Financial Loan Officer
(Redirected from Loan Officer)
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A Financial Loan Officer is a knowledge worker who performs financial loan tasks.
- Context:
- They can (typically) be a member of a Loan Officer Population.
- …
- Example(s):
- a U.S. Loan Officer, ...
- a Bank of America Loan Officer, ...
- …
- Counter-Example(s):
- See: Underwriting, Mortgage Loan, Bank, Business, Loan, Financial Specialist.
References
2016
- (Wikipedia, 2016) ⇒ https://en.wikipedia.org/wiki/loan_officer Retrieved:2016-6-1.
- Loan Officers, also referred to as "Mortgage Loan Originators", are people who work for banks and other financial institutions with the main objective to recommend individual and business loan applications for approval. Loan officers specialize in commercial, consumer and mortgage loans. [1]
Although they are employed by financial institutions, they can be seen as intermediaries between lending institutions and borrowers. They solicit loans, represent creditors to borrowers, and represent borrowers to creditors.
- Loan Officers, also referred to as "Mortgage Loan Originators", are people who work for banks and other financial institutions with the main objective to recommend individual and business loan applications for approval. Loan officers specialize in commercial, consumer and mortgage loans. [1]
- http://www.ourbroker.com/news/mortgage-robots-jobs-fintech-053116/
- QUOTE: According to the Bureau of Labor Statistics we currently have 303,000 loan officers who earn on average $63,450 and together pull in $19.2 billion a year. …
… Is it possible that 300,000 loan officers will be employed in a decade? Twenty years? Time marches on – and so does fintech.
- QUOTE: According to the Bureau of Labor Statistics we currently have 303,000 loan officers who earn on average $63,450 and together pull in $19.2 billion a year. …
2015
- http://www.bls.gov/ooh/business-and-financial/loan-officers.htm#tab-2
- QUOTE: Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses.
- http://www.bls.gov/ooh/business-and-financial/loan-officers.htm
- QUOTE: Employment of loan officers is projected to grow 8 percent from 2014 to 2024, about as fast as the average for all occupations. The need for loan officers fluctuates with the economy, generally increasing in times of economic growth, low interest rates, and population growth — all of which create demand for loans.