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Mortgage Closing Clerk Salary
in Chicago, Illinois

$33,169 (USD)

Average Salary

$16/hr

Average Hourly

$547

Average Bonus

Last updated: June 20, 2019

Salary Recap

The average pay for a Mortgage Closing Clerk is $33,169 a year and $16 an hour in Chicago, Illinois, United States. The average salary range for a Mortgage Closing Clerk is between $25,645 and $39,277. On average, a Doctorate Degree is the highest level of education for a Mortgage Closing Clerk. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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Job Summary

Description:
  • Completes mortgage transactions between loan establishment, sellers, and borrowers after loans have been approved.
  • Verifies completeness of data on loan papers.
  • Answers questions of buyers and sellers relating to details of transaction and gets signatures of principal parties on necessary documents.
  • Closes out seller's interest in property by presenting seller with check to cover seller's equity.
  • Operates office machines to compute rebates or adjustments.
  • Prepares and mails rebates and other papers to clients.
Mortgage Closing Clerk Job Prevalence in Chicago, Illinois, United States

Job family: Loan Interviewers and Clerks

Job family population: 227,430

Estimated population of Mortgage Closing Clerk jobs: 14,503

Rate of error: 1.6%

Salary Potential

Estimated salary in 2024:
$38,452
5 Year Change:
16 %

Education

Skills

Skills data not available for this job

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Mortgage Closing Clerk Job Listings for Chicago, Illinois

Business Development Manager - Entry Level
Jun 10
McKinley Park, IL, USA
Prestiz LLC
Closing sales * Establishing needs, requirements and selling appropriate package * To maintain ... clerk, regional sales manager, sales & marketing, sales & marketing admin, sales & marketing ...
**Customer Service Representative ** HIRING NOW **
Apr 27
McKinley Park, IL, USA
BrandFuze
Closing sales * Establishing needs, requirements and selling appropriate package * To maintain ... clerk, regional sales manager, sales & marketing, sales & marketing admin, sales & marketing ...
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.

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