How Much Do Loan Interviewers and Clerks Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

Annual Salary, Salary Range, and Highest Paying States and Industries

Loan Interviewers and Clerks

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.

Becoming One
No degree required
Job Satisfaction
Job Growth


Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$42780 per year
Hourly wage
$21 per hour

Starting salary

Entry-level annual salary
$27,350 to $33,730 per year
Entry-level hourly wage
$13 to $16 per hour

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.

Salary rank

Salary rank

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.

Salary range

Level Hourly Annual
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

State Hourly Annual
NJ $24 $48,930
OR $23 $48,230
CA $23 $47,800
AK $23 $47,730
HI $23 $47,680
RI $23 $47,640
ND $23 $47,580
MA $23 $47,480
CT $23 $47,470
WA $23 $47,300

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
State Government $49350 $23.73
Rental and Leasing Services $48860 $23.49
Real Estate $48330 $23.24
Residential Building Construction $48210 $23.18
Other Professional, Scientific, and Technical Services $47860 $23.01
Automobile Dealers $46170 $22.20
Insurance Carriers $46160 $22.19
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
Junior Colleges $43860 $21.09
Credit Intermediation and Related Activities $42950 $20.65
Legal Services $42710 $20.53
Business Support Services $42440 $20.40
Other Investment Pools and Funds $42430 $20.40
Nondepository Credit Intermediation $41660 $20.03
Employment Services $41000 $19.71
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
Local Government $33960 $16.33

Explore Other Careers

Don’t know which career to pursue?

Take the career quiz to find careers that match your personality type. Take The Career Quiz

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.