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What is a loan examiner and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being a loan examiner. For example, did you know that they make an average of $29.7 an hour? That's $61,785 a year! Between 2018 and 2028, the career is expected to grow 4% and produce 12,600 job opportunities across the U.S.
ScoreLoan ExaminerUS Average
Salary
4.8

Avg. Salary $61,785

Avg. Salary $59,228

Stability level
7.3

Growth rate 4%

Growth rate 0.3%

Diversity
5.4
Race

American Indian and Alaska Native 0.49%

Asian 5.67%

Black or African American 10.43%

Hispanic or Latino 14.42%

Unknown 4.71%

White 64.28%

Gender

female 40.98%

male 59.02%

Age - 44
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44
Stress level
7.3

Stress level is high

7.1 - high

Complexity level
8.8

Complexity level is advanced

7 - challenging

Work life balance
5.6

Work life balance is fair

6.4 - fair

Key steps to become a loan examiner

  1. Explore loan examiner education requirements

    Most common loan examiner degrees

    Bachelor's

    78.8 %

    Associate

    9.6 %

    Master's

    5.8 %
  2. Start to develop specific loan examiner skills

    SkillsPercentages
    Credit Risk26.61%
    Credit Quality23.35%
    Internal Controls17.78%
    Consumer Complaints14.12%
    Problem Loans9.34%
  3. Complete relevant loan examiner training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New loan examiners learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a loan examiner based on U.S. Bureau of Labor Statistics data and data from real loan examiner resumes.
  4. Research loan examiner duties and responsibilities

    • Innovate technical solutions, including development of complex macros within MSP, to automate work and reduce manual processes
    • Blood collection by venipuncture and capillary technique ensure all specimens are collect accurately, on time and according to establish procedures.
    • Determine document validity base on HUD requirements.
  5. Prepare your loan examiner resume

    When your background is strong enough, you can start writing your loan examiner resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a loan examiner resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable loan examiner resume templates

    Build a professional loan examiner resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your loan examiner resume.
    Loan Examiner Resume
    Loan Examiner Resume
    Loan Examiner Resume
    Loan Examiner Resume
    Loan Examiner Resume
    Loan Examiner Resume
    Loan Examiner Resume
    Loan Examiner Resume
    Loan Examiner Resume
  6. Apply for loan examiner jobs

    Now it's time to start searching for a loan examiner job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first loan examiner job

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Average loan examiner salary

The average loan examiner salary in the United States is $61,785 per year or $30 per hour. Loan examiner salaries range between $44,000 and $86,000 per year.

Average loan examiner salary
$61,785 Yearly
$29.70 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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