Annual Average Salary Information
Annual Average Salary: $48,660
What does a Loan Interviewer earn?
On average, loan interviewers earn around $48,660 each year in the U.S. Loan interviewers work with clients to assess their applications for loans and associated products. A loan interviewer may be responsible for procedures such as verifying credit history, employment, and income information in order to process requested loan applications. They also evaluate credit risks and provide advice to financial institutions about loan acceptances.
How to earn more as a Loan Interviewer
To become a loan interviewer, you will need a degree in finance, banking, or economics. Alternatively, you can complete a degree apprenticeship and gain experience that way. To earn more, you can specialise in a certain area of loan interviewing, such as consumer loans or home mortgages, or move into a managerial role in a bank or other financial institution. You could also become an independent loan officer or set up your own loan interviewing company.