RecruitLocalPros

Hiring Loan Interviewers and Clerks

Employers across the 92 metro areas we have BLS OEWS wage data for pay loan interviewers and clerks a median of $33,410 to $62,530 a year (BLS OEWS, May 2025). A search through recruitlocalpros runs Tier I to Tier VI, $6,240 to $54,340, set by seniority, never by location or salary. Our vetted recruiting partner handles sourcing, screening and placement end to end.

What do loan interviewers and clerks do?

  • Verify and examine information and accuracy of loan application and closing documents.
  • Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts.
  • Record applications for loan and credit, loan information, and disbursements of funds, using computers.
  • Submit loan applications with recommendation for underwriting approval.
  • Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications.
  • File and maintain loan records.

Core tasks, O*NET OnLine, 43-4131.00.

What does it take to become one?

Most occupations in this zone require training in vocational schools, related on-the-job experience, or an associate's degree.

Previous work-related skill, knowledge, or experience is required for these occupations. For example, an electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.

Employees in these occupations usually need one or two years of training involving both on-the-job experience and informal training with experienced workers. A recognized apprenticeship program may be associated with these occupations.

O*NET Job Zone 3, SVP (6.0 to < 7.0). O*NET OnLine.

Employers commonly list experience with Microsoft Excel, Microsoft Office software, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Microsoft Access for this role.

What do loan interviewers and clerks get paid?

BLS OEWS, May 2025 publishes a wage for loan interviewers and clerks in 92 of the metro areas in this build. The median ranges from $33,410 to $62,530 a year depending on the metro, with a midpoint of $50,510. This is what employers pay, place of work, not a single national figure and not what any one person takes home.

BLS OEWS, BLS OEWS, May 2025, SOC 43-4131.

What does hiring one cost?

The same as any role: tier, not location or salary, sets the fee. Across all six tiers the published range is $6,240 to $54,340 per search. For scale, the highest published median for loan interviewers and clerks in this build is $62,530. A contingency firm hiring at that level would bill roughly $12,506 to $18,759 on the first year salary alone, 20 to 30%.

Frequently asked

How fast can a loan interviewers and clerks search fill?
23 to 35 days, 2 to 3x faster than a typical contingency search, per the recruiting provider's published figures.
What if the hire does not work out?
A 45-day replacement guarantee, at 50% off a repeat search for the same role.

Price a loan interviewers and clerks search

Eight questions about the role. Your tier range appears on screen, with the contingency comparison if you are paying one now.