Other names for this job might include Commercial Lending Vice President, Credit Counselor, Eligibility Consultant, Farm Mortgage Agent, Finance Manager, Financial Aid Administrator, Financial Aid Advisor, Financial Aid Coordinator, Financial Aid Counselor, Financial Aid Director
The majority of Loan Counselors typically enter the occupation with a Bachelor’s Degree in Finance, business administration or a related field.
Interested in becoming A Loan Counselor? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.
Questions to ask the university or college:
How many students are in the program?
Is your program accredited?
How many faculty members do you have? Do they hold the right credentials?
What is your job placement rate?
Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
How many of your students have at least one internship by graduation?
As A Loan Counselor, you may also be required to know how to use certain Data base user interface and query software, Enterprise resource planning ERP software and Data base user interface and query software tools.
Data entry software (Data base user interface and query software)
Loan Counselors requirements, how to become Loan Counselors, degree required to be a Loan Counselor, Loan Counselors license and certifications, majors to be a Loan Counselor, is it hard to become a Loan Counselor and how long does it take
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Written by: Stanley Tan
Loan Counselors provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.