State medians come from the same OEWS release as the national figures. The cost-of-living column divides each state median by that state's BEA Regional Price Parity, restating pay in national-average dollars so a high-cost state and a low-cost one can be compared directly.
Loan Interviewer and Clerk Salary (2026): Data, Outlook & How to Become One
The median pay for Loan Interviewers and Clerks is $50,020 a year ($24.05/hr), according to BLS OEWS, May 2025. Employment is projected to fall 2.3% through 2034, with about 13,300 openings a year (BLS EP, 2024–2034). Typical entry-level education: High school diploma or equivalent.
SOC 43-4131Office and Administrative SupportLast updated August 15, 2026
- Median pay
- $50,020
- Projected growth
- -2.3%
- Openings a year
- 13,300
- Typical education
- High school
BLS OEWS, May 2025
BLS EP, 2024–2034
BLS EP, 2024–2034
BLS EP, 2024–2034
Also advertised as: Closer, Licensed Loan Officer Assistant, Loan Analyst, Loan Clerk, Loan Closer, Loan Originator.
How much do Loan Interviewers and Clerks make?
10th percentile$37,330
Entry / lowest-paid tenth
25th percentile$45,120
Lower quartile
Median (50th)$50,020
Half earn more, half earn less
75th percentile$60,600
Upper quartile
90th percentile$69,770
Top-paid tenth
| Median annual wage | $50,020 |
|---|---|
| Median hourly wage | $24.05/hr |
| Mean annual wage | $52,520 |
| People employed | 164,790 |
Versus all US occupations
At $50,020, the median for Loan Interviewers and Clerks sits in line with the $50,980 median across all US occupations.
Versus office and administrative support occupations
Inside the Office and Administrative Support group, where the middle occupation pays $48,500, this is 3% above the group median.
Pay range
The top 10% earn $69,770 or more while the bottom 10% earn $37,330, a gap of 1.9×. That is a typical spread for a US occupation.
Rank in the bank
This median pays more than 29% of the 923 occupations in the NueCareer career bank.
Highest-paying state
District of Columbia pays the most at $77,080, and still leads at $70,136 once local prices are taken into account.
Which states pay Loan Interviewers and Clerks the most?
| State | Median | COL-adjusted | Employed |
|---|---|---|---|
| District of Columbia | $77,080 | $70,136 | 140 |
| Maryland | $59,430 | $56,622 | 1,590 |
| Connecticut | $58,980 | $56,925 | 970 |
| Massachusetts | $58,940 | $55,732 | 2,080 |
| New Jersey | $58,760 | $54,005 | 3,620 |
| Washington | $58,740 | $54,891 | 3,290 |
| New York | $58,120 | $53,854 | 4,780 |
| North Carolina | $57,780 | $61,256 | 4,800 |
| Delaware | $57,760 | $57,871 | 950 |
| Oregon | $57,650 | $55,775 | 1,920 |
Is Loan Interviewer and Clerk a growing career?
Loan Interviewers and Clerks-2.3%
All US occupations3.1%
-2.3% projected growth vs 3.1% for all occupations.
Declining
BLS projects employment of Loan Interviewers and Clerks to change -2.3% over 2024–2034, while total US employment is projected to rise 3.1%. That is 4,100 fewer jobs.
Annual openings
About 13,300 openings are projected each year, 7.5% of the 177,600 jobs that existed in 2024. Most come from workers leaving the occupation, not from growth alone.
Overall employment of financial clerks is projected to grow 5 percent from 2024 to 2034, decline.
Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.
The availability of online tools, which allow financial customers to perform many tasks themselves, is expected to reduce demand for occupations such as new accounts clerks; procurement clerks; and credit authorizers, checkers, and clerks. Similarly, productivity-enhancing technology is expected to limit demand for other clerks, such as payroll and timekeeping clerks, loan interviewers and clerks, brokerage clerks, and insurance claims and policy processing clerks.
How to become a Loan Interviewer and Clerk
A high school diploma or equivalent is typically required for most financial clerk jobs. These workers typically learn their duties through on-the-job training.
| Typical entry-level education | High school diploma or equivalent |
|---|---|
| Preparation needed (O*NET job zone) | Some preparation |
| Work experience in a related occupation | None |
| Typical on-the-job training | Short-term on-the-job training |
What education people in the job have
O*NET incumbent survey: the highest level of education reported by people already working as loan interviewers and clerks.
- High School Diploma42.9%
- Bachelor's Degree38.3%
- Post-Secondary Certificate12.1%
- Associate's Degree (or other 2-year degree)6.7%
- Some College Courses0.1%
What does a Loan Interviewer and Clerk do?
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.
Financial clerks do administrative work for many types of organizations. They keep records, help customers, and carry out transactions that involve money.
Day-to-day tasks
- Verify and examine information and accuracy of loan application and closing documents.
- Contact credit bureaus, employers, and other sources to check applicants' credit and personal references.
- Answer questions and advise customers regarding loans and transactions.
- File and maintain loan records.
- Prepare and type loan applications, closing documents, legal documents, letters, forms, government notices, and checks, using computers.
- Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts.
- Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications.
- Check value of customer collateral to be held as loan security.
O*NET core tasks, ordered by reported importance.
Core skills
- Active Listening4.1/5
- Speaking4.0/5
- Reading Comprehension3.9/5
- Critical Thinking3.8/5
- Writing3.6/5
- Active Learning3.4/5
- Mathematics3.1/5
- Monitoring3.0/5
Transferable skills
- Complex Problem Solving3.5/5
- Social Perceptiveness3.4/5
- Judgment and Decision Making3.4/5
- Time Management3.3/5
- Coordination3.0/5
- Persuasion3.0/5
- Instructing3.0/5
- Service Orientation3.0/5
Tools and software
- Data base user interface and query software · in demand
- Electronic mail software · in demand
- Office suite software · in demand
- Operating system software · in demand
- Presentation software · in demand
- Spreadsheet software · in demand
- Word processing software · in demand
- Accounting software
- Customer relationship management CRM software
- Financial analysis software
- Internet browser software
“In demand” marks an O*NET Employer-Based Hot Technology, software named in real job postings for this occupation.
What personality type suits a Loan Interviewer and Clerk?
Interest profile: O*NET Occupational Interests, scored 1–7
Realistic1.0
Investigative2.2
Artistic1.0
Socialprimary3.4
Enterprisingprimary4.6
Conventionalprimary6.9
Day to day this is work built around organising, following procedures and working precisely with data, combined with leading, persuading, selling and making decisions.
Closest MBTI types
NueCareer fit scores: cosine similarity between each MBTI type's interest vector and this occupation's O*NET interest profile. Not a BLS or O*NET figure; the method is documented on our methodology page.
Loan Interviewer and Clerk: frequently asked questions
How much do Loan Interviewers and Clerks make?
Loan Interviewers and Clerks earn a median of $50,020 a year (BLS OEWS, May 2025), close to the $50,980 median for all US occupations. That works out at $24.05/hr. The middle half earn between $45,120 and $60,600. The top 10% earn $69,770 or more.
Do you need a degree to become a Loan Interviewer and Clerk?
No. A bachelor's degree is not the norm: BLS reports a high school diploma or equivalent as the typical entry-level education for Loan Interviewers and Clerks. BLS also lists short-term on-the-job training as typical on-the-job training. In O*NET's survey of people already doing the job, 42.9% hold high school diploma.
Is Loan Interviewer and Clerk a growing career?
No. BLS projects employment to fall 2.3% over 2024–2034, a loss of 4,100 jobs (BLS EP, 2024–2034). BLS still projects about 13,300 openings a year, mostly from workers retiring or moving to other work.
What does a Loan Interviewer and Clerk do?
Financial clerks do administrative work for many types of organizations. A core O*NET task: verify and examine information and accuracy of loan application and closing documents. Employers most often ask for Data base user interface and query software, Electronic mail software, Office suite software.
Which states pay Loan Interviewers and Clerks the most?
The highest state medians for Loan Interviewers and Clerks are District of Columbia ($77,080), Maryland ($59,430), Connecticut ($58,980) (BLS OEWS, May 2025).
What personality type suits a Loan Interviewer and Clerk?
O*NET scores Loan Interviewers and Clerks highest on the Conventional, Enterprising and Social interest areas, so the work mixes organising, following procedures and working precisely with data with leading, persuading, selling and making decisions. On NueCareer's MBTI-to-interest mapping the closest types are ESFJ, ESTJ. Personality is a fit signal, not a gate. The free NueCareer quiz scores your own profile against all 923 occupations in the bank.