Drawer vs post closer

The differences between drawers and post closers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a post closer has an average salary of $38,045, which is higher than the $34,511 average annual salary of a drawer.

The top three skills for a drawer include title, escrow and FHA. The most important skills for a post closer are loan packages, post-closer, and FHA.

Drawer vs post closer overview

	Drawer	Post Closer
Yearly salary	$34,511	$38,045
Hourly rate	$16.59	$18.29
Growth rate	-5%	-3%
Number of jobs	2,664	10,407
Job satisfaction	-	-
Most common degree	High School Diploma, 37%	Bachelor's Degree, 41%
Average age	43	42
Years of experience	-	4

Drawer vs post closer salary

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

	Drawer	Post Closer
Average salary	$34,511	$38,045
Salary range	Between $27,000 And $43,000	Between $29,000 And $48,000
Highest paying City	-	San Ramon, CA
Highest paying state	-	California
Best paying company	-	Amplify Credit Union
Best paying industry	-	Insurance

Differences between drawer and post closer education

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

	Drawer	Post Closer
Most common degree	High School Diploma, 37%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	-	University of Pennsylvania

Drawer vs post closer demographics

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

	Drawer	Post Closer
Average age	43	42
Gender ratio	Male, 36.4% Female, 63.6%	Male, 21.6% Female, 78.4%
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, 13.4% Unknown, 4.2% Hispanic or Latino, 16.7% Asian, 6.6% White, 58.6% American Indian and Alaska Native, 0.4%
LGBT Percentage	3%	7%

Differences between drawer and post 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.

Post closer example responsibilities.

Manage individual pipeline using the LPS system.
Review all types of loans (i.e., conventional, FHA, VA) for program accuracy and compliance.
Prepare HUD-1 settlement statements, review balance sheet, doc prep closing package, disburse checks and balance ledgers.
Partner with secondary investors to resolve loan irregularities to ensure files meet HUD, HMDA, and RESPA guidelines.
Review Hud-1 or settlement statements for accuracy.
Prepare conveyance package for clients.

Drawer vs post closer skills

Common drawer skills

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

Common post closer skills

Loan Packages, 17%
Post-Closer, 16%
FHA, 8%
Va, 8%
Escrow, 6%
Mers, 5%