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.Salary by State
| State Name | Employment | Annual Salary | Hourly Salary | |
|---|---|---|---|---|
| Alabama | 2,820 | $36,200 | $17.40 | |
| Alaska | 360 | $47,520 | $22.85 | |
| Arizona | 10,990 | $46,750 | $22.48 | |
| Arkansas | 2,580 | $40,390 | $19.42 | |
| California | 21,710 | $50,010 | $24.05 | |
| Colorado | 5,290 | $49,400 | $23.75 | |
| Connecticut | 1,700 | $47,970 | $23.06 | |
| Delaware | 900 | $39,930 | $19.20 | |
| District of Columbia | 190 | $54,180 | $26.05 | |
| Florida | 12,780 | $44,340 | $21.32 | |
| Georgia | 8,180 | $38,480 | $18.50 | |
| Hawaii | 780 | $48,700 | $23.41 | |
| Idaho | 1,240 | $41,770 | $20.08 | |
| Illinois | 10,790 | $45,170 | $21.72 | |
| Indiana | 4,820 | $39,340 | $18.91 | |
| Iowa | 3,500 | $44,210 | $21.26 | |
| Kansas | 3,280 | $45,220 | $21.74 | |
| Kentucky | 3,900 | $42,090 | $20.24 | |
| Louisiana | 2,240 | $39,000 | $18.75 | |
| Maine | 1,140 | $43,490 | $20.91 | |
| Maryland | 3,490 | $46,080 | $22.16 | |
| Massachusetts | 3,940 | $51,760 | $24.89 | |
| Michigan | 8,910 | $44,080 | $21.19 | |
| Minnesota | 4,500 | $47,010 | $22.60 | |
| Mississippi | 1,830 | $37,470 | $18.02 | |
| Missouri | 9,370 | $41,130 | $19.77 | |
| Montana | 1,000 | $43,320 | $20.83 | |
| Nebraska | 1,570 | $42,170 | $20.27 | |
| Nevada | 1,590 | $45,540 | $21.89 | |
| New Hampshire | 1,020 | $47,570 | $22.87 | |
| New Jersey | 4,420 | $49,700 | $23.89 | |
| New Mexico | 800 | $44,680 | $21.48 | |
| New York | 6,180 | $53,110 | $25.54 | |
| North Carolina | $46,570 | $22.39 | ||
| North Dakota | 750 | $47,830 | $23.00 | |
| Ohio | 9,030 | $44,300 | $21.30 | |
| Oklahoma | 3,460 | $38,140 | $18.34 | |
| Oregon | 3,450 | $47,700 | $22.93 | |
| Pennsylvania | 7,100 | $43,160 | $20.75 | |
| Rhode Island | 810 | $43,740 | $21.03 | |
| South Carolina | 3,000 | $37,440 | $18.00 | |
| South Dakota | 1,890 | $39,960 | $19.21 | |
| Tennessee | 4,270 | $40,880 | $19.66 | |
| Texas | 26,170 | $44,320 | $21.31 | |
| Utah | 3,640 | $43,330 | $20.83 | |
| Vermont | 310 | $44,470 | $21.38 | |
| Virginia | 7,610 | $46,280 | $22.25 | |
| Washington | 4,070 | $51,290 | $24.66 | |
| West Virginia | 570 | $35,570 | $17.10 | |
| Wisconsin | 5,170 | $43,670 | $20.99 | |
| Wyoming | 510 | $41,390 | $19.90 |
Education
The programs listed below are typically the education paths that can land you this kind of job.
A program that prepares individuals to perform a wide variety of customer services in banks, insurance agencies, savings and loan companies, and related enterprises. Includes instruction in communications and public relations skills, business equipment operation, and technical skills applicable to the methods and operations of specific financial or insurance services.
University of Alaska Fairbanks
Fairbanks, AK
Certificate
Phoenix College
Phoenix, AZ
Certificate
Associate Degree
Rio Salado College
Tempe, AZ
Certificate
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$44,910 per yearNational average salaryDecliningJob growth rate
-
High school diploma or equivalentTypical education requirement
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Short-term on-the-job trainingTypical on-the-job training requirement
Educational Attainment
The following chart shows the highest education level completed by those working as loan interviewers and clerks.
- Less than high school 2%
- High school graduate 25%
- College dropout 32%
- Associate’s degree 13%
- Bachelor’s degree 25%
- Master’s degree 4%
- Doctorate degree 0%
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