Popular Careers

Career Development

Career development resources for aspiring professionals.

Career Change Center

Career change guides, tutorials and resources for professionals in transition.

Job Search Resources

Job search resources, websites, guides and directories for job seekers.


Career and Education Opportunities for Loan Officers in Florida

Florida has a population of 18,537,969, which has grown by 15.99% over the past 10 years. Nicknamed the "Sunshine State," its capital is Tallahassee, though its largest city is Jacksonville.

There are currently 29,370 working loan officers in Florida; this should grow 34% to about 39,300 working loan officers in the state by 2016. This is better than the nation as a whole, where employment opportunities for loan officers are expected to grow by about 10.1%. Loan officers generally evaluate, authorize, or recommend approval of commercial, real estate, or credit loans.

The income of a loan officer is about $24 per hour or $51,030 annually on average in Florida. In the U.S. as a whole, their income is about $26 hourly or $54,700 annually on average. Earnings for loan officers are not quite as good as earnings in the general category of Accounting and Auditing in Florida and not quite as good as general Accounting and Auditing category earnings nationally. People working as loan officers can fill a number of jobs, such as: bank representative, loan workout officer, and mortgage originator.

In 2008, there were a total of 10,424,100 jobs in Florida. The average annual income was $39,064 in 2008, up from $39,036 the previous year. The unemployment rate in Florida was 10.5% in 2009, which has grown by 4.2% since the previous year. About 22.3% of Florida residents have college degrees, which is lower than the national average.

The top industries in Florida include employment services, professional employer organizations, and water transportation. Notable tourist destinations include the Nature's Botanica Boutique, the Jacksonville Maritime Museum Society Inc, and the Museum of Science and History.

CITIES WITH Loan Officer OPPORTUNITIES IN Florida


JOB DESCRIPTION: Loan Officer

Loan Officer video from the State of New Jersey Dept. of Labor and Workforce Development

In general, loan officers evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. They also advise borrowers on financial status and methods of payments.

Every day, loan officers are expected to be able to articulate ideas and problems. They need to see details at a very fine level of focus. It is also important that they listen to and understand others in meetings.

Similar jobs with educational opportunities in Florida include:

  • Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
  • Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
  • Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
  • Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
  • Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
  • Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
  • Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
  • Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
  • Insurance Underwriter. Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
  • Loan Counselor. Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
  • Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
  • Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

LOCATION INFORMATION: Florida

Florida
Florida photo by Mwanner

Florida has a population of 18,537,969, which has grown by 15.99% over the past 10 years. Nicknamed the "Sunshine State," its capital is Tallahassee, though its biggest city is Jacksonville. In 2008, there were a total of 10,424,100 jobs in Florida. The average annual income was $39,064 in 2008, up from $39,036 the previous year. The unemployment rate in Florida was 10.5% in 2009, which has grown by 4.2% since the previous year. About 22.3% of Florida residents have college degrees, which is lower than the national average.

The top industries in Florida include employment services, professional employer organizations, and water transportation. Notable tourist destinations include the Fish Mania, the Mike S Aquatics, and the Cummer Museum of Art & Gardens.