Loan Officers
Loan officers evaluate applicants' financial backgrounds. They decide whether applicants will receive loans.
49%
35%
16%
National data for loan counselors and officers (SOC 13-2070).
$22,860
$33,570
$52,810
$12.43
$16.14
$25.39
Based on Nebraska Wage Figures
High School Diploma or GED
Bachelor's Degree
Work Experience
Usually work at least 40 hours per week.
May work a lot of overtime during periods when home sales and refinancing are heavy. This applies mainly to mortgage loan officers.
May travel around town to visit customers, inspect properties, and conduct loan negotiations.
May travel to other cities or states to set up complex loan agreements. This applies mainly to commercial loan officers.
Generally work a set schedule.
LOAN OFFICERS will:
Often specialize in certain types of loans
Deal directly with customers
Work for banks and mortgage companies
Decide whether people will receive loans
LOAN OFFICERS frequently:
Sit for long periods of time.
Repeat the same movements.
It is important that LOAN OFFICERS be able to:
Speak clearly so listeners can understand.
Understand the speech of another person.
See details of objects that are less than a few feet away.
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