Notes on employment for Loan counselors and officers

  • Loan officer positions generally require a bachelor�s degree in finance, economics, or a related field; training or experience in banking, lending, or sales is advantageous.
  • Average employment growth is expected for loan officers despite rising demand for loans, because technology is making loan processing and approval simpler and faster.
  • Earnings often fluctuate with the number of loans generated, rising substantially when the economy is good and interest rates are low.




More information on Loan counselors and officers from The U.S. Department of Labor Bureau of Labor Statistics Occupational Outlook Handbook
Overview of Loan counselors and officers occupation
Number of Loan counselors and officers in the U.S.
Salary and earnings for Loan counselors and officers
Working conditions for Loan counselors and officers
Significant points for Loan counselors and officers
Training requirements for Loan counselors and officers



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