What are the Job Duties of a Loan Officer?
Answer:
A loan officer works as a liaison for his or her loan company and the applications and recipients of a loan. 
Loan officer must find loans that are in the interest of the financial institution providing the loan, but which are also good for the customers.  Because of this, a loan officer must be extremely knowledgeable about the different types of loans, as well as any current special interest rates, or other information that might be helpful to the customer when choosing a loan.

A loan officer must also evaluate the financial history and current situation of applicants.  Some loan applicants have good credit histories and will be eligible for most mainstream loans, while others will have adverse or ambiguous credit histories.  If the applicants do not have good credit histories, a loan officer needs to be able to find loans which work for the applicants, and which the applicants will be able to repay.
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