Post job

Field officer vs senior loan officer

The differences between field officers and senior loan officers 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 senior loan officer. Additionally, a senior loan officer has an average salary of $37,162, 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 senior loan officer are customer service, loan applications, and origination.

Field officer vs senior loan officer overview

Field OfficerSenior Loan Officer
Yearly salary$37,148$37,162
Hourly rate$17.86$17.87
Growth rate4%4%
Number of jobs101,41865,807
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 66%
Average age4545
Years of experience66

Field officer vs senior loan officer salary

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

Field OfficerSenior Loan Officer
Average salary$37,148$37,162
Salary rangeBetween $25,000 And $53,000Between $29,000 And $46,000
Highest paying City-Miami, FL
Highest paying state-Hawaii
Best paying company-Salal Credit Union
Best paying industry-Finance

Differences between field officer and senior loan officer education

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

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

Field officer vs senior loan officer demographics

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

Field OfficerSenior Loan Officer
Average age4545
Gender ratioMale, 68.7% Female, 31.3%Male, 69.4% Female, 30.6%
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, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between field officer and senior loan officer 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.

Senior loan officer example responsibilities.

  • Oversee the loan origination process from inception to completion and initiate aggressive business growth opportunities in a highly competitive market.
  • Maintain close relationships with loan processors and problem-solve upcoming issues to ensure quality loan origination and minimize last-minute conditions of approval.
  • Prepare FNMA 1003 and RESPA documents.
  • Underwrite over 30 FNMA modification loans determining terms of trial and permanent modifications.
  • Utilize automated underwriting engines to assess credit and collateral risk conventional and FHA lending.
  • Establish communication with escrow officers, processors, loan officers and underwriter regarding loan status and/or missing information.
  • Show more

Field officer vs senior loan officer skills

Common field officer skills
  • Scheme, 23%
  • Technical Assistance, 8%
  • Data Collection, 8%
  • Emergency Situations, 7%
  • Field Supervision, 6%
  • Logistics, 6%
Common senior loan officer skills
  • Customer Service, 15%
  • Loan Applications, 11%
  • Origination, 10%
  • Business Relationships, 5%
  • FHA, 5%
  • Va, 5%

Browse business and financial jobs