Senior mortgage loan officer demographics and statistics in the US
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Senior mortgage loan officer demographics by:
Senior mortgage loan officer gender statistics
35.8% of senior mortgage loan officers are women and 64.2% of senior mortgage loan officers are men.
- Male, 64.2%
- Female, 35.8%
Senior mortgage loan officer gender ratio
| Gender | Percentages |
|---|---|
| Male | 64.2% |
| Female | 35.8% |
Senior mortgage loan officer gender pay gap
Women earn 93¢ for every $1 earned by men
Male income
$37,595
Female income
$35,008
Senior mortgage loan officer gender ratio over time
This data breaks down the percentage of men and women in senior mortgage loan officer positions over time. Currently, 35.8% of senior mortgage loan officers are female.
Senior mortgage loan officer gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 65.02% | 34.98% |
| 2011 | 62.86% | 37.14% |
| 2012 | 63.24% | 36.76% |
| 2013 | 64.20% | 35.80% |
| 2014 | 64.43% | 35.57% |
| 2015 | 62.01% | 37.99% |
| 2016 | 66.24% | 33.76% |
| 2017 | 64.37% | 35.63% |
| 2018 | 65.14% | 34.86% |
| 2019 | 63.18% | 36.82% |
| 2020 | 65.46% | 34.54% |
| 2021 | 64.23% | 35.77% |
Senior mortgage loan officer related jobs gender ratio
We compared senior mortgage loan officers with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Senior Mortgage Loan Officer | 64% | 36% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Senior mortgage loan officer demographics by race
The most common ethnicity among senior mortgage loan officers is White, which makes up 63.7% of all senior mortgage loan officers. Comparatively, 15.9% of senior mortgage loan officers are Hispanic or Latino and 9.2% of senior mortgage loan officers are Black or African American.
- White, 63.7%
- Hispanic or Latino, 15.9%
- Black or African American, 9.2%
- Asian, 6.1%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.5%
Senior mortgage loan officer race
| Senior mortgage loan officer race | Percentages |
|---|---|
| White | 63.7% |
| Hispanic or Latino | 15.9% |
| Black or African American | 9.2% |
| Asian | 6.1% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.5% |
Senior mortgage loan officer race and ethnicity over time
See how senior mortgage loan officer racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Senior mortgage loan officer race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.85% | 9.72% | 5.06% | 13.63% |
| 2011 | 69.27% | 10.02% | 5.15% | 13.73% |
| 2012 | 68.78% | 9.58% | 6.31% | 13.14% |
| 2013 | 68.60% | 9.37% | 6.36% | 13.28% |
| 2014 | 67.84% | 9.19% | 5.96% | 14.60% |
| 2015 | 69.51% | 8.55% | 5.99% | 13.50% |
| 2016 | 69.54% | 9.62% | 5.86% | 13.32% |
| 2017 | 70.06% | 8.84% | 5.58% | 13.34% |
| 2018 | 69.07% | 8.24% | 6.05% | 14.58% |
| 2019 | 68.09% | 8.35% | 6.45% | 14.83% |
| 2020 | 66.80% | 8.90% | 5.71% | 14.55% |
| 2021 | 63.75% | 9.16% | 6.10% | 15.88% |
Senior mortgage loan officer wage gap by race
According to our data, asian senior mortgage loan officers have the highest average salary compared to other ethnicities. Black or african american senior mortgage loan officers have the lowest average salary at $36,164.
| Ethnicity | Salary |
|---|---|
| Unknown | $37,962 |
| White | $38,111 |
| Black or African American | $36,164 |
| Asian | $38,866 |
| Hispanic or Latino | $36,933 |
Average senior mortgage loan officer age
See how the average age of senior mortgage loan officers varies based on ethnicity and gender.
Male
Female
Senior mortgage loan officer age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 43 | 41 |
| White | 44 | 46 |
| Black or African American | 42.5 | 42 |
| Asian | 42 | 45 |
| Hispanic or Latino | 40.5 | 41 |
Senior mortgage loan officer age breakdown
The average age of senior mortgage loan officers is 40+ years years old, representing 64% of the senior mortgage loan officer population.
Senior mortgage loan officer age breakdown
| Senior Mortgage Loan Officer Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Senior mortgage loan officer educational attainment
The most common degree for senior mortgage loan officers is bachelor's degree, with 67% of senior mortgage loan officers earning that degree. The second and third most common degree levels are associate degree degree at 16% and associate degree degree at 7%.
- Bachelor's, 67%
- Associate, 16%
- Master's, 7%
- High School Diploma, 5%
- Other Degrees, 5%
Senior mortgage loan officers by degree level
| Senior mortgage loan officer degree | Percentages |
|---|---|
| Bachelor's | 67% |
| Associate | 16% |
| Master's | 7% |
| High School Diploma | 5% |
| Other Degrees | 5% |
Senior mortgage loan officer jobs you might like
Senior mortgage loan officer wage gap by degree level
According to the data, senior mortgage loan officers with a Master's degree earn more than those without, at $40,310 annually. With a Bachelor's degree, senior mortgage loan officers earn a median annual income of $38,452 compared to $35,961 for senior mortgage loan officers with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $40,310 |
| High School Diploma or Less | $35,787 |
| Bachelor's Degree | $38,452 |
| Some College/ Associate Degree | $35,961 |
Senior mortgage loan officer employment statistics
Company size where senior mortgage loan officers work
Below, you can see the size of companies where senior mortgage loan officers work.
Senior mortgage loan officer jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 9% |
| 50 - 100 employees | 26% |
| 100 - 500 employees | 26% |
| 500 - 1,000 employees | 12% |
| 1,000 - 10,000 employees | 16% |
| > 10,000 employees | 11% |
Senior mortgage loan officer jobs by industry
The most common industries for senior mortgage loan officers are finance, professional and real estate.
Senior mortgage loan officer industry statistics
| Industry | Percentages |
|---|---|
| Finance | 68% |
| Fortune 500 | 6% |
| Manufacturing | 3% |
| Professional | 3% |
| Real Estate | 3% |
| Health Care | 2% |
| Start-up | 2% |
| Non Profits | 2% |
| Technology | 2% |
| Transportation | 1% |
| Construction | 1% |
| Hospitality | 1% |
| Retail | 1% |
| Telecommunication | 1% |
| Insurance | 1% |
| Energy | 1% |
Senior mortgage loan officer turnover and employment statistics
Senior mortgage loan officer unemployment rate over time
The unemployment rate for senior mortgage loan officers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Senior mortgage loan officer unemployment rate by year
| Year | Senior mortgage loan officer unemployment rate |
|---|---|
| 2010 | 7.62% |
| 2011 | 6.08% |
| 2012 | 4.66% |
| 2013 | 3.31% |
| 2014 | 4.27% |
| 2015 | 2.27% |
| 2016 | 2.06% |
| 2017 | 1.56% |
| 2018 | 1.99% |
| 2019 | 1.92% |
| 2020 | 1.62% |
| 2021 | 2.33% |
Average senior mortgage loan officer tenure
The average senior mortgage loan officer stays at their job for 1-2 years, based on the 1,223 senior mortgage loan officers resumes in Zippia's database.
Senior mortgage loan officer tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 11% |
| 1-2 years | 38% |
| 3-4 years | 19% |
| 5-7 years | 16% |
| 8-10 years | 7% |
| 11+ years | 11% |
Senior mortgage loan officer LGBT ratio compared to similar jobs
Review the percent of senior mortgage loan officers that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Senior Finance Specialist | 7.33% | 71,214 |
| General Accountant | 7.40% | 87,663 |
| Tax Professional | 7.56% | 82,351 |
| Tax Compliance Officer | 7.65% | 95,304 |
| Senior Mortgage Loan Officer | 7.87% | - |
| Budget Counselor | 12.94% | 27,963 |
| Community Reinvestment ACT Officer | 19.38% | 66,311 |
Similar senior mortgage loan officer jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Senior Finance Specialist | 7.33% | 71,214 |
| General Accountant | 7.40% | 87,663 |
| Tax Professional | 7.56% | 82,351 |
| Tax Compliance Officer | 7.65% | 95,304 |
| Budget Counselor | 12.94% | 27,963 |
| Community Reinvestment ACT Officer | 19.38% | 66,311 |
Foreign languages spoken by senior mortgage loan officers
The most common foreign language among senior mortgage loan officers is Spanish at 66.7%. The second-most popular foreign language spoken is Portuguese at 3.7% and Vietnamese is the third-most popular at 3.7%.
- Spanish, 66.7%
- Portuguese, 3.7%
- Vietnamese, 3.7%
- German, 3.7%
- Yoruba, 3.7%
- Other, 18.5%
Senior mortgage loan officer languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 66.7% |
| Portuguese | 3.7% |
| Vietnamese | 3.7% |
| German | 3.7% |
| Yoruba | 3.7% |
| Other | 18.5% |
