Oregon Labor Market Information System
Occupational Information Center
Occupational Report for Loan Interviewers and Clerks (43-4131) , Oregon Statewide
Occupational Description

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.

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Loan Interviewers and Clerks
Employment Outlook for Loan Interviewers and Clerks
Statewide Employment Analysis 2008 employment is estimated to be somewhat larger than the regional average. This occupation is expected to grow at a somewhat slower rate than the regional average. Total job openings are projected to be somewhat higher than the regional average.

Reasonable employment opportunities exist largely due to the need to fill replacement job openings.

Data Sources and Limitations
Current Employment Department Job Openings for Loan Interviewers and Clerks There are 8 current openings for this occupation. Openings 1 through 8 are listed below.
Job Title Date Posted Location Wage Offered
Mortgage Loan Processor 7/16/10 Eugene $17.00/hr to $30.00/hr DOE
Loan Document Specialists 8/3/10 Beaverton $14.00/hr to $15.00/hr DOE
Loan Processor 8/12/10 Eugene DOE
Mortgage Loan Processor 8/19/10 Hillsboro
Loan Processor 8/23/10 Lincoln City $10.00/hr to $12.00/hr DOE
Loan Support Specialist / Payoff Department 8/26/10 Roseburg DOE
Loan Document Specialists, 4pm-10pm, Bvtn, 13, Temp 9/1/10 Beaverton
Loan Processor - Entry Level 8/31/10 Roseburg $10.00/hr to $12.00/hr DOE
Job Openings from the Web for Loan Interviewers and Clerks The following job openings have been automatically extracted from various sites across the Web. These links are provided as supplemental resources. However, the Employment Department cannot validate these openings nor endorse any of these external sites. Some of these jobs may no longer be open. In some cases, a single opening may be posted on multiple sites.

There are 77 current openings for this occupation. Openings 1 through 26 are listed below.

Job Title Date Posted Location Employer
Loan Document Coordinator, PT Evenings, Beaverton, $13 8/30/10 Beaverton Accountemps
Loan Document Specialists, 4pm-10pm, Bvtn, 13, temp 8/30/10 Beaverton OfficeTeam
Document Processor, Bvtn, Temp, 4pm-10pm, 12 8/30/10 Beaverton OfficeTeam
Loan Processor, PT 4pm-8pm, Beaverton 16 8/28/10 Beaverton Accountemps
Mortgage Processor (Support) 8/28/10 Beaverton Accountemps
Loan Processor / Subordinations 8/28/10 Clackamas Accountemps
LOAN Processor 8/28/10 Portland Accountemps
Contract Mortgage Loan Processor 8/27/10 Portland Randstad
Mortgage Loan Coordinator 8/26/10 Wilsonville Mergis Group, The
Compliance Loan Documentation Specialist-Portland 8/26/10 Portland U.S. Bank
Mortgage Loan Processor 8/26/10 Portland
Loan Document Coordinator, PT Evening, Beaverton, 13 8/25/10 Portland OfficeTeam
Loan Document Coordinator, PT Evenings, Beaverton, $13 8/25/10 Beaverton Accountemps
Mortgage Processor (Support) 8/25/10 Beaverton Accountemps
Mortgage Loan Coordinator 8/24/10 Wilsonville Mergis Group, The
Document Processors, PT and FT, Beaverton 8/24/10 Beaverton Accountemps
Loan Coordinator 8/24/10 Lake Oswego
Loan Document Coordinator, PT Evenings, Beaverton, 13 8/24/10 Beaverton Accountemps
Loan Closer 8/23/10 Clackamas Accountemps
Loan Closer (Support) 8/23/10 Clackamas Accountemps
Mortgage Loan Assistant - Portland 8/23/10 Portland Umpqua Bank
Accounting Finance Level I - Loan Coordinator 8/23/10 Wilsonville Adecco
Mortgage Closer / Mortgage Processor 8/22/10 Clackamas Accountemps
Loan Documentation Spec 4-Portland Post Underwriting 8/21/10 Portland U.S. Bank
Loan Processor (Temp) 8/20/10 Portland Randstad US
More Jobs
State of Oregon License Information for Loan Interviewers and Clerks No statewide license is required for this occupation.
Wages for Loan Interviewers and Clerks
Region ---------------- 2010 Wages ----------------
Percentiles (hourly wages) Avg
Hourly
($/hr)
Avg
Annual
10th 25th 50th
(median)
75th 90th
Oregon Statewide $11.63 $13.60 $16.21 $19.13 $22.63 $16.61 $34,547
Multnomah / Washington 11.61 13.64 16.37 19.29 22.61 16.67 34,685
Marion / Polk / Yamhill 10.57 12.59 15.37 18.89 22.73 16.12 33,530
Benton / Lincoln / Linn 11.97 13.47 15.27 17.87 20.29 15.65 32,557
Lane 12.11 13.96 16.40 19.20 22.75 16.86 35,053
Douglas 11.34 12.95 14.61 16.77 19.14 14.91 31,007
Coos / Curry 11.99 13.45 15.22 17.51 19.35 15.32 31,869
Jackson / Josephine 11.16 13.04 15.47 17.54 19.21 15.27 31,768
Crook / Deschutes / Jefferson 11.45 13.33 15.14 18.11 23.86 16.35 34,011
Klamath / Lake 11.98 15.38 18.76 22.17 24.23 18.31 38,081
Morrow / Umatilla 10.97 12.44 14.74 17.00 18.95 14.69 30,572
Clackamas 12.53 15.01 17.46 20.62 24.57 17.91 37,236
Data Sources and Limitations
Regional Employment Projections for Loan Interviewers and Clerks
Region Employment Change % Change Projected Annual Openings
2008 2018 Growth Replacement Total
Oregon Statewide 3,305 3,529 224 6.8% 22 84 107
Multnomah / Washington 1,704 1,848 144 8.5% 14 44 58
Clackamas 362 385 23 6.4% 2 9 12
Marion / Polk / Yamhill 244 260 16 6.6% 2 6 8
Lane 217 233 16 7.4% 2 6 7
Jackson / Josephine 141 151 10 7.1% 1 4 5
Crook / Deschutes / Jefferson 134 149 15 11.2% 2 4 5
Douglas 121 128 7 5.8% 1 3 4
Benton / Lincoln / Linn 91 98 7 7.7% 1 2 3
Morrow / Umatilla 47 50 3 6.4% 0 1 2
Coos / Curry 43 45 2 4.7% 0 1 1
Klamath / Lake 32 35 3 9.4% 0 1 1
Grant / Harney / Malheur 27 28 1 3.7% 0 1 1
Baker / Union / Wallowa 24 25 1 4.2% 0 1 1
Gilliam / Hood River / Sherman / Wheeler / Wasco 17 18 1 5.9% 0 0 1
Clatsop / Columbia / Tillamook 14 15 1 7.1% 0 0 1

Replacement openings are caused by existing workers permanently leaving their occupation. Many additional job openings occur due to job changes within occupations.
Data Sources and Limitations
Industries of Employment for Loan Interviewers and Clerks
Industry
Click links to view infoUSA employers
Ownership 2008
Employment
Total, All Industries All 3,305
Total, All Industries Private 3,293
Finance and Insurance Private 2,616
Credit Intermediation and Related Activities Private 2,495
Depository Credit Intermediation Private 1,264
Nondepository Credit Intermediation Private 756
Activities Related to Credit Intermediation Private 475
Insurance Carriers and Related Activities Private 117
Insurance Carriers Private 117
Real Estate and Rental and Leasing Private 26
Real Estate Private 26
Offices of Real Estate Agents and Brokers Private 26
Professional, Scientific, and Technical Services Private 64
Legal Services Private 64
Management of Companies and Enterprises Private 519
Administrative and Support and Waste Management and Remediation Services Private 39
Administrative and Support Services Private 39
Business Support Services Private 33
Educational Requirements for Loan Interviewers and Clerks Workers must have short-term on-the-job training to gain the necessary skills for this occupation. However, those with related work experience have a competitive advantage in this labor market.
Skills for Loan Interviewers and Clerks
  • Analyze Credit Data
  • Apply Mathematical Principles To Accounting, Bookkeeping Or Budgeting
  • Compose Business Correspondence
  • Compute And Record Fiscal Data
  • Conduct Credit Investigations
  • Interview Customers
  • Keep A Telephone Log
  • Motivate People In Financial Setting
  • Obtain Information From Clients, Customers, Patients Or Others
  • Operate Fax Machines, Copiers, Printers, And Other Office Machines
  • Organize And Work With Detailed Records
  • Perform Bookkeeping Functions
  • Prepare Loan Forms
  • Prepare Reports In Timely Manner
  • Process And Prepare Business Forms
  • Process Records And Maintain Forms And Files
  • Provide Customer Service
  • Review Loan Applications
  • Use Computers To Enter, Access And Retrieve Data
  • Use Correct Grammar, Punctuation And Spelling
  • Use Interviewing Techniques
  • Verify Bank And Financial Transactions
Schools and Training Providers for Loan Interviewers and Clerks The training providers listed below offer programs related to this occupation. This information is updated once per year. Anyone interested in a particular program should check with the training institution regarding its availability. Listing these training providers does not necessarily constitute or imply their endorsement, recommendation, or favoring by the State of Oregon.

PRO SCHOOLS
10225 SW Park Way
Portland, OR 97225-5075
Phone: (503) 297-1344
Programs of Training:
Career Pathway Roadmaps for Loan Interviewers and Clerks No Career Pathway links were found for this occupation.
Related Occupations The scores listed below indicates how closely the skills for Loan Interviewers and Clerks matches the occupation in the list. A score of 100% means the occupations have identical skill sets. A maximum of 10 occupations are displayed below.
Occupation Skill Overlap
Credit Authorizers, Checkers, And Clerks 57%
Loan Counselors 48%
Loan Officers 42%
Customer Service Representatives 39%
New Accounts Clerks 38%
Brokerage Clerks 38%
Information And Record Clerks, All Other 35%
Correspondence Clerks 33%
Gaming Cage Workers 32%
Insurance Claims And Policy Processing Clerks 31%