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The differences between mortgage loan counselors and savings counselors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a mortgage loan counselor and a savings counselor. Additionally, a savings counselor has an average salary of $53,252, which is higher than the $45,635 average annual salary of a mortgage loan counselor.
The top three skills for a mortgage loan counselor include customer service, FHA and loan process. The most important skills for a savings counselor are bank products, customer transactions, and budget preparation.
| Mortgage Loan Counselor | Savings Counselor | |
| Yearly salary | $45,635 | $53,252 |
| Hourly rate | $21.94 | $25.60 |
| Growth rate | -3% | 4% |
| Number of jobs | 38,488 | 27,415 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 51% |
| Average age | 45 | 45 |
| Years of experience | 2 | 2 |
Mortgage loan counselors and savings counselors have different pay scales, as shown below.
| Mortgage Loan Counselor | Savings Counselor | |
| Average salary | $45,635 | $53,252 |
| Salary range | Between $35,000 And $57,000 | Between $35,000 And $80,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a mortgage loan counselor and a savings counselor in terms of educational background:
| Mortgage Loan Counselor | Savings Counselor | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 51% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between mortgage loan counselors' and savings counselors' demographics:
| Mortgage Loan Counselor | Savings Counselor | |
| Average age | 45 | 45 |
| Gender ratio | Male, 39.6% Female, 60.4% | Male, 27.0% Female, 73.0% |
| Race ratio | Black 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, 9.5% Unknown, 4.7% Hispanic or Latino, 15.7% Asian, 6.6% White, 63.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |