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Real estate loan officer vs loan analyst

The differences between real estate loan officers and loan analysts 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 loan officer and a loan analyst. Additionally, a real estate loan officer has an average salary of $90,206, which is higher than the $37,857 average annual salary of a loan analyst.

The top three skills for a real estate loan officer include real estate loans, mortgage loans and business development. The most important skills for a loan analyst are loan documentation, customer service, and real estate.

Real estate loan officer vs loan analyst overview

Real Estate Loan OfficerLoan Analyst
Yearly salary$90,206$37,857
Hourly rate$43.37$18.20
Growth rate4%4%
Number of jobs82,58124,756
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Average age4545
Years of experience66

Real estate loan officer vs loan analyst salary

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

Real Estate Loan OfficerLoan Analyst
Average salary$90,206$37,857
Salary rangeBetween $56,000 And $144,000Between $24,000 And $58,000
Highest paying City-Raleigh, NC
Highest paying state-South Dakota
Best paying company-Barclays
Best paying industry-Finance

Differences between real estate loan officer and loan analyst education

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

Real Estate Loan OfficerLoan Analyst
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Real estate loan officer vs loan analyst demographics

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

Real Estate Loan OfficerLoan Analyst
Average age4545
Gender ratioMale, 54.6% Female, 45.4%Male, 43.2% Female, 56.8%
Race ratioBlack 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%Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

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

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.

Loan analyst example responsibilities.

  • Innovate technical solutions, including development of complex macros within MSP, to automate work and reduce manual processes
  • Prepare and remit quarterly / semi-annual USDA reporting
  • Communicate with FHA, VA, FNMA and FHLMC investors for any missing documents that are not include at closing.
  • Review government loan's documents including FHA & VA loans, and approves or suspends the loans after the underwriter decision.
  • Contact correspondent lenders for any missing documents and request correction of documents when necessary.
  • Select to participate in company management as a critical member of loan origination process improvement team.
  • Show more

Real estate loan officer vs loan analyst skills

Common real estate loan officer skills
  • Real Estate Loans, 19%
  • Mortgage Loans, 8%
  • Business Development, 7%
  • Escrow, 7%
  • Financial Products, 6%
  • Financial Statements, 5%
Common loan analyst skills
  • Loan Documentation, 13%
  • Customer Service, 12%
  • Real Estate, 9%
  • Financial Statements, 9%
  • Loan Portfolio, 4%
  • Data Entry, 4%

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