The average salary for a Closing Coordinator is $39,546 per year. Most people with this job move on to other positions after 20 years in this field. A skill in Mortgage Loans is associated with high pay for this job. For the first five to ten years in this position, salary increases modestly, but any additional experience does not have a big effect on pay.

$30,023 - $53,159
(Median)
$30K
$40K
$53K
MEDIAN: $39,545
10%
50%
90%

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$11.94 - $20.46
(Median)
$12
$16
$20
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18K$36K$54K
Salary
$30,023 - $53,159  
   
Bonus
$391.49 - $7,256  
Commission
$8,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,103 - $52,146  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 152
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$11.94 - $20.46  
   
Overtime
$16.79 - $32.59  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$391.49 - $7,256  
   
Commission
$8,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,103 - $52,146  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 123
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Job Description for Closing Coordinator

As the closing coordinator, you will be expected to have a firm grasp on up to date real estate knowledge, as well as experience working in the market. You will need to be able to work closely with any closing managers in order to help facilitate closing transactions. Excellent people skills are a requirement, as you will need to coordinate a variety of schedules. You should be able to think quickly on your feet and have a strong analytical mind. You must be detail-oriented and be able to follow through consistently.

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Closing Coordinator Tasks

  • Answer questions regarding closing requirements.
  • Maintain communication with brokers partners and closing/settlement agents with loan status.
  • Authorize funding upon verification of all documentation.
  • Order credit reports, appraisals, title insurance, and all other certifications as necessary.

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Pay by Experience Level for Closing Coordinator

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Closing Coordinator Reviews

What is it like working as a Closing Coordinator?

Closing Coordinator in Albany:
"Closing."
Pros: I like the people I work with. It makes it easier to get through the day with them.
Cons: The way our management changes things and then does not tell the employees what the deal is when things do get changed. The communication needs to be more.

Related Job Salaries

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Experience Affects Closing Coordinator Salaries

Experienced
up arrow 13%

Late-Career
up arrow 10%

Mid-Career
up arrow 9%

National Average
$37,000


Skills That Affect Closing Coordinator Salaries

Mortgage Loans
up arrow 29%

National Average
$37,000

Customer Service
up arrow 3%

Oral / Verbal Communication
up arrow 4%

Microsoft Office
up arrow 8%

Real Estate
up arrow 12%

Organizing
up arrow 22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
9%
1-4 years
47%
5-9 years
19%
10-19 years
20%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 55%
dental benefits
Dental: 45%
medical benefits
Vision: 33%
dental benefits
None: 43%
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