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.
Northeast Minnesota
| 190 | 19 | $22.20/hr | $17.51/hr | $18.93/hr | $22.68/hr | $24.33/hr | $29.97/hr |
Trade, Transportation and Utilities | 30 | $26.12/hr |
Financial Activities | 3,840 | $24.47/hr |
Professional and Business Services | 610 | $20.49/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
| 7,530 | $40.46/hr | 6.7% |
Tax Preparers
| 1,360 | $28.17/hr | 1.7% |
Tax Examiners and Collectors, and Revenue Agents
| 1,440 | $31.90/hr | -2.5% |
Accountants and Auditors
| 27,490 | $38.67/hr | 4.4% |
Bill and Account Collectors
| 4,150 | $23.54/hr | -14.4% |
Insurance Underwriters
| 2,410 | $34.02/hr | -5.5% |
Credit Analysts
| 1,750 | $39.24/hr | -5.3% |
Loan Officers
| 7,520 | $39.79/hr | 2.3% |
Brokerage Clerks
| 1,790 | $24.98/hr | -8.3% |
Correspondence Clerks
| N/A | N/A | 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.