As a loan officer, you will interview people who want loans, mortgages or credit and evaluate their financial status and decide whether or not they can make monthly payments. You can authorize loans up to the amount the bank has prescribed or you can consult loan managers and see if they will authorize a larger loan.
WHAT YOU NEED:
To become a loan officer, you will need to complete highschool with several years experience in general banking. You should also get a university or college degree in business or economics. Companies usually offer an internal loan or credit training program which will take usually 8 to 12 months.
$41,000 to $43,000