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Field officer vs consumer loan underwriter

The differences between field officers and consumer loan underwriters can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a field officer and a consumer loan underwriter. Additionally, a consumer loan underwriter has an average salary of $53,525, which is higher than the $37,148 average annual salary of a field officer.

The top three skills for a field officer include scheme, technical assistance and data collection. The most important skills for a consumer loan underwriter are financial statements, loan applications, and strong analytical.

Field officer vs consumer loan underwriter overview

Field OfficerConsumer Loan Underwriter
Yearly salary$37,148$53,525
Hourly rate$17.86$25.73
Growth rate4%4%
Number of jobs101,41817,495
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 66%
Average age4545
Years of experience66

Field officer vs consumer loan underwriter salary

Field officers and consumer loan underwriters have different pay scales, as shown below.

Field OfficerConsumer Loan Underwriter
Average salary$37,148$53,525
Salary rangeBetween $25,000 And $53,000Between $37,000 And $76,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Marcus & Millichap
Best paying industry-Finance

Differences between field officer and consumer loan underwriter education

There are a few differences between a field officer and a consumer loan underwriter in terms of educational background:

Field OfficerConsumer Loan Underwriter
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 66%
Most common majorCriminal JusticeBusiness
Most common collegeSUNY at BinghamtonUniversity of Pennsylvania

Field officer vs consumer loan underwriter demographics

Here are the differences between field officers' and consumer loan underwriters' demographics:

Field OfficerConsumer Loan Underwriter
Average age4545
Gender ratioMale, 68.7% Female, 31.3%Male, 42.6% Female, 57.4%
Race ratioBlack or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 16.1% Asian, 6.4% White, 63.2% American Indian and Alaska Native, 0.5%Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.5% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between field officer and consumer loan underwriter duties and responsibilities

Field officer example responsibilities.

  • Work with and lead operators, effectively conveying information, ensuring successful wireline operation performance.
  • Work with other team members and local contractors, authorities, agencies and NGOs to solve projects problems.
  • Establish and maintain appropriate systems to monitor, evaluate and report on all operational activities including logistics and program implementation.
  • Work with and lead operators, effectively conveying information, ensuring successful wireline operation performance.

Consumer loan underwriter example responsibilities.

  • Ensure proper coding are accomplished by determining the appropriate code in accordance with ICD-9 and CPT guidelines.
  • Innovate technical solutions, including development of complex macros within MSP, to automate work and reduce manual processes
  • Manage a pipeline of fund TRID loans for completeness so they can be deliver and purchase by the required investor.
  • Manage the organization's HMDA data and accurately complete the government reporting annually.
  • Render underwritten decisions and subsequently clear conditions per underwriting policies and procedures, including knowledge of FNMA and FMLMC guidelines.
  • Generate and distribute IRB committee meeting minutes in accordance with appropriate federal regulations.
  • Show more

Field officer vs consumer loan underwriter skills

Common field officer skills
  • Scheme, 23%
  • Technical Assistance, 8%
  • Data Collection, 8%
  • Emergency Situations, 7%
  • Field Supervision, 6%
  • Logistics, 6%
Common consumer loan underwriter skills
  • Financial Statements, 12%
  • Loan Applications, 11%
  • Strong Analytical, 8%
  • Credit Reports, 7%
  • Credit Decisions, 6%
  • Compliance Reviews, 4%

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