Loan Clerk

Code: 43-4131.00

Also known as: Closer, Licensed Loan Officer Assistant, Loan Analyst, Loan Clerk, Loan Closer, Loan Originator, Loan Processor, Mortgage Broker, Mortgage Loan Processor, Mortgage Processor

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.

Loan Clerk

Typical wages


10% $27,350
25% $33,730
Median $41,370
75% $50,950
90% $61,360
10% $13.15
25% $16.22
Median $19.89
75% $24.49
90% $29.5

Projected employment

Estimated Employment
(2019 year)
212,600
Projected Employment
(2029 year)
230,300
Percent Change +0 %
Projected Annual Job Openings 21,200