DETAILED OCCUPATION DATA

43-4131 Loan Interviewers and Clerks

Occupational Description:
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.

Occupational Employment Statistics(OES) Wage Data
Wages Updated to First Quarter, 2020
 Percentiles
GeographyEmploymentEmp SE*MeanMean SE*10th25thMedian75th90th
Southeast Balance of State20017$20.07/hr$0.62/hr$15.84/hr$17.40/hr$19.78/hr$22.70/hr$24.85/hr
Minnesota 5,760392$21.00/hr$0.27/hr$15.68/hr$17.50/hr$20.35/hr$24.20/hr$28.56/hr
U S 208,5303,128$20.41/hr$0.06/hr$12.95/hr$16.17/hr$19.78/hr$24.33/hr$29.24/hr
*SE = Standard error, a measure of the statistical reliability of the estimate.


Leading Industries for Loan Interviewers and Clerks
IndustryOES EmploymentOES Median Wage
Financial Activities190$19.70/hr
Professional and Business Services10$21.03/hr
Other Regional Data For Loan Interviewers and Clerks
Geography (click title for details)OESProjections
EmploymentMedian Wage% Change  - 
Minneapolis-St Paul-Bloomington MN-WI MSA 4,400 $20.72/hr N/A
Fargo ND-MN MSA 340 $22.04/hr N/A
Northwest Balance of State 310 $19.23/hr N/A
Southwest Balance of State 290 $18.66/hr N/A
St Cloud MN MSA 200 $22.84/hr N/A
Southeast Balance of State 200 $19.78/hr N/A
Duluth MN-WI MSA 150 $18.99/hr N/A
La Crosse WI-MN MSA 130 $17.69/hr N/A
Rochester MN MSA 110 $21.53/hr N/A
Northeast Balance of State 60 $18.35/hr N/A
Grand Forks ND-MN MSA 50 $20.15/hr N/A
Mankato-North Mankato MN MSA 50 $19.26/hr N/A
Related Occupations
Occupation
(click title for details)
OESProjections
EmploymentMedian Wage% Change  - 
Office Clerks, General3,330$16.94/hrN/A
Bookkeeping, Accounting, and Auditing Clerks1,530$19.95/hrN/A
Tellers770$15.55/hrN/A
Order Clerks260$15.46/hrN/A
Billing and Posting Clerks and Machine Operators250$18.50/hrN/A
New Accounts Clerks60$20.30/hrN/A
Tax Preparers50$13.18/hrN/A
Insurance Claims and Policy Processing ClerksN/A$21.67/hrN/A
Tasks for Loan Interviewers and Clerks