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The differences between loan closers and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a loan closer, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a loan closer has an average salary of $39,093, which is higher than the $38,859 average annual salary of a certified medical technician.
The top three skills for a loan closer include customer service, excellent organizational and TRID. The most important skills for a certified medical technician are patients, vital signs, and CPR.
| Loan Closer | Certified Medical Technician | |
| Yearly salary | $39,093 | $38,859 |
| Hourly rate | $18.79 | $18.68 |
| Growth rate | -3% | 5% |
| Number of jobs | 11,431 | 164,424 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 28% |
| Average age | 42 | 44 |
| Years of experience | 4 | 12 |
A loan closer is primarily in charge of handling and closing loan documentation, ensuring accuracy and smooth transactions. A loan closer's responsibilities revolve around liaising with clients to guarantee that they adhere to every term in the contract, preparing necessary reports and documents, monitoring payment progress, and ensuring that they have a deep understanding of the obligations under the contract. Furthermore, it is essential to maintain records of all transactions and assist clients, all while implementing the company's policies and regulations.
Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.
Loan closers and certified medical technicians have different pay scales, as shown below.
| Loan Closer | Certified Medical Technician | |
| Average salary | $39,093 | $38,859 |
| Salary range | Between $30,000 And $50,000 | Between $28,000 And $53,000 |
| Highest paying City | Bellevue, WA | Denton, TX |
| Highest paying state | Washington | Alaska |
| Best paying company | Tata Group | Favorite Healthcare Staffing |
| Best paying industry | Finance | Health Care |
There are a few differences between a loan closer and a certified medical technician in terms of educational background:
| Loan Closer | Certified Medical Technician | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 28% |
| Most common major | Business | Nursing |
| Most common college | University of Pennsylvania | University of Connecticut |
Here are the differences between loan closers' and certified medical technicians' demographics:
| Loan Closer | Certified Medical Technician | |
| Average age | 42 | 44 |
| Gender ratio | Male, 22.6% Female, 77.4% | Male, 20.4% Female, 79.6% |
| Race ratio | Black or African American, 12.9% Unknown, 4.3% Hispanic or Latino, 14.8% Asian, 7.0% White, 60.6% American Indian and Alaska Native, 0.4% | Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 8% |