how do you become a loan officer 
a loan officer is a bank employee who is responsible for approving mortgages car loans and other loans each state has different licensing requirements but the standard is at least 20 hours of pre licensing classes in addition mortgage loan officers must pass the nmls national test in addition to a criminal background check and credit check commercial loan officers have fewer requirements but their employers may still require additional credentials the bottom lineloans are one of the basic building blocks of the financial economy by loaning out money with interest lenders are able to provide funding for economic activity while being compensated for their risk from small personal loans to billion dollar corporate debts lending money is an essential function of the modern economy 