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Occupational Employment and Wages, May 2016
43-4131 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.
National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation
National estimates for this occupation: Top
Employment estimate and mean wage estimates for this occupation:
Employment (1) |
Employment RSE (3) |
Mean hourly wage |
Mean annual wage (2) |
Wage RSE (3) |
224,340 |
1.6 % |
$19.37 |
$40,300 |
0.4 % |
Percentile wage estimates for this occupation:
Percentile |
10% |
25% |
50% (Median) |
75% |
90% |
Hourly Wage |
$11.88 |
$14.96 |
$18.57 |
$23.22 |
$28.19 |
Annual Wage (2) |
$24,710 |
$31,110 |
$38,630 |
$48,310 |
$58,630 |
Industry profile for this occupation: Top
Industries with the highest published employment and wages for this occupation are provided.
For a list of all industries with employment in this occupation, see the Create Customized Tables function.
Industries with the highest levels of employment in this occupation:
Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
Depository Credit Intermediation |
77,910 |
4.63 |
$19.21 |
$39,960 |
Nondepository Credit Intermediation |
74,460 |
12.42 |
$19.04 |
$39,600 |
Activities Related to Credit Intermediation |
21,440 |
7.39 |
$19.27 |
$40,080 |
Management of Companies and Enterprises |
16,660 |
0.72 |
$19.59 |
$40,740 |
Insurance Carriers |
6,320 |
0.54 |
$21.93 |
$45,620 |
Industries with the highest concentration of employment in this occupation:
Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
Nondepository Credit Intermediation |
74,460 |
12.42 |
$19.04 |
$39,600 |
Activities Related to Credit Intermediation |
21,440 |
7.39 |
$19.27 |
$40,080 |
Depository Credit Intermediation |
77,910 |
4.63 |
$19.21 |
$39,960 |
Management of Companies and Enterprises |
16,660 |
0.72 |
$19.59 |
$40,740 |
Offices of Real Estate Agents and Brokers |
1,610 |
0.54 |
$18.97 |
$39,460 |
Top paying industries for this occupation:
Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
Grantmaking and Giving Services |
40 |
0.03 |
$25.97 |
$54,010 |
Business, Professional, Labor, Political, and Similar Organizations |
(8) |
(8) |
$24.20 |
$50,340 |
Automobile Dealers |
3,310 |
0.26 |
$22.96 |
$47,760 |
Other Professional, Scientific, and Technical Services |
(8) |
(8) |
$22.33 |
$46,440 |
Other Motor Vehicle Dealers |
140 |
0.09 |
$22.07 |
$45,910 |
Geographic profile for this occupation: Top
States and areas with the highest published employment, location quotients, and wages for this occupation are provided.
For a list of all areas with employment in this occupation, see the Create Customized Tables function.
States with the highest employment level in this occupation:
State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
Texas |
27,030 |
2.30 |
1.44 |
$22.50 |
$46,810 |
California |
23,370 |
1.46 |
0.92 |
$21.39 |
$44,480 |
Florida |
16,340 |
1.99 |
1.24 |
$19.19 |
$39,900 |
Ohio |
11,190 |
2.10 |
1.31 |
$17.84 |
$37,110 |
Arizona |
9,040 |
3.41 |
2.13 |
$19.73 |
$41,050 |
States with the highest concentration of jobs and location quotients in this occupation:
State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
South Dakota |
2,090 |
5.01 |
3.14 |
$16.02 |
$33,320 |
Arizona |
9,040 |
3.41 |
2.13 |
$19.73 |
$41,050 |
Iowa |
4,350 |
2.83 |
1.77 |
$17.86 |
$37,160 |
Utah |
3,260 |
2.37 |
1.48 |
$16.10 |
$33,480 |
Missouri |
6,530 |
2.37 |
1.48 |
$17.27 |
$35,930 |
Top paying States for this occupation:
State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
District of Columbia |
200 |
0.29 |
0.18 |
$22.71 |
$47,230 |
Texas |
27,030 |
2.30 |
1.44 |
$22.50 |
$46,810 |
Colorado |
3,800 |
1.52 |
0.95 |
$22.06 |
$45,890 |
Nevada |
2,010 |
1.58 |
0.99 |
$21.67 |
$45,070 |
Hawaii |
790 |
1.25 |
0.78 |
$21.48 |
$44,680 |
Metropolitan areas with the highest employment level in this occupation:
Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
Dallas-Plano-Irving, TX Metropolitan Division |
10,630 |
4.37 |
2.74 |
$23.41 |
$48,690 |
Phoenix-Mesa-Scottsdale, AZ |
7,890 |
4.08 |
2.55 |
$20.05 |
$41,710 |
Anaheim-Santa Ana-Irvine, CA Metropolitan Division |
6,480 |
4.14 |
2.59 |
$20.66 |
$42,970 |
Chicago-Naperville-Arlington Heights, IL Metropolitan Division |
5,630 |
1.55 |
0.97 |
$21.83 |
$45,400 |
New York-Jersey City-White Plains, NY-NJ Metropolitan Division |
4,770 |
0.72 |
0.45 |
$20.42 |
$42,480 |
Los Angeles-Long Beach-Glendale, CA Metropolitan Division |
4,420 |
1.05 |
0.66 |
$22.08 |
$45,930 |
Houston-The Woodlands-Sugar Land, TX |
4,330 |
1.47 |
0.92 |
$24.74 |
$51,460 |
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division |
3,880 |
1.56 |
0.98 |
$20.53 |
$42,710 |
Pittsburgh, PA |
3,840 |
3.39 |
2.12 |
$17.94 |
$37,310 |
Jacksonville, FL |
3,570 |
5.54 |
3.46 |
$20.75 |
$43,150 |
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