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Loan Interviewer Mortgage Salary
in Chicago, Illinois

$45,392 (USD)

Average Salary

$22/hr

Average Hourly

$903

Average Bonus

Last updated: June 16, 2019

Salary Recap

The average pay for a Loan Interviewer Mortgage is $45,392 a year and $22 an hour in Chicago, Illinois, United States. The average salary range for a Loan Interviewer Mortgage is between $33,895 and $54,952. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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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 Prevalence in Chicago, Illinois, United States

Job family: Correspondence Clerks

Job family population: 6,370

Estimated population of Loan Interviewer Mortgage jobs: 1,662

Rate of error: 4.4%

Salary Potential

Estimated salary in 2024:
$52,622
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Loan Interviewer Mortgage Job Listings for Chicago, Illinois

No listings found
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