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Created with Fabric.js 1.4.5 SALARY AND BENEFITS Approve and look over loans fromclients, to do this job you need to haveinterpersonal skills to be able to meet with clients about their finances. You approve/denyloans and help clients with their finances, sometimes includes budgeting. Loss of territories - productive land,industries and raw resources A bachelor degree is necessary to become a loan officer. The salary of a loanofficer can change.It is all around thesame ball park. The salary of a loanofficer can change.It is all around thesame ball park. Median Percentile$61,420 Median Percentile$61,420 The 75th Percentile$86,760 The 75th Percentile$86,760 THE FUTURE Loan Officer Loan Officer The 25th Percentile$44,030 The 25th Percentile$44,030 Depending on whereyou want to live, alsodepends on theamount of money that you want to make. If you move to the biggercities, you are much more likely to makemore money. I think that I would like to stay around here andstill make an average amount. Job expectancy for a loan officer issupposed to grow 8% by 2022. Job expectancy for a loan officer issupposed to grow 8% by 2022. Although 8% does not seem like a large amount, it is about average. Although 8% does not seem like a large amount, it is about average. A new software, which makes the loan processmuch simpler, maydecrease the need for more loan officers. The job is fulltime and you usually run on yourclients schedule, which means after hours or sometimes weekends. The job is fulltime and you usually run on yourclients schedule, which means after hours or sometimes weekends. The Drawbacks To be any of the officers,it is best to get a certified, although it is notnecessary Working with the public is a major part of being aloan officer. You need toevaluate your clients tosee if they are worthyof borrowing before youapprove their loan. Different Types of Loan Officers - Commercial Loan Officer- Consumer Loan Officer- Mortgage Loan Officer Jobs would increase more than 8% if the United Stateswent through and economicalgrowth, then interest rates would slowly decrease. Makingloans more affordable. Jobs would increase more than 8% if the United Stateswent through and economicalgrowth, then interest rates would slowly decrease. Makingloans more affordable.
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