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Senior loan officer vs certified medical technician

The differences between senior loan officers and certified medical technicians 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 officer, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a certified medical technician has an average salary of $38,859, which is higher than the $37,162 average annual salary of a senior loan officer.

The top three skills for a senior loan officer include customer service, loan applications and origination. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Senior loan officer vs certified medical technician overview

Senior Loan OfficerCertified Medical Technician
Yearly salary$37,162$38,859
Hourly rate$17.87$18.68
Growth rate4%5%
Number of jobs65,807164,424
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 28%
Average age4544
Years of experience612

What does a senior loan officer do?

A senior loan officer is responsible for authorizing loan applications after evaluating the applicant's loan eligibility upon submitting documents and other requirements. Senior loan officers assist the loan staff for the approval or rejection of the application, providing alternatives for the applicants based on their credibility. They monitor the loan process, create loan contracts, ensuring that the payment plans meet the federal laws and regulations. A senior loan officer must have extensive knowledge of the financial industry to prepare proposals timely and accurately.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Senior loan officer vs certified medical technician salary

Senior loan officers and certified medical technicians have different pay scales, as shown below.

Senior Loan OfficerCertified Medical Technician
Average salary$37,162$38,859
Salary rangeBetween $29,000 And $46,000Between $28,000 And $53,000
Highest paying CityMiami, FLDenton, TX
Highest paying stateHawaiiAlaska
Best paying companySalal Credit UnionFavorite Healthcare Staffing
Best paying industryFinanceHealth Care

Differences between senior loan officer and certified medical technician education

There are a few differences between a senior loan officer and a certified medical technician in terms of educational background:

Senior Loan OfficerCertified Medical Technician
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common collegeUniversity of PennsylvaniaUniversity of Connecticut

Senior loan officer vs certified medical technician demographics

Here are the differences between senior loan officers' and certified medical technicians' demographics:

Senior Loan OfficerCertified Medical Technician
Average age4544
Gender ratioMale, 69.4% Female, 30.6%Male, 20.4% Female, 79.6%
Race ratioBlack 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%Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage8%8%

Differences between senior loan officer and certified medical technician duties and responsibilities

Senior loan officer example responsibilities.

  • Oversee the loan origination process from inception to completion and initiate aggressive business growth opportunities in a highly competitive market.
  • Maintain close relationships with loan processors and problem-solve upcoming issues to ensure quality loan origination and minimize last-minute conditions of approval.
  • Prepare FNMA 1003 and RESPA documents.
  • Underwrite over 30 FNMA modification loans determining terms of trial and permanent modifications.
  • Utilize automated underwriting engines to assess credit and collateral risk conventional and FHA lending.
  • Establish communication with escrow officers, processors, loan officers and underwriter regarding loan status and/or missing information.
  • Show more

Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
  • Show more

Senior loan officer vs certified medical technician skills

Common senior loan officer skills
  • Customer Service, 15%
  • Loan Applications, 11%
  • Origination, 10%
  • Business Relationships, 5%
  • FHA, 5%
  • Va, 5%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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