Loan Officer Career Path

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Posted on February 23, 2019 at 23:49 PM

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Banking Careers - Career Path Information |
Banking Careers Overview. Bank tellers are the ones who process customers' transactions such as deposits and withdrawals, cashing checks, posting loan payments and creating cashier's checks. Loan officers take loan applications for customers for personal and business loans. They analyze the borrowers' information and evaluate whether the loan should be approved or not.
Loan Officer Job Description, Specifications, and Career Path
The loan officer job description and salary make the job not as appealing as it once was. However, if you are interested in following this career path, either temporary or for a longer period, you can follow this link for an example of a loan officer job resume.
Loan Officer Job Description and Career Profile
Job candidates for loan officer positions should be familiar with computers and their applications in banking. While there are currently no specific licensing requirements for loan officers working in banks or credit unions, training and licensing requirements for loan officers who work in mortgage banks or brokerages vary by state. These criteria also may vary depending on whether workers are employed by a mortgage bank or mortgage brokerage.

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