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Foreclosure clerk vs bookkeeper

The differences between foreclosure clerks and bookkeepers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a foreclosure clerk and a bookkeeper. Additionally, a bookkeeper has an average salary of $40,337, which is higher than the $32,734 average annual salary of a foreclosure clerk.

The top three skills for a foreclosure clerk include data entry functions, management system and sale date. The most important skills for a bookkeeper are payroll tax returns, customer service, and reconciliations.

Foreclosure clerk vs bookkeeper overview

Foreclosure ClerkBookkeeper
Yearly salary$32,734$40,337
Hourly rate$15.74$19.39
Growth rate-5%-5%
Number of jobs66,37538,481
Job satisfaction-5
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 46%
Average age5151
Years of experience66

Foreclosure clerk vs bookkeeper salary

Foreclosure clerks and bookkeepers have different pay scales, as shown below.

Foreclosure ClerkBookkeeper
Average salary$32,734$40,337
Salary rangeBetween $28,000 And $37,000Between $30,000 And $52,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-NTT Data International L.L.C.
Best paying industry-Manufacturing

Differences between foreclosure clerk and bookkeeper education

There are a few differences between a foreclosure clerk and a bookkeeper in terms of educational background:

Foreclosure ClerkBookkeeper
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 46%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Foreclosure clerk vs bookkeeper demographics

Here are the differences between foreclosure clerks' and bookkeepers' demographics:

Foreclosure ClerkBookkeeper
Average age5151
Gender ratioMale, 19.4% Female, 80.6%Male, 15.4% Female, 84.6%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 5.6% White, 68.2% American Indian and Alaska Native, 0.6%Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between foreclosure clerk and bookkeeper duties and responsibilities

Foreclosure clerk example responsibilities.

  • Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
  • Provide publications to client websites via LPS, Vendorscape, or Lenstar.
  • File delinquent mortgage notices with FHA, VA, and PMI.
  • Collect vehicle information and VIN inspections.
  • File necessary foreclosure claims with FHA, VA, and PMI.
  • Copy documents as requested for public and foreclosure mediation or AOC staff; process small copy work requests.
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Bookkeeper example responsibilities.

  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Perform journal entries, balance ledger, perform bank reconciliations, control inventory, coordinate proper guest accommodation.
  • Post and update of daily sales and purchases into QuickBooks system.
  • Execute monthly collection of Medicaid surplus funds from clients on a monthly basis.
  • Post resident receipts, Medicaid remittance, and process adjusting entries to the A/R detail.
  • Work closely with QC personnel for the planning of tooling and the flow process of PWB's.
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Foreclosure clerk vs bookkeeper skills

Common foreclosure clerk skills
  • Data Entry Functions, 45%
  • Management System, 15%
  • Sale Date, 12%
  • Office Equipment, 11%
  • Demand Letters, 10%
  • Mortgage Loans, 8%
Common bookkeeper skills
  • Payroll Tax Returns, 12%
  • Customer Service, 10%
  • Reconciliations, 10%
  • Data Entry, 7%
  • Journal Entries, 5%
  • Financial Transactions, 4%

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