Working Conditions for Loan counselors and officersWorking as a loan officer usually involves considerable travel. For example, commercial and mortgage loan officers frequently work away from their offices and rely on laptop computers, cellular telephones, and pagers to keep in contact with their offices and clients. Mortgage loan officers often work out of their home or car, visiting offices or homes of clients while completing loan applications. Commercial loan officers sometimes travel to other cities to prepare complex loan agreements. Consumer loan officers and loan counselors, however, are likely to spend most of their time in an office. Most loan officers and counselors work a standard 40-hour week, but many work longer, depending on the number of clients and the demand for loans. Mortgage loan officers can work especially long hours because they are free to take on as many customers as they choose. Loan officers usually carry a heavy caseload and sometimes cannot accept new clients until they complete current cases. They are especially busy when interest rates are low, a condition that triggers a surge in loan applications. 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 Labor Information Home | Occupational data by city | Search Rainforests | Madagascar | What's new |