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The differences between post closers and mortgage specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a post closer and a mortgage specialist. Additionally, a mortgage specialist has an average salary of $38,757, which is higher than the $38,045 average annual salary of a post closer.
The top three skills for a post closer include loan packages, post-closer and FHA. The most important skills for a mortgage specialist are customer service, residential mortgage loans, and origination.
| Post Closer | Mortgage Specialist | |
| Yearly salary | $38,045 | $38,757 |
| Hourly rate | $18.29 | $18.63 |
| Growth rate | -3% | -3% |
| Number of jobs | 10,407 | 26,471 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 55% |
| Average age | 42 | 42 |
| Years of experience | 4 | 4 |
Post closers require an associate degree or certification in addition to 1-3 years of related experience. Skills in customer support, document review, loan processing, quality assurance processing, and loan software are also necessary for this career. Port closers assist with the mortgage loan closing process by reviewing loan documents for compliance, completeness, and accuracy. They also find missing information, prepare files and provide internal and external customer support.
Mortgage specialists are professionals who work with lending institutions to identify the best lending product for their clients in exchange for taking the title of the debtors' properties. These specialists must process mortgage loan applications by reviewing their paperwork to ensure accuracy and completeness before submitting for approval. They should monitor accounts during the bankruptcy proceedings to ensure that the rights of their clients are protected. Mortgage specialists are also required to guide associates regarding procedural guidelines from FNMA, FHLMC, and MHA.
Post closers and mortgage specialists have different pay scales, as shown below.
| Post Closer | Mortgage Specialist | |
| Average salary | $38,045 | $38,757 |
| Salary range | Between $29,000 And $48,000 | Between $29,000 And $51,000 |
| Highest paying City | San Ramon, CA | Oakland, CA |
| Highest paying state | California | Washington |
| Best paying company | Amplify Credit Union | Citi |
| Best paying industry | Insurance | Finance |
There are a few differences between a post closer and a mortgage specialist in terms of educational background:
| Post Closer | Mortgage Specialist | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between post closers' and mortgage specialists' demographics:
| Post Closer | Mortgage Specialist | |
| Average age | 42 | 42 |
| Gender ratio | Male, 21.6% Female, 78.4% | Male, 39.3% Female, 60.7% |
| Race ratio | 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% | Black or African American, 13.3% Unknown, 4.4% Hispanic or Latino, 14.2% Asian, 7.5% White, 60.2% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 7% | 7% |