Field officer vs loan consultant

The differences between field officers and loan consultants 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 loan consultant. Additionally, a loan consultant has an average salary of $38,876, 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 loan consultant are loan applications, origination, and customer service.

Field officer vs loan consultant overview

	Field Officer	Loan Consultant
Yearly salary	$37,148	$38,876
Hourly rate	$17.86	$18.69
Growth rate	4%	4%
Number of jobs	101,418	23,448
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 62%
Average age	45	45
Years of experience	6	6

Field officer vs loan consultant salary

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

	Field Officer	Loan Consultant
Average salary	$37,148	$38,876
Salary range	Between $25,000 And $53,000	Between $27,000 And $54,000
Highest paying City	-	Sioux Falls, SD
Highest paying state	-	South Dakota
Best paying company	-	Accion
Best paying industry	-	Finance

Differences between field officer and loan consultant education

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

	Field Officer	Loan Consultant
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 62%
Most common major	Criminal Justice	Business
Most common college	SUNY at Binghamton	University of Pennsylvania

Field officer vs loan consultant demographics

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

	Field Officer	Loan Consultant
Average age	45	45
Gender ratio	Male, 68.7% Female, 31.3%	Male, 57.2% Female, 42.8%
Race ratio	Black 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, 16.0% Asian, 6.4% White, 63.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between field officer and loan consultant 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.

Loan consultant example responsibilities.

Manage a multifacete commercial real estate investment firm.
Facilitate the entire residential loan transaction from underwriting under regulatory compliance, processing, loan origination and marketing.
Originate conventional, FHA, VA and PHFA mortgages, while establishing and maintaining relationships with referral sources.
Consult with attorneys, VA & FHA, appraisers, and construction and lending officials for loan conveyances and loan closings.
Validate income, assets and credit/liability documentation to support origination underwriting guidelines in addition to collection of supporting documentation.
Maintain a sound knowledge of investor guidelines, DU guidelines.

Field officer vs loan consultant skills

Common field officer skills

Scheme, 23%
Technical Assistance, 8%
Data Collection, 8%
Emergency Situations, 7%
Field Supervision, 6%
Logistics, 6%

Common loan consultant skills

Loan Applications, 21%
Origination, 11%
Customer Service, 9%
Financial Services, 6%
Inbound Calls, 5%
Business Development, 4%