Post job

Foreclosure clerk vs finance coordinator

The differences between foreclosure clerks and finance coordinators 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 finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, 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 finance coordinator are patients, customer service, and payroll.

Foreclosure clerk vs finance coordinator overview

Foreclosure ClerkFinance Coordinator
Yearly salary$32,734$49,358
Hourly rate$15.74$23.73
Growth rate-5%-5%
Number of jobs66,375106,187
Job satisfaction-5
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 58%
Average age5151
Years of experience66

Foreclosure clerk vs finance coordinator salary

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

Foreclosure ClerkFinance Coordinator
Average salary$32,734$49,358
Salary rangeBetween $28,000 And $37,000Between $34,000 And $71,000
Highest paying City-Washington, DC
Highest paying state-Maryland
Best paying company-McKinsey & Company Inc
Best paying industry-Professional

Differences between foreclosure clerk and finance coordinator education

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

Foreclosure ClerkFinance Coordinator
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Foreclosure clerk vs finance coordinator demographics

Here are the differences between foreclosure clerks' and finance coordinators' demographics:

Foreclosure ClerkFinance Coordinator
Average age5151
Gender ratioMale, 19.4% Female, 80.6%Male, 22.1% Female, 77.9%
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, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between foreclosure clerk and finance coordinator 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.
  • Show more

Finance coordinator example responsibilities.

  • Manage patient and insurance account receivables, perform patient account reconciliations, account audits, process insurance billing/correspondence.
  • Construct posts featuring highlights of past events on Facebook.
  • Enter EOB payments and denials and perform follow up with insurance company on denials.
  • Create promotional flyers for annual concerts and fundraisers which are posted through via Facebook and local areas.
  • Review and process EOB's daily, entering comments into the bill comment log as to status of follow up.
  • Produce basic PowerPoint presentation materials, including graphical renderings for illustration.
  • Show more

Foreclosure clerk vs finance coordinator 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 finance coordinator skills
  • Patients, 21%
  • Customer Service, 11%
  • Payroll, 5%
  • Reconciliations, 4%
  • Data Entry, 3%
  • Insurance Benefits, 3%

Browse office and administrative jobs