We surveyed 2,684 loan officers to better understand the work environment and required skills of a typical loan officer. Here are the results.
How much intelligence is required as a loan officer?
Working as a loan officer typically doesn’t require the use of high levels of intelligence in daily tasks.
Can I learn to become a loan officer?
A career as a loan officer typically depends predominantly on qualities you’re born with, with a small aspect of skills you can learn.
Is it easy to get a job as a loan officer?
It’s typically difficult to find a job as a loan officer. If you’re curious about the numbers, check out the job market for loan officers.
Do loan officers work full-time or part-time?
93% of loan officers work in full-time roles while 7% work part-time.
Is being a loan officer stressful?
Stress is very commonplace for loan officers, contributing negatively towards career satisfaction.
Is being organized important as a loan officer?
Organization is considered a very important trait for loan officers, and is critical to success in the field.
How competitive is the workplace for loan officers?
Loan officers see mild competition in their workplace.
Does being a loan officer require frequent time pressure to complete tasks?
Loan officers will have to sometimes face time pressure on the job.
Are loan officers allowed to express themselves creatively?
Loan officers rarely get a chance to express themselves creatively.
Do loan officers have control over the direction of their work?
Loan officers tend to have a set and inflexible work schedule that they are unable to deviate from too much.
Is being a loan officer physically demanding?
Work as a loan officers is rarely physically demanding, making it a suitable option for those unable to perform physically strenuous tasks.
Are loan officers exposed to a wide variety of work?
While sometimes repetitive, loan officers tend to have opportunities for variety in their work.
Does being a loan officer require attention to detail?
Attention to detail is a vital skill for loan officers, as small mistakes can make or break one's ability to succeed in the career.
Does being a good loan officer require compassion and empathy?
Being compassionate and empathetic is considered helpful to those looking to pursue careers as loan officers.