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Loan Interviewers and Clerks Salary in Michigan
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Interviewers and Clerks make in Michigan?
Last updated: 2025 data from the Bureau of Labor Statistics
$51,500
Median Annual Salary
▲
+6.4% vs 2024
$53,510
Mean Salary
$51,500
Median Salary
$24.76
Hourly Rate
7,930 people work as Loan Interviewers and Clerks in Michigan
Loan Interviewers and Clerks salary by percentile in Michigan
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Interviewers and Clerks in Michigan earn a median salary of $51,500 per year ($4,291/month).
This is 0.4% above the national average of $51,303.
Michigan ranks #18 out of 51 states for Loan Interviewers and Clerks pay.
Approximately 7,930 people work in this occupation across Michigan.
Salaries increased by 6.4% compared to 2024.
About This Job: 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.
Top Skills
Active Listening
4.12
Speaking
4.0
Reading Comprehension
3.88
Critical Thinking
3.75
Writing
3.62
Key Knowledge Areas
Customer and Personal Service
4.39
English Language
4.2
Administrative
3.71
Computers and Electronics
3.42
Law and Government
3.41
Typical Education: High School Diploma or Equivalent
(42.9% of workers)
Salary Range: Loan Interviewers and Clerks in Michigan
Salaries for Loan Interviewers and Clerks in Michigan range from $39,010 at the 10th percentile (entry level) to $67,670 at the 90th percentile (experienced). The middle 50% earn between $47,560 and $61,810.
Median $51,500
P10: $39,010P25: $47,560P75: $61,810P90: $67,670
10th
$39,010
25th
$47,560
Median
$51,500
75th
$61,810
90th
$67,670
Percentile
Annual Salary
Hourly Rate
Monthly
10th Percentile (Entry Level)
$39,010
$18.75
$3,250
25th Percentile
$47,560
$22.87
$3,963
Median (50th)
$51,500
$24.76
$4,291
75th Percentile
$61,810
$29.72
$5,150
90th Percentile (Experienced)
$67,670
$32.53
$5,639
Note: The mean (average) salary of $53,510 differs from the median because salary distributions are typically skewed by high earners.
How much do Loan Interviewers and Clerks make in Michigan?
The median annual salary for Loan Interviewers and Clerks in Michigan is $51,500 as of 2025. The average (mean) salary is $53,510.
What is the salary range for a Loan Interviewers and Clerks in Michigan?
Salaries for Loan Interviewers and Clerks in Michigan range from $39,010 at the 10th percentile to $67,670 at the 90th percentile. The middle 50% earn between $47,560 and $61,810.
What is the starting salary for a Loan Interviewers and Clerks in Michigan?
Entry-level Loan Interviewers and Clerks positions in Michigan typically start around $39,010 (10th percentile). With some experience, salaries rise to $47,560 (25th percentile).
How many people work as Loan Interviewers and Clerks in Michigan?
According to 2025 BLS data, approximately 7,930 people are employed as Loan Interviewers and Clerks in Michigan.
What is the hourly rate for a Loan Interviewers and Clerks in Michigan?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Interviewers and Clerks in Michigan is approximately $24.76 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 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.
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