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Credit assessment analyst vs mortgage analyst

The differences between credit assessment analysts and mortgage analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a credit assessment analyst and a mortgage analyst. Additionally, a credit assessment analyst has an average salary of $93,073, which is higher than the $32,763 average annual salary of a mortgage analyst.

The top three skills for a credit assessment analyst include financial statements, and . The most important skills for a mortgage analyst are origination, financial statements, and excellent organizational.

Credit assessment analyst vs mortgage analyst overview

Credit Assessment AnalystMortgage Analyst
Yearly salary$93,073$32,763
Hourly rate$44.75$15.75
Growth rate-4%
Number of jobs6,65022,208
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 71%
Average age3939
Years of experience22

Credit assessment analyst vs mortgage analyst salary

Credit assessment analysts and mortgage analysts have different pay scales, as shown below.

Credit Assessment AnalystMortgage Analyst
Average salary$93,073$32,763
Salary rangeBetween $51,000 And $168,000Between $13,000 And $77,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Citi
Best paying industry--

Differences between credit assessment analyst and mortgage analyst education

There are a few differences between a credit assessment analyst and a mortgage analyst in terms of educational background:

Credit Assessment AnalystMortgage Analyst
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeSan Diego State UniversityUniversity of Pennsylvania

Credit assessment analyst vs mortgage analyst demographics

Here are the differences between credit assessment analysts' and mortgage analysts' demographics:

Credit Assessment AnalystMortgage Analyst
Average age3939
Gender ratioMale, 63.2% Female, 36.8%Male, 54.1% Female, 45.9%
Race ratioBlack or African American, 4.8% Unknown, 2.4% Hispanic or Latino, 7.4% Asian, 8.2% White, 76.9% American Indian and Alaska Native, 0.3%Black or African American, 8.2% Unknown, 2.7% Hispanic or Latino, 9.8% Asian, 9.6% White, 69.3% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between credit assessment analyst and mortgage analyst duties and responsibilities

Credit assessment analyst example responsibilities.

  • Utilize data manipulation and quantitative analysis using VBA macros, SQL and advance excel knowledge to manage credit risk exposure.
  • Reduce risk associate with mortgage-backed securities by providing quality assurance on the servicing and cash-flow reporting of all parties involve.
  • Reduce risk associate with mortgage-backed securities by providing quality assurance on the servicing and cash-flow reporting of all parties involve.

Mortgage analyst example responsibilities.

  • Manage a pipeline of fund TRID loans for completeness so they can be deliver and purchase by the required investor.
  • Examine bankruptcy documentation for possible misrepresentation of employment and income at the time of origination.
  • Review loan documents relating to origination, collateral valuations and perform accounting audits & research.
  • Work closely with attorneys on daily basis to discuss need documents and possible mitigation or litigation strategies on foreclosure and bankruptcy matters
  • Cite for excellence in interpersonal communications, teamwork, QC review, flexibility and reliability.

Credit assessment analyst vs mortgage analyst skills

Common credit assessment analyst skills
  • Financial Statements, 100%
Common mortgage analyst skills
  • Origination, 10%
  • Financial Statements, 8%
  • Excellent Organizational, 6%
  • Strong Analytical, 5%
  • Real Estate, 5%
  • Investor Guidelines, 4%

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