Post job

Senior loan consultant vs senior consultant

The differences between senior loan consultants and senior consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a senior loan consultant, becoming a senior consultant takes usually requires 2-4 years. Additionally, a senior consultant has an average salary of $100,188, which is higher than the $34,256 average annual salary of a senior loan consultant.

The top three skills for a senior loan consultant include origination, loan applications and loan products. The most important skills for a senior consultant are healthcare, project management, and java.

Senior loan consultant vs senior consultant overview

Senior Loan ConsultantSenior Consultant
Yearly salary$34,256$100,188
Hourly rate$16.47$48.17
Growth rate4%11%
Number of jobs22,872241,206
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 68%
Average age4544
Years of experience64

Senior loan consultant vs senior consultant salary

Senior loan consultants and senior consultants have different pay scales, as shown below.

Senior Loan ConsultantSenior Consultant
Average salary$34,256$100,188
Salary rangeBetween $27,000 And $42,000Between $76,000 And $131,000
Highest paying City-Washington, DC
Highest paying state-New Jersey
Best paying company-Conning
Best paying industry-Finance

Differences between senior loan consultant and senior consultant education

There are a few differences between a senior loan consultant and a senior consultant in terms of educational background:

Senior Loan ConsultantSenior Consultant
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Senior loan consultant vs senior consultant demographics

Here are the differences between senior loan consultants' and senior consultants' demographics:

Senior Loan ConsultantSenior Consultant
Average age4544
Gender ratioMale, 64.7% Female, 35.3%Male, 69.9% Female, 30.1%
Race ratioBlack or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 16.2% Asian, 6.4% White, 63.0% American Indian and Alaska Native, 0.5%Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.3% American Indian and Alaska Native, 0.2%
LGBT Percentage8%12%

Differences between senior loan consultant and senior consultant duties and responsibilities

Senior loan consultant example responsibilities.

  • Manage all HMDA reporting, and performing post-closing review of loan documentation.
  • Specialize in mortgage lending for customers with complex credit portfolios and government loan programs to include FHA and VA loans.
  • Originate loans through FHA and conventional lenders through knowledge of programs guidelines and availability, following all of RESPA guidelines.
  • Maintain customer files and documents in RESPA compliance.
  • Oversee entire mortgage process including application, origination, underwriting and closing.
  • Create and implement training protocol for new recruits across origination, processing and post-closing.
  • Show more

Senior consultant example responsibilities.

  • Lead the execution of LSMW objects and ABAP programs for testing of provide data files.
  • Manage the application administration through Linux shell scripting.
  • Manage installation of software, train end-users on Medicare and Medicaid rules, regulations and third-party reimbursement methodologies.
  • Manage internal, external systems/application of healthcare software within assign areas from inception to successful implementation in private medical practices.
  • Experience in SDLC processes, and ability to manage application-relate projects from customer requirements definition to delivering application content solutions.
  • Manage technical infrastructure, application development, and other capital improvement projects for early stage Internet start-ups and non-profit organizations.
  • Show more

Senior loan consultant vs senior consultant skills

Common senior loan consultant skills
  • Origination, 12%
  • Loan Applications, 10%
  • Loan Products, 9%
  • Escrow, 7%
  • FHA, 6%
  • Va, 6%
Common senior consultant skills
  • Healthcare, 8%
  • Project Management, 5%
  • Java, 4%
  • Architecture, 4%
  • SR, 4%
  • C++, 4%

Browse business and financial jobs