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Significant Information: Loan Counselors and Officers




  • Loan officer positions generally require a bachelorís 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.