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The differences between farm mortgage agents and real estate loan officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a farm mortgage agent, becoming a real estate loan officer takes usually requires 4-6 years. Additionally, a real estate loan officer has an average salary of $90,206, which is higher than the $36,756 average annual salary of a farm mortgage agent.
The top three skills for a farm mortgage agent include real estate, loan applications and mortgage loans. The most important skills for a real estate loan officer are real estate loans, mortgage loans, and business development.
| Farm Mortgage Agent | Real Estate Loan Officer | |
| Yearly salary | $36,756 | $90,206 |
| Hourly rate | $17.67 | $43.37 |
| Growth rate | -3% | 4% |
| Number of jobs | 49,210 | 82,581 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 66% |
| Average age | 45 | 45 |
| Years of experience | 2 | 6 |
Farm mortgage agents and real estate loan officers have different pay scales, as shown below.
| Farm Mortgage Agent | Real Estate Loan Officer | |
| Average salary | $36,756 | $90,206 |
| Salary range | Between $29,000 And $46,000 | Between $56,000 And $144,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a farm mortgage agent and a real estate loan officer in terms of educational background:
| Farm Mortgage Agent | Real Estate Loan Officer | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between farm mortgage agents' and real estate loan officers' demographics:
| Farm Mortgage Agent | Real Estate Loan Officer | |
| Average age | 45 | 45 |
| Gender ratio | Male, 50.4% Female, 49.6% | Male, 54.6% Female, 45.4% |
| Race ratio | Black or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.8% Asian, 6.3% White, 63.6% American Indian and Alaska Native, 0.5% | Black or African American, 8.4% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.4% White, 64.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |