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.
|
Southwest Minnesota
| 300 | 25 | $23.67/hr | $19.39/hr | $20.16/hr | $23.24/hr | $24.56/hr | $29.91/hr |
| Trade, Transportation and Utilities | 40 | $20.98/hr |
| Financial Activities | 3,730 | $24.38/hr |
| Professional and Business Services | 540 | $22.83/hr |
| Education and Health Services | N/A | N/A |
| Public Administration | N/A | N/A |
|
Securities, Commodities, and Financial Services Sales Agents
| 7,830 | $36.43/hr | 6.2% |
|
Tax Preparers
| 1,100 | $23.71/hr | 1.7% |
|
Tax Examiners and Collectors, and Revenue Agents
| 1,050 | $35.29/hr | 3.4% |
|
Accountants and Auditors
| 30,370 | $38.52/hr | 5.6% |
|
Bill and Account Collectors
| 4,100 | $22.46/hr | -14.8% |
|
Insurance Underwriters
| 1,970 | $38.92/hr | -3.0% |
|
Credit Analysts
| 1,660 | $37.42/hr | -4.6% |
|
Loan Officers
| 7,270 | $40.54/hr | 0.7% |
|
Brokerage Clerks
| 1,170 | $27.90/hr | -9.2% |
|
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.