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Title processor vs abstracter

The differences between title processors and abstracters can be seen in a few details. Each job has different responsibilities and duties. Additionally, an abstracter has an average salary of $56,124, which is higher than the $42,096 average annual salary of a title processor.

The top three skills for a title processor include data entry, title commitments and customer service. The most important skills for an abstracter are data entry, HEDIS, and real property.

Title processor vs abstracter overview

Title ProcessorAbstracter
Yearly salary$42,096$56,124
Hourly rate$20.24$26.98
Growth rate5%-
Number of jobs7,068417
Job satisfaction--
Most common degreeBachelor's Degree, 38%Associate Degree, 33%
Average age4848
Years of experience--

Title processor vs abstracter salary

Title processors and abstracters have different pay scales, as shown below.

Title ProcessorAbstracter
Average salary$42,096$56,124
Salary rangeBetween $30,000 And $58,000Between $35,000 And $88,000
Highest paying CityLaurel, MD-
Highest paying stateNew York-
Best paying companyBNP Paribas-
Best paying industryInsurance-

Differences between title processor and abstracter education

There are a few differences between a title processor and an abstracter in terms of educational background:

Title ProcessorAbstracter
Most common degreeBachelor's Degree, 38%Associate Degree, 33%
Most common majorBusinessNursing
Most common college--

Title processor vs abstracter demographics

Here are the differences between title processors' and abstracters' demographics:

Title ProcessorAbstracter
Average age4848
Gender ratioMale, 17.3% Female, 82.7%Male, 25.6% Female, 74.4%
Race ratioBlack or African American, 4.1% Unknown, 3.8% Hispanic or Latino, 10.3% Asian, 7.2% White, 73.8% American Indian and Alaska Native, 0.9%Black or African American, 4.1% Unknown, 3.8% Hispanic or Latino, 10.3% Asian, 7.2% White, 73.8% American Indian and Alaska Native, 0.9%
LGBT Percentage8%8%

Differences between title processor and abstracter duties and responsibilities

Title processor example responsibilities.

  • Manage the ordering of homeowner's association estoppel letters for payoffs; as well as surveys and clear lien searches.
  • Audit loan documentation to ensure all require RESPA documents and procedures are completed.
  • Order payoffs on mortgages, judgments, HOA status letters and liens attach to the subject property.
  • Provide updates to REO listing agents and selling agents, as well as communicating with asset managers.
  • Correspond with banks, lenders, underwriters, attorneys, HOA's, tax offices, clerk of court, etc.
  • Probate filing for formal and summary administrations including use of Lexus-Nexus software.
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Abstracter example responsibilities.

  • Prepare HUD settlement statements for both refinance and purchase transactions.
  • Complete comprehensive and thorough medical chart review to extract medical record data per NCQA specifications for health plan's HEDIS project.
  • Research probate records, marriage records, death records, taxes, and liens.
  • Research include reviewing successions, conveyance records, civil suits, probates and mortgages.
  • Travele into the field and visit Medicaid patients for recruitment into health homes program.
  • Perform UCC searches on personal property for corporations or individuals that are secure by a financial institute.
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Title processor vs abstracter skills

Common title processor skills
  • Data Entry, 12%
  • Title Commitments, 11%
  • Customer Service, 8%
  • Escrow, 8%
  • Estoppel, 6%
  • Mortgage Payoffs, 6%
Common abstracter skills
  • Data Entry, 36%
  • HEDIS, 28%
  • Real Property, 13%
  • Real Estate Transactions, 12%
  • Patient Charts, 12%