Good news for loan officers and counselors: employment is expected to be faster for you than applicants for other jobs. This will be due to the increasing population, expanding economy and low interests rates which causes more applications for consumer, commercial and mortgage loans. However this would be moderated by refinancing of mortgages, increase in technology and the fluctuations of the economy. However loans are the major source for banks’ revenue, so loan officers will still continue to be needed despite all the tempering factors. Also, when there’s a decline in the economy, the banks will retain these officers and they will just pay them less commission than usual.