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.
Loan Interviewers and Clerks
SOC: 43-4131 O*NET: 43-4131.00
Median Salary
$48,950
per year
Job Growth
📉 -2.3%
Slower (2024-2034)
Annual Openings
13.3
projected jobs/year
Education Level
Vocational school, on-the-job training, or associate degree
Job Zone 3
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.
Overview
Compensation & Benefits
Salary Distribution by Percentile
Understanding where you might fall in the salary range based on experience and location.
10th
$29,370
25th
$39,160
50th (Median)
$48,950
75th
$58,740
90th
$73,425
Percentile Explained: If you're in the 75th percentile, you earn more than 75% of workers in this occupation. Entry-level positions typically fall in the 10th-25th percentile range, while experienced professionals often reach the 75th-90th percentile.
Typical Benefits Package
Health & Wellness
- ✓Health Insurance
- ✓Dental Insurance
- ✓Vision Insurance
- ✓Mental Health Support
- ✓Wellness Programs
Financial Benefits
- ✓401(k) Retirement Plan
- ✓Employer Match (typically 3-6%)
- ✓Profit Sharing
- ✓Stock Options
- ✓Performance Bonuses
Work-Life Balance
- ✓Paid Time Off (15-25 days)
- ✓Paid Sick Leave
- ✓Flexible Work Arrangements
- ✓Remote Work Options
- ✓Parental Leave
Professional Development
- ✓Tuition Reimbursement
- ✓Professional Certifications
- ✓Conference Attendance
- ✓Training Programs
- ✓Mentorship Opportunities
Note: Benefits vary widely by employer, company size, and location. Large corporations and tech companies often offer more comprehensive packages, while small businesses may offer fewer benefits but more flexibility. Always review the complete compensation package, not just base salary.
Job Market Intelligence
Job Market Intelligence
Low Demand
Market demand
Medium Risk
Automation risk
Current Employment
National Employment:177,600
10-Year Outlook
Growth Rate:-2.3%
Annual Openings:13,300
Employment Projections
2024 (Current)177,600
Current
2034 (Projected)173,500
-2.3%
-4,100
Employment Change
-2.3%
Growth Rate
10
Year Projection
Growth Category: Decline
Key Growth Factors
- •Employment decline projected
Top Skills
✓
Active Listening
Active Listening
✓
Speaking
Speaking
✓
Reading Comprehension
Reading Comprehension
✓
Critical Thinking
Critical Thinking
✓
Writing
Writing
✓
Complex Problem Solving
Complex Problem Solving
✓
Active Learning
Active Learning
✓
Social Perceptiveness
Social Perceptiveness
✓
Judgment and Decision Making
Judgment and Decision Making
✓
Time Management
Time Management
Key Knowledge Areas
✓
Customer and Personal Service
✓
English Language
✓
Administrative
✓
Computers and Electronics
✓
Law and Government
✓
Mathematics
Education & Training
Education Required
Vocational school, on-the-job training, or associate degree
Experience Required
Previous work-related skill, knowledge, or experience required
Job Training
Training of more than one year