Mortgage clerk vs post closer

The differences between mortgage clerks and post closers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a mortgage clerk and a post closer. Additionally, a post closer has an average salary of $38,045, which is higher than the $31,722 average annual salary of a mortgage clerk.

The top three skills for a mortgage clerk include data entry, outbound calls and real estate. The most important skills for a post closer are loan packages, post-closer, and FHA.

Mortgage clerk vs post closer overview

	Mortgage Clerk	Post Closer
Yearly salary	$31,722	$38,045
Hourly rate	$15.25	$18.29
Growth rate	-3%	-3%
Number of jobs	69,111	10,407
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 40%	Bachelor's Degree, 41%
Average age	42	42
Years of experience	4	4

Mortgage clerk vs post closer salary

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

	Mortgage Clerk	Post Closer
Average salary	$31,722	$38,045
Salary range	Between $25,000 And $40,000	Between $29,000 And $48,000
Highest paying City	Highlands Ranch, CO	San Ramon, CA
Highest paying state	Maryland	California
Best paying company	Kelly Services	Amplify Credit Union
Best paying industry	Finance	Insurance

Differences between mortgage clerk and post closer education

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

	Mortgage Clerk	Post Closer
Most common degree	Bachelor's Degree, 40%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Mortgage clerk vs post closer demographics

Here are the differences between mortgage clerks' and post closers' demographics:

	Mortgage Clerk	Post Closer
Average age	42	42
Gender ratio	Male, 25.5% Female, 74.5%	Male, 21.6% Female, 78.4%
Race ratio	Black or African American, 12.9% Unknown, 4.6% Hispanic or Latino, 13.9% Asian, 7.3% White, 60.8% American Indian and Alaska Native, 0.5%	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	7%	7%

Differences between mortgage clerk and post closer duties and responsibilities

Mortgage clerk example responsibilities.

Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
Insure government loans utilizing VA and FHA website.
Team player with imaging area and completing deliver FNMA, PNC.
Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
Process and underwrite conventional purchase and refinance mortgage transactions primarily under FHLMC guidelines in a centralize regional operations center.

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.

Mortgage clerk vs post closer skills

Common mortgage clerk skills

Data Entry, 68%
Outbound Calls, 9%
Real Estate, 4%
Telephone Calls, 4%
Tax Payments, 2%
Computer System, 2%

Common post closer skills

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