Mortgage Closer | $48,282 |
| Senior Level Mortgage Closer | $50,469 |
| Specialist Level Mortgage Closer | $51,896 |
| Expert Level Mortgage Closer | $52,075 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 6% |
| Experienced | 7% |
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