Loan documentation specialist demographics and statistics in the US
Loan documentation specialist demographics research summary. Zippia estimates loan documentation specialist demographics and statistics in the United States by using a database of 30 million profiles. Our loan documentation specialist estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about loan documentation specialists after extensive research and analysis:
- There are over 41,006 loan documentation specialists currently employed in the United States.
- 70.1% of all loan documentation specialists are women, while 29.9% are men.
- The average loan documentation specialist age is 41 years old.
- The most common ethnicity of loan documentation specialists is White (62.9%), followed by Hispanic or Latino (12.3%), Black or African American (11.8%) and Asian (8.2%).
- In 2022, women earned 98% of what men earned.
- 7% of all loan documentation specialists are LGBT.
- Loan documentation specialists are 52% more likely to work at private companies in comparison to public companies.
On this page
Loan documentation specialist demographics by:
Loan documentation specialist gender statistics
70.1% of loan documentation specialists are women and 29.9% of loan documentation specialists are men.
- Female, 70.1%
- Male, 29.9%
Loan documentation specialist gender ratio
| Gender | Percentages |
|---|---|
| Female | 70.1% |
| Male | 29.9% |
Loan documentation specialist gender pay gap
Women earn 98¢ for every $1 earned by men
Male income
$36,374
Female income
$35,554
Loan documentation specialist gender ratio over time
This data breaks down the percentage of men and women in loan documentation specialist positions over time. Currently, 70.1% of loan documentation specialists are female.
Loan documentation specialist gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 21.28% | 78.72% |
| 2011 | 24.58% | 75.42% |
| 2012 | 23.88% | 76.12% |
| 2013 | 25.70% | 74.30% |
| 2014 | 23.94% | 76.06% |
| 2015 | 26.14% | 73.86% |
| 2016 | 27.80% | 72.20% |
| 2017 | 30.03% | 69.97% |
| 2018 | 29.95% | 70.05% |
| 2019 | 27.62% | 72.38% |
| 2020 | 29.05% | 70.95% |
| 2021 | 29.92% | 70.08% |
Loan documentation specialist related jobs gender ratio
We compared loan documentation specialists with similar job titles to see how gender ratios vary. As you can see, technical service advisor and courtesy associate have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Loan Secretary | 4% | 96% |
| Dental Receptionist | 5% | 95% |
| Receptionist Secretary | 6% | 94% |
| Loan Documentation Specialist | 30% | 70% |
| Lead Ramp Agent | 86% | 14% |
| Courtesy Associate | 88% | 12% |
| Technical Service Advisor | 89% | 11% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Loan documentation specialist demographics by race
The most common ethnicity among loan documentation specialists is White, which makes up 62.9% of all loan documentation specialists. Comparatively, 12.3% of loan documentation specialists are Hispanic or Latino and 11.8% of loan documentation specialists are Black or African American.
- White, 62.9%
- Hispanic or Latino, 12.3%
- Black or African American, 11.8%
- Asian, 8.2%
- Unknown, 4.4%
- American Indian and Alaska Native, 0.4%
Loan documentation specialist race
| Loan documentation specialist race | Percentages |
|---|---|
| White | 62.9% |
| Hispanic or Latino | 12.3% |
| Black or African American | 11.8% |
| Asian | 8.2% |
| Unknown | 4.4% |
| American Indian and Alaska Native | 0.4% |
Loan documentation specialist race and ethnicity over time
See how loan documentation specialist racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Loan documentation specialist race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 66.98% | 10.87% | 7.59% | 12.07% |
| 2011 | 66.42% | 10.96% | 7.71% | 12.02% |
| 2012 | 67.94% | 11.93% | 6.64% | 10.97% |
| 2013 | 65.00% | 13.68% | 7.89% | 10.85% |
| 2014 | 65.44% | 10.45% | 8.00% | 13.49% |
| 2015 | 67.49% | 11.85% | 8.13% | 9.83% |
| 2016 | 68.98% | 9.96% | 7.23% | 11.47% |
| 2017 | 66.18% | 11.07% | 7.81% | 12.68% |
| 2018 | 67.72% | 10.70% | 8.37% | 10.42% |
| 2019 | 69.99% | 7.18% | 6.79% | 13.27% |
| 2020 | 66.58% | 9.68% | 8.55% | 11.02% |
| 2021 | 62.90% | 11.78% | 8.16% | 12.33% |
Loan documentation specialist wage gap by race
According to our data, hispanic or latino loan documentation specialists have the highest average salary compared to other ethnicities. Black or african american loan documentation specialists have the lowest average salary at $34,416.
| Ethnicity | Salary |
|---|---|
| Unknown | $36,936 |
| White | $36,523 |
| Black or African American | $34,416 |
| Asian | $36,824 |
| Hispanic or Latino | $37,244 |
Average loan documentation specialist age
See how the average age of loan documentation specialists varies based on ethnicity and gender.
Male
Female
Loan documentation specialist age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 32 | 43 |
| White | 34 | 43.5 |
| Black or African American | 38 | 38 |
| Asian | 41 | 45.5 |
| Hispanic or Latino | 39 | 38.5 |
Loan documentation specialist age breakdown
The average age of loan documentation specialists is 40+ years years old, representing 54% of the loan documentation specialist population.
Loan documentation specialist age breakdown
| Loan Documentation Specialist Years | Percentages |
|---|---|
| 40+ years | 54% |
| 30-40 years | 28% |
| 20-30 years | 18% |
Loan documentation specialist educational attainment
The most common degree for loan documentation specialists is bachelor's degree, with 59% of loan documentation specialists earning that degree. The second and third most common degree levels are associate degree degree at 20% and associate degree degree at 10%.
- Bachelor's, 59%
- Associate, 20%
- High School Diploma, 10%
- Master's, 5%
- Other Degrees, 6%
Loan documentation specialists by degree level
| Loan documentation specialist degree | Percentages |
|---|---|
| Bachelor's | 59% |
| Associate | 20% |
| High School Diploma | 10% |
| Master's | 5% |
| Other Degrees | 6% |
Loan documentation specialist jobs you might like
Loan documentation specialist wage gap by degree level
According to the data, loan documentation specialists with a Bachelor's degree earn more than those without, at $37,943 annually. With a High School Diploma degree, loan documentation specialists earn a median annual income of $36,016 compared to $35,876 for loan documentation specialists with an Associate degree.
| Education | Salary |
|---|---|
| High School Diploma or Less | $36,016 |
| Bachelor's Degree | $37,943 |
| Some College/ Associate Degree | $35,876 |
Loan documentation specialist employment statistics
Most loan documentation specialists work for a private in the finance industry.
Company size where loan documentation specialists work
Below, you can see the size of companies where loan documentation specialists work.
Loan documentation specialist jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 16% |
| 100 - 500 employees | 27% |
| 500 - 1,000 employees | 8% |
| 1,000 - 10,000 employees | 25% |
| > 10,000 employees | 19% |
Loan documentation specialist jobs by company type
Employees with the loan documentation specialist job title have their preferences when it comes to working for a company. For instance, most loan documentation specialists prefer to work at private companies over public companies.
Loan documentation specialist jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 46% |
| Private | 52% |
| Government | 1% |
Loan documentation specialist jobs by industry
The most common industries for loan documentation specialists are finance, professional and technology.
Loan documentation specialist industry statistics
| Industry | Percentages |
|---|---|
| Finance | 67% |
| Professional | 10% |
| Fortune 500 | 9% |
| Real Estate | 2% |
| Hospitality | 2% |
| Technology | 2% |
| Media | 1% |
| Retail | 1% |
| Government | 1% |
| Energy | 1% |
| Health Care | 1% |
| Construction | 1% |
| Education | 1% |
| Manufacturing | 1% |
| Insurance | 1% |
Loan documentation specialist turnover and employment statistics
Loan documentation specialist unemployment rate over time
The unemployment rate for loan documentation specialists between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Loan documentation specialist unemployment rate by year
| Year | Loan documentation specialist unemployment rate |
|---|---|
| 2010 | 11.22% |
| 2011 | 9.54% |
| 2012 | 6.27% |
| 2013 | 5.49% |
| 2014 | 7.20% |
| 2015 | 3.15% |
| 2016 | 3.20% |
| 2017 | 2.30% |
| 2018 | 2.81% |
| 2019 | 2.16% |
| 2020 | 2.86% |
| 2021 | 2.21% |
Average loan documentation specialist tenure
The average loan documentation specialist stays at their job for 1-2 years, based on the 5,453 loan documentation specialists resumes in Zippia's database.
Loan documentation specialist tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 30% |
| 1-2 years | 38% |
| 3-4 years | 11% |
| 5-7 years | 10% |
| 8-10 years | 6% |
| 11+ years | 5% |
Loan documentation specialist LGBT ratio compared to similar jobs
Review the percent of loan documentation specialists that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Public Housing Interviewer | 6.73% | 10,942 |
| Loan Documentation Specialist | 6.78% | - |
| Passenger Relations Representative | 7.19% | 106,267 |
| Indexer | 8.60% | 991 |
| Commercial Loan Reviewer | 8.99% | 36,035 |
| Periodicals Clerk | 11.16% | 66,332 |
| Personnel Security Assistant | 15.31% | 44,808 |
Similar loan documentation specialist jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Public Housing Interviewer | 6.73% | 10,942 |
| Passenger Relations Representative | 7.19% | 106,267 |
| Indexer | 8.60% | 991 |
| Commercial Loan Reviewer | 8.99% | 36,035 |
| Periodicals Clerk | 11.16% | 66,332 |
| Personnel Security Assistant | 15.31% | 44,808 |
Foreign languages spoken by loan documentation specialists
The most common foreign language among loan documentation specialists is Spanish at 52.9%. The second-most popular foreign language spoken is French at 10.8% and Hmong is the third-most popular at 5.9%.
- Spanish, 52.9%
- French, 10.8%
- Hmong, 5.9%
- German, 4.9%
- Chinese, 2.9%
- Other, 22.6%
Loan documentation specialist languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 52.9% |
| French | 10.8% |
| Hmong | 5.9% |
| German | 4.9% |
| Chinese | 2.9% |
| Other | 22.6% |
