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Loan Interviewers and Clerks

in Massachusetts

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.

Occupation Projection for Loan Interviewers and Clerks

SOC
Code
Title Employment Change Average Annual Typical education needed for entry
2016 2026 Level Percent Exits Transfers Change Openings
434131  Loan Interviewers and Clerks 7,049 7,632 583 8.27 % 264 424 58 746 High school diploma or equivalent 

Loan Interviewers and Clerks Projections by Industry

Industry 2016
Employment
Projected 2026 Employment Change
2016-2026
2017
Mean Annual OES Wage
Number Percent Distribution Number Percent Distribution Number Percent
Finance and Insurance    6,500  92 % 7,040  92 % 540  8 % $41,390
Credit Intermediation and Related Activities    6,450  92 % 6,990  92 % 540  8 % $41,380
Management of Companies and Enterprises    400  6 % 430  6 % 30  8 % $45,650
Management of Companies and Enterprises    400  6 % 430  6 % 30  8 % $45,650
Massachusetts Department of Unemployment Assistance
Economic Research
This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more...)