Business & Finance
Loan Interviewers and Clerks
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
Median salary
$48,950
Typical range
$36k – $66k
Job outlook
See national outlook
AI exposure
Plan a path to Loan Interviewers and Clerks
Education
Typical entry: Associate degree
Plan my path to this →Typical progression
Junior Loan Interviewers and Clerks
Entry / Junior
$36,360
~2 yrs to advance
Loan Interviewers and Clerks
Established
$48,950
~3 yrs to advance
Senior Loan Interviewers and Clerks
Senior
$57,430
Key skills
A typical day
- •Verify and examine information and accuracy of loan application and closing documents.
- •Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts.
- •Record applications for loan and credit, loan information, and disbursements of funds, using computers.
- •Submit loan applications with recommendation for underwriting approval.
- •Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications.
Fields of study
Any field
Top colleges for Business & Finance
Explore all- University of Pennsylvania6% admit · $112,000 grad pay
- Massachusetts Institute of Technology4% admit · $124,000 grad pay
- Harvard University4% admit · $119,000 grad pay
- University of California, Berkeley11% admit · $97,000 grad pay
- New York University12% admit · $84,000 grad pay
Reputation-based selection; stats shown are outcome data per school.