Loan Interviewers & Clerks

Also Called: Licensed Loan Officer Assistant, Loan Analyst, Loan Processor, Mortgage Loan Processor

High School Diploma/GED

usually needed

Not Available
(Students Only)
Match Percentage

$35,010

Entry Salary

Bright

Job outlook

What Loan Interviewers & Clerks do

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.

  • Verify and examine information and accuracy of loan application and closing documents.
  • Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts.
  • Record applications for loan and credit, loan information, and disbursements of funds, using computers.
Industry Areas:

Finance and Business • Transportation

Training Program Areas:

Legal Assistant • OCT-Only Finance & Business • OCT-Only Transportation • Office Administration • Transportation Office Support

Expand For Additional Details

Work Context

  • Telephone
  • Contact With Others
  • Indoors, Environmentally Controlled
  • Deal With External Customers
  • Importance of Being Exact or Accurate

Tools

  • Printer calculator
  • Photocopiers
  • Scanners
  • Notebook computers
  • Inkjet printers

Technology

Spreadsheet software
Microsoft Excel
Rockport Integrated Excel Underwriting
Presentation software
Microsoft PowerPoint
Financial analysis software
Desktop Underwriter
Software AG Underwriting Solution

The Education & Training You Need

Skills

  • Active Listening
  • Speaking
  • Reading Comprehension
  • Critical Thinking
  • Writing

Knowledge

Business
customer service
administrative services
Arts and Humanities
English language
Engineering and Technology
computers and electronics
Safety and Government
law and government

Education

  • 43% High school diploma or equivalent
  • 38% Bachelor's degree
  • 12% Post-secondary certificate

Experience

Previous work-related skill, knowledge, or experience is required for these occupations. For example, an electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.

What are some related occupations at different educational levels?


Job Training Match

Loan Interviewers & Clerks Currently Selected

Educational Level

High School Diploma or Equivalent

Travel Guides

Educational Level

Post-secondary, non-degree

 Job Training Match

Executive Secretaries & Executive Administrative Assistants

Educational Level

Associate's Degree

 Job Training Match

Brokerage Clerks

Educational Level

Bachelor's Degree

Business Teachers, Postsecondary

Educational Level

Advanced Degree

What are your training options on the pathway to this occupation?

Advanced Training

  • Atlanta - Job Corps

    Atlanta, Georgia

  • Excelsior Springs - Job Corps

    Excelsior Springs, Missouri

ACT & College

  • Adams State University

    Alamosa, CO

  • AIB College of Business

    Des Moines, IA

Apprenticeships

Earn while you learn. Apprenticeships combines paid training & specialized classes to help workers enter highly skilled occupations. Click here for to locate an apprenticeship near you.

Military

The Military offers exciting career opportunities that align with your interests. Click here to explore military careers and find a recruiter near you.

Are You a Good Fit?

Occupation Traits

    • Conventional (Organizer)
    • Enterprising (Persuader)

Work Styles

  • Attention to Detail
  • Integrity
  • Dependability
  • Cooperation
  • Initiative
  • Self Control

Values

  • Relationships
  • Support
  • Working Conditions

Abilities

  • Verbal
  • Ideas and Logic
  • Math
  • Attention

This is what Loan Interviewers & Clerks across the country typically make.

$16.83 / hour
$35,010 /year

Entry Level

$22.78 / hour
$47,380 /year

Median Level

$30.32 / hour
$63,070 /year

Experienced Level

Income information reflects a regional average.
Income information reflects a national average.

This career’s National Job Outlook is

Bright

Please be sure to verify the outlook of this occupation with your instructor.

Search Jobs