How much does a loan interviewer and clerk make?
The median loan interviewer and clerk in the United States earns $48,950 per year, about $23.53 an hour. That is the midpoint of the profession: half of all loan interviewers and clerks earn more, and half earn less.
Source: BLS OEWS, May 2024. SOC code 43-4131.
Loan interviewer and clerk salary range
Pay for loan interviewers and clerks spans a wide band. The lowest paid 10 percent earn under $36,360 a year, while the highest paid 10 percent take home more than $65,910. The average (mean) wage of $51,050 runs a bit higher than the median, which is normal for jobs where a group of top earners pulls the average up.
| Percentile | Annual | Hourly | |
|---|---|---|---|
| 10th percentile | $36,360 | $17.48 | Lowest paid |
| 25th percentile | $42,720 | $20.54 | |
| Median (50th) | $48,950 | $23.53 | Midpoint |
| 75th percentile | $59,520 | $28.61 | |
| 90th percentile | $65,910 | $31.69 | Highest paid |
Figures are national wage estimates for loan interviewers and clerks (SOC 43-4131), U.S. Bureau of Labor Statistics, OEWS, May 2024.
Loan interviewer and clerk salary by state
Where you work changes the paycheck. Loan interviewers and clerks earn the most in District of Columbia at $77,730 a year, and the least in Mississippi at $38,670. The table below lists every state with published data, ranked by median annual salary.
| State | Median annual | Employed |
|---|---|---|
| District of Columbia | $77,730 | 120 |
| Delaware | $58,870 | 820 |
| Washington | $58,860 | 3,220 |
| Maryland | $58,260 | 1,690 |
| California | $57,790 | 14,060 |
| Connecticut | $57,680 | 1,170 |
| New York | $56,300 | 4,650 |
| New Hampshire | $55,620 | 600 |
| Massachusetts | $55,090 | 2,690 |
| Colorado | $53,120 | 3,220 |
| New Jersey | $52,760 | 3,370 |
| Rhode Island | $52,670 | 660 |
| Oregon | $51,890 | 1,640 |
| Nevada | $51,320 | 1,320 |
| Florida | $50,920 | 11,380 |
| Virginia | $50,910 | 5,050 |
| Alaska | $50,800 | 310 |
| Hawaii | $50,760 | 640 |
| North Dakota | $50,470 | 840 |
| Illinois | $50,330 | 6,250 |
| North Carolina | $50,100 | 4,580 |
| Minnesota | $50,070 | 3,300 |
| Ohio | $49,370 | 6,480 |
| Texas | $49,180 | 20,940 |
| Arizona | $48,910 | 5,340 |
| Vermont | $48,790 | 400 |
| Iowa | $48,390 | 2,700 |
| Maine | $48,390 | 910 |
| Michigan | $48,380 | 8,160 |
| Wisconsin | $48,020 | 4,900 |
| Montana | $47,840 | 750 |
| Missouri | $47,560 | 4,670 |
| Nebraska | $47,270 | 860 |
| Utah | $47,120 | 2,640 |
| Wyoming | $47,060 | 380 |
| Kentucky | $47,040 | 3,730 |
| Kansas | $46,940 | 2,670 |
| Indiana | $46,790 | 4,170 |
| Tennessee | $46,740 | 3,290 |
| Idaho | $46,700 | 1,370 |
| Pennsylvania | $46,050 | 4,700 |
| Georgia | $45,950 | 4,130 |
| Oklahoma | $45,540 | 3,490 |
| South Carolina | $45,210 | 3,270 |
| South Dakota | $44,930 | 1,660 |
| Louisiana | $44,860 | 1,900 |
| Alabama | $44,690 | 2,570 |
| Arkansas | $44,600 | 2,100 |
| New Mexico | $41,830 | 750 |
| West Virginia | $38,770 | 660 |
| Mississippi | $38,670 | 1,920 |
State median wages for loan interviewers and clerks (SOC 43-4131), U.S. Bureau of Labor Statistics, OEWS state files, May 2024. States where the BLS does not publish a median are not shown.
Job outlook for loan interviewers and clerks
The BLS projects employment of loan interviewers and clerks to shrink from 2025 to 2035 (down 2.4%). That is a decline, against 3.5% average growth for all occupations. That works out to roughly 169,100 jobs in 2025 moving toward 165,000 by 2035.
Across the decade, the BLS expects about 10,500 openings a year for loan interviewers and clerks. Most come from the need to replace workers who move to other jobs or leave the workforce, on top of any new positions from growth.
Source: U.S. Bureau of Labor Statistics, Employment Projections program, 2025-35 (Table 1.2, Occupational projections and worker characteristics).
How to become a loan interviewer and clerk
The typical entry-level education for loan interviewers and clerks is a high school diploma or equivalent, according to the BLS. New hires typically complete short-term on-the-job training to reach full competency.
A four-year college degree is usually not required to start, which makes this one of the jobs you can enter without a bachelor's degree. See more high paying jobs without a degree .
Education, training, and experience data: U.S. Bureau of Labor Statistics, Employment Projections program.
What affects how much a loan interviewer and clerk earns
Employer, industry, seniority, and metro area drive pay. Large organizations and high cost cities pay above small offices and entry-level roles.
Location is one of the clearest factors. The gap between the top paying state (District of Columbia, $77,730) and the lowest (Mississippi, $38,670) shows how much geography alone can move the number, before experience or specialization.
About 173,100 people work as loan interviewers and clerks in the United States. At $48,950 a year, the job pays below the $49,500 median for all U.S. jobs.
Loan interviewer and clerk salary FAQ
How much does a loan interviewer and clerk make an hour?
The median hourly wage for a loan interviewer and clerk is $23.53. The middle half of loan interviewers and clerks earn between $20.54 and $28.61 per hour.
What is the highest loan interviewer and clerk salary?
The highest paid 10 percent of loan interviewers and clerks earn more than $65,910 per year. Top earners usually have the most experience and work in the best paying regions and industries.
How much does a loan interviewer and clerk make a year?
The median annual salary for a loan interviewer and clerk is $48,950. The average (mean) wage of $51,050 runs a bit higher than the median, which is normal for jobs where a group of top earners pulls the average up.
Is being a loan interviewer and clerk a well paid job?
At $48,950 a year, a loan interviewer and clerk earns below the $49,500 median for all U.S. jobs. About 173,100 people work as loan interviewers and clerks in the United States.
Which state pays loan interviewers and clerks the most?
District of Columbia has the highest median salary for loan interviewers and clerks at $77,730 a year. Delaware ($58,870) and Washington ($58,860) follow. State medians come from the BLS OEWS state files, May 2024.
Is being a loan interviewer and clerk a good career?
Employment of loan interviewers and clerks is projected to shrink 2.4% from 2025 to 2035, a decline, against 3.5% average growth for all occupations. The BLS projects about 10,500 openings each year, from growth and from workers leaving the occupation.
Do you need a degree to become a loan interviewer and clerk?
No. The BLS lists the typical entry-level education for loan interviewers and clerks as a high school diploma or equivalent, so a four-year degree is usually not required to start.
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