Drawer vs closer

The differences between drawers and closers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a drawer has an average salary of $34,511, which is higher than the $29,291 average annual salary of a closer.

The top three skills for a drawer include title, escrow and FHA. The most important skills for a closer are customer service, cleanliness, and punctuality.

Drawer vs closer overview

	Drawer	Closer
Yearly salary	$34,511	$29,291
Hourly rate	$16.59	$14.08
Growth rate	-5%	4%
Number of jobs	2,664	7,560
Job satisfaction	-	-
Most common degree	High School Diploma, 37%	Bachelor's Degree, 35%
Average age	43	45
Years of experience	-	6

Drawer vs closer salary

Drawers and closers have different pay scales, as shown below.

	Drawer	Closer
Average salary	$34,511	$29,291
Salary range	Between $27,000 And $43,000	Between $20,000 And $40,000
Highest paying City	-	Greece, NY
Highest paying state	-	Hawaii
Best paying company	-	GPAC
Best paying industry	-	-

Differences between drawer and closer education

There are a few differences between a drawer and a closer in terms of educational background:

	Drawer	Closer
Most common degree	High School Diploma, 37%	Bachelor's Degree, 35%
Most common major	Business	Business
Most common college	-	University of Pennsylvania

Drawer vs closer demographics

Here are the differences between drawers' and closers' demographics:

	Drawer	Closer
Average age	43	45
Gender ratio	Male, 36.4% Female, 63.6%	Male, 45.0% Female, 55.0%
Race ratio	Black or African American, 9.7% Unknown, 2.8% Hispanic or Latino, 12.1% Asian, 2.3% White, 72.3% American Indian and Alaska Native, 0.8%	Black or African American, 9.4% Unknown, 4.6% Hispanic or Latino, 16.3% Asian, 6.1% White, 63.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	3%	8%

Differences between drawer and closer duties and responsibilities

Drawer example responsibilities.

Manage individual pipeline using the LPS system.
Audit Hud-1 throughout closing process, ensuring compliance with RESPA and TILA.
Enter closing cost fees from final HUD-1 and compare fees with final GFE ensuring tolerance compliance.
Review HUD-1's for compliance requirements.
Have a good understanding of TRID requirements.
Review GFE and HUD to ensure compliance.

Closer example responsibilities.

Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
Process conventional, FHA, VA and USDA loans, clearing conditions before submission.
Clear property conditions for insurance and title on all FHA, VA and USDA loans.
Submit information to mortgage insurance carriers, FHA, VA, FHLMC, and FNMA for workout alternatives to foreclosure.
Coordinate with foreclosure and eviction and litigation teams to ensure properties are in transferable condition prior to closing.
Prepare high volume of loan closing packages under a variety of loan programs including conventional, FHA and VA.

Drawer vs closer skills

Common drawer skills

Title, 12%
Escrow, 12%
FHA, 9%
TRID, 8%
RESPA, 7%
Regulatory Compliance, 5%

Common closer skills

Customer Service, 42%
Cleanliness, 31%
Punctuality, 8%
Dependability, 4%
Food Orders, 4%
Work Ethic, 1%