How do they match: Loan Interviewers and Clerks

  • 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.

  • Calculate, review, and correct errors on interest, principal, payment, and closing costs, using computers or calculators.
  • Contact credit bureaus, employers, and other sources to check applicants' credit and personal references.