What is a mortgage loan closer?

Answer A mortgage loan closer plays an essential role in the mortgage process. Closers finalize mortgage loans by making sure that all documentation is complete, accurate, correctly signed, and delivered ... Read More »

Top Q&A For: What is a mortgage loan closer

The average salary of a mortgage closer?

According to the U.S. Bureau of Labor Statistics, the average salary for a mortgage closer is $33,890 a year, as of May 2008. The average hourly wage is $16.29. Mortgage closers in the 90th percent... Read More »

Is it better to get a shorter loan mortgage term or prepay on a longer loan?

On One Hand: Short Tem Mortgages Tie Your Hands.A short term mortgage forces you to spend more money on your house payment than you would under a longer term loan. This means that there is less mon... Read More »

Is it Better to Get a Shorter Loan Mortgage Term or Pre-Pay on a Longer Loan?

There are many benefits to listed job descriptions. It makes it easier to fill the position and gives employees a clear description of what they would do on a day to day basis if hired. However, th... Read More »

Can I Get a Mortgage Loan Plus a Loan to Fix the House?

When you purchase a fixer-upper, you will need to have money to buy the home and cover costs of improvements. Many lenders will ask you to take two separate loans, a mortgage and a home equity loan... Read More »