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Loan doc specialist vs certified medical technician

The differences between loan doc specialists 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 doc specialist, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a certified medical technician has an average salary of $38,859, which is higher than the $38,480 average annual salary of a loan doc specialist.

The top three skills for a loan doc specialist include customer service, organization and origination. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Loan doc specialist vs certified medical technician overview

Loan DOC SpecialistCertified Medical Technician
Yearly salary$38,480$38,859
Hourly rate$18.50$18.68
Growth rate-3%5%
Number of jobs31,243164,424
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 28%
Average age4244
Years of experience412

What does a loan doc specialist do?

A loan document specialist is a person who gathers loan documents from the client to help them with the approval of their mortgage, credit, and lease application for a business, home, and school needs. They are responsible for combining the data that is needed and then reviewing and compiling it according to loan requirements and guidelines. A loan document specialist also communicates with the client if there are any problems and additional documents that are needed. Furthermore, the specialist is a person who knows how to manage loans and has organizational and management skills.

What does a certified medical technician do?

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 doc specialist vs certified medical technician salary

Loan doc specialists and certified medical technicians have different pay scales, as shown below.

Loan DOC SpecialistCertified Medical Technician
Average salary$38,480$38,859
Salary rangeBetween $25,000 And $58,000Between $28,000 And $53,000
Highest paying CityJersey City, NJDenton, TX
Highest paying stateWest VirginiaAlaska
Best paying companyValley Children'sFavorite Healthcare Staffing
Best paying industryFinanceHealth Care

Differences between loan doc specialist and certified medical technician education

There are a few differences between a loan doc specialist and a certified medical technician in terms of educational background:

Loan DOC SpecialistCertified Medical Technician
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common collegeUniversity of PennsylvaniaUniversity of Connecticut

Loan doc specialist vs certified medical technician demographics

Here are the differences between loan doc specialists' and certified medical technicians' demographics:

Loan DOC SpecialistCertified Medical Technician
Average age4244
Gender ratioMale, 29.0% Female, 71.0%Male, 20.4% Female, 79.6%
Race ratioBlack or African American, 11.2% Unknown, 4.5% Hispanic or Latino, 14.5% Asian, 8.6% White, 60.8% 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 Percentage7%8%

Differences between loan doc specialist and certified medical technician duties and responsibilities

Loan doc specialist example responsibilities.

  • Manage a pipeline of FHA and conforming conventional mortgage loans for refinance and purchase through closing.
  • Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
  • Pull LDP/GSA list, FHA CAIVR numbers, VA certificate of eligibility, VA case numbers and VA appraisals.
  • Schedule loan closing and review final HUD-1 to verify fees are appropriate and within guidelines.
  • Review final HUD-1, payment plan, calculations and closing documents for accuracy, prepare package for funding to review.
  • Make sound business decisions base on credit risk policy and procedures in accordance with TILA, ECOA, and RESPA guidelines.
  • Show more

Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
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Loan doc specialist vs certified medical technician skills

Common loan doc specialist skills
  • Customer Service, 10%
  • Organization, 7%
  • Origination, 6%
  • Loan Types, 5%
  • Title Commitments, 5%
  • FHA, 5%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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