Banking Loan Closer Salary in Wayland, Massachusetts

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Average Salary for Banking Loan Closer in Wayland, Massachusetts

The average salary of a(n) Banking Loan Closer in Wayland, Massachusetts is $48,919.

The average hourly rate of a(n) Banking Loan Closer in Wayland, Massachusetts is $23.52.

The average bonus of a(n) Banking Loan Closer in Wayland, Massachusetts is $1,032.00.

Job Description:

Prepares papers and assembles documents to close loans for borrowers. Forwards applications for loans, construction plans, and credit ratings to loan company for approval. Receives approval of company and orders preliminary title reports and covenants. Draws up closing papers showing financial transactions, conditions, and restrictions upon which sale is based. Records deeds with title company and municipal authorities. Less

Prepares papers and assembles documents to close loans for borrowers. Forwards applications for loans, construction plans, and credit ratings to loan company for approval. Receives approval of company and orders preliminary title reports and covenants. Draws up closing papers showing... More

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Tracks scheduled loan closings and maintains contact with attorneys to verify that closing took Updates the Bank's Loan Origination System with the closed loan...

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