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Career and Education Opportunities for Loan Inspectors in Virginia

Virginia has a population of 7,882,590, which has grown by 11.36% over the past decade. Nicknamed the "Old Dominion," its capital is Richmond, though its biggest city is Virginia Beach.

The national trend for loan inspectors sees this job pool growing by about 4.3% over the next eight years. In general, loan inspectors 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.

Loan inspectors earn about $17 hourly or $35,870 annually on average in Virginia and about $15 hourly or $32,470 yearly on average nationally. Compared with people working in the overall category of Clerical, people working as loan inspectors in Virginia earn more. They earn more than people working in the overall category of Clerical nationally.

In 2008, there were a total of 4,916,428 jobs in Virginia. The average annual income was $44,075 in 2008, up from $43,158 the previous year. The unemployment rate in Virginia was 6.7% in 2009, which has grown by 2.8% since the previous year. About 29.5% of Virginia residents have college degrees, which is higher than the national average.

The top industries in Virginia include computer systems design services, internet service providers, web search portals, and data processing services, and internet service providers search portals. Notable tourist attractions include the Jungle Golf of Virginia Beach Inc, the Aquarist, and the Outreach Services.

CITIES WITH Loan Inspector OPPORTUNITIES IN Virginia


JOB DESCRIPTION: Loan Inspector

Loan Inspector video from the State of New Jersey Dept. of Labor and Workforce Development

In general, loan inspectors 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. They also review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.

Every day, loan inspectors are expected to be able to articulate ideas and problems. They need to listen to and understand others in meetings.

Similar jobs with educational opportunities in Virginia include:

  • Bank Teller. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
  • Bookkeeper. Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
  • Broker Assistant. Perform clerical duties involving the purchase or sale of securities. Duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, and keeping records of daily transactions and holdings.
  • Clerk. Compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.
  • Payroll Bookkeeper. Compile and post employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions. May prepare paychecks.
  • Secretary. Perform routine clerical and administrative functions such as drafting correspondence, scheduling appointments, organizing and maintaining paper and electronic files, or providing information to callers.
  • Statistical Clerk. Compile and compute data according to statistical formulas for use in statistical studies. May perform actuarial computations and compile charts and graphs for use by actuaries. Includes actuarial clerks.
  • Store Clerk. Receive, store, and issue sales floor merchandise. Stock shelves, racks, and tables with merchandise and arrange merchandise displays to attract customers. May periodically take physical count of stock or check and mark merchandise.

LOCATION INFORMATION: Virginia

Virginia
Virginia photo by Anderskev

Virginia has a population of 7,882,590, which has grown by 11.36% in the last 10 years. Nicknamed the "Old Dominion," its capital is Richmond, though its most populous city is Virginia Beach. In 2008, there were a total of 4,916,428 jobs in Virginia. The average annual income was $44,075 in 2008, up from $43,158 the preceding year. The unemployment rate in Virginia was 6.7% in 2009, which has grown by 2.8% since the previous year. Roughly 29.5% of Virginia residents have college degrees, which is higher than the national average.

The top industries in Virginia include computer systems design services, internet service providers, web search portals, and data processing services, and internet service providers search portals. Notable tourist destinations include the Old Coast Guard Station, the Aquarist, and the City Directory.