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Loan officer assistant vs certified medical technician

The differences between loan officers assistant and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a loan officer assistant, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a loan officer assistant has an average salary of $45,681, which is higher than the $38,859 average annual salary of a certified medical technician.

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

Loan officer assistant vs certified medical technician overview

Loan Officer AssistantCertified Medical Technician
Yearly salary$45,681$38,859
Hourly rate$21.96$18.68
Growth rate4%5%
Number of jobs65,094164,424
Job satisfaction4-
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 28%
Average age4544
Years of experience612

What does a loan officer assistant do?

Loan Officer Assistants assist loan officers in processing the loan applications of clients. Loan officer assistants primarily work on the administrative tasks in the departments. They are in charge of managing documents, updating databases, and sorting files. Loan officer assistants may be assigned to review applications of clients. They should check whether both the application form and the supplementary documents are complete. They may also assess whether the clients meet the requirements for the loan. Upon checking, they manage the documents and package them for submission to the lender. Loan officer assistance may also be assigned to coordinate with lenders and update in-house policies according to the lenders' policies.

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 officer assistant vs certified medical technician salary

Loan officers assistant and certified medical technicians have different pay scales, as shown below.

Loan Officer AssistantCertified Medical Technician
Average salary$45,681$38,859
Salary rangeBetween $28,000 And $72,000Between $28,000 And $53,000
Highest paying CityNew York, NYDenton, TX
Highest paying stateNew YorkAlaska
Best paying companyStifel FinancialFavorite Healthcare Staffing
Best paying industryFinanceHealth Care

Differences between loan officer assistant and certified medical technician education

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

Loan Officer AssistantCertified Medical Technician
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common collegeSUNY at BinghamtonUniversity of Connecticut

Loan officer assistant vs certified medical technician demographics

Here are the differences between loan officers assistant' and certified medical technicians' demographics:

Loan Officer AssistantCertified Medical Technician
Average age4544
Gender ratioMale, 28.8% Female, 71.2%Male, 20.4% Female, 79.6%
Race ratioBlack 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%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 Percentage8%8%

Differences between loan officer assistant and certified medical technician duties and responsibilities

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

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.
  • Show more

Loan officer assistant vs certified medical technician skills

Common loan officer assistant skills
  • Customer Service, 28%
  • Origination, 9%
  • Loan Process, 6%
  • Loan Origination, 5%
  • FHA, 5%
  • Va, 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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