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.
38 alternate job titles:
Salary Information
Loan Interviewers and Clerks: $48,950 (median) per year.
Starting salary (10th percentile).
Required expreience: Varies by Company
Data source: U.S. Bureau of Labor Statistics
Daily Tasks & Responsibilities
| Task Description | Category |
|---|---|
| Verify accuracy of financial or transactional data. | General |
| Interview employees, customers, or others to collect information. | General |
| Compile data or documentation. | General |
| Provide notifications to customers or patrons. | General |
| Prepare documentation for contracts, transactions, or regulatory compliance. | General |
| Prepare business correspondence. | General |
| Type documents. | General |
| Calculate financial data. | General |
| Determine the value of goods or services. | General |
| Obtain personal or financial information about customers or applicants. | General |
| Schedule appointments. | General |
| Collect deposits, payments or fees. | General |
| Arrange insurance coverage. | General |
| Negotiate financial arrangements. | General |
| Discuss account status or activity with customers or patrons. | Communication |
| Maintain financial or account records. | Maintenance |
| Monitor financial information. | Maintenance |
Technology Requirements
| Technology | Description |
|---|---|
| Microsoft Excel | Spreadsheet software |
| Microsoft Office software | Office suite software |
| Microsoft Outlook | Electronic mail software |
| Microsoft PowerPoint | Presentation software |
| Microsoft Word | Word processing software |
| Microsoft Dynamics | Customer relationship management CRM software |
| Microsoft Windows | Operating system software |
| Accounting software | Accounting software |
| Automated financial software | Accounting software |
| Automated underwriting software | Financial analysis software |
| Credit reporting software | Financial analysis software |
| Desktop publishing software | Desktop publishing software |
| Encompass software | Financial analysis software |
| Fannie Mae Desktop Underwriter | Financial analysis software |
| Lending software systems | Financial analysis software |
| Loan tracking software | Customer relationship management CRM software |
| Operating system software | Operating system software |
| Rockport Integrated Excel Underwriting | Spreadsheet software |
| Software AG Underwriting Solution | Financial analysis software |
| Web browser software | Internet browser software |
| Microsoft Access | Data base user interface and query software |
Relevant Certifications
Industry certifications that may be valuable for this career role:
| Certification | Issuing Organization | Practice Test |
|---|---|---|
| Accredited Mortgage Professional | Mortgage Bankers Association of America | Not Available |
| Certified Mortgage Consultant | National Association of Mortgage Brokers | Not Available |
| Certified Residential Mortgage Specialist | National Association of Mortgage Brokers | Not Available |
| General Mortgage Associate | National Association of Mortgage Brokers | Not Available |