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Closing Coordinator Salary

The average pay for a Closing Coordinator is $37,846 per year. Most people with this job move on to other positions after 20 years in this field.
$27,447 - $53,903
(Median)
$27K
$38K
$54K
MEDIAN: $37,845
10%
50%
90%

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$10.64 - $19.91
(Median)
$11
$15
$20
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$19K$38K$57K
Salary
$27,447 - $53,903  
   
Bonus
$0.00 - $6,243  
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).
)
$25,716 - $54,459  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 131
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$10$20$30
Hourly Rate
$10.64 - $19.91  
   
Overtime
$14.06 - $29.47  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Bonus
$0.00 - $6,243  
   
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).
)
$25,716 - $54,459  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 86
United States (change)

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.

Loan Closer Job Listings

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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 Advice

What do you wish you knew about your job when you first started out?

Closing Coordinator in Milwaukee:
"Traveling."
You must be detail oriented, effective at written and oral communication and a problem-solver.

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

Experience Affects Closing Coordinator Salaries

Late-Career
up arrow 25%

Experienced
up arrow 6%

Mid-Career
up arrow 5%

National Average
$36,000

Entry-Level
up arrow 7%

Skills That Affect Closing Coordinator Salaries

National Average
$36,000

Oral / Verbal Communication
up arrow 2%

Real Estate
up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 42 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
4%
1-4 years
39%
5-9 years
29%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 65% dental benefits Dental: 51%
vision benefits Vision: 39% employee benefits None: 32%