How To Become a Loan Interviewer and Clerk

Stan T.Career, RequirementsLeave a Comment

How Long Does It Take, What Degree Do You Need, and More

Loan Interviewers and Clerks

Loan Interviewers and Clerks 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.

Salary
$42780
Becoming One
Medium
Education
No degree required
Job Satisfaction
Job Growth

Personality



What degree do you need

Recommended degree level

High School Diploma

We did a survey to ask other Loan Interviewers and Clerks what degree they had when they became a Loan Interviewer and Clerk. Here are the results.
High School Diploma
42.85%


Bachelor’s Degree
38.26%


a Post-Secondary Certificate
12.12%


One of the most common questions that we always get is what major or degree do I need to become Loan Interviewers and Clerks or what courses do I need to take.

We also asked Loan Interviewers and Clerks what did they major in college or university and here are the top 5 most popular majors that came up.

Banking and Financial Support Services

Loan Interviewers and Clerks typically need a high school diploma or equivalent to enter the occupation. Employers of Loan Interviewers and Clerks may prefer candidates who have taken some college courses in business or economics, and in some cases require a 2- or 4-year college degree.



How hard is it

Difficulty
Not Too Hard

You may need some previous work-related skill, knowledge or experience to be a Loan Interviewer and Clerk. For example, an electrician must complete three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.

Careers in this difficulty category will usually need 1 or 2 years of on-the-job training and informal training with experienced workers. These careers usually involve using communication and organizational skills to coordinate, supervise, manage, or train others to accomplish goals. Similar careers include hydroelectric production managers, travel agents, electricians, court reporters, and medical assistants.


Related work experience required
2 to 4 years

2 to 4 years
30.55%


6 months to 1 year
23.78%


6 to 8 years
13.61%


Job training
1 to 2 years

1 to 2 years
37.83%


Up to 1 month
25.32%


1 to 3 months
23.97%



License and certifications

Do you need any license or certification
Not required

No license or certification required for Loan Interviewers and Clerks


Skills required

We asked other Loan Interviewers and Clerks if they could only have 5 skills, what would they be. Here is what they said.

1. Active Listening what does this mean
2. Speaking what does this mean
3. Reading Comprehension what does this mean
4. Writing what does this mean
5. Critical Thinking what does this mean

= Hot in-demand that most employers are looking for


Knowledge required

Just like any other job, you will need certain know-hows to excel at your job. Loan Interviewers and Clerks are generally very knowledgeable in these 5 key areas.

1. Customer and Personal Service what does this mean
2. English Language what does this mean
3. Mathematics what does this mean
4. Clerical what does this mean
5. Economics and Accounting what does this mean


Learn more about Loan Interviewers and Clerks

Summary
Job Description
Salary
Requirements (You are here)
Quiz

Related to Loan Interviewers and Clerks Requirements

Loan Interviewers and Clerks requirements, how to become Loan Interviewers and Clerks, degree required to be a Loan Interviewer and Clerk, Loan Interviewers and Clerks license and certifications, majors to be a Loan Interviewer and Clerk, is it hard to become a Loan Interviewer and Clerk and how long does it take


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