How To Become An Agricultural Loan Officer: What It Is and Career Path

What is an agricultural loan officer and how to become one

Updated January 8, 2025

3 min read

As an Agricultural Loan Officer, you will be providing people in the agricultural sector with loan assistance. You will be assessing potential recipients and determine the needs and costs needed for farmers, livestock owners, and fishers to continue their operation.

As an Agricultural Loan Officer, you need to be detail-oriented; there is little to no room for mistakes in this field of work. The livelihood of people working in the agricultural sector depends on you. Next is initiative. You need to have initiative and the willingness to take charge. Lastly, interpersonal skills are essential as an Agricultural Loan Officer. Again, you are dealing with a lot of people, so you need to communicate efficiently at all times.

You can earn around $40,811 per year on average with an 8% job growth rate. You also have the chance to further your career as you start as an Agricultural Loan Officer. You can be an officer, a manager, a Vice President, or a Vice President and Manager.

ScoreAgricultural Loan OfficerUS Average

Salary

3.4

Avg. Salary $43,755

Avg. Salary $59,228

Stability level

7.3

Growth rate 4%

Growth rate 0.3%

Diversity

5.4

Race

American Indian and Alaska Native 0.48%

Asian 7.00%

Black or African American 10.35%

Hispanic or Latino 12.33%

Unknown 4.70%

White 65.14%

Gender

female 22.60%

male 77.40%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress level

7.3

Stress level is high

7.1 - high

Complexity level

8.8

Complexity level is advanced

7 - challenging

Work life balance

5.6

Work life balance is fair

6.4 - fair

Key steps to become an agricultural loan officer

Explore agricultural loan officer education requirements

Most common agricultural loan officer degrees

Bachelor's

64.5 %

Master's

15.3 %

Associate

8.1 %

Start to develop specific agricultural loan officer skills

Skills	Percentages
Loan Portfolio	56.99%
Financial Statements	12.44%
Loan Committee	9.30%
Origination	7.02%
Financial Data	3.55%

Complete relevant agricultural loan officer training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New agricultural loan officers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an agricultural loan officer based on U.S. Bureau of Labor Statistics data and data from real agricultural loan officer resumes.

Research agricultural loan officer duties and responsibilities

Follow up leads for refinance loans gather all applications and necessary paperwork to qualify applicants from origination to close of escrow.
Follow up leads for refinance loans gather all applications and necessary paperwork to qualify applicants from origination to close of escrow.
Establish linkages and networking with the local authorities and other NGOs for effective implementation of the programme.
Participate in small arms range live fire training and ammunition handling safety.

Apply for agricultural loan officer jobs

Now it's time to start searching for an agricultural loan officer job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

How do agricultural loan officers rate their job?

-/5

5 stars

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Agricultural loan officer reviews

A zippia user wrote a review on Mar 2022

Pros

Helping People, secure a better financial future

Cons

Having to Decline applicants