As of April 01, 2025, the average annual salary for a Mortgage Closer, Sr. in the United States is $56,147. According to Salary.com, salaries can range from a low of $44,211 to a high of $65,011, with most professionals earning between $49,899 and $60,787.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $60,787 | $5,066 | $1,169 | $29 |
| Average | $56,147 | $4,679 | $1,080 | $27 |
| 25th Percentile | $49,899 | $4,158 | $960 | $24 |
An entry-level Mortgage Closer, Sr. with less than 1 year of experience earns about $54,095. With 1-2 years of experience, the average salary increases to $54,282. For 2-4 years of experience, the pay typically rises to $56,493. Senior-level professionals with 5-8 years of experience earn around $58,432, and those with over 8 years of experience can expect an average of $58,571.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Closer, Sr. | $54,095 |
| Intermediate Level Mortgage Closer, Sr. | $54,282 |
| Senior Level Mortgage Closer, Sr. | $56,493 |
| Specialist Level Mortgage Closer, Sr. | $58,432 |
| Expert Level Mortgage Closer, Sr. | $58,571 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 4% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Mortgage Closer, Sr. compensation over the past six years. For example, the median salary increased from $53,699 in 2023 to approximately $53,653 in 2024. (For a detailed analysis of Mortgage Closer, Sr. salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Mortgage Closer, Sr. information for you to search for. Click on search button below to see Mortgage Closer, Sr. job openings or enter a new job title here.
Here are companies hiring for Mortgage Closer, Sr. and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $56,147 | 70.6% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $4,295 | 5.4% | ||
| 401K/403B | $2,639 | 3.3% | ||
| Disability | $449 | 0.6% | ||
| Healthcare | $6,056 | 7.6% | ||
| Pension | $3,088 | 3.9% | ||
| Time Off | $6,910 | 8.7% | ||
| Total Compensation | $79,585 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.2% |
| High School | 46.3% |
| Associates | 20.1% |
| Bachelors | 30.7% |
| Masters | 1.6% |
What Am I Worth?
The average annual salary of Mortgage Closer, Sr. is $56,147. In case you are finding an easy salary calculator, the average hourly pay of Mortgage Closer, Sr. is $27; the average weekly pay of Mortgage Closer, Sr. is $1,080; the average monthly pay of Mortgage Closer, Sr. is $4,679.
A Mortgage Closer, Sr.'s earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Mortgage Closer, Sr. earns the most in San Jose, CA, where the annual salary of a Mortgage Closer, Sr. is $70,818.
The highest pay for Mortgage Closer, Sr. is $65,011.
The lowest pay for Mortgage Closer, Sr. is $44,211.
Reviews all submitted material and prepares closing documents for mortgage loans. Maintains loan files and verifies information is correct, accurate, and complete. Gathers missing information as needed and acquires necessary signatures. Performs final closing calculations and coordinates the closing of loans and disbursement of loan funds. 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. Works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
Financial Services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
