Avg. Base Hourly Rate (USD)
The average hourly pay for a Mortgage Loan Closer is $22.23 in 2025
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What Do Mortgage Loan Closers Do?
- Authorize funding upon verification of all documentation.
- Order credit reports, appraisals, title insurance, and all other certifications as necessary.
- Answer questions regarding closing requirements.
- Maintain communication with brokers partners and closing/settlement agents with loan status.
FAQs About Mortgage Loan Closers
What is the highest pay for Mortgage Loan Closers in Salt Lake City?
Our data indicates that the highest pay for a Mortgage Loan Closer in Salt Lake City is $NaN / hour
What is the lowest pay for Mortgage Loan Closers in Salt Lake City?
Our data indicates that the lowest pay for a Mortgage Loan Closer in Salt Lake City is $NaN / hour
How can Mortgage Loan Closers increase their salary?
Increasing your pay as a Mortgage Loan Closer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Mortgage Loan Closer that oversees more junior Mortgage Loan Closers, this experience can increase the likelihood to earn more.