Loan Officers Quiz: Is This The Right Career For Me

Stanley TanLeave a Comment



is Loan Officers the right job for me
what career should i pursue

Loan Officers

Other names for this job might include Agricultural Loan Officer, Bank Officer, Bank Representative, Banking Services Officer, Branch Account Executive, Branch Account Manager, Branch Banker, Branch Lending Officer, Branch Manager, Business Banker


  • $75170
    Salary
  • 74%
    Job satisfaction
  • Medium
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

A



Should I Be A Loan Officer – 1 Min Quiz


In this career quiz for Loan Officers, you will find out if working as one is right for you.

After taking this career quiz, you will find out if becoming a Loan Officer is the right career choice for you and if you should become one.



Is This Right For Me

Best personality for this career
The Organizers and The Persuaders


People who are suitable for to be A Loan Officer like following set procedures and routines. They like working with data and details more than with ideas.

They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.

Now let’s assume that your personality matches. Should you still consider becoming A Loan Officer?

Not so fast because you may or may not like what Loan Officers do at their day to day work.

At a typical day’s work, they Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.

Loan Officers also Obtain and compile copies of loan applicants’ credit histories, corporate financial statements, and other financial information..

Here are some of the things that you can expect to be doing if you decide to become A Loan Officer.

1.Meet with applicants to obtain information for loan applications and to answer questions about the process.
2.Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
3.Review loan agreements to ensure that they are complete and accurate according to policy.
4.Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
5.Handle customer complaints and take appropriate action to resolve them.

You can read more about what do Loan Officers do here.

Generally, people who are suited for this job have Integrity and Stress Tolerance. Here are their top 5 characteristics.

1.Integrity
2.Stress Tolerance
3.Attention to Detail
4.Achievement/Effort
5.Dependability

Are Loan Officers introverts or extroverts?

According to our introvert and extrovert rating score, Loan Officers are ranked #720 out of 974 jobs for introverts and #274 for extroverts.



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Instructions to Quiz

In this career quiz, there are 10 questions that will analyze if the Loan Officers career is right for you.

There are 3 answers to each question: Dislike, Okay and Like.

Answer “Dislike” if you tell yourself “Ugh… Sounds boring” or “I’m not sure”
Answer “Okay” if you tell yourself “Umm… I think I will be okay with that”
Answer “Like” if you tell yourself “Yes, I’m interested”

Ready? Let’s start



Career Quiz

QuestionDislikeOkayLike
You’re interested in customer and personal service like customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
You’re interested in economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
Obtain and compile copies of loan applicants’ credit histories, corporate financial statements, and other financial information.
You like following set procedures and routines.
You like working with data and details more than with ideas.
You like starting up and carrying out projects.
You like leading people and making many decisions. You don’t mind risk taking and dealing with business.
You like working with, communicating with, and teaching people.
You like helping or providing service to others.



Your Results

Done?

Now count how many points you have.
Dislike = 0 point
Okay = 1 point
Like = 2 points

After you’re done counting your points. Click below to view your results.

Here are your results.
00 to 09 points = You will not like this career
10 to 15 points = You are the right person for the job
16 to 20 points = You are perfect for this career


How we can help

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Yes, I'm sure


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They prepare tax returns for individuals or small businesses.
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They 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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Career type

Business and Finance
Banking and Related Services, Financial and Investment Planning

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Learn more about Loan Officers

Summary
Job Description
Salary
Requirements
Is This Right For Me (You are here)

Study To Be A Loan Officer


Related to Loan Officers Quiz

Loan Officers quiz, should i become a Loan Officer, is Loan Officers suitable for me, do i want to be a Loan Officer, Loan Officers personality test

Additional resources

http://www.bls.gov/OOH/business-and-financial/loan-officers.htm
http://www.aba.com/
https://www.mba.org/
http://mortgage.nationwidelicensingsystem.org/Pages/default.aspx

OwlGuru.com
OwlGuru.com is a career and college finder site. We help students to find a career and college that is right for them.
Loan Officers
Written by: Stanley Tan
Loan Officers 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, and loan underwriters.
4.8 / 5 stars

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