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 |