# 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.

- Edition: Data verified Nov 2026 · CollegesRef 2026–27 edition
- Page: https://www.collegesref.com/careers/loan-interviewers-and-clerks
- SOC code: 43-4131.00
- Career family: Office and administrative support
- Median annual pay: $50,020 (10th percentile $37,330, 90th percentile $69,770)
- Projected growth: Decline, -2.4%
- Openings a year: 10,500
- Typical entry education: High school diploma
- Bright outlook: no
- Data years: BLS 2025 wages · 2025–35 projections

## Interest profile (code CES)

| Interest area | Score (0–100) |
| --- | ---: |
| Realistic (R) | 0 |
| Investigative (I) | 20 |
| Artistic (A) | 0 |
| Social (S) | 40 |
| Enterprising (E) | 60 |
| Conventional (C) | 99 |

## What you'd do

- Evaluating Information to Determine Compliance with Standards (importance 91/100)
- Making Decisions and Solving Problems (importance 85/100)
- Establishing and Maintaining Interpersonal Relationships (importance 85/100)
- Communicating with Supervisors, Peers, or Subordinates (importance 84/100)
- Analyzing Data or Information (importance 83/100)
- Processing Information (importance 83/100)
- Working with Computers (importance 83/100)
- Getting Information (importance 82/100)
- Organizing, Planning, and Prioritizing Work (importance 82/100)
- Documenting/Recording Information (importance 82/100)

## Skills

Active Listening, Speaking, Reading Comprehension, Critical Thinking, Writing, Complex Problem Solving, Active Learning, Judgment and Decision Making, Social Perceptiveness, Time Management

## Knowledge

Customer and Personal Service, English Language, Administrative, Computers and Electronics, Law and Government, Mathematics, Administration and Management, Education and Training, Sales and Marketing, Economics and Accounting

## Also called

Closer, Commercial Loan Processor, Consumer Loan Processor, Disbursement Clerk, Document Processor, Licensed Loan Officer Assistant, Loan Analyst, Loan Assistant, Loan Clerk, Loan Closer

## Majors that lead here (NCES CIP–SOC crosswalk, 4-digit CIP)

- [Finance and Financial Management Services](https://www.collegesref.com/programs/5208) (CIP 5208, 924 colleges)

## Colleges with strong outcomes (College Scorecard, 2025)

| College | Program | Earnings 1 yr | Earnings 4 yrs | Median debt |
| --- | --- | ---: | ---: | ---: |
| [Washington University in St Louis WUSTL](https://www.collegesref.com/college/washington-university-in-st-louis-wustl-3172) | Finance and Financial Management Services | $108,590 | $185,551 | $20,750 |
| [University of Notre Dame-South Bend IN](https://www.collegesref.com/college/university-of-notre-dame-south-bend-in-3005) | Finance and Financial Management Services | $141,543 | $160,313 | $19,500 |
| [Georgetown University-DC](https://www.collegesref.com/college/georgetown-university-dc-1068) | Finance and Financial Management Services | $126,622 | $152,744 | $13,088 |
| [Boston College](https://www.collegesref.com/college/boston-college-285) | Finance and Financial Management Services | $92,127 | $147,746 | $18,650 |
| [Wake Forest University](https://www.collegesref.com/college/wake-forest-university-3149) | Finance and Financial Management Services | $116,242 | $145,996 | $19,500 |
| [American University](https://www.collegesref.com/college/american-university-69) | Finance and Financial Management Services | $76,317 | $134,332 | $20,633 |
| [Southern Methodist University SMU](https://www.collegesref.com/college/southern-methodist-university-smu-2498) | Finance and Financial Management Services | $93,440 | $133,852 | $17,250 |
| [The University of Texas at Austin Main Campus](https://www.collegesref.com/college/the-university-of-texas-at-austin-main-campus-2764) | Finance and Financial Management Services | $81,536 | $132,075 | $18,975 |

## Related careers

- [Loan Officers](https://www.collegesref.com/careers/loan-officers): $76,690 median pay
- [Credit Authorizers, Checkers, and Clerks](https://www.collegesref.com/careers/credit-authorizers-checkers-and-clerks): $50,080 median pay
- [Credit Analysts](https://www.collegesref.com/careers/credit-analysts): $83,510 median pay
- [Credit Counselors](https://www.collegesref.com/careers/credit-counselors): $52,230 median pay
- [Bill and Account Collectors](https://www.collegesref.com/careers/bill-and-account-collectors): $47,030 median pay
- [Bookkeeping, Accounting, and Auditing Clerks](https://www.collegesref.com/careers/bookkeeping-accounting-and-auditing-clerks): $50,670 median pay

## Sources

- [O*NET Database](https://www.onetcenter.org/database.html), version 31.0 (CC BY 4.0)
- [BLS Employment Projections](https://www.bls.gov/emp/tables.htm), version 2025-35, data year 2025 (Public domain (U.S. government work))
- [BLS Occupational Employment and Wage Statistics](https://www.bls.gov/oes/tables.htm), version 2025, data year 2025 (Public domain (U.S. government work))
- [NCES CIP 2020 to SOC 2018 crosswalk](https://nces.ed.gov/ipeds/cipcode/resources.aspx?y=56), version 2020, data year 2020 (Public domain (U.S. government work))

O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. CollegesRef has modified all or some of this information.