Should I Become a Loan Officer (One Minute Quiz)

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Career Quiz and Most Suitable Personality

Loan Officers

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, loan underwriters, and payday loan officers.

Salary
$76930
Becoming One
Hard
Education
Bachelor's degree
Job Satisfaction
Job Growth

Personality
Interest Match



Career Quiz

In this career quiz, there are 10 questions that will give you a pretty good perspective on whether the career of a Loan Officer 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

Question Dislike Okay Like
You are interested in principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
You are 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.



Suitable Personality

Best personality for this career

The Organizers and The Entrepreneurs


People who are suitable for this job tends to 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.

You can read more about these career personality types here.


Typical Day

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..

Here is what a typical day’s work for a Loan Officer looks like:

  • 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.
  • Meet with applicants to obtain information for loan applications and to answer questions about the process.
  • Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
  • Review loan agreements to ensure that they are complete and accurate according to policy.

Find out more about what Loan Officers do at work.



Learn more about Loan Officers

Summary
Job Description
Salary
Requirements
Quiz (You are here)

Related to Loan Officers Quiz

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