Loan Closer Salary in the United States
Loan Closer Salary
How much does a Loan Closer make in the United States? The average Loan Closer salary in the United States is $50,000 as of March 26, 2024, but the range typically falls between $44,400 and $57,100. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Loan Closer Salary | $39,301 | US | March 26, 2024 |
| 25th Percentile Loan Closer Salary | $44,400 | US | March 26, 2024 |
| 50th Percentile Loan Closer Salary | $50,000 | US | March 26, 2024 |
| 75th Percentile Loan Closer Salary | $57,100 | US | March 26, 2024 |
| 90th Percentile Loan Closer Salary | $63,564 | US | March 26, 2024 |
CrossCountry Mortgage, LLC. - Cleveland, OH
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Job Description
The Loan Closer maintains loan files and verifies information is correct, accurate, and complete. Reviews all submitted material and prepares closing documents for mortgage loans. Being a Loan Closer performs final closing calculations and coordinates the closing of loans and disbursement of loan funds. Gathers missing information as needed and acquires necessary signatures. In addition, Loan Closer 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. Being a Loan Closer works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Working as a Loan Closer typically requires 1-3 years of related experience, or may need 0 years of experience with additional specialized training and/or certification. (Copyright 2024 Salary.com)
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Career Path for this job
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This Job:
Loan Closer
1 - 3 years experience
High School Diploma or Technical Certificate -
Up a level:
Loan Senior Closer
3 - 5 years experience
High School Diploma or Technical Certificate
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Similar Jobs
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Mortgage Closer, Sr. | Experience 3 - 5 | EducationHigh School | Salary Compared to This Job |
| Job Title Mortgage Closing Manager | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Operations Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
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Level of Education
- Loan Closer Salaries with No Diploma
- Loan Closer Salaries with a High School Diploma or Technical Certificate
- Loan Closer Salaries with an Associate's Degree
- Loan Closer Salaries with a Bachelor's Degree
- Loan Closer Salaries with a Master's Degree or MBA
- Loan Closer Salaries with a JD, MD, PhD or Equivalent
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