A Day In The Life
Business, Entrepreneurialism, and Management Field of Interest
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Contact an Advisor for more information on this career!Salary Breakdown
Loan Interviewers and Clerks
Average
$46,750
ANNUAL
$22.48
HOURLY
Entry Level
$30,010
ANNUAL
$14.43
HOURLY
Mid Level
$47,530
ANNUAL
$22.85
HOURLY
Expert Level
$61,270
ANNUAL
$29.46
HOURLY
Supporting Programs
Loan Interviewers and Clerks
Projected Jobs
Loan Interviewers and Clerks
8,160
Projected job openings through 2030
Top Expected Tasks
Loan Interviewers and Clerks
01
Verify and examine information and accuracy of loan application and closing documents.
02
Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts.
03
Record applications for loan and credit, loan information, and disbursements of funds, using computers.
04
Submit loan applications with recommendation for underwriting approval.
05
Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications.
06
File and maintain loan records.
07
Contact credit bureaus, employers, and other sources to check applicants' credit and personal references.
08
Check value of customer collateral to be held as loan security.
09
Interview loan applicants to obtain personal and financial data and to assist in completing applications.
10
Prepare and type loan applications, closing documents, legal documents, letters, forms, government notices, and checks, using computers.
Knowledge, Skills & Abilities
Loan Interviewers and Clerks
Common knowledge, skills & abilities needed to get a foot in the door.
KNOWLEDGE
Customer and Personal Service
KNOWLEDGE
English Language
KNOWLEDGE
Administrative
KNOWLEDGE
Computers and Electronics
KNOWLEDGE
Law and Government
SKILL
Active Listening
SKILL
Speaking
SKILL
Reading Comprehension
SKILL
Critical Thinking
SKILL
Writing
ABILITY
Oral Comprehension
ABILITY
Written Comprehension
ABILITY
Oral Expression
ABILITY
Speech Clarity
ABILITY
Speech Recognition
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