Escrow representative vs credit administrator

The differences between escrow representatives and credit administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both an escrow representative and a credit administrator. Additionally, a credit administrator has an average salary of $59,271, which is higher than the $52,342 average annual salary of an escrow representative.

The top three skills for an escrow representative include customer service, property taxes and RESPA. The most important skills for a credit administrator are financial statements, credit card payments, and real estate.

Escrow representative vs credit administrator overview

	Escrow Representative	Credit Administrator
Yearly salary	$52,342	$59,271
Hourly rate	$25.16	$28.50
Growth rate	4%	-8%
Number of jobs	1,624	55,726
Job satisfaction	-	2
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 63%
Average age	39	39
Years of experience	2	2

Escrow representative vs credit administrator salary

Escrow representatives and credit administrators have different pay scales, as shown below.

	Escrow Representative	Credit Administrator
Average salary	$52,342	$59,271
Salary range	Between $39,000 And $70,000	Between $33,000 And $106,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	BNY Mellon
Best paying industry	-	-

Differences between escrow representative and credit administrator education

There are a few differences between an escrow representative and a credit administrator in terms of educational background:

	Escrow Representative	Credit Administrator
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 63%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Escrow representative vs credit administrator demographics

Here are the differences between escrow representatives' and credit administrators' demographics:

	Escrow Representative	Credit Administrator
Average age	39	39
Gender ratio	Male, 31.9% Female, 68.1%	Male, 28.4% Female, 71.6%
Race ratio	Black or African American, 6.5% Unknown, 2.8% Hispanic or Latino, 10.6% Asian, 10.7% White, 69.1% American Indian and Alaska Native, 0.3%	Black or African American, 8.1% Unknown, 2.7% Hispanic or Latino, 10.0% Asian, 9.4% White, 69.5% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between escrow representative and credit administrator duties and responsibilities

Escrow representative example responsibilities.

Conduct in-services on managing patients with chemotherapy-induce anemia to nursing staff at inpatient and outpatient facilities, providing treatment algorithms.
Train to immediately recognize various commercial and government plans and redirect patients, as necessary, to correct medical facility.
Manage escrow department for title insurance company.

Credit administrator example responsibilities.

Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Utilize computer software including QuickBooks to maintain account activity and ensure accuracy; reconcile inaccuracies between invoices and accounts receivable payments.
Utilize computer software including QuickBooks to maintain account activity and ensure accuracy; reconcile inaccuracies between invoices and accounts receivable payments.

Escrow representative vs credit administrator skills

Common escrow representative skills

Customer Service, 30%
Property Taxes, 12%
RESPA, 11%
Residential Loans, 11%
FHA, 10%
Account Numbers, 6%

Common credit administrator skills

Financial Statements, 6%
Credit Card Payments, 6%
Real Estate, 5%
Customer Service, 5%
Loan Portfolio, 5%
Credit Policy, 4%

Escrow Representative vs. similar jobs

Escrow Representative related careers

Escrow Representative related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Escrow Representative
Escrow Representative vs Credit Administrator

Updated January 8, 2025

Browse business and financial jobs