What does a Senior Loan Officer do?
Loan officers review, authorize, and recommend personal and commercial loans for approval. Loan officers meet with applicants in order to determine their creditworthiness. They usually work at mortgage companies, commercial banks, credit unions, and other financial institutions.
Most loan officers have a Bachelor's degree in business administration, finance, economics, or a related field, and are trained on the job. Residential mortgage loan officers must be licensed. Loan officers generally need strong sales and interpersonal skills.
Senior Loan Officer Salaries
Average Base Pay
Senior Loan Officer Career Path
Learn how to become a Senior Loan Officer, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.