FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.
Sorry, we can't find that. Please try a different city or state.
APPLY NOW
Apply Now
×
FIND
PERSONALIZED JOBS

Sorry, we can't find that. Please try a different city or state.

CONTENT HAS
BEEN UNLOCKED
Close this window to view unlocked content
or
find interesting jobs in

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign Up

SIGN UP TO UNLOCK CONTENT

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign up to save the job and get personalized job recommendations.

Sign up to dismiss the job and get personalized job recommendations.

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Already have an account? Log in

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Company Saved

Answer a few questions and view jobs at that match your preferences.

Where do you want to work?

Job Saved

See your Saved Jobs now

or

find more interesting jobs in

Job Dismissed

Find better matching jobs in

Your search has been saved!

Become A Loan Closer

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As A Loan Closer

  • Processing Information
  • Interacting With Computers
  • Communicating with Persons Outside Organization
  • Getting Information
  • Performing for or Working Directly with the Public
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Repetitive

  • Stressful

  • $60,000

    Average Salary

What Does A Loan Closer Do

Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out financial transactions.

Duties

Financial clerks typically do the following:

  • Keep and update financial records
  • Compute bills and charges
  • Offer customer assistance
  • Carry out financial transactions

Financial clerks give administrative and clerical support in financial settings. Their specific job duties vary by specialty and by setting.

Billing and posting clerks calculate charges, develop bills, and prepare them to be mailed to customers. They review documents such as purchase orders, sales tickets, charge slips, and hospital records to compute fees or charges due. They also contact customers to get or give account information.

Gaming cage workers work in casinos and other gaming establishments. The “cage” in which they work is the central depository for money and gaming chips. Gaming cage workers sell gambling chips, tokens, or tickets to patrons. They count funds and reconcile daily summaries of transactions in order to balance books.

Payroll and timekeeping clerks compile and post employee time and payroll data. They verify and record attendance, hours worked, and pay adjustments. They ensure that employees are paid on time and that their paychecks are accurate.

Procurement clerks compile requests for materials, prepare purchase orders, keep track of purchases and supplies, and handle questions about orders. They respond to questions from customers and suppliers about the status of orders. They handle requests to change or cancel orders. They make sure that purchases arrive on schedule and that the items meet the purchaser’s specifications.

Brokerage clerks help with tasks associated with securities such as stocks, bonds, commodities, and other kinds of investments. Their duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, distributing dividends, and keeping records of daily transactions and holdings.

Credit authorizers, checkers, and clerks review the credit history, and get the information needed to determine the creditworthiness, of individuals or businesses applying for credit. Credit authorizers evaluate customers’ computerized credit records and payment histories to decide, based on predetermined standards, whether to approve new credit. Credit checkers call or write credit departments of business and service establishments to get information about applicants’ credit standing.

Loan interviewers, also called loan processors or loan clerks, interview applicants and others to get and verify personal and financial information needed to complete loan applications. They also prepare the documents that go to the appraiser and are issued at the closing of a loan.

New accounts clerks interview people who want to open accounts in financial institutions. They explain the account services available to prospective customers and help them fill out applications. They also investigate and correct errors in accounts.

Insurance claims and policy processing clerks process applications for insurance policies. They also handle customers’ requests to change or cancel their existing policies. Their duties include interviewing clients and reviewing insurance applications to ensure that all questions have been answered. They also notify insurance agents and accounting departments of policy cancellations or changes.

Show More

Show Less

How To Become A Loan Closer

A high school diploma or equivalent is typically required for most financial clerk jobs. These workers usually learn their duties through on-the-job training.

Education

Financial clerks typically need a high school diploma or equivalent to enter the occupation. Employers of brokerage clerks may prefer candidates who have taken some college courses in business or economics and, in some cases, require a 2- or 4-year college degree.

Training

Most financial clerks learn how to do their job duties through on-the-job training. Some formal technical training also may be necessary; for example, gaming cage workers may need training in specific gaming regulations and procedures.

Advancement

Financial clerks can advance to related occupations in finance. For example, a loan interviewer or clerk can become a loan officer, and a brokerage clerk can become a securities, commodities, or financial services sales agent, after obtaining the required education and license.

Important Qualities

Communication skills. Financial clerks should have good communication skills so that they can explain policies and procedures to colleagues and customers.

Math skills. The job duties of financial clerks, including calculating charges and checking credit scores, require basic math skills.

Organizational skills. Strong organizational skills are important for financial clerks because they must be able to find files quickly and efficiently.

Show More

Show Less

Do you work as a Loan Closer?

Send To A Friend

Loan Closer Jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Loan Closer Career Paths

Loan Closer
Underwriter Senior Underwriter
Underwriting Manager
8 Yearsyrs
Underwriter Account Manager Vice President
Vice President And Manager
10 Yearsyrs
Underwriter Team Leader Office Manager
Office Manager Of Human Resources
6 Yearsyrs
Team Leader Store Manager Branch Manager
Manager, Assistant Vice President
7 Yearsyrs
Team Leader Supervisor Manager
Assistant Vice President
7 Yearsyrs
Escrow Officer Office Manager
Accountant And Office Manager
6 Yearsyrs
Escrow Officer Office Manager Account Manager
Relationship Manager
6 Yearsyrs
Escrow Officer Branch Manager Project Manager
Portfolio Manager
7 Yearsyrs
Senior Loan Processor Account Manager Property Manager
Asset Manager
7 Yearsyrs
Senior Loan Processor Operations Manager Vice President
Vice President Operation Manager
10 Yearsyrs
Senior Loan Processor Operations Manager Property Manager
Compliance Manager
9 Yearsyrs
Mortgage Underwriter Branch Manager Operations Director
Assistant Vice President Operations
8 Yearsyrs
Mortgage Underwriter Senior Loan Officer Assistant Branch Manager
Branch Operations Manager
6 Yearsyrs
Mortgage Underwriter Senior Underwriter Assistant Branch Manager
Credit Manager
5 Yearsyrs
Auditor Staff Accountant Accounts Payable Supervisor
Accounts Payable Manager
7 Yearsyrs
Auditor Analyst Customer Service Manager
Collections Manager
5 Yearsyrs
Auditor Executive Assistant Assistant Property Manager
Assistant Community Manager
5 Yearsyrs
Analyst Manager Production Manager
Processing Manager
7 Yearsyrs
Analyst Manager Realtor
Real Estate Management Specialist
7 Yearsyrs
Operations Specialist Legal Assistant Bankruptcy Specialist
Property Preservation Specialist
5 Yearsyrs
Show More
Share

Do you work as a Loan Closer?

Help others decide if this is a good career for them

Do you work as a Loan Closer?

Average Yearly Salary
$60,000
View Detailed Salary Report
$25,000
Min 10%
$60,000
Median 50%
$60,000
Median 50%
$60,000
Median 50%
$60,000
Median 50%
$60,000
Median 50%
$60,000
Median 50%
$60,000
Median 50%
$144,000
Max 90%
Best Paying Company
Unity Bank
Highest Paying City
Olympia, WA
Highest Paying State
Alaska
Avg Experience Level
3.2 years
How much does a Loan Closer make at top companies?
The national average salary for a Loan Closer in the United States is $61,025 per year or $29 per hour. Those in the bottom 10 percent make under $25,000 a year, and the top 10 percent make over $144,000.

How Would You Rate The Salary Of a Loan Closer?

Have you worked as a Loan Closer? Help other job seekers by rating your experience as a Loan Closer.

Top Skills for A Loan Closer

  1. Title Companies
  2. Loan Applications
  3. Ensure Compliance
You can check out examples of real life uses of top skills on resumes here:
  • Interact with homeowners, mortgage companies, bank representatives, and title companies in a competitive service industry with professionalism.
  • Reviewed auto loan applications and credit bureaus and determined loan approvals based on this information.
  • Audited loan documents to ensure compliance with policy relative to all documentation requirements and servicing procedures.
  • Ensured settlement statements match closing instructions in accordance with audit requirements.
  • Review and verify all fees and charges associated with the loan on the HUD-1 or Closing Disclosure.

Loan Closer Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 5,358 Loan Closer resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Loan Closer Resume

View Resume Examples

Loan Closer Demographics

Gender

Female

69.8%

Male

20.5%

Unknown

9.7%
Ethnicity

White

62.1%

Hispanic or Latino

16.0%

Black or African American

11.6%

Asian

7.1%

Unknown

3.2%
Show More
Foreign Languages Spoken

Spanish

57.4%

French

6.4%

Russian

4.3%

Italian

4.3%

Portuguese

3.2%

Chinese

3.2%

German

3.2%

Carrier

3.2%

Mandarin

2.1%

Arabic

2.1%

Lithuanian

1.1%

Somali

1.1%

Filipino

1.1%

Vietnamese

1.1%

Turkish

1.1%

Japanese

1.1%

Greek

1.1%

Dari

1.1%

Ukrainian

1.1%

Cantonese

1.1%
Show More

Loan Closer Education

Schools

University of Phoenix

26.2%

Strayer University

7.7%

Ashford University

5.2%

Central Piedmont Community College

5.0%

Florida State College at Jacksonville

5.0%

Arizona State University

4.7%

Houston Community College

4.1%

Cuyahoga Community College

3.9%

University of South Florida

3.6%

University of Texas at Arlington

3.6%

University of North Texas

3.3%

University of Cincinnati

3.3%

Texas A&M University

3.3%

University of Missouri - Saint Louis

3.3%

Kaplan University

3.3%

El Centro College

3.0%

Liberty University

3.0%

Lindenwood University

3.0%

Michigan State University

2.8%

Texas Southern University

2.8%
Show More
Majors

Business

36.2%

Accounting

9.3%

Finance

8.6%

Legal Support Services

4.5%

Psychology

4.2%

Real Estate

3.7%

Criminal Justice

3.2%

Management

3.2%

Marketing

3.2%

General Studies

3.0%

Health Care Administration

3.0%

Computer Science

2.6%

Education

2.3%

Communication

2.2%

Liberal Arts

2.2%

Human Resources Management

2.0%

Political Science

1.9%

Law

1.7%

English

1.6%

Economics

1.5%
Show More
Degrees

Bachelors

36.8%

Other

30.4%

Associate

15.0%

Masters

8.4%

Certificate

5.7%

Diploma

1.6%

Doctorate

1.1%

License

1.0%
Show More

Job type you want
Full Time
Part Time
Internship
Temporary

How Would You Rate Working As a Loan Closer?

Are you working as a Loan Closer? Help us rate Loan Closer as a Career.

Top Loan Closer Employers

Jobs From Top Loan Closer Employers

Loan Closer Videos

day in the life of a loan processor

Coleman SBA 7(a) Loan Closer Training

Loan Closer

Related to your recently viewed content