Mortgage Loan Closer Salary in Lincolnshire, Illinois

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Mortgage Loan Closer in Lincolnshire, Illinois

The average salary of a(n) Mortgage Loan Closer in Lincolnshire, Illinois is $32,956.

The average hourly rate of a(n) Mortgage Loan Closer in Lincolnshire, Illinois is $15.84.

The average bonus of a(n) Mortgage Loan Closer in Lincolnshire, Illinois is $564.00.

Job Description:

Closes mortgage loans by scheduling closing procedures and typing documents. Examines approved mortgage loan to determine conditions that must be met prior to closing, such as purchase of private mortgage insurance. Calls borrower, real estate broker, and title company to request specified documents, such as receipt for payment of outstanding tax bill. Verifies accuracy and consistency of specifications on documents, such as title abstract and insurance forms. Calls borrower, broker, and other specified individuals to arrange time and date for closing. Answers questions regarding closing requirements. Enters numbers and calculates loan interest and principal payment, and closing costs, using computer or factor table and calculator. Types closing documents. Assembles documents for delivery to title company, real estate broker, or lending officer for closing. Records loan information in log and on government reporting forms, using computer. May compile closed loan forms for delivery to marketing department for sale to investors. Less

Closes mortgage loans by scheduling closing procedures and typing documents. Examines approved mortgage loan to determine conditions that must be met prior to closing, such as purchase of private mortgage insurance. Calls borrower, real estate broker, and title company to... More

How helpful is this page?

Are you a(n) Mortgage Loan Closer?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Lincolnshire, Illinois

Job Openings by Indeed job search

Results for Mortgage Loan Closer in Lincolnshire, Illinois

Post Closer - Lincolnshire, IL

InterFirst Mortgage Company

InterFirst Mortgage Company is a wholesale, retail, and correspondent mortgage lender located in Lincolnshire, IL....

View job on Indeed.com

Wintrust Mortgage - Loan Closer - Rosemont, IL

Wintrust Financial

NonBank - Wintrust Mortgage. As a Closer, primary responsibilities include:. Funds the loan in compliance with investor guidelines as well as meeting all at...

View job on Indeed.com

Mortgage Loan Closer - Chicago, IL

Gold Coast Bank

Closer – Volume would be 20+ loans a month. Experience with loan origination software, Calyx Point is a plus....

View job on Indeed.com

Quality Control Auditor - Rolling Meadows, IL

Academy Mortgage Corporation

Researches and accounts for any defects or deficiencies in loan files. 20% Reviews and tracks loans identified as high risk, and reports on them to the...

View job on Indeed.com

Wintrust Mortgage - Loan Processor - Rosemont, IL

Wintrust Financial

NonBank - Wintrust Mortgage. Necessary to be included in a file for a mortgage loan. Open new mortgage files. Input a mortgage application onto E3....

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x