who makes more money, a mortgage loan officer or a home appraiser? and who`s job is easier?

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  1. Reply
    April 30, 2011 at 1:03 am

    It depends on what you consider easy.

    A mortgage loan officer basically sits at a desk all day. You need excellent interpersonal communication skills and the ability to work with people effectively.

    The home appraiser is out in the field checking out houses. You need to obtain and analyze a great deal of information to arrive at an informed decision, and be able to defend that in court if necessary.

    Flip a coin, neither are easy.

  2. Reply
    April 30, 2011 at 1:06 am

    loan officer makes typically makes 1% on the loan on the front or backside of the deal.

    appraisers make $ 250-500 a job and might do 3-4 a day if lucky.

    you do the math.

  3. Reply
    April 30, 2011 at 1:09 am

    The previous posters are correct. A loan officer typically makes 1% of the loan. A residential appraiser typically charges $ 300+ for a home appraisal. Commercial Appraisers charge $ 2,500+ per appraisal. I worked both ends of the business and I am a commercial appraiser now. They both are difficult jobs to be successful at. The mortgage business is easier to break into than the appraisal business. I think both professions can make alot of money. You have to decide on wether you are a sales oriented person or an analytical person.

  4. Reply
    April 30, 2011 at 1:29 am

    Get valuable tips on mortgage from http://moneymentor.cashmatter.info . It’s a very useful website.

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