• Loan Officers
  • Finance
  • Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses.

    What do they typically do

    • Contact companies or people to ask if they need a loan
    • Meet with loan applicants to gather personal information and answer questions
    • Explain different types of loans and the terms of each one to applicants
    • Obtain and verify financial information, such as the applicant's credit rating and income level
    • Evaluate the applicant's finances to decide if the applicant should get the loan
    • Approve loan applications or refer them to management for a decision
    • Keep up to date on new types of loans and other financial services and products to better meet customers' needs
    • Submit applications to credit analysts for verification and recommendation

    Number of Jobs

    Average Annual
    Job Growth +1.4%
    Job Opening 1,347

    Job Listings

    View available jobs

    Education & Training

    Change 1750
Video:Loan Officers

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