Occupational Employment Statistics
43-4131 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.
Central Minnesota
| 350 | 28 | $24.09/hr | $18.53/hr | $20.28/hr | $23.50/hr | $27.44/hr | $30.16/hr |
Trade, Transportation and Utilities | 50 | $28.13/hr |
Financial Activities | 4,500 | $23.86/hr |
Professional and Business Services | 600 | $22.09/hr |
Education and Health Services | N/A | N/A |
Other Services | N/A | N/A |
Public Administration | N/A | N/A |
Securities, Commodities, and Financial Services Sales Agents
| 8,560 | $36.33/hr | 6.7% |
Tax Preparers
| 1,430 | $30.00/hr | 1.7% |
Tax Examiners and Collectors, and Revenue Agents
| 1,090 | $33.14/hr | -2.5% |
Accountants and Auditors
| 28,730 | $37.36/hr | 4.4% |
Bill and Account Collectors
| 3,970 | $21.82/hr | -14.4% |
Insurance Underwriters
| 2,080 | $37.79/hr | -5.5% |
Credit Analysts
| 1,930 | $38.88/hr | -5.3% |
Loan Officers
| 8,020 | $38.66/hr | 2.3% |
Brokerage Clerks
| 1,570 | $25.31/hr | -8.3% |
Correspondence Clerks
| N/A | $24.93/hr | N/A |
- Check value of customer collateral to be held as loan security.
- Verify and examine information and accuracy of loan application and closing documents.
- Contact credit bureaus, employers, and other sources to check applicants' credit and personal references.
- Record applications for loan and credit, loan information, and disbursements of funds, using computers.
- Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications.
- Answer questions and advise customers regarding loans and transactions.
- File and maintain loan records.
- Interview loan applicants to obtain personal and financial data and to assist in completing applications.
- Submit loan applications with recommendation for underwriting approval.
- Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts.