Mortgage loan specialist demographics and statistics in the US
Mortgage loan specialist demographics research summary. Zippia estimates mortgage loan specialist demographics and statistics in the United States by using a database of 30 million profiles. Our mortgage loan specialist estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about mortgage loan specialists after extensive research and analysis:
- There are over 167,299 mortgage loan specialists currently employed in the United States.
- 66.1% of all mortgage loan specialists are women, while 33.9% are men.
- The average mortgage loan specialist age is 41 years old.
- The most common ethnicity of mortgage loan specialists is White (59.7%), followed by Hispanic or Latino (14.4%), Black or African American (13.3%) and Asian (7.7%).
- In 2022, women earned 96% of what men earned.
- 7% of all mortgage loan specialists are LGBT.
- Mortgage loan specialists are 65% more likely to work at private companies in comparison to public companies.
On this page
Mortgage loan specialist demographics by:
Mortgage loan specialist gender statistics
66.1% of mortgage loan specialists are women and 33.9% of mortgage loan specialists are men.
- Female, 66.1%
- Male, 33.9%
Mortgage loan specialist gender ratio
| Gender | Percentages |
|---|---|
| Female | 66.1% |
| Male | 33.9% |
Mortgage loan specialist gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$42,055
Female income
$40,399
Mortgage loan specialist gender ratio over time
This data breaks down the percentage of men and women in mortgage loan specialist positions over time. Currently, 66.1% of mortgage loan specialists are female.
Mortgage loan specialist gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 24.49% | 75.51% |
| 2011 | 28.11% | 71.89% |
| 2012 | 27.35% | 72.65% |
| 2013 | 29.33% | 70.67% |
| 2014 | 27.42% | 72.58% |
| 2015 | 29.81% | 70.19% |
| 2016 | 31.61% | 68.39% |
| 2017 | 34.00% | 66.00% |
| 2018 | 33.90% | 66.10% |
| 2019 | 31.41% | 68.59% |
| 2020 | 32.95% | 67.05% |
| 2021 | 33.88% | 66.12% |
Mortgage loan specialist related jobs gender ratio
We compared mortgage loan specialists with similar job titles to see how gender ratios vary. As you can see, technical service advisor and courtesy associate have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Loan Secretary | 4% | 96% |
| Dental Receptionist | 5% | 95% |
| Receptionist Secretary | 6% | 94% |
| Mortgage Loan Specialist | 34% | 66% |
| Lead Ramp Agent | 86% | 14% |
| Courtesy Associate | 88% | 12% |
| Technical Service Advisor | 89% | 11% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Mortgage loan specialist demographics by race
The most common ethnicity among mortgage loan specialists is White, which makes up 59.7% of all mortgage loan specialists. Comparatively, 14.4% of mortgage loan specialists are Hispanic or Latino and 13.3% of mortgage loan specialists are Black or African American.
- White, 59.7%
- Hispanic or Latino, 14.4%
- Black or African American, 13.3%
- Asian, 7.7%
- Unknown, 4.4%
- American Indian and Alaska Native, 0.5%
Mortgage loan specialist race
| Mortgage loan specialist race | Percentages |
|---|---|
| White | 59.7% |
| Hispanic or Latino | 14.4% |
| Black or African American | 13.3% |
| Asian | 7.7% |
| Unknown | 4.4% |
| American Indian and Alaska Native | 0.5% |
Mortgage loan specialist race and ethnicity over time
See how mortgage loan specialist racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Mortgage loan specialist race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 63.80% | 12.44% | 7.14% | 14.19% |
| 2011 | 63.24% | 12.53% | 7.25% | 14.13% |
| 2012 | 64.76% | 13.50% | 6.18% | 13.09% |
| 2013 | 61.82% | 15.25% | 7.43% | 12.97% |
| 2014 | 62.27% | 12.02% | 7.55% | 15.61% |
| 2015 | 64.31% | 13.42% | 7.67% | 11.95% |
| 2016 | 65.80% | 11.53% | 6.78% | 13.59% |
| 2017 | 63.00% | 12.64% | 7.36% | 14.80% |
| 2018 | 64.55% | 12.27% | 7.92% | 12.53% |
| 2019 | 66.82% | 8.75% | 6.33% | 15.39% |
| 2020 | 63.40% | 11.25% | 8.09% | 13.13% |
| 2021 | 59.72% | 13.35% | 7.70% | 14.45% |
Mortgage loan specialist wage gap by race
According to our data, hispanic or latino mortgage loan specialists have the highest average salary compared to other ethnicities. Black or african american mortgage loan specialists have the lowest average salary at $38,148.
| Ethnicity | Salary |
|---|---|
| Unknown | $43,206 |
| White | $42,358 |
| Black or African American | $38,148 |
| Asian | $42,974 |
| Hispanic or Latino | $43,843 |
Average mortgage loan specialist age
See how the average age of mortgage loan specialists varies based on ethnicity and gender.
Male
Female
Mortgage loan specialist age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 32 | 43 |
| White | 34 | 43.5 |
| Black or African American | 38 | 38 |
| Asian | 41 | 45.5 |
| Hispanic or Latino | 39 | 38.5 |
Mortgage loan specialist age breakdown
The average age of mortgage loan specialists is 40+ years years old, representing 54% of the mortgage loan specialist population.
Mortgage loan specialist age breakdown
| Mortgage Loan Specialist Years | Percentages |
|---|---|
| 40+ years | 54% |
| 30-40 years | 28% |
| 20-30 years | 18% |
Mortgage loan specialist educational attainment
The most common degree for mortgage loan specialists is bachelor's degree, with 56% of mortgage loan specialists earning that degree. The second and third most common degree levels are associate degree degree at 20% and associate degree degree at 12%.
- Bachelor's, 56%
- Associate, 20%
- High School Diploma, 12%
- Master's, 4%
- Other Degrees, 8%
Mortgage loan specialists by degree level
| Mortgage loan specialist degree | Percentages |
|---|---|
| Bachelor's | 56% |
| Associate | 20% |
| High School Diploma | 12% |
| Master's | 4% |
| Other Degrees | 8% |
Mortgage loan specialist jobs you might like
Mortgage loan specialist wage gap by degree level
According to the data, mortgage loan specialists with a Bachelor's degree earn more than those without, at $45,301 annually. With a High School Diploma degree, mortgage loan specialists earn a median annual income of $41,327 compared to $41,045 for mortgage loan specialists with an Associate degree.
| Education | Salary |
|---|---|
| High School Diploma or Less | $41,327 |
| Bachelor's Degree | $45,301 |
| Some College/ Associate Degree | $41,045 |
Mortgage loan specialist employment statistics
Most mortgage loan specialists work for a private in the finance industry.
Company size where mortgage loan specialists work
Below, you can see the size of companies where mortgage loan specialists work.
Mortgage loan specialist jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 21% |
| 100 - 500 employees | 21% |
| 500 - 1,000 employees | 9% |
| 1,000 - 10,000 employees | 25% |
| > 10,000 employees | 19% |
Mortgage loan specialist jobs by company type
Employees with the mortgage loan specialist job title have their preferences when it comes to working for a company. For instance, most mortgage loan specialists prefer to work at private companies over public companies.
Mortgage loan specialist jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 33% |
| Private | 65% |
| Government | 1% |
Mortgage loan specialist jobs by industry
The most common industries for mortgage loan specialists are finance, professional and technology.
Mortgage loan specialist industry statistics
| Industry | Percentages |
|---|---|
| Finance | 59% |
| Fortune 500 | 10% |
| Professional | 7% |
| Technology | 4% |
| Insurance | 3% |
| Real Estate | 3% |
| Manufacturing | 2% |
| Hospitality | 2% |
| Retail | 1% |
| Media | 1% |
| Energy | 1% |
| Non Profits | 1% |
| Health Care | 1% |
| Construction | 1% |
| Education | 1% |
| Start-up | 1% |
| Telecommunication | 1% |
Mortgage loan specialist turnover and employment statistics
Mortgage loan specialist unemployment rate over time
The unemployment rate for mortgage loan specialists between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Mortgage loan specialist unemployment rate by year
| Year | Mortgage loan specialist unemployment rate |
|---|---|
| 2010 | 11.22% |
| 2011 | 9.54% |
| 2012 | 6.27% |
| 2013 | 5.49% |
| 2014 | 7.20% |
| 2015 | 3.15% |
| 2016 | 3.20% |
| 2017 | 2.30% |
| 2018 | 2.81% |
| 2019 | 2.16% |
| 2020 | 2.86% |
| 2021 | 2.21% |
Average mortgage loan specialist tenure
The average mortgage loan specialist stays at their job for 1-2 years, based on the 2,626 mortgage loan specialists resumes in Zippia's database.
Mortgage loan specialist tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 22% |
| 1-2 years | 40% |
| 3-4 years | 16% |
| 5-7 years | 12% |
| 8-10 years | 5% |
| 11+ years | 5% |
Mortgage loan specialist LGBT ratio compared to similar jobs
Review the percent of mortgage loan specialists that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Welfare Eligibility Interviewer | 6.73% | 1,877 |
| Mortgage Loan Specialist | 6.78% | - |
| Service Advisor | 7.19% | 222,424 |
| Document Scanner | 8.60% | 3,124 |
| Credit Processor | 8.99% | 11,088 |
| Library Technical Assistant | 11.16% | 68,948 |
| Human Resources Technician | 15.31% | 39,846 |
Similar mortgage loan specialist jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Welfare Eligibility Interviewer | 6.73% | 1,877 |
| Service Advisor | 7.19% | 222,424 |
| Document Scanner | 8.60% | 3,124 |
| Credit Processor | 8.99% | 11,088 |
| Library Technical Assistant | 11.16% | 68,948 |
| Human Resources Technician | 15.31% | 39,846 |
Foreign languages spoken by mortgage loan specialists
The most common foreign language among mortgage loan specialists is Spanish at 54.4%. The second-most popular foreign language spoken is German at 7.4% and French is the third-most popular at 5.9%.
- Spanish, 54.4%
- German, 7.4%
- French, 5.9%
- Polish, 5.9%
- Chinese, 2.9%
- Other, 23.5%
Mortgage loan specialist languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 54.4% |
| German | 7.4% |
| French | 5.9% |
| Polish | 5.9% |
| Chinese | 2.9% |
| Other | 23.5% |
