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Loan originator vs finance analyst assistant

The differences between loan originators and finance analyst assistants 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 originator, becoming a finance analyst assistant takes usually requires 2-4 years. Additionally, a finance analyst assistant has an average salary of $68,159, which is higher than the $41,291 average annual salary of a loan originator.

The top three skills for a loan originator include customer service, origination and FHA. The most important skills for a finance analyst assistant are financial statements, data analysis, and financial analysis.

Loan originator vs finance analyst assistant overview

Loan OriginatorFinance Analyst Assistant
Yearly salary$41,291$68,159
Hourly rate$19.85$32.77
Growth rate4%9%
Number of jobs10,71694,676
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 69%
Average age4540
Years of experience64

Loan originator vs finance analyst assistant salary

Loan originators and finance analyst assistants have different pay scales, as shown below.

Loan OriginatorFinance Analyst Assistant
Average salary$41,291$68,159
Salary rangeBetween $28,000 And $60,000Between $44,000 And $104,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateSouth DakotaNew York
Best paying companyCentennial BankMoody's
Best paying industryTransportationFinance

Differences between loan originator and finance analyst assistant education

There are a few differences between a loan originator and a finance analyst assistant in terms of educational background:

Loan OriginatorFinance Analyst Assistant
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Loan originator vs finance analyst assistant demographics

Here are the differences between loan originators' and finance analyst assistants' demographics:

Loan OriginatorFinance Analyst Assistant
Average age4540
Gender ratioMale, 54.0% Female, 46.0%Male, 36.1% Female, 63.9%
Race ratioBlack or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 16.1% Asian, 6.4% White, 63.2% American Indian and Alaska Native, 0.5%Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage8%7%

Differences between loan originator and finance analyst assistant duties and responsibilities

Loan originator example responsibilities.

  • Supervise and manage the processing staff and also underwrite conventional loans for correspondent lenders.
  • Complete yearly the NMLS continuing education requirements.
  • Direct lender with FNMA while maintaining all loan servicing.
  • Increase revenues and product awareness by cross-selling service lines and packages.
  • Complete a rigorous training program and have obtained 25 NMLS state licensing requirements to be a loan originator.
  • Review FHA case number assignments, mortgage credit rejects and refinances authorizations to determine qualification.
  • Show more

Finance analyst assistant example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Used SQL to analyze data in multiple databases.
  • Extract and collect data from Bloomberg and other economical software.
  • Serve as a knowledge resource particularly for SAS, SQL, Informix and the data warehouse.
  • Develop and edit visual presentations utilizing Microsoft PowerPoint.
  • Research and analyze investment funds using Bloomberg analytics.
  • Show more

Loan originator vs finance analyst assistant skills

Common loan originator skills
  • Customer Service, 18%
  • Origination, 9%
  • FHA, 6%
  • Va, 6%
  • Phone Calls, 6%
  • Excellent Interpersonal, 5%
Common finance analyst assistant skills
  • Financial Statements, 28%
  • Data Analysis, 5%
  • Financial Analysis, 5%
  • Purchase Orders, 5%
  • Payroll, 4%
  • Financial Reports, 3%

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