Midwest Loan Services Inc Salary

Midwest Loan Services Inc Salary

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As of August 2026, the average hourly salary for employees at Midwest Loan Services Inc in the United States is $44. This translates to an approximate annual wage of $91,704. Salaries at Midwest Loan Services Inc typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Midwest Loan Services Inc

Ready for your next career move? Explore current job openings at Midwest Loan Services Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Midwest Loan Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Midwest Loan Services Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Loansteady LLC $52
+17.3%
Influenced by prevailing union wage agreements specific to Loansteady LLC's sector.
Endeavor Capital LLC $46
+4.3%
Reflects structural premiums typical of Endeavor Capital LLC's large-cap national operations.
Twin State Lending $44
+0.9%
Confirms Twin State Lending is a direct competitor vying for the exact same talent pool.
Quanto $49
+11.4%
Supported by Quanto's high-margin contracts allowing higher overhead.
Financial Services Industry $59
+32.5%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Companies Similar to Midwest Loan Services Inc and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Midwest Loan Services Inc. Click a company name to learn more.

Employee Reviews: Working at Midwest Loan Services Inc

Considering a career at Midwest Loan Services Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
There’s a clear path for advancement. I felt welcomed and well-prepared from day one, setting me up for success here. We have a strong client-first mentality. The firm’s commitment to corporate responsibility—from sustainability to community initiatives—adds deeper meaning to our daily work. Leadership is approachable and open to innovation.
Commented in April 11, 2025
43
1
Focus on compliance sometimes no innovation. Touches like quality coffee and fresh fruit make a difference. Excellent culture focused on results, ethics, and people. I’ve had the chance to lead projects, learn new systems, and contribute meaningfully.
Commented in March 16, 2025
30
2
Managers lead by strong example. Communication is formal, with limited opportunities for employee feedback to influence change. HR responds to inquiries quickly. Positive work-life balance and flexible scheduling. Theemployee operation has weathered market cycles while continuously innovating. Knowledge is shared freely.
Commented in September 13, 2024
19
1
Our differences are celebrated as strengths that drive innovation. Ethical practices and transparency build trust, and it’s rewarding to work for a firm that prioritizes long-term client satisfaction over short-term gains. What impresses me most is how the company balances traditional financial rigor with digital transformation initiatives. Open-door policies make leadership accessible. Employee r...
Commented in February 01, 2024
31
3

Midwest Loan Services Inc Overview

Website
www.midwestloanservices.com
Founded In
1992
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
400 Quincy St Hancock Michigan MI 49930
Revenue
$10 Million - $50 Million
Phone Number
+1 8002295417
Social Media
About Midwest Loan Services Inc
Midwest Loan Services is a mortgage subservicing provider that offers a Premier Service Advantage to homeowners and their lenders in all 50 states. Let us show you how we can help make things simpler and more efficient for you.

What Benefits Does Midwest Loan Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midwest Loan Services Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Midwest Loan Services Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Midwest Loan Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Midwest Loan Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Midwest Loan Services Inc

1. What is the estimated average total compensation at Midwest Loan Services Inc?

Salary.com estimates that the average total compensation package at Midwest Loan Services Inc, which can include base salary, potential bonuses, and benefits, is around $44 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Midwest Loan Services Inc pay compared to Loansteady LLC?

The average annual salary at Midwest Loan Services Inc is $91,704, or an hourly wage of $44, in comparison to Loansteady LLC which pays $107,537 per year or $52 per hour.

3. Do salaries differ significantly between departments at Midwest Loan Services Inc?

Yes, salaries often differ between departments at Midwest Loan Services Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Midwest Loan Services Inc?

Salary progression from an entry-level to a senior role at Midwest Loan Services Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Midwest Loan Services Inc in Detroit is fair given the local cost of living?

To determine if a salary offer from Midwest Loan Services Inc in Detroit is fair, first compare the gross salary to our data for similar roles at Midwest Loan Services Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Detroit" to understand its purchasing power.

6. Are promotions at Midwest Loan Services Inc usually accompanied by a significant salary increase?

Yes, promotions at Midwest Loan Services Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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