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The differences between mortgage assistants and assistants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a mortgage assistant, becoming an assistant takes usually requires 1-2 years. Additionally, an assistant has an average salary of $37,363, which is higher than the $33,961 average annual salary of a mortgage assistant.
The top three skills for a mortgage assistant include data entry, mortgage loans and loan applications. The most important skills for an assistant are patients, customer service, and patient care.
| Mortgage Assistant | Assistant | |
| Yearly salary | $33,961 | $37,363 |
| Hourly rate | $16.33 | $17.96 |
| Growth rate | -3% | -8% |
| Number of jobs | 5,147 | 557,900 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 49% |
| Average age | 42 | 50 |
| Years of experience | 4 | 2 |
A mortgage assistant, sometimes referred to as a loan officer assistant, works directly with clients and members of the office to meet set organization goals. Their key responsibilities include reviewing loan applications, preparing letters for credit for clients, offering administrative support to supervising loan officers, and providing customer service to clients. They are also required to use computer programs to track loan processing and billing. This role requires customer service experience and knowledge of relevant computer software.
An assistant intern is responsible for facilitating administrative and clerical tasks as assigned by the management. Assistant interns' duties include keeping records of meetings, receiving calls and handling customer inquiries, assisting on writing reports and data entry processing, cooperating and providing support for business events, and adhering to company policies and regulatory procedures. Successful assistant interns must have excellent time-management, multi-tasking, and communication skills. They must be a team player and fast-learner to handle various tasks in the corporate industry.
Mortgage assistants and assistants have different pay scales, as shown below.
| Mortgage Assistant | Assistant | |
| Average salary | $33,961 | $37,363 |
| Salary range | Between $26,000 And $43,000 | Between $16,000 And $82,000 |
| Highest paying City | Rockville, MD | Boston, MA |
| Highest paying state | West Virginia | Massachusetts |
| Best paying company | DFCU Financial | Latham & Watkins |
| Best paying industry | Professional | Education |
There are a few differences between a mortgage assistant and an assistant in terms of educational background:
| Mortgage Assistant | Assistant | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between mortgage assistants' and assistants' demographics:
| Mortgage Assistant | Assistant | |
| Average age | 42 | 50 |
| Gender ratio | Male, 21.6% Female, 78.4% | Male, 40.7% Female, 59.3% |
| Race ratio | Black or African American, 12.0% Unknown, 4.4% Hispanic or Latino, 13.7% Asian, 7.9% White, 61.5% American Indian and Alaska Native, 0.4% | Black or African American, 9.4% Unknown, 3.9% Hispanic or Latino, 16.4% Asian, 3.8% White, 65.7% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 7% | 6% |