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Last updated: November 10, 2024
Loan Interviewer Mortgage Salary
in Hercules, California
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$58,891 (USD)
Average Salary
$28/hr
Average Hourly
$1,172
Average Bonus
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Last updated: November 10, 2024
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Salary Recap
The average pay for a Loan Interviewer Mortgage is $58,891 a year and $28 an hour in Hercules, California, United States. The average salary range for a Loan Interviewer Mortgage is between $43,226 and $70,080. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Hercules, California.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
$66,150
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Hercules, California
Hercules Cost of Living Score:
Description:
Hercules is a city in western Contra Costa County, California. Situated along the coast of San Pablo Bay, it is located in the eastern region of the San Francisco Bay Area, about 10 miles (16 km) north of Berkeley. As of the 2020 census, its population was 26,016, according to the United States Census Bureau. The site of Hercules was first developed in 1881 as a manufacturing facility of the California Powder Works for the production of its patented dynamite formulation, Hercules powder. In 1882, the Hercules Powder Company was incorporated and assumed responsibility for the Hercules site. It was one of several explosive...
Job Summary
Description:
- Conducts interviews of applicants applying for mortgage loans.
- Records income, debt, and credit history of loan applicants.
- Requests documents, such as income tax return, bank account number, purchase agreement, and property description, for verification.
- Figures whether applicant meets establishment standards for further consideration, following manual and using calculator.
- Informs applicant of closing costs, such as appraisal, credit report, and notary fees.
- Answers applicant's questions and asks for signature on information authorization forms.
- Submits application forms to mortgage loan processor for verification of application information.
- Calls applicant or other persons to resolve discrepancies, such as credit report showing late payment history.
- Informs applicant of loan denial or acceptance.
- May visit establishments, such as branch banks, credit unions, real estate brokers, and builders, to promote mortgage service.
- May work on commission basis.
Loan Interviewer Mortgage Job Listings for
No listings found
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Salary Recap
The average pay for a Loan Interviewer Mortgage is $58,891 a year and $28 an hour in Hercules, California, United States. The average salary range for a Loan Interviewer Mortgage is between $43,226 and $70,080. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Hercules, California.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Loan Interviewer Mortgage Job Prevalence in the United States
Job family: Correspondence Clerks
Job family population: 4,650
Estimated population of Loan Interviewer Mortgage jobs: 1,213
Rate of error: 15.0%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Hercules, California
Hercules Cost of Living Score:
Description:
Hercules is a city in western Contra Costa County, California. Situated along the coast of San Pablo Bay, it is located in the eastern region of the San Francisco Bay Area, about 10 miles (16 km) north of Berkeley. As of the 2020 census, its population was 26,016, according to the United States Census Bureau. The site of Hercules was first developed in 1881 as a manufacturing facility of the California Powder Works for the production of its patented dynamite formulation, Hercules powder. In 1882, the Hercules Powder Company was incorporated and assumed responsibility for the Hercules site. It was one of several explosive...
Job Summary
Description:
- Conducts interviews of applicants applying for mortgage loans.
- Records income, debt, and credit history of loan applicants.
- Requests documents, such as income tax return, bank account number, purchase agreement, and property description, for verification.
- Figures whether applicant meets establishment standards for further consideration, following manual and using calculator.
- Informs applicant of closing costs, such as appraisal, credit report, and notary fees.
- Answers applicant's questions and asks for signature on information authorization forms.
- Submits application forms to mortgage loan processor for verification of application information.
- Calls applicant or other persons to resolve discrepancies, such as credit report showing late payment history.
- Informs applicant of loan denial or acceptance.
- May visit establishments, such as branch banks, credit unions, real estate brokers, and builders, to promote mortgage service.
- May work on commission basis.
Loan Interviewer Mortgage Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More