Who earns more money and is in a higher position, loan officer or underwriter?
Who earns more money and is in a higher position, loan officer or underwriter? And whose job is more difficult? Thanks Also. I'm just curious to know how long it would usually take an underwriter to write a loan?
Asked By: J200 - 10/20/2009
Best Answer - Chosen by Asker
Really depends. The answer your probably looking for is underwritter. Their job is typically more detail oriented than a loan officer... More
Answered By: Stuart - 10/20/2009
Additional Answers (2)
I think both are equally difficult but different. Underwriting is more detail oriented and loan officer is more people oriented. Here in IL underwriters are usually paid salary plus bonus per loan but loan officers are straight commission.
Answered By: HEATHER - 10/20/2009
Technically it would be the underwriter since they would work with many loan officers making loans, but a loan officer that made many loans with different underwriters could make more... More
Answered By: Real Estate pro - 10/20/2009
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