Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2019
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:
Employment estimate and mean wage estimates for this occupation:
| Employment (1) |
Employment
RSE (3) |
Mean hourly
wage |
Mean annual
wage (2) |
Wage RSE (3) |
| 208,530 |
1.5 % |
$20.17 |
$41,960 |
0.3 % |
Percentile wage estimates for this occupation:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Hourly Wage |
$12.79 |
$15.98 |
$19.54 |
$24.04 |
$28.89 |
| Annual Wage (2) |
$26,610 |
$33,230 |
$40,640 |
$50,010 |
$60,090 |
Industry profile for this occupation:
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) |
| Credit Intermediation and Related Activities (5221 And 5223 only) |
100,840 |
4.93 |
$20.18 |
$41,970 |
| Nondepository Credit Intermediation |
66,970 |
11.76 |
$19.82 |
$41,220 |
| Management of Companies and Enterprises |
13,770 |
0.56 |
$21.02 |
$43,710 |
| Legal Services |
5,400 |
0.47 |
$20.05 |
$41,700 |
| Insurance Carriers |
5,220 |
0.44 |
$21.17 |
$44,040 |
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 |
66,970 |
11.76 |
$19.82 |
$41,220 |
| Credit Intermediation and Related Activities (5221 And 5223 only) |
100,840 |
4.93 |
$20.18 |
$41,970 |
| Management of Companies and Enterprises |
13,770 |
0.56 |
$21.02 |
$43,710 |
| Legal Services |
5,400 |
0.47 |
$20.05 |
$41,700 |
| Insurance Carriers |
5,220 |
0.44 |
$21.17 |
$44,040 |
Top paying industries for this occupation:
Geographic profile for this occupation:
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 |
23,360 |
1.88 |
1.32 |
$20.64 |
$42,930 |
| California |
18,840 |
1.08 |
0.76 |
$22.52 |
$46,840 |
| Florida |
10,970 |
1.25 |
0.88 |
$20.97 |
$43,610 |
| Illinois |
8,990 |
1.49 |
1.05 |
$19.99 |
$41,570 |
| Ohio |
8,110 |
1.49 |
1.05 |
$19.49 |
$40,540 |
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 |
1,830 |
4.31 |
3.04 |
$17.77 |
$36,950 |
| Missouri |
7,890 |
2.80 |
1.97 |
$18.27 |
$38,000 |
| Oklahoma |
4,160 |
2.57 |
1.81 |
$16.95 |
$35,260 |
| Rhode Island |
1,230 |
2.54 |
1.79 |
$21.94 |
$45,630 |
| Iowa |
3,780 |
2.44 |
1.72 |
$18.83 |
$39,160 |
Top paying States for this occupation:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Massachusetts |
2,360 |
0.65 |
0.46 |
$22.74 |
$47,290 |
| Connecticut |
1,670 |
1.00 |
0.71 |
$22.65 |
$47,100 |
| California |
18,840 |
1.08 |
0.76 |
$22.52 |
$46,840 |
| New Jersey |
4,450 |
1.09 |
0.77 |
$22.42 |
$46,630 |
| Oregon |
2,690 |
1.41 |
0.99 |
$22.41 |
$46,620 |
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-Fort Worth-Arlington, TX |
9,860 |
2.70 |
1.90 |
$21.51 |
$44,740 |
| Los Angeles-Long Beach-Anaheim, CA |
8,460 |
1.36 |
0.96 |
$22.18 |
$46,130 |
| New York-Newark-Jersey City, NY-NJ-PA |
7,570 |
0.78 |
0.55 |
$23.09 |
$48,040 |
| Chicago-Naperville-Elgin, IL-IN-WI |
6,630 |
1.42 |
1.00 |
$20.83 |
$43,330 |
| Phoenix-Mesa-Scottsdale, AZ |
6,490 |
3.06 |
2.15 |
$20.39 |
$42,420 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
5,930 |
1.86 |
1.31 |
$22.28 |
$46,340 |
| Minneapolis-St. Paul-Bloomington, MN-WI |
4,400 |
2.23 |
1.57 |
$20.97 |
$43,620 |
| Houston-The Woodlands-Sugar Land, TX |
3,970 |
1.30 |
0.92 |
$21.04 |
$43,770 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |
3,940 |
1.37 |
0.97 |
$19.93 |
$41,450 |
| St. Louis, MO-IL |
3,540 |
2.58 |
1.82 |
$19.06 |
$39,650 |
United States Department of Labor
