The loan officer duties specifically include dissemination of information to the clients about the different kinds of loans that are available and in giving them the right kind of guidance for applying for the loans and even monitoring the way in which they make the payments. Loan Officer Duties extend to all kinds of loans – commercial loans, consumer loans and mortgage loans. They have to technical help people in getting loans from financial institutions and banks, and tell them of the cheapest options according to their affordability and requirements.