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Senior personal banker vs mortgage consultant

The differences between senior personal bankers and mortgage consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior personal banker, becoming a mortgage consultant takes usually requires 4-6 years. Additionally, a senior personal banker has an average salary of $48,641, which is higher than the $38,934 average annual salary of a mortgage consultant.

The top three skills for a senior personal banker include bank products, loan applications and quality customer service. The most important skills for a mortgage consultant are customer service, origination, and NMLS.

Senior personal banker vs mortgage consultant overview

Senior Personal BankerMortgage Consultant
Yearly salary$48,641$38,934
Hourly rate$23.39$18.72
Growth rate15%4%
Number of jobs28,06624,057
Job satisfaction5-
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 67%
Average age4545
Years of experience46

Senior personal banker vs mortgage consultant salary

Senior personal bankers and mortgage consultants have different pay scales, as shown below.

Senior Personal BankerMortgage Consultant
Average salary$48,641$38,934
Salary rangeBetween $22,000 And $106,000Between $23,000 And $63,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Centennial Bank
Best paying industry-Finance

Differences between senior personal banker and mortgage consultant education

There are a few differences between a senior personal banker and a mortgage consultant in terms of educational background:

Senior Personal BankerMortgage Consultant
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior personal banker vs mortgage consultant demographics

Here are the differences between senior personal bankers' and mortgage consultants' demographics:

Senior Personal BankerMortgage Consultant
Average age4545
Gender ratioMale, 46.4% Female, 53.6%Male, 58.2% Female, 41.8%
Race ratioBlack or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.4% Asian, 8.2% White, 72.3% American Indian and Alaska Native, 0.1%Black or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 16.2% Asian, 6.4% White, 62.9% American Indian and Alaska Native, 0.5%
LGBT Percentage5%8%

Differences between senior personal banker and mortgage consultant duties and responsibilities

Senior personal banker example responsibilities.

  • Lead the district in sales by initiating and document a proactive customer profiling effort and sale calls.
  • Process treasury, tax and loan payments.supply tellers with coin and currency as needed.
  • Perform all teller transactions from deposit and withdrawals, money orders and certify checks and balance ATM.
  • Perform operational duties such as balancing bank vault, reloading of ATM, and supervision of teller line.
  • Conduct wire transfers, stop payments, issue bank checks, transfer funds between accounts, and public notary services.
  • Maximize cross-sell opportunities through customer profiling to identify opportunities.
  • Show more

Mortgage consultant example responsibilities.

  • Coach new Jr. HMC's, lead team Jr. meetings and activities.
  • Manage a multifacete commercial real estate investment firm.
  • Well verse in FHA, VA, USDA loan programs and government regulations.
  • Originate secondary market mortgage loans, including FHA, VA, USDA, and conventional products.
  • Originate loans using conforming and non-conforming standards set forth by bank policy as well as FNMA, FHA, and VA.
  • Upgrade software and immediate access to FNMA automate underwriting allow a quicker response for customer approval.
  • Show more

Senior personal banker vs mortgage consultant skills

Common senior personal banker skills
  • Bank Products, 16%
  • Loan Applications, 9%
  • Quality Customer Service, 7%
  • Customer Relationships, 6%
  • Cross-Sell, 6%
  • Cross-Selling, 4%
Common mortgage consultant skills
  • Customer Service, 22%
  • Origination, 10%
  • NMLS, 8%
  • Financial Services, 7%
  • Loan Products, 5%
  • Bank Products, 4%

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