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.
Seven County Mpls-St Paul, MN
| 3,490 | 123 | $24.74/hr | $19.04/hr | $22.19/hr | $24.39/hr | $28.21/hr | $30.50/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.