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.
Education & Training
Percentage of workers at each education and training level
Training Provided After Hiring
How long it typically takes to learn on the job
How AI Impacts Each Task
18 tasks analyzed
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.
| Task | AI Capability | Risk | Time % |
|---|---|---|---|
| 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. | - | - | - |
Essential Soft Skills
Traits that are hard for AI to replicate
Wage & Employment (2024)
Median Wage
$48,950
per year
Mean Wage
$51,050
per year
Employment
173K
workers
Wage Range
$36,360 - $65,910
10th - 90th pct
Wage Distribution
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Awaiting Assessment
This occupation has 18 tasks in the database and is queued for the next scoring run. Risk scores, protective factors, and skill gaps will appear once the assessment completes.