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.
Employment estimate and mean wage estimates for this occupation:
| Employment (1) | Employment RSE (3) |
Mean hourly wage |
Mean annual wage (2) |
Wage RSE (3) |
|---|---|---|---|---|
| 181,600 | 1.6 % | $16.91 | $35,180 | 0.4 % |
Percentile wage estimates for this occupation:
| Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
|---|---|---|---|---|---|
| Hourly Wage | $10.96 | $13.27 | $16.33 | $19.97 | $23.82 |
| Annual Wage (2) | $22,800 | $27,590 | $33,970 | $41,540 | $49,540 |
Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.
Industries with the highest levels of employment in this occupation:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Depository Credit Intermediation | 73,220 | 4.26 | $16.58 | $34,500 |
| Nondepository Credit Intermediation | 58,970 | 10.46 | $17.07 | $35,510 |
| Activities Related to Credit Intermediation | 17,760 | 6.77 | $16.73 | $34,800 |
| Management of Companies and Enterprises | 9,100 | 0.48 | $17.10 | $35,560 |
| Legal Services | 5,330 | 0.48 | $17.85 | $37,120 |
Industries with the highest concentration of employment in this occupation:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Nondepository Credit Intermediation | 58,970 | 10.46 | $17.07 | $35,510 |
| Activities Related to Credit Intermediation | 17,760 | 6.77 | $16.73 | $34,800 |
| Depository Credit Intermediation | 73,220 | 4.26 | $16.58 | $34,500 |
| Offices of Real Estate Agents and Brokers | 1,410 | 0.51 | $17.43 | $36,250 |
| Management of Companies and Enterprises | 9,100 | 0.48 | $17.10 | $35,560 |
Top paying industries for this occupation:
| Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|
| Automobile Dealers | 650 | 0.06 | $23.33 | $48,520 |
| Insurance and Employee Benefit Funds | 40 | 0.10 | $21.29 | $44,280 |
| Management, Scientific, and Technical Consulting Services | 170 | 0.02 | $19.14 | $39,800 |
| Activities Related to Real Estate | 1,170 | 0.22 | $19.02 | $39,570 |
| Other Investment Pools and Funds | 170 | 0.46 | $18.80 | $39,100 |
States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.
States with the highest employment level in this occupation:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| California | 19,630 | 1.40 | 0.98 | $19.90 | $41,380 |
| Texas | 16,400 | 1.63 | 1.14 | $17.91 | $37,260 |
| Florida | 13,660 | 1.92 | 1.35 | $16.66 | $34,650 |
| Illinois | 7,770 | 1.41 | 0.98 | $18.28 | $38,010 |
| Ohio | 7,410 | 1.51 | 1.05 | $16.26 | $33,810 |

States with the highest concentration of jobs and location quotients in this occupation:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| South Dakota | 2,320 | 5.99 | 4.19 | $14.21 | $29,560 |
| Utah | 3,750 | 3.26 | 2.28 | $15.10 | $31,410 |
| Delaware | 1,050 | 2.65 | 1.85 | $17.95 | $37,340 |
| Rhode Island | 1,050 | 2.34 | 1.64 | $15.95 | $33,170 |
| Alabama | 4,190 | 2.32 | 1.62 | $14.53 | $30,210 |

Top paying States for this occupation:
| State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| California | 19,630 | 1.40 | 0.98 | $19.90 | $41,380 |
| Massachusetts | 2,760 | 0.88 | 0.62 | $19.87 | $41,320 |
| Connecticut | 1,290 | 0.81 | 0.57 | $19.30 | $40,150 |
| New Jersey | 3,780 | 1.00 | 0.70 | $18.41 | $38,290 |
| Arizona | 5,190 | 2.19 | 1.54 | $18.35 | $38,160 |
Metropolitan areas with the highest employment level in this occupation:
| Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Dallas-Plano-Irving, TX Metropolitan Division | 5,450 | 2.72 | 1.91 | $18.59 | $38,660 |
| Chicago-Naperville-Joliet, IL Metropolitan Division | 5,390 | 1.52 | 1.07 | $19.74 | $41,050 |
| Los Angeles-Long Beach-Glendale, CA Metropolitan Division | 4,940 | 1.29 | 0.91 | $19.68 | $40,930 |
| Phoenix-Mesa-Scottsdale, AZ | 4,350 | 2.58 | 1.81 | $17.94 | $37,320 |
| New York-White Plains-Wayne, NY-NJ Metropolitan Division | 4,040 | 0.81 | 0.57 | $19.15 | $39,830 |
| Atlanta-Sandy Springs-Marietta, GA | 3,820 | 1.74 | 1.21 | $15.94 | $33,150 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 3,620 | 2.16 | 1.51 | $18.07 | $37,590 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division | 3,610 | 1.58 | 1.10 | $18.35 | $38,160 |
| Houston-Sugar Land-Baytown, TX | 2,850 | 1.14 | 0.80 | $18.73 | $38,950 |
| Jacksonville, FL | 2,760 | 4.86 | 3.40 | $17.72 | $36,860 |

Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Sioux Falls, SD | 1,370 | 10.33 | 7.23 | $14.01 | $29,130 |
| Owensboro, KY | 300 | 6.35 | 4.44 | $11.40 | $23,720 |
| Oxnard-Thousand Oaks-Ventura, CA | 1,730 | 6.10 | 4.27 | $18.38 | $38,230 |
| Panama City-Lynn Haven, FL | 340 | 5.04 | 3.52 | $14.52 | $30,200 |
| Jacksonville, FL | 2,760 | 4.86 | 3.40 | $17.72 | $36,860 |
| Montgomery, AL | 730 | 4.61 | 3.23 | $14.43 | $30,010 |
| Billings, MT | 360 | 4.47 | 3.13 | $14.07 | $29,260 |
| Salt Lake City, UT | 2,590 | 4.38 | 3.06 | $15.48 | $32,200 |
| Oshkosh-Neenah, WI | 370 | 4.34 | 3.04 | $12.85 | $26,720 |
| Des Moines-West Des Moines, IA | 1,310 | 4.12 | 2.89 | $16.21 | $33,710 |

Top paying metropolitan areas for this occupation:
| Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Napa, CA | 30 | 0.57 | 0.40 | $26.05 | $54,190 |
| Santa Cruz-Watsonville, CA | 50 | 0.58 | 0.41 | $23.95 | $49,820 |
| San Francisco-San Mateo-Redwood City, CA Metropolitan Division | 910 | 0.96 | 0.67 | $22.51 | $46,820 |
| San Jose-Sunnyvale-Santa Clara, CA | 880 | 1.02 | 0.72 | $21.72 | $45,180 |
| Sacramento--Arden-Arcade--Roseville, CA | 1,550 | 1.89 | 1.33 | $21.38 | $44,460 |
| Bridgeport-Stamford-Norwalk, CT | 420 | 1.04 | 0.73 | $21.32 | $44,340 |
| Boston-Cambridge-Quincy, MA NECTA Division | 1,520 | 0.92 | 0.64 | $21.25 | $44,200 |
| Barnstable Town, MA | 50 | 0.50 | 0.35 | $20.77 | $43,210 |
| Santa Barbara-Santa Maria-Goleta, CA | 210 | 1.30 | 0.91 | $20.77 | $43,200 |
| San Diego-Carlsbad-San Marcos, CA | 1,470 | 1.18 | 0.83 | $20.67 | $43,000 |
Nonmetropolitan areas with the highest employment in this occupation:
| Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Kansas nonmetropolitan area | 560 | 1.49 | 1.04 | $13.71 | $28,510 |
| Eastern South Dakota nonmetropolitan area | 460 | 3.77 | 2.64 | $14.51 | $30,180 |
| Southeast Missouri nonmetropolitan area | 430 | 2.76 | 1.93 | $12.70 | $26,430 |
| North Georgia nonmetropolitan area | 420 | 2.80 | 1.96 | $14.32 | $29,770 |
| Other North Carolina nonmetropolitan area | 400 | 1.37 | 0.96 | $15.94 | $33,160 |
Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| Central South Dakota nonmetropolitan area | 130 | 4.13 | 2.89 | $14.71 | $30,600 |
| Eastern South Dakota nonmetropolitan area | 460 | 3.77 | 2.64 | $14.51 | $30,180 |
| Western South Dakota nonmetropolitan area | 120 | 3.48 | 2.44 | $15.14 | $31,490 |
| Southern Oregon nonmetropolitan area | 180 | 3.27 | 2.29 | $15.31 | $31,830 |
| Northwest Alabama nonmetropolitan area | 180 | 2.87 | 2.01 | $12.71 | $26,450 |
Top paying nonmetropolitan areas for this occupation:
| Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
|---|---|---|---|---|---|
| North Central Colorado nonmetropolitan area | 110 | 1.47 | 1.03 | $19.81 | $41,190 |
| Other New Hampshire nonmetropolitan area | 80 | 0.78 | 0.55 | $19.67 | $40,910 |
| Southwestern Montana nonmetropolitan area | 150 | 1.27 | 0.89 | $19.11 | $39,750 |
| Upper Eastern Shore nonmetropolitan area | 50 | 0.77 | 0.54 | $17.94 | $37,320 |
| Hawaii / Maui / Kauai nonmetropolitan area | 90 | 0.58 | 0.41 | $17.73 | $36,890 |
These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.
The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.
(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.
(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.
(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.
Other OES estimates and related information:
May 2010 National Occupational Employment and Wage Estimates
May 2010 State Occupational Employment and Wage Estimates
May 2010 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2010 National Industry-Specific Occupational Employment and Wage Estimates
List of Occupations in SOC Code Number Order
List of Occupations in Alphabetical Order
Download May 2010 Occupational Employment and Wage Estimates in Zipped XLS files
Last Modified Date: May 17, 2011