Loan Officer Aptitude Test Assessment

Candidates Assessed

12537+

Organizations Served

112+

Our loan officer test enables recruiters and hiring managers to hire job-fit candidate within a short period & take unbiased decision. This test is useful for hiring loan officer and helps to reduce hiring cost by 40%.

Test Summary

VERBAL ABILITY

Verbal ability is essential because grammar and vocabulary is a prerequisite for good spoken and written English.

VERBAL REASONING

Reading comprehension indicates ability to comprehend and reason with the concepts in a written page.

QUANTITATIVE APTITUDE

Quantitative ability will indicate analytical thinking and problem-solving ability.

LOGICAL REASONING

Logical Reasoning is assessed through

Statement/Conclusion
Cause /Effect and
Statement/Fact questions

These questions will indicate the quality of deductive reasoning and inductive reasoning which contribute to Critical thinking ability.

ABSTRACT REASONING

Abstract reasoning will indicate the ability to think clearly, identify logical patterns, learn new skills and solve complex problems. It is an indicator of fluid intelligence and shows an ability to strategize.

The test may contain MCQ's (Multiple Choice Questions), MAQ's (Multiple Answer Questions), Fill in the Blank, Descriptive, Whiteboard Questions, Audio / Video Questions, True or False.

Test Duration: 20 minutes

No. of Questions: 20

Level of Expertise: Entry/Mid/Expert

Useful for hiring

Loan Officer

Topics Covered

Accounting Fundamental

iMocha’s loan officer test evaluates a candidate’s understanding about accounting fundamentals such as recording, summarizing, analyzing, and then reporting financial data

Financial Management

This assessment evaluates a candidate’s ability to manage financial activities of an organization

Numerical Reasoning

Our loan officer aptitude test helps recruiters and hiring managers to assess candidate’s ability to solve numerical problems by interpreting numerical data

Excel 2016

This assessment evaluates a candidate’s ability to work on Microsoft Excel which helps to manage and control large amounts of data

Sample Questions

Choose from our 100,000+ question library or add your own questions to make powerful custom tests

Question types:

Multiple Option

Topic:

Corporate Finance

Difficulty:

Medium

Q 1. Harry extracted the following information from the financial statements of a company. What will be the degree of financial leverage in this scenario?

Financial Statement in tabular format

1.6

1.5

1.25

Question types:

Multiple Option

Topic:

HLOOKUP

Difficulty:

Medium

Q 2. Miguel wrote some complex combined formulas. What is the output of the given formula based on the table with data contained in the range A1: B5?

HLOOKUP(44,A2:B5,3) - HLOOKUP(53,A4:B5,2) =

Table with section and value column

You can customize this test by

Setting difficulty level of test

Choose easy, medium or hard questions from our skill libraries to assess candidates of different experience levels.

Combining multiple skills into one test

Add multiple skills in a single test to create an effective assessment. Assess multiple skills together.

Adding your own questions to the test

Add, edit or bulk upload your own coding questions, MCQ, whiteboarding questions & more.

Requesting a tailor-made test

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Related Skills

Trusted By

Pedro Furtado, Capacity Manager, Altran-Portugal

“Finding quality talent is a challenge more so when you consider the sheer number of resumes we get each year. To top this, the time we spent on our recruitment process was humongous. iMocha helped us to cut down on our candidate filtration time by 40 %, making it our preferred assessment tool.”