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.
Southeast Minnesota
| 250 | 37 | $20.97/hr | $15.64/hr | $17.60/hr | $20.58/hr | $24.10/hr | $28.25/hr |
Manufacturing | N/A | N/A |
Trade, Transportation and Utilities | N/A | N/A |
Financial Activities | 4,730 | $20.28/hr |
Professional and Business Services | 980 | $20.71/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
| 9,240 | $41.58/hr | 4.0% |
Tax Examiners and Collectors, and Revenue Agents
| 1,170 | $28.87/hr | 2.6% |
Accountants and Auditors
| 23,210 | $33.06/hr | 9.4% |
Bill and Account Collectors
| 4,120 | $18.53/hr | -5.5% |
Insurance Underwriters
| 1,750 | $35.09/hr | -8.4% |
Loan Officers
| 8,550 | $35.96/hr | 8.1% |
Brokerage Clerks
| 2,050 | $24.24/hr | 1.6% |
New Accounts Clerks
| 980 | $19.45/hr | -3.7% |
Tax Preparers
| 1,350 | $26.02/hr | 10.7% |
Correspondence Clerks
| N/A | $22.72/hr | 3.1% |
- 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.