Field officer vs loan originator

The differences between field officers and loan originators 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 originator. Additionally, a loan originator has an average salary of $41,291, 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 originator are customer service, origination, and FHA.

Field officer vs loan originator overview

	Field Officer	Loan Originator
Yearly salary	$37,148	$41,291
Hourly rate	$17.86	$19.85
Growth rate	4%	4%
Number of jobs	101,418	10,716
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 61%
Average age	45	45
Years of experience	6	6

Field officer vs loan originator salary

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

	Field Officer	Loan Originator
Average salary	$37,148	$41,291
Salary range	Between $25,000 And $53,000	Between $28,000 And $60,000
Highest paying City	-	New York, NY
Highest paying state	-	South Dakota
Best paying company	-	Centennial Bank
Best paying industry	-	Transportation

Differences between field officer and loan originator education

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

	Field Officer	Loan Originator
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 61%
Most common major	Criminal Justice	Business
Most common college	SUNY at Binghamton	University of Pennsylvania

Field officer vs loan originator demographics

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

	Field Officer	Loan Originator
Average age	45	45
Gender ratio	Male, 68.7% Female, 31.3%	Male, 54.0% Female, 46.0%
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, 16.1% Asian, 6.4% White, 63.2% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between field officer and loan originator 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 originator example responsibilities.

Supervise and manage the processing staff and also underwrite conventional loans for correspondent lenders.
Complete yearly the NMLS continuing education requirements.
Direct lender with FNMA while maintaining all loan servicing.
Increase revenues and product awareness by cross-selling service lines and packages.
Complete a rigorous training program and have obtained 25 NMLS state licensing requirements to be a loan originator.
Review FHA case number assignments, mortgage credit rejects and refinances authorizations to determine qualification.

Field officer vs loan originator skills

Common field officer skills

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

Common loan originator skills

Customer Service, 18%
Origination, 9%
FHA, 6%
Va, 6%
Phone Calls, 6%
Excellent Interpersonal, 5%