• 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

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Education & Training

Private Training Programs

First Step

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Next Step

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Video:Loan Officers

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