Loan secretary vs secretary

The differences between loan secretaries and secretaries 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 secretary, becoming a secretary takes usually requires 1-2 years. Additionally, a secretary has an average salary of $36,442, which is higher than the $35,271 average annual salary of a loan secretary.

The top three skills for a loan secretary include customer service, real estate loans and financial statements. The most important skills for a secretary are customer service, telephone calls, and payroll.

Loan secretary vs secretary overview

	Loan Secretary	Secretary
Yearly salary	$35,271	$36,442
Hourly rate	$16.96	$17.52
Growth rate	-3%	-8%
Number of jobs	15,452	69,315
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 37%	Bachelor's Degree, 38%
Average age	42	50
Years of experience	4	2

Loan secretary vs secretary salary

Loan secretaries and secretaries have different pay scales, as shown below.

	Loan Secretary	Secretary
Average salary	$35,271	$36,442
Salary range	Between $26,000 And $46,000	Between $26,000 And $51,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Lewis Brisbois Bisgaard & Smith
Best paying industry	-	Government

Differences between loan secretary and secretary education

There are a few differences between a loan secretary and a secretary in terms of educational background:

	Loan Secretary	Secretary
Most common degree	Bachelor's Degree, 37%	Bachelor's Degree, 38%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Loan secretary vs secretary demographics

Here are the differences between loan secretaries' and secretaries' demographics:

	Loan Secretary	Secretary
Average age	42	50
Gender ratio	Male, 3.6% Female, 96.4%	Male, 10.1% Female, 89.9%
Race ratio	Black or African American, 12.7% Unknown, 4.9% Hispanic or Latino, 13.8% Asian, 6.3% White, 61.8% American Indian and Alaska Native, 0.6%	Black or African American, 9.4% Unknown, 3.9% Hispanic or Latino, 16.5% Asian, 3.9% White, 65.7% American Indian and Alaska Native, 0.7%
LGBT Percentage	7%	6%

Differences between loan secretary and secretary duties and responsibilities

Loan secretary example responsibilities.

Prepare and file UCC's and title applications.
Process auto title work, life insurance, UCC filing and recording.
Review loan files, facilitate and verify loss mitigation application request, determine eligibility for clients requesting foreclosure financial assistance.
Determine loan DU eligibility and submit files to underwriting department.

Secretary example responsibilities.

Manage and oversee all STO relate actions task to OSD impacting future and current operations in STO.
Manage financial bookkeeping efficiently for the company using QuickBooks.
Lead DoD team that assist Pakistan in gaining military capabilities to conduct counter-terrorism operations against the Taliban.
Present information orally, using Microsoft PowerPoint to military officials on various office and personnel administrative functions.
Track progress monitoring for corrective reading and corrective math.
Copy and distribute medical records according to guidelines set by HIPPA

Loan secretary vs secretary skills

Common loan secretary skills

Customer Service, 28%
Real Estate Loans, 8%
Financial Statements, 8%
Commercial Loans, 6%
Credit Reports, 6%
Computer System, 4%

Common secretary skills

Customer Service, 15%
Telephone Calls, 11%
Payroll, 9%
Scheduling Appointments, 9%
Word Processing, 5%
Office Equipment, 5%