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Real estate inspector vs real estate loan officer

The differences between real estate inspectors and real estate loan officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a real estate inspector and a real estate loan officer. Additionally, a real estate loan officer has an average salary of $90,206, which is higher than the $75,341 average annual salary of a real estate inspector.

The top three skills for a real estate inspector include inspection reports, property inspections and residential real estate. The most important skills for a real estate loan officer are real estate loans, mortgage loans, and business development.

Real estate inspector vs real estate loan officer overview

Real Estate InspectorReal Estate Loan Officer
Yearly salary$75,341$90,206
Hourly rate$36.22$43.37
Growth rate-4%4%
Number of jobs33,86382,581
Job satisfaction--
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 66%
Average age5045
Years of experience66

Real estate inspector vs real estate loan officer salary

Real estate inspectors and real estate loan officers have different pay scales, as shown below.

Real Estate InspectorReal Estate Loan Officer
Average salary$75,341$90,206
Salary rangeBetween $53,000 And $106,000Between $56,000 And $144,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between real estate inspector and real estate loan officer education

There are a few differences between a real estate inspector and a real estate loan officer in terms of educational background:

Real Estate InspectorReal Estate Loan Officer
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeSan Diego State UniversityUniversity of Pennsylvania

Real estate inspector vs real estate loan officer demographics

Here are the differences between real estate inspectors' and real estate loan officers' demographics:

Real Estate InspectorReal Estate Loan Officer
Average age5045
Gender ratioMale, 83.8% Female, 16.2%Male, 54.6% Female, 45.4%
Race ratioBlack or African American, 8.2% Unknown, 5.7% Hispanic or Latino, 12.9% Asian, 3.4% White, 69.1% American Indian and Alaska Native, 0.7%Black or African American, 8.4% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.4% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage5%8%

Differences between real estate inspector and real estate loan officer duties and responsibilities

Real estate inspector example responsibilities.

  • Accomplish and submit financial reports to promote positive cash flow and return on investment (ROI).
  • Perform thorough state certify inspections of electrical, plumbing, structural, and mechanical systems with a high level of integrity.
  • Inspect: electrical, plumbing, foundation, roof, appliances, mold/mildew, windows, and structural integrity.
  • Work extensively through client Argus files in completing sensitivity analyses, re-building client valuations, and reconciling assumptions.
  • Work extensively through client Argus files in completing sensitivity analyses, re-building client valuations, and reconciling assumptions.

Real estate loan officer example responsibilities.

  • Manage a multifacete commercial real estate investment firm.
  • Supervise loan from origination and application through processing and final disposition.
  • Complete origination documents, obtain necessary signatures and deliver complete loan package to processing.
  • Schedule property website implementation from template, update internet/social media advertising, and handle MLS entry.
  • Train to use a mortgage calculator and experience using calyx point.

Real estate inspector vs real estate loan officer skills

Common real estate inspector skills
  • Inspection Reports, 25%
  • Property Inspections, 22%
  • Residential Real Estate, 20%
  • Plumbing, 12%
  • HVAC, 7%
  • Ashi, 3%
Common real estate loan officer skills
  • Real Estate Loans, 19%
  • Mortgage Loans, 8%
  • Business Development, 7%
  • Escrow, 7%
  • Financial Products, 6%
  • Financial Statements, 5%

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