Loan Documentation Specialist
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
At a Glance
Loan Documentation Specialist earns an average of $34,320/yr. Typical education: High school or GED. Experience: 2 years. Top skills: Customer Service, Loans, Self-Motivation.
$34,320/yr
High school or GED
2 years
2
Parent Occupation (O*NET)
Loan Interviewers and Clerks
Median Wage
$48,950/yr
Growth (2024-34)
-2.3%
Education
High school diploma or equivalent
Skills & Requirements
Specialized Skills (17)
Loans
Loan Documentation
Office Equipment
Billing
Settlement
Commercial Loan Documentation
Data Entry
Call Center Experience
Syndicated Finance
Derivatives
Commercial Banking
Commercial Lending
Construction Loans
Loan Syndication
Policy Procedures
Appraisals
Asset-Based Lending
Common Skills (13)
Customer Service
Self-Motivation
Detail Oriented
Operations
Quality Assurance
Clerical Works
Business Administration
Relationship Management
Decision Making
Quality Control
Multitasking
Verbal Communication Skills
Related Specializations
Other specialized occupations in this field. Many share overlapping skills, making lateral moves more accessible.
Related Pages
Frequently Asked Questions
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