Overview

Scoop

Day-to-Day

• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
• Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
• Submit applications to credit analysts for verification and recommendation.

Best For You If...

In Action

Want to see what it's like to be a Loan Officer? We've curated a playlist for you to explore.

Loan Officer

This short video gives an overview of what this career is all about.

Pathways to this Career

Here are few pathways you can take to become a Loan Officer. Click on a pathway to learn more about it.

Associate's Degree

An associate's degree typically provides graduates with foundational knowledge and skills for entry-level jobs in the graduate's industry, or serves as a stepping stone towards further education.

📚 College

Finish in 2-3 years

Bachelor's Degree

A bachelor's degree typically results in increased knowledge about a variety of academic subjects, specialized knowledge in a focused field of study, and is considered the foundational qualification for many careers.

📚 College

Finish in 4-5+ years

Learn More About The Industry

Business & Finance

The primary activities of this group involve managing financial operations, analyzing data, and making decisions that impact the financial health of an organization or corporation.