The Loan Officer online test assesses candidates’ knowledge in determining all applicable ratios and metrics and setting up debt payment plans.
ABOUT LOAN OFFICER ONLINE TEST
Loan Officer Test has been designed by our global Subject Matter Experts (SME)s to assess knowledge of Loan Officer as per Industry Standards. The online Loan Officer test helps recruiters & hiring managers to screen & hire candidates with excellent interpersonal & negotiation skills before an interview.
The Loan Officer skill test enables employers and recruiters to identify potential hires by evaluating job readiness. For this reason, the emphasis is laid upon evaluating the knowledge of applied skills gained through real work experience rather than theoretical knowledge. Using powerful reporting, you can have a detailed analysis of the Loan Officer quiz results to help you make a better hiring decision and predict the candidate’s performance.
This Loan Officer Test is designed considering EEOC guidelines. It will help you assess & hire diverse talent without any bias.
Loan Officer assessment test may contain MCQ’s (Multiple Choice Questions), MAQ’s (Multiple Answer Questions), Fill in the Blanks, Descriptive, Audio / Video Questions, Coding Simulations, etc.
LOAN OFFICER ONLINE TEST INCLUDES
- Communication Skills
- Interpersonal Skills
- Problem Solving
- Negotiation Skills
- Banking Applications/Software
- Critical Thinking
Test Type: May include Multiple Choice Questions, Case Study or Assignments
Language: Available in English. Can be offered in other languages if requested.
Author: Xobin Subject Matter Experts
What type of questions does this assessment include?
MCQs, Fill in the blanks, subjective questions, case studies and assignment-based questions can be asked, In the case of technology test coding-based questions can also be included.
How can I customize this assessment?
By pressing the Edit button inside the assessment card you can start editing the assessment. Timer, Total Cut-off, adding and deleting the questions are some of the customization’s that can be done.
What are the Proctoring and Anti-Cheating Mechanisms provided for this test?
Proctoring can be enabled in the test settings.
The test consists of webcam proctoring, Keystroke recording, and off tab activity & browser monitoring. If the candidate tries to navigate away from the test tab, Off tab activity & browser monitoring triggers a pop-up warning. To know more visit- https://xobin.com/online-remote-proctoring
What are minimum cutoff scores and should I use them?
Minimum cutoff scores are used to filter out candidates who score below a certain threshold. Deciding if and where to set a minimum cutoff score depends on the size of your applicant pool as well as the nature of the position. Our testing system can provide recommendations for where to set minimum cutoff scores based on our database of average score ranges for a wide variety of positions.
What kind of reports do I get post the test completion?
Within 5 seconds of the submission of the test by the candidate, the report is generated and mailed to the admin. The report consists of a detailed analysis of the test with charts and colors for better and easy understanding. The report covers the sectional time taken and the scores of the particular section. To know more visit- xobin.com/reports