Don't Miss Out on the Perfect Loan Officer job
Receive timely job alerts curated specifically for you, ensuring you never miss an opportunity to excel in your field.
No, I'm not interested
bell icon

Salary and Benefits

Loan Officer
$55K-$67K / yr. (est.)
$56K
$61,802 / year
$68K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Loan Officer

What does a Loan Officer do?

As Loan Officers, we meet with loan applicants to identify their specific needs and collect information for loan applications. We also analyze active loan files and recommend a solution to speed up the loan process on a regular basis while monitoring and updating account records. We complete loan contracts and teach clients on policies and regulations that apply to these loans. We are also responsible for interviewing each applicant to check his/her financial eligibility and establish debt repayment plans. We respond to prospective applicants’ questions and resolve loan-related issues.

Core tasks:

  • ensure compliance with laws and regulations
  • submit loan applications on time
  • evaluate clients’ creditworthiness by processing their loan application

Find your job as Loan Officer

Discussion about Loan Officer

Want to know more about Loan Officer position?
Share your thoughts and ideas about Loan Officer position with others in our community.
discussion icon
Don't Miss Out on the Perfect Loan Officer job
Receive timely job alerts curated specifically for you, ensuring you never miss an opportunity to excel in your field.
No, I'm not interested
bell icon

Disclaimer

informationLENSA generates certain information provided on this website by compiling and analyzing publicly available data and data from employees/former employees. All company names are the registered trademarks of their original owners. The use of any trade name or trademark does not imply any association with the third-party company. None of the information provided is endorsed in any way by any of the companies mentioned. We do not guarantee the accuracy, currency, or suitability of this information (including regarding demographics or salary estimate) and you are responsible for how you use it. ALL INFORMATION IS PROVIDED “AS IS” AND “WITH ALL FAULTS”. We are not responsible for nor endorse third party content on our website. If you notice any inaccurate information or information you think is proprietary you can email us at [email protected]. See our Terms and Conditions and Community Guidelines for more information.