Mortgage Loan Closer

20 700 ₾ (GEL)/yr

9,95 ₾ (GEL)/hr

354 ₾ (GEL)/yr

The average mortgage loan closer gross salary in Georgia is 20 700 ₾ or an equivalent hourly rate of 10 ₾. In addition, they earn an average bonus of 354 ₾. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Georgia. An entry level mortgage loan closer (1-3 years of experience) earns an average salary of 16 192 ₾. On the other end, a senior level mortgage loan closer (8+ years of experience) earns an average salary of 25 126 ₾.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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27 080 ₾ (GEL)

31 %

Based on our compensation data, the estimated salary potential for Mortgage Loan Closer will increase 31 % over 5 years.

This chart displays the highest level of education for:
Mortgage Loan Closer, the majority at 100% with high schools.

Typical Field of Study: Finance

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Georgia

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Georgia (Georgian: საქართველო, romanized: sakartvelo, IPA: [sakʰartʰʷelo] ) is a transcontinental country in Eastern Europe and West Asia. It is part of the Caucasus region, bounded by the Black Sea to the west, Russia to the north and northeast, Turkey to the southwest, Armenia to the south, and Azerbaijan to the southeast. Georgia covers an area of 69,700 square kilometres (26,900 sq mi). It has a population of 3.7 million, of which over a third live in the capital and largest city, Tbilisi. Georgians...

Sourced from Wikipedia
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. Read More

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Explore Our Salary Database
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Disclaimer

This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.

Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Do you work in HR or Compensation?
Try our professional compensation software to generate detailed salary and cost of living reports.
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SalaryExpert, powered by ERI, provides verified salary and cost of living data to the public with a comprehensive platform for evaluating compensation, career, relocation, and education decisions.
Access The Assessor Productsarrow_right
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  • No similar job titles found for this position
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