Loan Officer (General)
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.
At a Glance
Loan Officer (General) earns an average of $70,000/yr. Typical education: Bachelor's degree. Experience: 3.9–4.4 years. Top skills: Loans, Loan Origination, Sales.
$70,000/yr
Bachelor's degree
3.9–4.4 years
25
Parent Occupation (O*NET)
Loan Officers
Median Wage
$74,180/yr
Growth (2024-34)
+1.7%
Education
Bachelor's degree
Skills & Requirements
Specialized Skills (17)
Loans
Loan Origination
Mortgage Loans
Real Estate
Underwriting
Banking
Loan Closing
Commercial Lending
Financial Solution Recommendation
Database Management
Financial Analysis
Market Liquidity
State Compliance
Business Development
Mortgage Loan Origination
Secondary Market
Risk Management
Common Skills (12)
Sales
Customer Service
Communication
Interpersonal Communications
Prioritization
Management
Multitasking
Self-Motivation
Professionalism
Relationship Building
Certifications (1)
Mortgage License
Related Specializations
Other specialized occupations in this field. Many share overlapping skills, making lateral moves more accessible.
Related Pages
Frequently Asked Questions
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