Career Exploration - Loan Officers

Loan Officers

ONET Code: 13-2072.00
RIASEC: CES

Best Job in LA

Education Level

Wage Level

Preparation Level

Job Description:
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, and loan underwriters.

More Info

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1	Average annual salary between $20,000 and $35,000.
2	Average annual salary between $35,000 and $50,000.
3	Average annual salary between $50,000 and $65,000.
4	Average annual salary between $65,000 and $80,000.
5	Average annual salary $80,000 or above.

1	High School Diploma/Equivalency or less required on average.
2	Some college up to and including an Associate's Degree required on average.
3	Bachelor's degree required on average.
4	Master's degree required on average.
5	Doctoral or professional degree required on average.

1	Little or no preparation needed. May or may not require a hign school diploma or equivalent. May require a few days or a few months of on-the-job training.
2	Some work-related skill, knowledge or experience required. Most require a high school diploma or equivalent. May require a few months or up to a year of training or entering an apprenticeship program.
3	Previous work-related skills, knowledge and experience required. Completion of an apprenticeship program or completion of a vocational education program or associate's degree is usually required.
4	A considerable amount of work-related experience is required. Most jobs require a bachelor's degree and several years of work-related experience.
5	Extensive level of work-related experience and education are required. Most jobs require a graduate level of education and years of work experience in the field.

Loan Officers

Loan Officers

Alternate Titles