Post job

Mortgage analyst education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a mortgage analyst. Mortgage analysts usually study business, finance, or accounting. 71% of mortgage analysts hold a bachelor's degree, and 12% hold an associate degree. We analyzed 1,241 real mortgage analyst resumes to see exactly what mortgage analyst education sections show.

The most common colleges for mortgage analysts are the University of Phoenix and the University of Phoenix.

There are also many online mortgage analyst courses to help get the education required to be a mortgage analyst.

What education do you need to become a mortgage analyst?

What degree do you need to be a mortgage analyst?

The most common degree for mortgage analysts is bachelor's degree, with 71% of mortgage analysts earning that degree. The second and third most common degree levels are associate degree degree at 12% and associate degree degree at 8%.
  • Bachelor's, 71%
  • Associate, 12%
  • Master's, 8%
  • High School Diploma, 5%
  • Other Degrees, 4%

What should I major in to become a mortgage analyst?

You should major in business to become a mortgage analyst. 37% of mortgage analysts major in business. Other common majors for a mortgage analyst include finance and accounting.

Most common colleges for mortgage analysts

Mortgage analysts often get their degrees at University of Phoenix, University of North Texas, and New York University. Here are the most common colleges for mortgage analysts in the US based on their resumes.
Mortgage analyst common collegePercentages
University of Phoenix11.38%
University of North Texas6.50%
New York University5.69%
University of Maryland - College Park5.69%
University of Iowa5.69%

Best majors for mortgage analysts

RankMajorPercentages
1Business36.8%
2Finance13.2%
3Accounting8.9%
4Economics4.8%
5Psychology4.6%

Best colleges for mortgage analysts

The best colleges for mortgage analysts are Northwestern University, University of Pennsylvania, and University of Southern California.

A mortgage analyst with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for mortgage analysts. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become mortgage analysts.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-state tuition

$9,808

Enrollment

13,990

5. Villanova University

Villanova, PA • Private

In-state tuition

$53,308

Enrollment

6,819

6. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

7. Bentley University

Waltham, MA • Private

In-state tuition

$49,880

Enrollment

4,177

8. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

10. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

20 best online courses for mortgage analysts

Advertising disclosure

1. U.S. Residential Real Estate, Property & Mortgage Business

udemy
4.6
(2,324)

Property & Mortgage Underwriting Loan Processing Financial Analysis Mortgage Operations Origination...

2. Become a Mortgage Loan Processor

udemy
4.6
(3,074)

Finibi Mortgage CEO, Joe Correa, teaches you how to become a mortgage loan processor...

3. Mastering the Pre-qualification Process of a Mortgage Loan

udemy
4.3
(257)

CEO and Founder of Finibi Mortgage teaches you how to pre-qualify borrowers from start to finish...

4. Advanced Mortgage Loan Processor: Essential Skills Training

udemy
4.5
(764)

Finibi Mortgage CEO, Joe Correa, teaches you how to take your mortgage loan processor career to the next level...

5. Start a Profitable Career as a Mortgage Loan Originator

udemy
4.3
(371)

Learn from the president and CEO of Finibi Mortgage, Joe Correa, how the entire mortgage process works...

6. Loan Processor & MLO Mortgage Math: Problems & Solutions

udemy
4.7
(271)

Mortgage skills training and SAFE Mortgage Loan Originator Licensing Exam math prep with 115 problems & solutions...

7. Mortgage Backed Securities (MBS): Basic to Advanced

udemy
4.8
(896)

Financial Markets MBS Asset Securitization Mortgage Loans Cash Flows CMOs PAC Bond Tranches...

8. Audit - Financial Statement

udemy
4.4
(2,545)

Master the Art of Auditing Financial Statements: In-Depth Analysis, Techniques, and Real-World Case Studies...

9. Multifamily Real Estate Underwriting Masterclass

udemy
4.3
(270)

Learn how you can start underwriting deals today!...

10. The Complete Financial Analyst Course 2023

udemy
4.6
(79,743)

Excel, Accounting, Financial Statement Analysis, Business Analysis, Financial Math, Power Point: Everything is Included!...

11. Real Estate Acquisitions 101

udemy
4.7
(1,176)

How To Identify Commercial Properties, Run Due Diligence, Raise Capital, and Close Commercial Real Estate Transactions...

12. The Credit Analyst Training course

udemy
4.1
(3,058)

Learn the complete Credit Risk Analysis skills for jobs in Banks, Asset Management & Credit Rating Agencies...

13. The Complete Financial Analyst Training & Investing Course

udemy
4.6
(30,958)

Succeed as a Financial Analyst &Investor by Award Winning MBA Prof who worked @Goldman, in Hedge Funds & Venture Capital...

14. Financial Statement Analysis

udemy
4.7
(255)

Learn how to make understanding financial statements your superpower!...

15. Financial Modeling for Business Analysts and Consultants

udemy
4.4
(1,523)

Learn Financial Modeling in Excel that will allow you to participate in due diligence, strategy or turn around projects...

16. The Real Estate Financial Modeling Bootcamp

udemy
4.8
(8,299)

The Complete A to Z Guide to Modeling Real Estate Transactions in Microsoft Excel For Smarter Real Estate Investing...

17. Financial Statement Auditing Cycles

udemy
4.3
(251)

In this course, we learn how public accountants plan and execute an audit...

18. Financial Statements: Balance Sheet, Income Stmt, Cash Flow

udemy
4.5
(574)

How To Quickly Read & Understand The Big 3 Financial Statements: Balance Sheet, Income Statement, Cash Flow Statement...

19. The Advanced Real Estate Financial Modeling Bootcamp

udemy
4.8
(1,270)

The Complete Guide To Advanced Real Estate Financial Modeling For Real Estate Investment Professionals...

20. Real Estate Math Made Easy: Pass Your Licensing Exam

udemy
4.4
(802)

Get Over Your Math Anxiety to Pass Your Real Estate Licensing Exam and Build A Successful Real Estate Career!...

Top 10 most affordable universities for mortgage analysts

The most affordable schools for mortgage analysts are Baruch College of the City University of New York, usf sarasota-manatee, and suny farmingdale.

If the best universities for mortgage analysts are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for mortgage analysts.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

3. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

4. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

5. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

6. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

7. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

8. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

9. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

10. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

Top 10 hardest universities to get into for mortgage analysts

The hardest universities for mortgage analysts to get into are Northwestern University, University of Pennsylvania, and University of Southern California.

Some great schools for mortgage analysts are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for mortgage analysts based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

4. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

5. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

6. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

7. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

8. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

9. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

10. University of Rochester

Rochester, NY • Private

Admissions rate

29%

SAT average

1,422

Top 10 easy-to-apply-to universities for mortgage analysts

The easiest schools for mortgage analysts to get into are Oklahoma Wesleyan University, holy names university, and barry university.

Some schools are much easier to get into. If you want to start your career as a mortgage analyst without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for mortgage analysts.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

3. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

4. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

5. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

6. La Roche College

Pittsburgh, PA • Private

Admissions rate

99%

SAT average

1,008

7. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

8. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

9. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

10. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

Average mortgage analyst salary by education level

According to our data, mortgage analysts with a Bachelor's degree earn the highest average salary, at $40,235 annually. Mortgage analysts with a Associate degree earn an average annual salary of $27,709.
Mortgage analyst education levelMortgage analyst salary
Bachelor's Degree$40,235
Some College/ Associate Degree$27,709

Mortgage analyst education FAQs

Search for mortgage analyst jobs

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Browse business and financial jobs