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Mortgage Loan Closer Salaries in the United States

How much does a Mortgage Loan Closer make in the United States?

Mortgage Loan Closers earn $38,000 annually on average, or $18 per hour, which is 54% less than the national average for all working Americans. Our data indicates that the best paid Mortgage Loan Closers work for BNC Mortgage at $51,000 annually while the lowest paid Mortgage Loan Closers work for National City Mortgage earning approximately $30,000 each year.

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$39K Bank of America's Average Mortgage Loan Closer Salary (7 salaries)

+$1K (2%) more than national average Mortgage Loan Closer salary ($38K)
-$6K (14%) less than average Bank of America salary ($45K)
$50K
$100K
$150K
-$4K (10%) less than average Bank of America Mortgage Loan Closer salary ($39K)
"The starting salary of $35,000 was great, considering how easy the nature of the work was."
-$9K (26%) less than average Bank of America Mortgage Loan Closer salary ($39K)
-$4K (10%) less than average Bank of America Mortgage Loan Closer salary ($39K)
See 4 More Bank of America Mortgage Loan Closer Salaries

$65K Home Point Financial's Average Mortgage Loan Closer Salary (1 salaries)

+$27K (52%) more than national average Mortgage Loan Closer salary ($38K)
+$7K (11%) more than average Home Point Financial salary ($58K)
$50K
$100K
$150K
Equal to average Home Point Financial Mortgage Loan Closer salary ($65K)
"I would say my salary compares to other job offers I have received in the past"

$65K Law Firm of Stuart L Weiss' Average Mortgage Loan Closer Salary (1 salaries)

+$27K (52%) more than national average Mortgage Loan Closer salary ($38K)
Equal to average Law Firm of Stuart L Weiss salary ($65K)
$50K
$100K
$150K
Equal to average Law Firm of Stuart L Weiss Mortgage Loan Closer salary ($65K)
"Not sure"

$43K Washington Federal 's Average Mortgage Loan Closer Salary (1 salaries)

+$5K (12%) more than national average Mortgage Loan Closer salary ($38K)
+$5K (12%) more than average Washington Federal salary ($38K)
$50K
$100K
$150K
Equal to average Washington Federal Mortgage Loan Closer salary ($43K)
"Middle of the road, there is a competing bank in town that starts their processors/closers out $5/hr HIGHER than what my current bank starts processors/closers. I do not think that the higher management truly understands the amount of work they place on closers because the pay does not seem to reflect the work expectation."

$33K mBank's Average Mortgage Loan Closer Salary (1 salaries)

-$5K (14%) less than national average Mortgage Loan Closer salary ($38K)
-$9K (24%) less than average mBank salary ($42K)
$50K
$100K
$150K
Equal to average mBank Mortgage Loan Closer salary ($33K)
"I started at mBank with an hourly wage of $16.00 and that wage remained the same throughout my time there. Because of the volume of loans our department closed depended on seasonal specials and rates, this wage was fair for a full-time employee."

$38K JPMorgan's Average Mortgage Loan Closer Salary (4 salaries)

Equal to national average Mortgage Loan Closer salary ($38K)
-$13K (29%) less than average JPMorgan salary ($51K)
$50K
$100K
$150K
-$3K (8%) less than average JPMorgan Mortgage Loan Closer salary ($38K)
+$10K (23%) more than average JPMorgan Mortgage Loan Closer salary ($38K)
-$6K (17%) less than average JPMorgan Mortgage Loan Closer salary ($38K)
See 1 More JPMorgan Mortgage Loan Closer Salaries

$37K Ally Financial's Average Mortgage Loan Closer Salary (3 salaries)

-$1K (2%) less than national average Mortgage Loan Closer salary ($38K)
-$14K (31%) less than average Ally Financial salary ($51K)
$50K
$100K
$150K
+$20K (42%) more than average Ally Financial Mortgage Loan Closer salary ($37K)
-$3K (8%) less than average Ally Financial Mortgage Loan Closer salary ($37K)
+$3K (7%) more than average Ally Financial Mortgage Loan Closer salary ($37K)

$37K SunTrust Banks' Average Mortgage Loan Closer Salary (3 salaries)

-$1K (2%) less than national average Mortgage Loan Closer salary ($38K)
-$4K (10%) less than average SunTrust Banks salary ($41K)
$50K
$100K
$150K
-$7K (20%) less than average SunTrust Banks Mortgage Loan Closer salary ($37K)
+$6K (15%) more than average SunTrust Banks Mortgage Loan Closer salary ($37K)
-$7K (20%) less than average SunTrust Banks Mortgage Loan Closer salary ($37K)

$51K BNC Mortgage's Average Mortgage Loan Closer Salary (2 salaries)

+$13K (29%) more than national average Mortgage Loan Closer salary ($38K)
-$5K (9%) less than average BNC Mortgage salary ($56K)
$50K
$100K
$150K
Equal to average BNC Mortgage Mortgage Loan Closer salary ($51K)
-$1K (1%) less than average BNC Mortgage Mortgage Loan Closer salary ($51K)

$49K Access National Mortgage's Average Mortgage Loan Closer Salary (2 salaries)

+$11K (25%) more than national average Mortgage Loan Closer salary ($38K)
-$5K (9%) less than average Access National Mortgage salary ($54K)
$50K
$100K
$150K
+$1K (2%) more than average Access National Mortgage Mortgage Loan Closer salary ($49K)
-$1K (2%) less than average Access National Mortgage Mortgage Loan Closer salary ($49K)

Mortgage Loan Closer by State

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