Annual Salary, Salary Range, and Highest Paying States and Industries
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.
Table of contents
- Average salary
- Starting salary
- Salary rank
- Salary range
- Highest paying states
- Highest paying industries
Entry-level Loan Interviewers and Clerks with little to no experience can expect to make anywhere between $27,350 to $33,730 per year or $13 to $16 per hour. Similar to any other job, their salary will increase as they gain experience.
We wanted to make it easy for our readers to compare the salary of Loan Interviewers and Clerks to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.
|Highest (Top 10%)||$30||$61,360|
|Senior (Top 25%)||$24||$50,950|
|Middle (Mid 50%)||$20||$41,370|
|Junior (Bottom 25%)||$16||$33,730|
|No experience (Bottom 10%)||$13||$27,350|
Highest paying states
Another simple way to increase your salary as a Loan Interviewer and Clerk is to move to a higher paying state. However moving to a higher paying state like NJ doesn’t guarantee that you will make more because the expenses at NJ might be much higher than where you are currently living at right now.
According to BLS, the highest paid Loan Interviewers and Clerks are in the states of NJ, OR, CA, AK and HI.
Highest paying industries
|Salary by industry||Annual||Hourly|
|Other Motor Vehicle Dealers||$52090||$25.04|
|Rental and Leasing Services||$48860||$23.49|
|Residential Building Construction||$48210||$23.18|
|Other Professional, Scientific, and Technical Services||$47860||$23.01|
|Management, Scientific, and Technical Consulting Services||$45850||$22.04|
|Accounting, Tax Preparation, Bookkeeping, and Payroll Services||$45020||$21.64|
|Management of Companies and Enterprises||$44640||$21.46|
|Securities, Commodity Contracts, and Other Financial Investments and Related Activities||$44480||$21.39|
|Agencies, Brokerages, and Other Insurance Related Activities||$44390||$21.34|
|Credit Intermediation and Related Activities||$42950||$20.65|
|Business Support Services||$42440||$20.40|
|Other Investment Pools and Funds||$42430||$20.40|
|Nondepository Credit Intermediation||$41660||$20.03|
|Computer Systems Design and Related Services||$40770||$19.60|
|Colleges, Universities, and Professional Schools||$40550||$19.49|
|Data Processing, Hosting, and Related Services||$39350||$18.92|
|Business, Professional, Labor, Political, and Similar Organizations||$37950||$18.25|
|Community Food and Housing, and Emergency and Other Relief Services||$36200||$17.40|