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Commercial Loan Assistant
Career Insights for Loan Officer (General)
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Scorecard
Based on West Virginia data
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What they do
A Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or other lender. Markets products and provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May specialize in loans to businesses or individuals, or in loans to buy real estate.
$81,688 / year median in West Virginia
-24% projected decline
Job Description
Provides assistance and works at the direction of the President & CEO to process commercial loan applications by performing a variety of duties. Fully executes the bank's customer service standards, explains available products, and services and gathers customer information necessary to assist the President & CEO process and service credit requests while building customer confidence and trust.