Loan Interviewers and Clerks

About the Role

Loan Interviewers and Clerks are responsible for managing the loan application process by collecting financial information from applicants and determining their eligibility for loans.

Other Common Titles

Loan Processors
Loan Officers
Mortgage Loan Specialists
Credit Analysts

Typical Tasks

Conduct interviews with applicants to gather financial information and assess needs.
Review loan applications and verify submitted information for accuracy.
Analyze credit history and financial statements to determine loan eligibility.
Provide guidance to applicants regarding loan products and qualification criteria.
Prepare necessary documentation and reports for loan approvals.
Communicate with underwriters to clarify any discrepancies in applications.
Follow up with applicants for additional information or to inform them of loan decisions.

Notable People

Sherry Ann McCoy – Former President and CEO of Avon Products and an advocate for financial literacy in lending.
Danielle D. Smith – A prominent financial consultant known for her work in small business loans and community funding.

Recommended Resources

The Complete Guide to Credit and Lending
An extensive resource on understanding credit, loans, and the lending process.
Banking and Loan Guidelines Blog
A blog dedicated to the latest trends, regulations, and tips in the banking and loan industry.
The Mortgage Gurus Podcast
A podcast that offers insights from industry experts about mortgages and loans.
American Bankers Association
A crucial resource for banking professionals, offering training, research, and industry news.