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 2006 employment is estimated to be larger than the statewide average This occupation is expected to grow at a very slow rate in Oregon. Total job openings are projected to be somewhat higher than the statewide average.

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

Data Sources and Limitations
Current Job Openings for Loan Interviewers And Clerks There are 6 current openings for this occupation. Openings 1 through 6 are listed below.
Job Title Date Posted Location Wage Offered
Loan Assistant I Or Ii Or Sr Loan Assistant 10 - 008 2/5/10 Medford $1,988/mo to $3,529/mo DOE
Rover - Part Time 2/3/10 Bend DOE
Loan Processor (Caylx Point) 2/2/10 Eugene DOE
Mortgage Loan Processor 2/1/10 Florence DOE
Mortgage Loan Processor 1/25/10 Medford DOE
Wholesale Loan Coordinator 11/6/09 Lake Oswego DOE
State of Oregon License Information for Loan Interviewers And Clerks No statewide license is required for this occupation.
Wages for Loan Interviewers And Clerks
Region ---------------- 2009 Wages ----------------
Percentiles (hourly wages) Avg
Hourly
($/hr)
Avg
Annual
10th 25th 50th
(median)
75th 90th
Oregon Statewide $11.62 $13.63 $16.07 $19.40 $23.61 $16.81 $34,957
Multnomah / Washington 12.28 13.97 16.24 19.31 23.27 16.92 35,196
Marion / Polk / Yamhill 10.73 12.24 14.67 18.39 22.32 15.59 32,424
Benton / Lincoln / Linn 11.12 12.79 14.59 17.16 19.48 14.93 31,065
Lane 11.25 13.75 15.88 19.76 23.82 16.75 34,838
Douglas 10.91 12.60 14.24 16.49 19.03 14.59 30,338
Coos / Curry 11.18 13.50 16.31 18.56 19.85 15.76 32,773
Jackson / Josephine 10.72 11.97 14.23 17.15 19.35 14.54 30,225
Crook / Deschutes / Jefferson 11.40 13.10 14.80 17.88 24.04 16.22 33,736
Klamath / Lake 12.00 14.44 16.68 20.76 23.46 17.25 35,871
Morrow / Umatilla 10.87 12.40 14.66 16.90 18.73 14.59 30,341
Clackamas 13.50 16.26 19.48 23.69 27.40 19.85 41,286
Data Sources and Limitations
Regional Employment Projections for Loan Interviewers And Clerks
Region Employment Change % Change Projected Annual Openings
2006 2016 Growth Replacement Total
Oregon Statewide 4,018 4,191 173 4.3% 17 56 74
Multnomah / Washington 1,866 2,011 145 7.8% 15 27 41
Clackamas 580 638 58 10.0% 6 8 14
Lane 299 325 26 8.7% 3 4 7
Marion / Polk / Yamhill 252 268 16 6.3% 2 4 5
Crook / Deschutes / Jefferson 191 225 34 17.8% 3 3 6
Jackson / Josephine 174 181 7 4.0% 1 2 3
Benton / Lincoln / Linn 87 84 -3 -3.4% 0 1 1
Coos / Curry 68 65 -3 -4.4% 0 1 1
Douglas 65 65 0 0.0% 0 1 1
Morrow / Umatilla 52 53 1 1.9% 0 1 1
Klamath / Lake 44 44 0 0.0% 0 1 1
Clatsop / Columbia / Tillamook 43 44 1 2.3% 0 1 1
Grant / Harney / Malheur 29 28 -1 -3.4% 0 0 0
Baker / Union / Wallowa 25 27 2 8.0% 0 0 1
Gilliam / Hood River / Sherman / Wheeler / Wasco 16 21 5 31.2% 1 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 2006
Employment
Total, All Industries All 4,018
Total, All Industries Private 4,006
Finance and Insurance Private 3,354
Credit Intermediation and Related Activities Private 3,054
Depository Credit Intermediation Private 1,238
Nondepository Credit Intermediation Private 1,167
Activities Related to Credit Intermediation Private 649
Insurance Carriers and Related Activities Private 289
Insurance Carriers Private 289
Real Estate and Rental and Leasing Private 41
Real Estate Private 41
Offices of Real Estate Agents and Brokers Private 41
Management of Companies and Enterprises Private 506
Administrative and Support and Waste Management and Remediation Services Private 47
Administrative and Support Services Private 47
Business Support Services Private 31
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 one or more of the following programs:

ProSchools
10225 SW Park Way
Portland, OR 97225-5075
Phone: (503) 297-1344 x812
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%