Mortgage Closer Job Description

Mortgage Closers assemble, prepare and review critical closing documents for mortgage loans. They work with the individual or company applying for a loan to walk them through all the necessary steps. If the mortgage loan is approved, the Mortgage Closer coordinates the closing process to ensure that all documents are correct and all terms of the loan are met. Mortgage Closers are usually employed by banks, homebuilders and financial institutions.

Growth for Mortgage Closer employment is steady. The Bureau of Labor Statistics projects a growth of 8 percent in jobs for all Loan Officers, including Mortgage Closers, by 2024. This will create an additional 24,500 jobs.


Mortgage Closer Duties and Responsibilities

To accomplish their primary goal of preparing clients to close on a mortgage loan, Mortgage Closers perform many tasks. We analyzed several job listings to identify these core Mortgage Closer duties and responsibilities.

Prepare Closing Documents

Mortgage Closers are responsible for preparing all loan-closing documents, and ensuring that they are accurate in order to have a fully compliant mortgage loan. They carefully review all documents for any errors, and confirm that pricing and program are correct to insure loan will be funded.

Act as Point of Contact

Mortgage Closers are the intermediaries between all parties in a real estate closing transaction. They communicate with applicants, attorneys, closing agents, and vendors to answer questions and resolve any issues. They communicate with title companies to gather all necessary information for accurate document preparation, and coordinate delivery of the documents before closing.

Coordinate Closings

Mortgage Closers coordinate the smooth running of the loan closing proceedings and ensure all loans are closed in a timely manner. They communicate with the Title Company to set up a closing schedule, and then communicate that schedule to the borrower and help prepare them for the closing. At the closing, they deal with all parties involved to resolve any problems.

Ensure Compliance

Mortgage Closers review all closing details to ensure compliance with state and federal regulations. They also make sure that all terms of the loan are met. They work with borrows and title companies on any outstanding closing conditions required to fund the loan.

Mortgage Closer Skills

Detail-oriented and extremely well organized, a successful Mortgage Closer is a meticulous and focused analytical thinker. They have both strong business acumen and excellent communication and conflict-resolution skills. In addition to these general skills and personality traits, employers are seeking Mortgage Closer candidates with the following skills.

Core skills: Based on job listings we looked at, employers want Mortgage Closers with these core skills. If you want to work as a Mortgage Closer, focus on the following.

  • Strong oral and written communication skills, with a customer-service focus
  • Excellent time-management skills
  • Basic computer skills
  • Mortgage industry experience
  • Ability to make independent judgment calls based on knowledge of federal and state regulatory requirements
  • Advanced math and calculation skills

Advanced skills: While most employers did not require the following skills, multiple job listings included them as preferred. Add these to your Mortgage Closer toolbox and broaden your career options.

  • Pipeline Management experience
  • Ability to generate reports
  • Experience processing or closing home mortgage loan products, including data analysis and validation


Mortgage Closer Resources

We searched the Web to find the best industry resources to help you continue exploring a career as a Mortgage Closer. From thought leaders to industry groups, this list is packed with opportunities to learn, connect and engage.

On the Web

The Hardcore Closer – Ryan Stewman, the ‘Hardcore Closer,’ writes about tricks and trips to becoming a better Mortgage Closer, and offers free online training.

The Mortgage Reports – Keep current on the latest news in real estate and mortgage loans.

The Truth about Mortgage – A helpful blog with tons of advice, tips and a mortgage dictionary to help you better understand key mortgage terms.

On LinkedIn

Mortgage Professionals – Join in the discussion with almost 50,000 other members who work in the mortgage industry.

Mortgage Professionals Network – Network and job hunt with 38,000 professionals in the business.

Industry Groups

National Association of Mortgage Professionals (NAMB) – Provides professional listings, job leads, networking, training opportunities, and industry events for mortgage professionals.

National Association of Mortgage Processors (NAMP) – Offers certifications that can help advance the career of Mortgage Closers.

Mortgage Closer Books

Glossary of Terms for Title Closers and Mortgage Notaries – A handy guide to the slew of terms that Mortgage Closers should familiarize themselves with.

The Mortgage Encyclopedia: The Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls, Second Edition – Everything you need to know to get started in a career as a mortgage professional.


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