Skip to Main Content

Home Explore Careers

Loan Processors

Outlook

The Great Recession had a negative impact on the real estate industry. Fewer people could afford to purchase homes and new cars, and the number of loan request declined, prompting a commensurate drop in employment for loan processors. In recent years, the economy has bounced back and requests for loans of all types have increased—prompting improved career opportunities for loan processors. Those with advanced education, certification, and considerable experience will have the best job prospects. In the future, employment may slow as a result of the automation of some tasks performed by loan processors and industry consolidation.

Join Vault Gold to unlock this premium content

Earnings - Outlook - Resources & Associations and more

Submit a Review and Get 7 FREE DAYS of Vault Gold

Are you a student? You may have FREE access.

Vault partners with thousands of colleges, universities and academic institutions to provide students with FREE access to our premium content. To determine if your school is a partner, please enter your school email address below.

Featured Companies