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Foreclosure specialist education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a foreclosure specialist. Foreclosure specialists usually study business, legal support services, or criminal justice. 50% of foreclosure specialists hold a bachelor's degree, and 23% hold an associate degree. We analyzed 5,083 real foreclosure specialist resumes to see exactly what foreclosure specialist education sections show.

The most common colleges for foreclosure specialists are the University of Phoenix and the University of Phoenix.

There are also many online foreclosure specialist courses to help get the education required to be a foreclosure specialist.

There are certain foreclosure specialist certifications that you should consider. These foreclosure specialist certifications include Certified Billing and Coding Specialist (CBCS) and Certified Resume Specialist: Accounting and Finance (CRS+AF).

What education do you need to become a foreclosure specialist?

What degree do you need to be a foreclosure specialist?

The most common degree for foreclosure specialists is bachelor's degree, with 50% of foreclosure specialists earning that degree. The second and third most common degree levels are associate degree degree at 23% and associate degree degree at 14%.
  • Bachelor's, 50%
  • Associate, 23%
  • High School Diploma, 14%
  • Master's, 5%
  • Other Degrees, 8%

What should I major in to become a foreclosure specialist?

You should major in business to become a foreclosure specialist. 33% of foreclosure specialists major in business. Other common majors for a foreclosure specialist include legal support services and criminal justice.

Most common colleges for foreclosure specialists

Foreclosure specialists often get their degrees at University of Phoenix, University of North Texas, and Florida State College at Jacksonville. Here are the most common colleges for foreclosure specialists in the US based on their resumes.
Foreclosure specialist common collegePercentages
University of Phoenix19.16%
University of North Texas12.07%
Florida State College at Jacksonville8.66%
The University of Texas at Arlington6.04%
California State University - Northridge5.51%

Best majors for foreclosure specialists

RankMajorPercentages
1Business33.1%
2Legal Support Services6.7%
3Criminal Justice6.6%
4Accounting6.4%
5Finance6.0%

Best colleges for foreclosure specialists

The best colleges for foreclosure specialists are Northwestern University, University of Pennsylvania, and Stanford University.

A foreclosure specialist with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for foreclosure specialists. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become foreclosure specialists.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

5. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

6. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

7. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

8. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

9. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

10. Harvard University

Cambridge, MA • Private

In-state tuition

$50,420

Enrollment

7,582

20 best online courses for foreclosure specialists

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Top 10 most affordable universities for foreclosure specialists

The most affordable schools for foreclosure specialists are Baruch College of the City University of New York, suny farmingdale, and brooklyn college of the city university of new york.

If the best universities for foreclosure specialists are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for foreclosure specialists.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

3. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

4. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

5. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

6. California State University - Fullerton

Fullerton, CA • Private

In-state tuition

$6,886

Cost of attendance

17,645

7. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

8. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

9. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

10. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

Top 10 hardest universities to get into for foreclosure specialists

The hardest universities for foreclosure specialists to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for foreclosure specialists are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for foreclosure specialists based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

4. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

5. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

6. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

7. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

8. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

9. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

10. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

Top 10 easy-to-apply-to universities for foreclosure specialists

The easiest schools for foreclosure specialists to get into are Oklahoma Wesleyan University, holy names university, and university of houston - downtown.

Some schools are much easier to get into. If you want to start your career as a foreclosure specialist without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for foreclosure specialists.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. University of Houston - Downtown

Houston, TX • Private

Admissions rate

83%

SAT average

1,012

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

6. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

7. Oregon Institute of Technology

Klamath Falls, OR • Private

Admissions rate

96%

SAT average

1,139

8. Grand View University

Des Moines, IA • Private

Admissions rate

92%

SAT average

1,060

9. Fresno Pacific University

Fresno, CA • Private

Admissions rate

85%

SAT average

1,053

10. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

Average foreclosure specialist salary by education level

Foreclosure specialists with a Master's degree earn more than those without, at $49,332 annually. With a Bachelor's degree, foreclosure specialists earn a median annual income of $41,730 compared to $36,370 for foreclosure specialists with an Associate degree.
Foreclosure specialist education levelForeclosure specialist salary
Master's Degree$49,332
Bachelor's Degree$41,730
Some College/ Associate Degree$36,370

Foreclosure specialist education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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