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Loan supervisor vs loan administrator

The differences between loan supervisors and loan administrators 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 supervisor and a loan administrator. Additionally, a loan supervisor has an average salary of $67,504, which is higher than the $42,859 average annual salary of a loan administrator.

The top three skills for a loan supervisor include customer service, real estate and financial statements. The most important skills for a loan administrator are customer service, data entry, and loan administration.

Loan supervisor vs loan administrator overview

Loan SupervisorLoan Administrator
Yearly salary$67,504$42,859
Hourly rate$32.45$20.61
Growth rate4%4%
Number of jobs9,60663,708
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 58%
Average age4545
Years of experience66

Loan supervisor vs loan administrator salary

Loan supervisors and loan administrators have different pay scales, as shown below.

Loan SupervisorLoan Administrator
Average salary$67,504$42,859
Salary rangeBetween $46,000 And $98,000Between $31,000 And $59,000
Highest paying City-Seattle, WA
Highest paying state-Hawaii
Best paying company-BNY Mellon
Best paying industry-Finance

Differences between loan supervisor and loan administrator education

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

Loan SupervisorLoan Administrator
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Loan supervisor vs loan administrator demographics

Here are the differences between loan supervisors' and loan administrators' demographics:

Loan SupervisorLoan Administrator
Average age4545
Gender ratioMale, 36.4% Female, 63.6%Male, 23.2% Female, 76.8%
Race ratioBlack or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.5% American Indian and Alaska Native, 0.5%Black or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 16.2% Asian, 6.4% White, 63.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between loan supervisor and loan administrator duties and responsibilities

Loan supervisor example responsibilities.

  • Manage loan origination underwriting and funding teams for dealer and consumer financial products and services.
  • Receive loans originate by multiple loan officers, gather all necessary documentation and submit complete underwriting packages to lenders.
  • Analyze mortgagors for approval of HAMP or traditional modification.

Loan administrator example responsibilities.

  • Manage a multifacete commercial real estate investment firm.
  • Pull OFAC on all borrowers.
  • Order third party reports such as appraisals, titles, and OFAC information.
  • Order on FHA loans in a timely and efficient manner to meet month end deadlines.
  • Present and sell financial benefits of a variety of FHA, VA, and conventional loans.
  • Coordinate and maintain loans for adherence to credit policy as well as guidelines in keeping compliant with SBA regulations.
  • Show more

Loan supervisor vs loan administrator skills

Common loan supervisor skills
  • Customer Service, 14%
  • Real Estate, 13%
  • Financial Statements, 9%
  • Escrow, 7%
  • Mortgage Loans, 6%
  • Direct Reports, 5%
Common loan administrator skills
  • Customer Service, 14%
  • Data Entry, 5%
  • Loan Administration, 5%
  • Loan Processing, 5%
  • Financial Statements, 4%
  • Due Diligence, 4%

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