How to Become a Loan Officer

In Texas

How to Become a Loan Officer in Texas

If you enjoy working with others and want the chance to improve people’s lives, a career as a loan officer could be perfect for you. You will review credit reports and match people with lending options that make sense for their situation.

Loan officers must also protect the interests of the banks and other financial institutions for which they work by evaluating the risk of lending to those applying for loans. Working as a Texas loan officer is challenging and rewarding, and you will have plenty of chances to improve your income as you build your experience. This guide shows you how to become a Texas loan officer so that you can get started in the right direction.

Background Check

Make sure you can pass a background check before getting started because certain crimes can prevent you from becoming a loan officer in Texas. You don’t want to invest time and money in becoming a loan officer to later discover you don’t qualify. Those with a felony in the last seven years can’t apply, and people with a felony related to fraud can never be a loan officer in any state.


Becoming a loan officer in Texas requires you to meet the educational standards, so you must take 23 hours of classes. The first 20 hours cover the national educational requirement, and the following three hours cover laws specific to Texas. The classes you take prepare you for the exam and get you ready for the situations you will face once you begin your career.

You must remember that laws and regulations change over time, and that is why you have to take eight hours of ongoing training each year you want to maintain your Texas loan officer license. This requirement ensures you don’t forget anything and that you remain updated on the latest laws in the lending industry.


After you have completed your 23-hour course to become a Texas loan officer, your next step is to sign up for and take the exam. Reviewing your course material in the days leading up to the exam is smart if you want to optimize your chance of passing the first time. You must complete the test with a score of 75 percent or higher to pass, and you will have 190 minutes to answer 125 multiple-choice questions. You need to wait two weeks to retake the test if you don’t pass, and you will need to wait six months if you fail after two retakes.


You will be ready to apply for loan officer positions once you pass your test. You can look online for jobs in your area, but some schools provide job placement services after you finish your education. Read the job description and research the company for which you want to apply to make sure it’s a good fit for you and your goals.

Final Thoughts

You must complete 23 hours of education, pass a background check and pass the exam to become a loan officer in Texas. You will then need to complete eight hours of ongoing training each year to make sure you know the latest laws and remember other parts of your training. If you are ready to move forward and set your dream in motion, you can get started right away.

Do you want to learn more about becoming a loan officer? 

Check out our comprehensive guide on How to Become a Loan Officer in 7 simple steps.

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