Closing Coordinator Salary
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.
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.Read More...
You must also show a willingness to put in the hours it takes to meet deadlines, as well as satisfy various client demands. Availability for quick phone calls and showing excellent interpersonal skills is an absolute must. Mental toughness is recommended due demanding deadline-based tasks. You will be expected to show prompt and accurate administrative abilities such as multitasking, picking up things quickly on your own, and proficiency in using modern technology, including strong experience in Microsoft Office suite.
You will be expected to be able to handle a large volume of clients quickly and professionally, showing initiative in meeting demands before they are asked of you. You will need to be adaptable to a quick-changing, real estate environment.
A minimum of a high school diploma or equivalent is necessary, as well as practical experience working in the real estate field or valid professional references. Having a strong customer service background showing adaptability in high-stress environments is preferred.
Closing Coordinator Tasks
- Authorize funding upon verification of all documentation.
- Order credit reports, appraisals, title insurance, and all other certifications as necessary.
- Answer questions regarding closing requirements.
- Maintain communication with brokers partners and closing/settlement agents with loan status.
Loan Closer Job Listings
Search for more jobs:
Pay by Experience Level for Closing Coordinator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Closing Coordinator Reviews
Related Job Salaries
Key Stats for Closing Coordinator
Rated 5 out of 5
based on 32 votes.