Similar careers
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
A Loan Interviewer is a professional who assists in the loan application process by interviewing applicants, gathering necessary documentation, and assessing the initial eligibility for a variety of loans. They serve as a liaison between the applicant and the loan approval department of a financial institution.
Education: High school diploma or equivalent
Years in related career: None
On-the-job training: Short-term
Projected Growth: -1.0% (negative growth)
Annual job openings: 13,300
Direct AI exposure: 13% of tasks
Potential AI exposure: 88% of tasks
| According to the U.S. Bureau of Labor Statistics, average income (in USD) in 2025 was $50K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $37K per year | $45K per year | $50K per year | $61K per year | $70K per year |
| Compared to other careers: Median is $960 below the national average. | ||||
Loan Interviewers typically work in banks, credit unions, mortgage companies, and other financial institutions. Their work environment is primarily office-based, involving significant interaction with clients and collaboration with loan officers and underwriters. They may work standard business hours, with occasional extended hours to accommodate client schedules.
Loan Interviewers are integral to the lending process, providing the first point of contact for individuals seeking loans. Their role requires a blend of interpersonal skills to effectively communicate with applicants and technical skills to accurately assess financial information. They must be knowledgeable about different types of loans, lending criteria, and the legal aspects of loan processing.
Attention to detail is crucial in this role, as is the ability to handle confidential financial information responsibly. Loan Interviewers must also stay updated on changing financial regulations and lending practices. They typically work closely with loan officers, playing a key role in determining the initial feasibility of a loan application before it moves to the underwriting process.
This career can be rewarding for those who enjoy working with people and have an interest in finance and lending. It offers opportunities for professional growth within the financial services industry, with potential pathways to becoming loan officers or moving into other banking and finance roles.
Loan Interviewers typically need a high school diploma or equivalent for entry-level positions. Many employers prefer candidates with some postsecondary education, such as an associate degree, diploma, or coursework in finance, business administration, or a related field. This additional education usually involves one to two years of study and can improve advancement opportunities.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
