GraduateSmart
GraduateSmart
Evaluate and authorize approval of loan applications for individuals and businesses.
$48,000
Lower reported wage
$74,180
Median
$145,780
Upper reported wage
Annual U.S. salaries. Actual pay varies by location, employer, and experience. The lower and upper figures do not represent starting and senior salaries.

Build a personalized Roadmap Plan with CLEP savings and school matches.
Create free account →Mortgage loan officers must be licensed; do not apply that requirement automatically to every loan-officer role. [1]
Search CareerOneStop by occupation and state, then confirm the rules with the issuing agency. Coverage is incomplete; an empty result does not mean no license is required.
About license data coverageExam is FREE with Modern States
Sign up free at modernstates.org, complete the course, and receive a voucher that covers the full $97 exam fee.
modernstates.orgCLEP Financial Accounting
3 credits · Accounting
$1,703
saved
CLEP Principles of Management
3 credits · Business Management
$1,703
saved
CLEP Principles of Marketing
3 credits · Business & Marketing
$1,703
saved
CLEP Introductory Business Law
3 credits · Business & Law
$1,703
saved
U.S. career guide. Program, employer, and state requirements can differ.
Direct match. Median $74,180. ~283,000 jobs.
Illustration: AI-generated image · Illustrative scene
Ask whether any internship, field placement, or supervised training in your chosen route is paid; arrangements vary. [1]
Compare tuition after aid, required supplies and exams, travel, and any unpaid training time for the route you choose.
Planning questions: request a written estimate from each program or sponsor. A total cost has not been verified here.
A related major can be preparation; it does not by itself qualify you for the career.
Evaluate loan applications, explain terms, and recommend or authorize decisions within employer rules. [1]
Loan officers work mainly for banks, credit institutions, and mortgage companies. [1]
Usually full time; customer meetings may extend beyond regular office hours. [1]
Financial accuracy, fair treatment, regulation, and high-value decisions require careful judgment. [1]
Experience may lead to specialized commercial lending or management responsibilities. [1]
These are possible directions. Promotion timing and pay depend on the role and employer.