Salary for Loan Interviewers and Clerks

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Also known as:  Loan Interviewer, Loan Processor, Mortgage Closing Clerk, Mortgage Loan Closer, Mortgage Loan Processing Clerk, Mortgage Loan Processor, Mortgage Processor

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Loan Interviewers and Clerks perform numerous duties to those wishing to obtain a loan. Once an individual applies for a loan it is the clerk or interviewers job to perform background checks and verify their history, as well as verify references and credit history. Those findings must then be sent to the appropriate department in order for the loan transaction to complete. A high school diploma is always required, and many times an associate's degree or a bachelor's degree is needed. Loan Interviewer and Clerks positions are expected to increase in th coming years.

A Loan Interviewers or Clerk can receive an average pay level of between $27,350 to $61,360 depending on experience and education levels. can expect a salary of fourty-two thousand seven hundred and eigthy dollars per annum.

are compensated at the highest average salary in New Jersey, where they receive a compensation of near $48,930. People in this career are compensated at the highest average salary in Wholesale Trade, where they can get salary pay of $50,910.

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The national wage distribution is shown below. To overlay local salaries for a Loan Interviewers or Clerk, please select your state.
Annual salary
Hourly rate
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SALARY TREND

The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 39.47 percent nationwide in that time.

INDUSTRIES

Loan Interviewers and Clerks tend to make the most in the following industries:

Wholesale Trade
$50,910
Real Estate and Rental and Leasing
$48,320
Manufacturing
$46,260
Retail Trade
$46,210
Management of Companies and Enterprises
$44,640
Construction
$44,610

In general, they earn less within the industries below:

Public Administration
$36,030
Health Care and Social Assistance
$39,030
Information
$39,500
Other Services (except Public Administration)
$39,850
Educational Services
$41,290
Administrative, Support and Waste Management Services
$41,520