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Processor vs title processor

The differences between processors and title processors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a title processor has an average salary of $42,096, which is higher than the $32,098 average annual salary of a processor.

The top three skills for a processor include data entry, customer service and patients. The most important skills for a title processor are data entry, title commitments, and customer service.

Processor vs title processor overview

ProcessorTitle Processor
Yearly salary$32,098$42,096
Hourly rate$15.43$20.24
Growth rate-3%5%
Number of jobs11,4487,068
Job satisfaction--
Most common degreeBachelor's Degree, 35%Bachelor's Degree, 38%
Average age5048
Years of experience12-

What does a processor do?

Processors are employees who deal with clients and ensure that the clients' requests are provided. Processors usually handle loans or any other related claims. They are in charge of managing the submission of the clients' rights. They communicate the requirements to clients, schedule appointments, receive requirements submitted by clients, validate the requirements, and endorse further processing and approval requirements. Processors act as the bridge between clients and other institutions. They also communicate the request's status to clients and assist should it be needed after approval.

What does a title processor do?

A title processor is a legal professional who works with clients applying for real estate title to ensure that all documents are submitted correctly. Title processors are required to compile all the necessary legal documents and information so that they can obtain the legal deed to the property. They must work closely with both buyer and the realtor to ensure that their filing is following all local regulations. Title processors can also work with companies to ensure that all the necessary company title documents are complete when they apply for insurance.

Processor vs title processor salary

Processors and title processors have different pay scales, as shown below.

ProcessorTitle Processor
Average salary$32,098$42,096
Salary rangeBetween $24,000 And $41,000Between $30,000 And $58,000
Highest paying CityRandolph, MALaurel, MD
Highest paying stateCaliforniaNew York
Best paying companyArgonne National LaboratoryBNP Paribas
Best paying industryFinanceInsurance

Differences between processor and title processor education

There are a few differences between a processor and a title processor in terms of educational background:

ProcessorTitle Processor
Most common degreeBachelor's Degree, 35%Bachelor's Degree, 38%
Most common majorBusinessBusiness
Most common college--

Processor vs title processor demographics

Here are the differences between processors' and title processors' demographics:

ProcessorTitle Processor
Average age5048
Gender ratioMale, 34.0% Female, 66.0%Male, 17.3% Female, 82.7%
Race ratioBlack or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%Black or African American, 4.1% Unknown, 3.8% Hispanic or Latino, 10.3% Asian, 7.2% White, 73.8% American Indian and Alaska Native, 0.9%
LGBT Percentage7%8%

Differences between processor and title processor duties and responsibilities

Processor example responsibilities.

  • Manage the project schedule and design the PowerPoint presentation.
  • Manage a monthly pipeline averaging 100 files from origination to funding per month as a Jr. processor.
  • Coach fellow team members to help attain higher QA and assist with CANDE questions to ensure efficiency.
  • Manage the ordering of homeowner's association estoppel letters for payoffs; as well as surveys and clear lien searches.
  • Obtain title policies and process title claims to expedite REO closings and obtain clear title to properties in numerous states.
  • Mail clerk, stamp, open, count mail and match checks with EOB 's
  • Show more

Title processor example responsibilities.

  • Manage the ordering of homeowner's association estoppel letters for payoffs; as well as surveys and clear lien searches.
  • Audit loan documentation to ensure all require RESPA documents and procedures are completed.
  • Order payoffs on mortgages, judgments, HOA status letters and liens attach to the subject property.
  • Provide updates to REO listing agents and selling agents, as well as communicating with asset managers.
  • Correspond with banks, lenders, underwriters, attorneys, HOA's, tax offices, clerk of court, etc.
  • Probate filing for formal and summary administrations including use of Lexus-Nexus software.
  • Show more

Processor vs title processor skills

Common processor skills
  • Data Entry, 19%
  • Customer Service, 18%
  • Patients, 11%
  • Standard Operating Procedure, 6%
  • Strong Customer Service, 5%
  • Bank Deposits, 5%
Common title processor skills
  • Data Entry, 12%
  • Title Commitments, 11%
  • Customer Service, 8%
  • Escrow, 8%
  • Estoppel, 6%
  • Mortgage Payoffs, 6%

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