Loan Interviewers and Clerks Salary

It’s a stretch — at the median salary of $43K, rent takes 34% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $992/month. The 30% guideline puts the comfortable ceiling at roughly $900/month in rent — so roommates or a 1-bedroom would ease the math significantly.

The 10th-percentile wage — what new loan interviewers and clerks typically earn — is $38K/year. Take-home on that works out to about $2,287/month. At HUD’s $992/month FMR, rent would take 43% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Local pay runs 15% below the national median — $43K here vs. $50K nationally. Cost of living is 14% below the national average, which narrows that gap in real purchasing power.

Cape Girardeau pays $43K median vs. the U.S. average of $50K — that’s -15%. After adjusting for local cost of living (RPP 86.1), the purchasing-power equivalent is $49K — below the national median.

The median is $42,520 a year, that works out to about $20 an hour. But the range is wide: entry-level workers start around $38,110, and experienced loan interviewers and clerks can clear $62,670. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $2,915/month after taxes. A 2-bedroom here rents for about $992/month, which eats 34% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

Cape Girardeau has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median loan interviewers and clerks salary is worth about $49,384 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.