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The differences between senior loan officers and senior mortgage 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 senior loan officer and a senior mortgage loan officer. Additionally, a senior loan officer has an average salary of $37,162, which is higher than the $36,112 average annual salary of a senior mortgage loan officer.
The top three skills for a senior loan officer include customer service, loan applications and origination. The most important skills for a senior mortgage loan officer are origination, USDA, and financial statements.
| Senior Loan Officer | Senior Mortgage Loan Officer | |
| Yearly salary | $37,162 | $36,112 |
| Hourly rate | $17.87 | $17.36 |
| Growth rate | 4% | 4% |
| Number of jobs | 65,807 | 66,509 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
Senior loan officers and senior mortgage loan officers have different pay scales, as shown below.
| Senior Loan Officer | Senior Mortgage Loan Officer | |
| Average salary | $37,162 | $36,112 |
| Salary range | Between $29,000 And $46,000 | Between $29,000 And $44,000 |
| Highest paying City | Miami, FL | - |
| Highest paying state | Hawaii | - |
| Best paying company | Salal Credit Union | - |
| Best paying industry | Finance | - |
There are a few differences between a senior loan officer and a senior mortgage loan officer in terms of educational background:
| Senior Loan Officer | Senior Mortgage Loan Officer | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior loan officers' and senior mortgage loan officers' demographics:
| Senior Loan Officer | Senior Mortgage Loan Officer | |
| Average age | 45 | 45 |
| Gender ratio | Male, 69.4% Female, 30.6% | Male, 64.2% Female, 35.8% |
| Race ratio | 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% | Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.1% White, 63.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |