Loan Officers Career Video

This career video provides day-in-the-life information about jobs, occupations, and tasks related to Loan and Credit counseling positions including Loan Officers, Credit Counselors, Loan Interviewers and Clerks, Coordinators, Supervisors, and Managers.
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JOB TITLE: Loan Officers
ONET: 13-2072.00
OCCUPATION DESCRIPTION: Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
JOB TITLE: Credit Counselors
ONET: 13-2071.00
OCCUPATION DESCRIPTION: Advise and educate individuals or organizations on acquiring and managing debt. May provide guidance in determining the best type of loan and explain loan requirements or restrictions. May help develop debt management plans or student financial aid packages. May advise on credit issues, or provide budget, mortgage, bankruptcy, or student financial aid counseling.
JOB TITLE: Loan Interviewers and Clerks
ONET: 43-4131.00
OCCUPATION DESCRIPTION: Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
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