How much does a Mortgage Closer, Sr. make in Philadelphia, PA? The average Mortgage Closer, Sr. salary in Philadelphia, PA is $60,844 as of April 24, 2024, but the range typically falls between $53,379 and $69,318. 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. 

Mortgage Closer, Sr. Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Closer, Sr. Salary $46,583 Philadelphia,PA April 24, 2024
25th Percentile Mortgage Closer, Sr. Salary $53,379 Philadelphia,PA April 24, 2024
50th Percentile Mortgage Closer, Sr. Salary $60,844 Philadelphia,PA April 24, 2024
75th Percentile Mortgage Closer, Sr. Salary $69,318 Philadelphia,PA April 24, 2024
90th Percentile Mortgage Closer, Sr. Salary $77,034 Philadelphia,PA April 24, 2024
25% $53,379 10% $46,583 90% $77,034 75% $69,318 $60,844 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Closer, Sr. need?

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.

1.

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.

2.

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.

3.

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.

Customer Service 9.66%
Mortgage Lending 1.95%
Financial Services 0.89%
Others 87.5%

Job Description for Mortgage Closer, Sr.

Mortgage Closer, Sr. reviews all submitted material and prepares closing documents for mortgage loans. Maintains loan files and verifies information is correct, accurate, and complete. Being a Mortgage Closer, Sr. gathers missing information as needed and acquires necessary signatures. Performs final closing calculations and coordinates the closing of loans and disbursement of loan funds. Additionally, Mortgage Closer, Sr. 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. The Mortgage Closer, Sr. works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Mortgage Closer, Sr. typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Mortgage Closer, Sr. in Philadelphia, PA
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  • NVR has been helping families build their happily ever after since 1948. As a Top 5 US homebuilder, we're committed to quality and to our customers and we ...
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Career Path for Mortgage Closer, Sr.

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Closer, Sr., the first career path typically progresses to Mortgage Loan Funding Manager.

Additionally, the second career path typically progresses to Mortgage Closing Manager.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Mortgage Closer, Sr. salary varies from city to city. Compared with national average salary of Mortgage Closer, Sr., the highest Mortgage Closer, Sr. salary is in San Francisco, CA, where the Mortgage Closer, Sr. salary is 25.0% above. The lowest Mortgage Closer, Sr. salary is in Miami, FL, where the Mortgage Closer, Sr. salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Mortgage Closer, Sr., base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
53379
69318
60844

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
56138
73604
64018
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Closer, Sr. in Philadelphia, PA. The base salary for Mortgage Closer, Sr. ranges from $53,379 to $69,318 with the average base salary of $60,844. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $56,138 to $73,604 with the average total cash compensation of $64,018.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

53379
69318

 

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About Philadelphia, Pennsylvania    Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most popul....More

Philadelphia, Pennsylvania  area prices were up 1.0% from a year ago    View the Cost of Living in Philadelphia, Pennsylvania

Mortgage Closer, Sr. Salary in popular cities: PittsburghAllentownErie

Skills associated with Mortgage Closer, Sr.: Lending Regulatory Compliance, Document Processing, Lending Operations, Document Review ...More

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