What is an escrow closer and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being an escrow closer. For example, did you know that they make an average of $20.96 an hour? That's $43,588 a year! Between 2018 and 2028, the career is expected to grow 5% and produce 30,100 job opportunities across the U.S.
ScoreEscrow CloserUS Average
Salary
3.4

Avg. Salary $43,588

Avg. Salary $59,228

Stability Level
6.4

Growth Rate 5%

Growth Rate 0.3%

Diversity
3.3
Race

American Indian and Alaska Native 0.32%

Asian 6.43%

Black or African American 5.35%

Hispanic or Latino 13.40%

Unknown 4.32%

White 70.18%

Gender

female 89.61%

male 10.39%

Age - 50
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 50
Stress Level
6.4

Stress level is manageable

7.1 - high

Complexity Level
7.0

Complexity Level is challenging

7 - challenging

Work Life Balance
2.5

Work Life balance is poor

6.4 - fair

Escrow Closer career paths

Key steps to become an escrow closer

  1. Explore escrow closer education requirements

    Most common escrow closer degrees

    Bachelor's

    45.5 %

    Associate

    26.1 %

    High School Diploma

    15.8 %
  2. Start to develop specific escrow closer skills

    Skills
    ascdesc
    Percentages
    ascdesc
    Settlement Statements25.43%
    Notary15.05%
    Real Estate Contracts12.54%
    Title Insurance9.70%
    Estate Closings8.47%
  3. Complete relevant escrow closer training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New escrow closers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an escrow closer based on U.S. Bureau of Labor Statistics data and data from real escrow closer resumes.
  4. Research escrow closer duties and responsibilities

    • Manage escrow department for title insurance company.
    • Coordinate REO property closings with agents, lenders and buyers.
    • Officiate and serve as notary public for residential real estate transactions.
    • Process purchase transactions for buyers and sellers by ordering payoffs, HOA, bills, utilities etc.
  5. Prepare your escrow closer resume

    When your background is strong enough, you can start writing your escrow closer resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an escrow closer resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Escrow Closer Resume templates

    Build a professional Escrow Closer resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Escrow Closer resume.
    Escrow Closer Resume
    Escrow Closer Resume
    Escrow Closer Resume
    Escrow Closer Resume
    Escrow Closer Resume
    Escrow Closer Resume
    Escrow Closer Resume
    Escrow Closer Resume
    Escrow Closer Resume
  6. Apply for escrow closer jobs

    Now it's time to start searching for an escrow closer job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Escrow Closer Job

Zippi

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Average escrow closer salary

The average Escrow Closer salary in the United States is $43,588 per year or $21 per hour. Escrow closer salaries range between $31,000 and $61,000 per year.

Average Escrow Closer Salary
$43,588 Yearly
$20.96 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.