Is being a loan officer a good fit for you?
Looks at loan requests and decides whether to approve them. Advises borrowers on their finances and repayments.
What the work involves
- Meets applicants to collect loan details and answer questions.
- Studies an applicant's finances, credit and property value to decide if a loan is possible.
- Approves loans within set limits and passes bigger ones to management.
- Explains the types of loans and credit available and their terms.
The interests that suit it
People in this work tend to be organising and persuading. Here is how much each of the six kinds of interest comes into it.
What it tends to reward
Compared with other work, this job stands out for:
- Belonging. People who look out for each other, and a manager who has your back.
How much training it needs
Degree required. Usually a degree, sometimes more study after. Rules differ from country to country, so check locally before you commit.
Find out if it fits you
Answer quick questions about what you like doing and what keeps you going. We match you with roles from over 900 kinds of work, and you can see if a loan officer is one of yours.
Free. About 15 minutes. No account.