Loan Officers

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

What do Loan Officers do?

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

What is the median salary for Loan Officers?

The median annual salary for Loan Officers is $74,180.

What is the job outlook for Loan Officers?

Employment for Loan Officers is projected to grow by 1.7% over the next decade.

What education do Loan Officers need?

Loan Officers typically require bachelor's degree.

What skills do Loan Officers need?

Key skills for Loan Officers include Reading Comprehension, Reading Comprehension, Active Listening, Active Listening, Writing, Writing, Speaking, Speaking.

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