Job Check
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.
10 main tasks · most important first
Your main tasks and AI
Importance- 01Interview loan applicants to obtain personal and financial data and to assist in completing applications.People already use AI for this at work
- 02Answer questions and advise customers regarding loans and transactions.AI could speed this up, with extra tools
- 03Submit loan applications with recommendation for underwriting approval.AI could speed this up, with extra tools
- 04Verify and examine information and accuracy of loan application and closing documents.AI could speed this up, with extra tools
- 05Record applications for loan and credit, loan information, and disbursements of funds, using computers.AI could speed this up a lot
- 06Check value of customer collateral to be held as loan security.AI could speed this up, with extra tools
- 07Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications.AI could speed this up, with extra tools
- 08Prepare and type loan applications, closing documents, legal documents, letters, forms, government notices, and checks, using computers.AI could speed this up a lot
- 09Order property insurance or mortgage insurance policies to ensure protection against loss on mortgaged property.AI could speed this up, with extra tools
- 10Accept payment on accounts.AI could speed this up, with extra tools
Tasks from O*NET® 31.0 (US Department of Labor, CC BY 4.0, changed by us), most important first. “Already use” comes from Anthropic’s data on real work chats with Claude; “could speed up” from task ratings made with GPT-4 in 2023.
Four studies, side by side
None is a forecast of job loss20%of this job’s work time goes to tasks that people already do with Claude at work, counting tasks where AI only helps as half (2026).Anthropic, 2026
59%of this job’s tasks an AI model could do in half the time, counting tasks that need extra tools as half (rated in 2023).Eloundou, Manning, Mishkin and Rock, 2023
Above 85% of jobsin how often and how well AI helped with this job’s work in Microsoft Copilot chats (2024 data).Microsoft Research (Tomlinson et al.), 2025
Your human edge
AI touches every main task of this job in some way. Your edge is judgment: knowing when AI’s work is right, and checking it before it counts.