Mortgage Loan Closer

42.573 RON (RON)/yr

20,47 RON (RON)/hr

728 RON (RON)/yr

The average mortgage loan closer gross salary in Romania is 42.573 RON or an equivalent hourly rate of 20 RON. In addition, they earn an average bonus of 728 RON. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Romania. An entry level mortgage loan closer (1-3 years of experience) earns an average salary of 39.603 RON. On the other end, a senior level mortgage loan closer (8+ years of experience) earns an average salary of 50.890 RON.

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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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61.907 RON (RON)

45 %

Based on our compensation data, the estimated salary potential for Mortgage Loan Closer will increase 45 % 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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Romania

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

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Romania is a country located at the crossroads of Central, Eastern and Southeastern Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to the east, and the Black Sea to the southeast. It has a predominantly continental climate, and an area of 238,397 km2 (92,046 sq mi) with a population of 19 million people (2023). Romania is the twelfth-largest country in Europe and the sixth-most populous member state of the European Union...

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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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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.

Learn About Our Products

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
Assessor Products

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