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Loan examiner vs loan officer assistant

The differences between loan examiners and loan officers assistant can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a loan examiner and a loan officer assistant. Additionally, a loan examiner has an average salary of $61,785, which is higher than the $45,681 average annual salary of a loan officer assistant.

The top three skills for a loan examiner include credit risk, credit quality and internal controls. The most important skills for a loan officer assistant are customer service, origination, and loan process.

Loan examiner vs loan officer assistant overview

Loan ExaminerLoan Officer Assistant
Yearly salary$61,785$45,681
Hourly rate$29.70$21.96
Growth rate4%4%
Number of jobs10,80565,094
Job satisfaction-4
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 53%
Average age4545
Years of experience66

Loan examiner vs loan officer assistant salary

Loan examiners and loan officers assistant have different pay scales, as shown below.

Loan ExaminerLoan Officer Assistant
Average salary$61,785$45,681
Salary rangeBetween $44,000 And $86,000Between $28,000 And $72,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Stifel Financial
Best paying industry-Finance

Differences between loan examiner and loan officer assistant education

There are a few differences between a loan examiner and a loan officer assistant in terms of educational background:

Loan ExaminerLoan Officer Assistant
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 53%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaSUNY at Binghamton

Loan examiner vs loan officer assistant demographics

Here are the differences between loan examiners' and loan officers assistant' demographics:

Loan ExaminerLoan Officer Assistant
Average age4545
Gender ratioMale, 59.0% Female, 41.0%Male, 28.8% Female, 71.2%
Race ratioBlack or African American, 10.4% Unknown, 4.7% Hispanic or Latino, 14.4% Asian, 5.7% White, 64.3% American Indian and Alaska Native, 0.5%Black or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.3% White, 63.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between loan examiner and loan officer assistant duties and responsibilities

Loan examiner example responsibilities.

  • Innovate technical solutions, including development of complex macros within MSP, to automate work and reduce manual processes
  • Blood collection by venipuncture and capillary technique ensure all specimens are collect accurately, on time and according to establish procedures.
  • Determine document validity base on HUD requirements.

Loan officer assistant example responsibilities.

  • Supervise and manage the processing staff and also underwrite conventional loans for correspondent lenders.
  • Collect and organize sales and listing data for files, assemble all data in accordance with Fannie Mae and FHA guidelines.
  • Field incoming requests for VA home loans.
  • Review loans for REPSA and HMDA guidelines, compliance and require documents.
  • Check RESPA for compliance and re-disclose for any loan changes or fee corrections.
  • Review documents and ensure all applicable disclosures are in loan file according to RESPA guidelines.
  • Show more

Loan examiner vs loan officer assistant skills

Common loan examiner skills
  • Credit Risk, 27%
  • Credit Quality, 23%
  • Internal Controls, 18%
  • Consumer Complaints, 14%
  • Problem Loans, 9%
  • Compliance Examinations, 9%
Common loan officer assistant skills
  • Customer Service, 28%
  • Origination, 9%
  • Loan Process, 6%
  • Loan Origination, 5%
  • FHA, 5%
  • Va, 5%

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