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Mortgage Closer II Salary in Yoder, IN

How much does a Mortgage Closer II make in Yoder, IN?

As of May 01, 2026, the average salary for a Mortgage Closer II in Yoder, IN is $47,068 per year, which breaks down to an hourly rate of $23.

However, a Mortgage Closer II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $56,229
  • Majority Range (25th-75th percentile): $43,047 to $51,863
  • Entry-Level (10th percentile): $39,386
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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $43,047 10% $39,386 90% $56,229 75% $51,863 $47,068 50%(Median) Didn’t find job title? Click

Mortgage Closer II Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $51,863 $4,322 $997 $25
Average $47,068 $3,922 $905 $23
25th Percentile $43,047 $3,587 $828 $21
Check out Mortgage Closer II Job Openings in Yoder, IN
Mortgage Loan Closer

Hoosier Hills Credit Union - Heltonville, IN

Mortgage Closer

Old National Bancorp - Evansville, IN

Customer Service Representative II

Strongbridge LLC - Indianapolis, IN

Specialist II Consumer&amp Mortgage Servicing

1st Source Bank - South Bend, IN

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Key Factors That Influence Mortgage Closer II Salaries

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.

How Experience Level Affects Mortgage Closer Salaries?

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:

  • Mortgage Closer II (1-3 years): $47,068
  • Mortgage Closer, Sr. (3-5 years): $53,401
  • Mortgage Closing Manager (5+ years): $76,270
Job Role Years of Experience Average Salary
Mortgage Closer II1-3 years$47,068
Mortgage Closer, Sr.3-5 years$53,401
Mortgage Closing Manager5+ years$76,270
$47,068 Mortgage ...
$53,401 Mortgage ...
$76,270 Mortgage ...
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What Am I Worth?

Top Paying Cities for Mortgage Closer IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $63,646
  • San Francisco: $62,950
  • Oakland: $61,623

Mortgage Closer II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on May 01, 2026
$43,047
Average $47,068/year
$51,863
$3,587
Average $3,922/month
$4,322
$828
Average $905/week
$997
$21
Average $23/hour
$25
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $51,863 $4,322 $997 $25
Average $47,068 $3,922 $905 $23
25th Percentile $43,047 $3,587 $828 $21

Mortgage Closer II Salary Growth & Career Path

Mortgage Closer II
Mortgage Closer III
Loan Processor III
Commercial Loan Processor III
Mortgage Loan Processor III
Mortgage Closing Manager
Loan Processing Assistant Manager

Promotions 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.

Mortgage Closer II Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Mortgage Closer III $53,401 13%
Loan Processor III $55,276 17%
Commercial Loan Processor III $49,697 6%
Mortgage Loan Processor III $65,937 40%

Salaries of jobs related to Mortgage Closer II

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Cost of Living In Yoder, IN

Cost of Living in Yoder, IN is
-4.4% Lower
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

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