upper level job

How much does a Mortgage Closer III make in Soquel, CA?

As of August 01, 2026, the average salary for a Mortgage Closer III in Soquel, CA is $65,415 per year, which breaks down to an hourly rate of $31.

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

  • Top Earners (90th percentile): $77,368
  • Majority Range (25th-75th percentile): $58,405 to $71,672
  • Entry-Level (10th percentile): $52,024

Key Factors That Influence Mortgage Closer III Salaries

A Mortgage Closer III'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, skills and company size can directly affect your earning potential.

How Experience Level Affects Mortgage Closer III Salaries?

Experience is a primary driver of a Mortgage Closer III'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 (1-3 years): $57,645
  • Mortgage Closer III (3-5 years): $65,415
  • Mortgage Closing Manager (5+ years): $93,418
Job Role Years of Experience Average Salary
Mortgage Closer1-3 years$57,645
Mortgage Closer III3-5 years$65,415
Mortgage Closing Manager5+ years$93,418

Top Paying Cities for Mortgage Closer III

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: $72,238
  • San Francisco: $71,447
  • Oakland: $69,942

What Skills Can Increase a Mortgage Closer III's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 9.91% Job Postings): 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.
  • Accounting (Mentioned in 2.82% Job Postings): Creating financial statements and reports based on the summary of financial and business transactions.
  • Microsoft Word (Mentioned in 0.99% Job Postings): Microsoft Word or MS Word is a popular word-processing program used mainly for creating documents, such as brochures, letters, learning activities, quizzes, tests, and students' homework assignments
Skills Demand Percentage
Customer Service 9.91%
Accounting 2.82%
Microsoft Word 0.99%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Mortgage Closer III's salary.

  • Due Diligence: Can increase your salary by up to 30%.
  • Analytical Skills: Can increase your salary by up to 22%.
  • Financial Services: Can increase your salary by up to 21%.
Skill Salary Salary % Increase
Due Diligence $85,039
30%
Analytical Skills $79,806
22%
Financial Services $79,152
21%

Mortgage Closer III Salary by Company Size: Startups vs. Enterprise

Mortgage Closer III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $69,695. While startup companies pay approximate $59,181.

Mortgage Closer III Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $59,181
Growth Stage 51~500 $62,539
Established 501~5000 $67,364
Enterprise 5000+ $69,695

Mortgage Closer III Salary by Industry: Top Paying Sectors

For Mortgage Closer III 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, Edu., Gov't. & Nonprofit, 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 III as a support function rather than a direct revenue driver.

The top paying industry for a Mortgage Closer III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Edu., Gov't. & Nonprofit$68,728$33.020%

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

Understanding how a Mortgage Closer III'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 August 01, 2026
$58,405
Average $65,415/year
$71,672
$4,867
Average $5,451/month
$5,973
$1,123
Average $1,258/week
$1,378
$28
Average $31/hour
$34
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $71,672 $5,973 $1,378 $34
Average $65,415 $5,451 $1,258 $31
25th Percentile $58,405 $4,867 $1,123 $28

Mortgage Closer III Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Mortgage Closer III, 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 III Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Mortgage Closing Supervisor $79,394 21%
Loan Processing Supervisor $73,184 12%

Find Your Next Mortgage Closer III Job

Ready to take the next step in your career? Browse thousands of current Mortgage Closer III job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

Cost of Living In Soquel, CA

Cost of Living in Soquel, CA is
61.0% Higher
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.

Explore Cost of Living Calculator
Empower Your Team

Salary.com experts will help you thrive your workplaces.

Find Salary.com Comp Consulting
See Salary Trends in 2025

Salary.com provides salary survey data for thousands of industry Jobs.

Price Your Company Jobs and Make Pay Fair

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job