What Does a Mortgage Closer Do in Their Career?

Mortgage closers assemble thick stacks of closing paperwork.

A mortgage closer performs a different job than a real estate agent, loan officer and real estate attorney. The closer performs several duties in preparation of a closing date. In 2009, the average mortgage closer salary fell between $33,780 and $43,171, according to Salary, Inc.

Contact

A mortgage loan closer contacts both the broker and the borrower to set up a closing date and time. They also answer any questions the broker or borrower has about documents or additional information needed at closing, explains the website Career Planner.

Review

Before the closing date, a mortgage closer must make sure the borrower meets all loan requirements. Some borrowers, for example, need private mortgage insurance, states Career Planner.

Verification

The mortgage closer must verify document accuracy and loan requirement consistency, according to Career Planner. This includes verifying a clear title and ensuring consistent insurance forms.

Assembly

Once the borrower meets all loan requirements and the mortgage closer verifies those qualifications, they create and assemble the mortgage closing papers, says Career Planner.

References

• Career Planner: Mortgage Loan Closer
• Salary Inc.: Salary Wizard