Home > Salary > Lebanon > Mortgage Loan Closer
A mortgage loan closer is responsible for finalizing the loan process by coordinating all necessary documents and ensuring compliance with lending regulations. They work closely with borrowers, lenders, and title companies to ensure a smooth closing process. The main duties include reviewing loan documents, verifying accuracy, calculating loan amounts, preparing closing statements, and coordinating the signing of all required paperwork. Mortgage loan closers must have a strong attention to detail, excellent organizational skills, and a thorough understanding of mortgage lending procedures. They must also have good communication skills to effectively communicate with all parties involved in the closing process. This occupation requires knowledge of mortgage laws and regulations, as well as proficiency in relevant software and systems.
Estimated Yearly Salary: 116,537,536 LBP
Estimated Monthly Salary: 9,711,461 LBP
Estimated Weekly Salary: 2,241,106 LBP per week
Estimated Hourly Salary: 56,028 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 9,368,550 LBP
Estimated Weekly Salary: 2,161,973 LBP per week
Estimated Hourly Salary: 54,049 LBP per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 7,116 USD
Estimated Monthly Salary: 593 USD
Estimated Weekly Salary: 137 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 116,537,536 LBP
Estimated Monthly Salary: 9,711,461 LBP
Estimated Weekly Salary: 2,241,106 LBP per week
Estimated Hourly Salary: 56,028 LBP per hour
By working as Mortgage Loan Closer a person can save up to 261 USD per month or 3,132 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Lebanon, see costs of living in Lebanon.
Estimated Yearly Salary for Mortgage Loan Closer
Last revision of data: 2025-01-04
Data as of 2025
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Mortgage Loan Closer salary in Lebanon
Average Yearly Salary of Mortgage Loan Closer in Lebanon is approximately 116,537,536 LBP (7,116 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Mortgage Loan Closer do?
A mortgage loan closer is responsible for finalizing the loan process by coordinating all necessary documents and ensuring compliance with lending regulations. They work closely with borrowers, lenders, and title companies to ensure a smooth closing process. The main duties include reviewing loan documents, verifying accuracy, calculating loan amounts, preparing closing statements, and coordinating the signing of all required paperwork. Mortgage loan closers must have a strong attention to detail, excellent organizational skills, and a thorough understanding of mortgage lending procedures. They must also have good communication skills to effectively communicate with all parties involved in the closing process. This occupation requires knowledge of mortgage laws and regulations, as well as proficiency in relevant software and systems.
Skills: mortgage loan closer, loan processing, closing process, compliance, documentation, attention to detail
Job industry: Finance and mortgage
Job industry: Finance and mortgage
How much does Mortgage Loan Closer make?
Salary details
How much does Mortgage Loan Closer make?Estimated Yearly Salary: 116,537,536 LBP
Estimated Monthly Salary: 9,711,461 LBP
Estimated Weekly Salary: 2,241,106 LBP per week
Estimated Hourly Salary: 56,028 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 112,422,600 LBPEstimated Monthly Salary: 9,368,550 LBP
Estimated Weekly Salary: 2,161,973 LBP per week
Estimated Hourly Salary: 54,049 LBP per hour
Last revision of data: 2024-01-07Mortgage Loan Closer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,116 USD
Estimated Monthly Salary: 593 USD
Estimated Weekly Salary: 137 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Lebanon is a small country located in the Middle East on the eastern shore of the Mediterranean Sea. It has a diverse population of approximately 6 million people. The country covers an area of around 10,452 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Closer job salary compared to average salary in Lebanon.
Comparison shows that a person working as Mortgage Loan Closer in Lebanon earns on average:
0.94 times the average salary (or 94% of average salary).
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Closer job salary compared to average salary in Lebanon.
Comparison shows that a person working as Mortgage Loan Closer in Lebanon earns on average:
0.94 times the average salary (or 94% of average salary).
Is Mortgage Loan Closer a well paid job?
Yes, our data show that Mortgage Loan Closer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mortgage Loan Closer?
High salary for Mortgage Loan Closer would be somewhere between 128,191,290 LBP and 168,979,427 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Closer in Lebanon?
Living in Lebanon the approximate monthly expenses are: 332 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 116,537,536 LBP
Estimated Monthly Salary: 9,711,461 LBP
Estimated Weekly Salary: 2,241,106 LBP per week
Estimated Hourly Salary: 56,028 LBP per hour
By working as Mortgage Loan Closer a person can save up to 261 USD per month or 3,132 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Lebanon, see costs of living in Lebanon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Syria, Israel, Cyprus, Jordan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Mortgage Loan Closer
Syria is 3,145 USD
Israel is 46,884 USD
Jordan is 8,171 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Lebanon
(1,417,299,855 LBP per year, pre-tax.)
2. Cardiologist
(1,175,197,006 LBP per year, pre-tax.)
(1,136,102,693 LBP per year, pre-tax.)
4. Neurosurgeon
(1,108,071,776 LBP per year, pre-tax.)
(1,103,346,164 LBP per year, pre-tax.)
6. Urologist
(1,079,234,675 LBP per year, pre-tax.)
(1,078,809,332 LBP per year, pre-tax.)
(1,078,388,733 LBP per year, pre-tax.)
(1,074,144,669 LBP per year, pre-tax.)
(1,072,787,021 LBP per year, pre-tax.)
Data as of 2025Random salary:
Graphic designer web (130,167,099 LBP per year, pre-tax.)
Gas station attendant (44,003,280 LBP per year, pre-tax.)
Attorney investigative (210,115,662 LBP per year, pre-tax.)
Business account manager (105,607,872 LBP per year, pre-tax.)
Registered massage therapist (129,012,515 LBP per year, pre-tax.)
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optisalary.com provides salary figures exclusively for reference purposes. While we strive for accuracy, we do not ensure the precision of all figures. Users must double-check salary details with reliable organizations before making financial plans. Salary estimates can vary based on numerous factors, such as geographic location, experience, and job role. We accept no responsibility for misinterpretations in the pay estimates provided. By using this website, you acknowledge that salary data is not absolute.
This website displays salary figures exclusively for informational purposes. While we strive for accuracy, we do not ensure the validity of all figures. Users should double-check salary details with official sources before making financial plans. Salary amounts may fluctuate based on numerous elements, such as geographic location, experience, and job role. We assume no responsibility for misinterpretations in the pay estimates provided. By accessing optisalary.com, you acknowledge that salary data is not absolute.