How To Become A Closing Coordinator: What It Is and Career Path

What is a closing coordinator and how to become one

Updated January 8, 2025

5 min read

A closing coordinator manages the closing process of a real estate transaction. They work with real estate agents, lenders, and title companies to collect documents, meet deadlines, and coordinate transactions with multiple parties. A closing coordinator may also schedule the closing, coordinate the transfer of funds, and ensure satisfaction with the final outcome. This role requires excellent communication skills, attention to detail, and the ability to manage multiple tasks simultaneously.

ScoreClosing CoordinatorUS Average

Salary

3.1

Avg. Salary $39,066

Avg. Salary $59,228

Stability level

8.6

Growth rate -3%

Growth rate 0.3%

Diversity

8.5

Race

American Indian and Alaska Native 0.56%

Asian 6.32%

Black or African American 12.68%

Hispanic or Latino 15.77%

Unknown 4.73%

White 59.95%

Gender

female 79.24%

male 20.76%

Age - 41

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 41

Stress level

8.6

Stress level is very high

7.1 - high

Complexity level

6.9

Complexity level is challenging

7 - challenging

Work life balance

5.2

Work life balance is fair

6.4 - fair

What are the pros and cons of being a closing coordinator?

Pros

Opportunities for advancement within the real estate industry
Steady work schedule with regular business hours
Potential for a high salary and commission earnings
Working in a fast-paced and dynamic environment
Opportunity to work remotely or from home

Cons

Dealing with difficult clients or real estate agents can be stressful
Constantly changing industry regulations and requirements can be challenging to keep up with
Can require long hours or weekend work during busy periods
Can be repetitive and monotonous, especially for those who do not enjoy administrative work
Must be comfortable with working on a computer for extended periods of time

Key steps to become a closing coordinator

Explore closing coordinator education requirements

Most common closing coordinator degrees

Bachelor's

50.4 %

Associate

23.7 %

High School Diploma

14.1 %

Start to develop specific closing coordinator skills

Skills	Percentages
Customer Service	23.40%
Escrow	7.84%
HOA	5.09%
HUD-1	4.98%
Lender Approval	4.78%

Complete relevant closing coordinator training and internships

Accountants spend an average of 1-2 years on post-employment, on-the-job training. New closing coordinators learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a closing coordinator based on U.S. Bureau of Labor Statistics data and data from real closing coordinator resumes.

Research closing coordinator duties and responsibilities

Manage scheduling loans for closing, handle insurance review, verify wire transfer, register and transfer loans with MERS.
Endorse VA and HUD mortgage insurance, paid premiums and send documents to proper personnel.
Audit loans purchase for GNMA, FNMA & FHLMC to ensure they meet their guidelines.
Facilitate processors in getting FHA close loan packages out to FHA to meet the insurance deadlines.

Prepare your closing coordinator resume

When your background is strong enough, you can start writing your closing coordinator resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a closing coordinator resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable closing coordinator resume templates

Build a professional closing coordinator resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your closing coordinator resume.