We surveyed 3,422 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?
Low
High
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?
Intrinsic Talent
Acquired Talent
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?
Easy
Hard
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?
Low
High
Stress is very commonplace for loan officers, contributing negatively towards career satisfaction.
Is being organized important as a loan officer?
Low
High
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?
Low
High
Loan officers see mild competition in their workplace.
Does being a loan officer require frequent time pressure to complete tasks?
Low
High
Loan officers will have to sometimes face time pressure on the job.
Are loan officers allowed to express themselves creatively?
Low
High
Loan officers rarely get a chance to express themselves creatively.
Do loan officers have control over the direction of their work?
Low
High
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?
Low
High
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?
Low
High
While sometimes repetitive, loan officers tend to have opportunities for variety in their work.
Does being a loan officer require attention to detail?
Low
High
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?
Low
High
Being compassionate and empathetic is considered helpful to those looking to pursue careers as loan officers.