Home > Salary > Nepal > 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: 877,763 NPR
Estimated Monthly Salary: 73,147 NPR
Estimated Weekly Salary: 16,880 NPR per week
Estimated Hourly Salary: 422 NPR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 70,427 NPR
Estimated Weekly Salary: 16,252 NPR per week
Estimated Hourly Salary: 406 NPR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 6,295 USD
Estimated Monthly Salary: 525 USD
Estimated Weekly Salary: 121 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: 877,763 NPR
Estimated Monthly Salary: 73,147 NPR
Estimated Weekly Salary: 16,880 NPR per week
Estimated Hourly Salary: 422 NPR per hour
By working as Mortgage Loan Closer a person can save up to 231 USD per month or 2,772 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 Nepal, see costs of living in Nepal.
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 Nepal
Average Yearly Salary of Mortgage Loan Closer in Nepal is approximately 877,763 NPR (6,295 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: 877,763 NPR
Estimated Monthly Salary: 73,147 NPR
Estimated Weekly Salary: 16,880 NPR per week
Estimated Hourly Salary: 422 NPR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 845,120 NPREstimated Monthly Salary: 70,427 NPR
Estimated Weekly Salary: 16,252 NPR per week
Estimated Hourly Salary: 406 NPR per hour
Last revision of data: 2024-01-03Mortgage Loan Closer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,295 USD
Estimated Monthly Salary: 525 USD
Estimated Weekly Salary: 121 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
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Country:
Salary comparison to National average
Nepal is a landlocked country situated in South Asia. It is bordered by China to the north and India to the south, east, and west. With a population of approximately 30 million people, Nepal is known for its rich cultural heritage and diverse ethnic groups. The country covers an area of about 147,516 square kilometers, making it relatively small in size compared to its neighboring countries.
Estimated national average yearly salary is 935,997 NPR (7,340 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Closer job salary compared to average salary in Nepal.
Comparison shows that a person working as Mortgage Loan Closer in Nepal earns on average:
0.94 times the average salary (or 94% of average salary).
Estimated national average yearly salary is 935,997 NPR (7,340 USD). Value indicated is pre-tax. Below graph shows estimated Mortgage Loan Closer job salary compared to average salary in Nepal.
Comparison shows that a person working as Mortgage Loan Closer in Nepal 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 965,539 NPR and 1,272,756 NPR. However this is an estimation based on Gaussian Distribution.How much can you save working as Mortgage Loan Closer in Nepal?
Living in Nepal the approximate monthly expenses are: 294 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: 877,763 NPR
Estimated Monthly Salary: 73,147 NPR
Estimated Weekly Salary: 16,880 NPR per week
Estimated Hourly Salary: 422 NPR per hour
By working as Mortgage Loan Closer a person can save up to 231 USD per month or 2,772 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 Nepal, see costs of living in Nepal.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, China. 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
India is 19,176 USD
China is 10,996 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 Nepal
(10,629,349 NPR per year, pre-tax.)
2. Cardiologist
(8,881,157 NPR per year, pre-tax.)
(8,585,789 NPR per year, pre-tax.)
(8,315,793 NPR per year, pre-tax.)
5. Neurosurgeon
(8,292,742 NPR per year, pre-tax.)
6. Urologist
(8,100,616 NPR per year, pre-tax.)
(8,093,498 NPR per year, pre-tax.)
(8,083,986 NPR per year, pre-tax.)
(8,083,401 NPR per year, pre-tax.)
10. Dermatologist
(8,081,087 NPR per year, pre-tax.)
Data as of 2025Random salary:
Casting technician (479,665 NPR per year, pre-tax.)
Energy management specialist (926,315 NPR per year, pre-tax.)
Office clerk general (421,749 NPR per year, pre-tax.)
Data manager (1,355,367 NPR per year, pre-tax.)
It application development manager (2,317,838 NPR per year, pre-tax.)
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