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The Office of Career Services
Library Building, Room 429 & 430
222-05 56th Avenue
Bayside, NY 11364
Phone: (718) 631-6297

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Occupation Info


Loan Counselor

Overview: 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.
Duties:
Degree(s): A.A.S. Accounting 
A.A.S. Management: Marketing Concentration 
A.A.S. Management: Real Estate-Insurance Concentration 
A.S. Business Administration (Accounting and Marketing) 
Job Outlook: Employment of loan counselors is expected to grow as fast as average through 2018. Employment growth will be driven by economic expansion and population increases. Growth will be partially offset by increased automation that speeds the lending process and by the growing use of the Internet to apply for and obtain loans.
Education Level: Typically, a Bachelor’s Degree from a 4-year college (some are 5 years) is required to be considered for this occupation.
Recommended Skills:
  • Talking, giving speeches, or speaking in a group to convey information, explain ideas, or give instructions.
  • Using logic to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • The ability to understand complex written paragraphs, instructions, or reports.
  • Paying attention to what other people are saying, and taking time to understand the points being made.
  • Weighing out the options in a situation or a problem and logically choosing the best course of action.
  • Using mathematics and/or statistics to solve problems.
Recommended Values:
  • Having a level of income that will afford you with luxuries, and which will allow you to become financially independent.
  • Being able to decide on how to get something done without significant direction from someone else.
  • Being involved in helping other people in a direct way either individually or in a small group.
  • Gaining the respect of others by the nature and/or level of responsibility of your work.
  • Having a routine job where the duties are very predictable and not likely to change over a long period of time.
 

* National data collected by the Department of Labor between 2008-2012.
* For New York salary data information please click here
* For New York green job information please click here.

Understanding acquiring positions in this field may be enhanced through continuing academic study (i.e. earning a baccalaureate or a master's degree) and/or work experience in the field, Queensborough Community College has established transfer agreements with other institutions for students who wish to further pursue their educational goals. Students are highly encouraged to meet with one of our Career Services to fully understand the opportunities available through study in their degree program.