How much does a Loan Interviewers and Clerks make in Michigan?
Last updated: 2024 data from the Bureau of Labor Statistics
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.
Source: O*NET OnLine, U.S. Department of Labor
Salaries for Loan Interviewers and Clerks in Michigan range from $38,240 at the 10th percentile (entry level) to $60,130 at the 90th percentile (experienced). The middle 50% earn between $41,580 and $55,030.
| Percentile | Annual Salary | Hourly Rate | Monthly |
|---|---|---|---|
| 10th Percentile (Entry Level) | $38,240 | $18.38 | $3,186 |
| 25th Percentile | $41,580 | $19.99 | $3,465 |
| Median (50th) | $48,380 | $23.26 | $4,031 |
| 75th Percentile | $55,030 | $26.46 | $4,585 |
| 90th Percentile (Experienced) | $60,130 | $28.91 | $5,010 |
Note: The mean (average) salary of $48,970 differs from the median because salary distributions are typically skewed by high earners.
Some links may be affiliate links. See our Affiliate Disclosure.
What does this salary really buy? See Loan Interviewers and Clerks salary in Michigan adjusted for cost of living →
Compare Loan Interviewers and Clerks pay across states — sorted by highest median salary.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
Our Methodology · Data Sources · Source: BLS OEWS