Loan Officers
SOC Code: 13-2072
Loan Officerss meet with applicants to obtain information for loan applications and to answer questions about the process. This career typically requires considerable preparation (2-4 years). With an AI-proof score of 74.3/100, this role has high resilience to automation. Key skills include Active Listening, Active Listening, Reading Comprehension.
AI-Proof Score: 74.3 — High
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Median Salary
$74,180
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Job Growth
1.7%
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Training Time
Considerable preparation (2-4 years)
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Job Zone
Zone 4 / 5
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Training Cost
~$40,000
Key Skills
- •Active Listening
- •Reading Comprehension
- •Critical Thinking
- •Speaking
- •Writing
- •Judgment and Decision Making
Common Tasks
- ✓Meet with applicants to obtain information for loan applications and to answer questions about the process.
- ✓Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
- ✓Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
- ✓Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
- ✓Submit applications to credit analysts for verification and recommendation.
Training & Resources
Why AI-Proof?
- ✅Requires hands-on physical presence and dexterity
- ✅Demands human empathy, judgment, and trust
- ✅Operates in unpredictable, variable environments
- ✅Social and regulatory barriers to full automation