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.
- O*NET-SOC code
43-4131.00 - Preparation Job Zone Three: Medium Preparation Needed
Wages
Median annual wage, U.S.$50,020
Employment, U.S.164,790
Median hourly wage$24.05
| 10th | 25th | Median | 75th | 90th |
|---|---|---|---|---|
| $37,330 | $45,120 | $50,020 | $60,600 | $69,770 |
By state (51)
| State | Employment | Median annual | Location quotient |
|---|---|---|---|
| Alabama | 2,960 | $40,300 | 1.32 |
| Alaska | 330 | $51,470 | 0.95 |
| Arizona | 4,700 | $50,120 | 1.37 |
| Arkansas | 1,970 | $45,140 | 1.42 |
| California | 14,680 | $57,300 | 0.76 |
| Colorado | 2,500 | $56,760 | 0.82 |
| Connecticut | 970 | $58,980 | 0.54 |
| Delaware | 950 | $57,760 | 1.85 |
| District of Columbia | 140 | $77,080 | 0.19 |
| Florida | 10,690 | $50,510 | 1.02 |
| Georgia | 4,020 | $48,310 | 0.78 |
| Hawaii | 450 | $55,410 | 0.68 |
| Idaho | 1,240 | $48,090 | 1.36 |
| Illinois | 6,850 | $50,000 | 1.06 |
| Indiana | 3,350 | $47,310 | 0.99 |
| Iowa | 2,380 | $50,080 | 1.44 |
| Kansas | 2,770 | $47,640 | 1.82 |
| Kentucky | 3,690 | $47,910 | 1.74 |
| Louisiana | 2,010 | $46,700 | 0.98 |
| Maine | 650 | $50,020 | 0.96 |
| Maryland | 1,590 | $59,430 | 0.54 |
| Massachusetts | 2,080 | $58,940 | 0.54 |
| Michigan | 7,930 | $51,500 | 1.70 |
| Minnesota | 2,850 | $51,760 | 0.91 |
| Mississippi | 1,770 | $39,120 | 1.44 |
| Missouri | 5,080 | $47,170 | 1.63 |
| Montana | 640 | $48,460 | 1.18 |
| Nebraska | 1,010 | $48,970 | 0.93 |
| Nevada | 1,520 | $57,070 | 0.93 |
| New Hampshire | 520 | $56,040 | 0.71 |
| New Jersey | 3,620 | $58,760 | 0.80 |
| New Mexico | 880 | $46,100 | 0.96 |
| New York | 4,780 | $58,120 | 0.47 |
| North Carolina | 4,800 | $57,780 | 0.92 |
| North Dakota | 980 | $51,290 | 2.16 |
| Ohio | 5,800 | $49,150 | 0.99 |
| Oklahoma | 3,300 | $47,210 | 1.82 |
| Oregon | 1,920 | $57,650 | 0.92 |
| Pennsylvania | 4,330 | $47,350 | 0.67 |
| Rhode Island | 650 | $51,560 | 1.23 |
| South Carolina | 2,820 | $47,500 | 1.16 |
| South Dakota | 1,710 | $47,000 | 3.53 |
| Tennessee | 3,990 | $45,230 | 1.15 |
| Texas | 17,090 | $49,980 | 1.15 |
| Utah | 2,820 | $48,110 | 1.53 |
| Vermont | 290 | $50,060 | 0.91 |
| Virginia | 3,990 | $50,140 | 0.92 |
| Washington | 3,290 | $58,740 | 0.87 |
| West Virginia | 840 | $42,490 | 1.13 |
| Wisconsin | 4,270 | $48,930 | 1.37 |
| Wyoming | 300 | $47,950 | 1.00 |
Similar occupations
Similarity is our measure: the cosine of importance x level over all 120 O*NET skills, knowledge areas and abilities. It is not an O*NET finding. More.
Circles are the 20 most similar occupations, coloured by Job Zone. Lines join pairs where one is among the other's 10 most similar; darker lines are pairs O*NET also lists as related. Drag a circle to move it out of the way; select one to open it.
| # | Occupation | Job Zone | Similarity |
|---|---|---|---|
| 1 | Brokerage Clerks | 3 | 0.979 |
| 2 | Insurance Underwriters | 4 | 0.979 |
| 3 | Tax Examiners and Collectors, and Revenue Agents | 3 | 0.977 |
| 4 | Bill and Account Collectors | 1-2 | 0.974 |
| 5 | Loan Officers | 4 | 0.972 |
| 6 | Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | 1-2 | 0.971 |
| 7 | Title Examiners, Abstractors, and Searchers | 1-2 | 0.969 |
| 8 | Claims Adjusters, Examiners, and Investigators | 4 | 0.969 |
| 9 | Appraisers of Personal and Business Property | 4 | 0.969 |
| 10 | Insurance Claims and Policy Processing Clerks | 1-2 | 0.968 |
One skill away
Among the 50 occupations most similar to Loan Interviewers and Clerks, those at the same Job Zone or lower, where exactly one skill rated at least 3 in importance needs a level more than 0.75 points higher (on O*NET's 0-7 level scale). Our definition. Change the thresholds.
| Occupation | Skill to build | Level gap | Similarity |
|---|---|---|---|
| Eligibility Interviewers, Government Programs | Social Perceptiveness | 0.76 | 0.954 |
Software to learn next
Software used by at least 3 of the 20 occupations most similar to Loan Interviewers and Clerks, excluding software Loan Interviewers and Clerks already lists and any you named. Ranked by how many of them use it, weighted by how much more common it is among them than across all occupations (lift). Our ranking.
| Software | Similar jobs using it | Lift |
|---|---|---|
| Sage 50 Accounting | 6 of 20 | 6.6x |
| Optical character recognition OCR software | 3 of 20 | 27.7x |
| Document management system software | 4 of 20 | 11.5x |
| Microsoft Internet Explorer | 6 of 20 | 4.5x |
| Healthcare common procedure coding system HCPCS | 5 of 20 | 5.8x |
| Medical procedure coding software | 5 of 20 | 5.1x |
| Medical condition coding software | 4 of 20 | 4.6x |
| Oracle PeopleSoft Financials | 4 of 20 | 4.5x |
| GroupMe | 3 of 20 | 5.1x |
| Salesforce software | 5 of 20 | 2.6x |
Skills
From O*NET data. Importance is rated 1 to 5 and level 0 to 7.
| Skill | Type | Importance | Level |
|---|---|---|---|
| Active Listening | Essential skill | 4.12 | 4.00 |
| Speaking | Essential skill | 4.00 | 4.00 |
| Reading Comprehension | Essential skill | 3.88 | 4.00 |
| Critical Thinking | Essential skill | 3.75 | 4.00 |
| Writing | Essential skill | 3.62 | 3.88 |
| Complex Problem Solving | Transferable skill | 3.50 | 3.00 |
| Judgment and Decision Making | Transferable skill | 3.38 | 3.75 |
| Active Learning | Essential skill | 3.38 | 3.50 |
| Social Perceptiveness | Transferable skill | 3.38 | 3.12 |
| Time Management | Transferable skill | 3.25 | 3.12 |
| Mathematics | Essential skill | 3.12 | 3.12 |
| Service Orientation | Transferable skill | 3.00 | 3.25 |
| Persuasion | Transferable skill | 3.00 | 3.12 |
| Coordination | Transferable skill | 3.00 | 3.00 |
| Instructing | Transferable skill | 3.00 | 3.00 |
| Monitoring | Essential skill | 3.00 | 3.00 |
| Negotiation | Transferable skill | 2.88 | 3.00 |
| Learning Strategies | Essential skill | 2.62 | 2.75 |
| Systems Analysis | Transferable skill | 2.50 | 2.75 |
| Systems Evaluation | Transferable skill | 2.50 | 2.62 |
| Management of Financial Resources | Transferable skill | 2.12 | 1.25 |
| Management of Personnel Resources | Transferable skill | 2.00 | 2.25 |
| Operations Analysis | Transferable skill | 2.00 | 2.12 |
| Operations Monitoring | Transferable skill | 1.88 | 1.62 |
| Programming | Transferable skill | 1.75 | 1.12 |
| Quality Control Analysis | Transferable skill | 1.75 | 1.00 |
| Technology Design | Transferable skill | 1.75 | 0.75 |
| Troubleshooting | Transferable skill | 1.50 | 0.62 |
| Management of Material Resources | Transferable skill | 1.25 | not rated |
| Science | Essential skill | 1.12 | not rated |
| Equipment Maintenance | Transferable skill | 1.00 | not rated |
| Equipment Selection | Transferable skill | 1.00 | not rated |
| Installation | Transferable skill | 1.00 | not rated |
| Operation and Control | Transferable skill | 1.00 | not rated |
| Repairing | Transferable skill | 1.00 | not rated |
Knowledge (33) and abilities (52)
| Name | Importance | Level |
|---|---|---|
| Customer and Personal Service | 4.39 | 4.37 |
| English Language | 4.20 | 4.40 |
| Administrative | 3.71 | 4.63 |
| Computers and Electronics | 3.42 | 3.61 |
| Law and Government | 3.41 | 3.69 |
| Mathematics | 3.37 | 3.67 |
| Administration and Management | 2.88 | 3.58 |
| Education and Training | 2.85 | 3.27 |
| Sales and Marketing | 2.80 | 3.32 |
| Economics and Accounting | 2.75 | 3.41 |
| Production and Processing | 2.26 | 1.95 |
| Communications and Media | 2.19 | 2.10 |
| Telecommunications | 2.18 | 0.69 |
| Personnel and Human Resources | 2.17 | 2.32 |
| Geography | 1.80 | not rated |
| Public Safety and Security | 1.72 | 1.27 |
| Engineering and Technology | 1.53 | not rated |
| Psychology | 1.43 | not rated |
| Building and Construction | 1.27 | not rated |
| Design | 1.26 | not rated |
| Foreign Language | 1.26 | not rated |
| Transportation | 1.14 | not rated |
| Mechanical | 1.08 | not rated |
| Philosophy and Theology | 1.07 | not rated |
| Sociology and Anthropology | 1.06 | not rated |
| Biology | 1.00 | not rated |
| Chemistry | 1.00 | not rated |
| Fine Arts | 1.00 | not rated |
| Food Production | 1.00 | not rated |
| History and Archeology | 1.00 | not rated |
| Medicine and Dentistry | 1.00 | not rated |
| Physics | 1.00 | not rated |
| Therapy and Counseling | 1.00 | not rated |
| Name | Importance | Level |
|---|---|---|
| Oral Comprehension | 4.12 | 4.12 |
| Written Comprehension | 4.12 | 4.00 |
| Oral Expression | 4.00 | 4.12 |
| Speech Recognition | 4.00 | 4.00 |
| Speech Clarity | 4.00 | 3.38 |
| Near Vision | 3.75 | 3.88 |
| Information Ordering | 3.75 | 3.62 |
| Problem Sensitivity | 3.75 | 3.38 |
| Written Expression | 3.62 | 3.88 |
| Deductive Reasoning | 3.62 | 3.75 |
| Inductive Reasoning | 3.62 | 3.50 |
| Mathematical Reasoning | 3.12 | 3.25 |
| Selective Attention | 3.12 | 3.00 |
| Category Flexibility | 3.00 | 3.25 |
| Number Facility | 3.00 | 3.25 |
| Fluency of Ideas | 3.00 | 3.00 |
| Flexibility of Closure | 2.88 | 2.88 |
| Time Sharing | 2.88 | 2.50 |
| Far Vision | 2.75 | 2.75 |
| Perceptual Speed | 2.75 | 2.75 |
| Speed of Closure | 2.75 | 2.75 |
| Originality | 2.62 | 2.75 |
| Visualization | 2.62 | 2.38 |
| Finger Dexterity | 2.62 | 2.12 |
| Memorization | 2.12 | 2.75 |
| Hearing Sensitivity | 2.12 | 2.00 |
| Visual Color Discrimination | 2.12 | 1.75 |
| Auditory Attention | 2.00 | 2.00 |
| Trunk Strength | 1.62 | 0.75 |
| Control Precision | 1.50 | 0.50 |
| Depth Perception | 1.38 | 0.50 |
| Wrist-Finger Speed | 1.38 | 0.50 |
| Arm-Hand Steadiness | 1.38 | 0.38 |
| Manual Dexterity | 1.38 | 0.38 |
| Dynamic Strength | 1.25 | not rated |
| Dynamic Flexibility | 1.00 | not rated |
| Explosive Strength | 1.00 | not rated |
| Extent Flexibility | 1.00 | not rated |
| Glare Sensitivity | 1.00 | not rated |
| Gross Body Coordination | 1.00 | not rated |
| Gross Body Equilibrium | 1.00 | not rated |
| Multilimb Coordination | 1.00 | not rated |
| Night Vision | 1.00 | not rated |
| Peripheral Vision | 1.00 | not rated |
| Rate Control | 1.00 | not rated |
| Reaction Time | 1.00 | not rated |
| Response Orientation | 1.00 | not rated |
| Sound Localization | 1.00 | not rated |
| Spatial Orientation | 1.00 | not rated |
| Speed of Limb Movement | 1.00 | not rated |
| Stamina | 1.00 | not rated |
| Static Strength | 1.00 | not rated |
Software used
Examples from O*NET data. "Hot" and "in demand" are O*NET flags for technologies often listed in job postings.
- Microsoft Excel in demand
- Microsoft Office software in demand
- Microsoft Outlook in demand
- Microsoft PowerPoint in demand
- Microsoft Word in demand
- Microsoft Access hot
- Microsoft Windows hot
- Automated financial software
- Automated underwriting software
- Credit reporting software
- Encompass software
- Fannie Mae Desktop Underwriter
- Lending software systems
- Loan tracking software
- Microsoft Dynamics
- Rockport Integrated Excel Underwriting
- Software AG Underwriting Solution
- Web browser software
Where it concentrates
Metro areas ranked by BLS location quotient: the occupation's share of the area's jobs divided by its share of all US jobs. Above 1 means more concentrated than the nation. Metros employing fewer than 100 are left out.
| Metro area | Employment | Location quotient | Median annual |
|---|---|---|---|
| Muncie, IN | 200 | 4.30 | $45,190 |
| Owensboro, KY | 220 | 4.17 | $46,130 |
| Monroe, LA | 370 | 3.98 | $48,410 |
| Sioux Falls, SD-MN | 720 | 3.81 | $47,980 |
| Hattiesburg, MS | 230 | 3.56 | $38,530 |
| Rapid City, SD | 240 | 3.03 | $46,270 |
| Columbia, MO | 310 | 2.73 | $47,750 |
| Elizabethtown, KY | 140 | 2.65 | $46,460 |
| Wausau, WI | 180 | 2.45 | $47,500 |
| Detroit-Warren-Dearborn, MI | 4,910 | 2.43 | $51,500 |