Loan Servicing Associate I Salary in the United States
How much does a Loan Servicing Associate I make in the United States?
As of September 01, 2026, the average salary for a Loan Servicing Associate I in the United States is $41,790 per year, which breaks down to an hourly rate of $20.
However, a Loan Servicing Associate I's salary can vary significantly. Here’s a look at the typical salary range:
Top Earners (90th percentile): $47,903
Majority Range (25th-75th percentile): $38,490 to $44,990
Key Factors That Influence Loan Servicing Associate I Salaries
A Loan Servicing Associate I's salary isn't a fixed number. It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location
and company size
can directly affect your earning potential.
How Experience Level Affects Loan Servicing Associate Salaries?
Experience is a primary driver of a Loan Servicing Associate I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
Loan Servicing Associate I (0-1 years): $41,735
Loan Servicing Representative II - Consumer Loans (1-3 years): $46,524
Loan Servicing Representative III - Consumer Loans (3-5 years): $51,695
How Do Loan Servicing Associate I Salaries Vary from State to State?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Servicing Associate Is. For example, consider the average annual salaries in these key locations:
District of Columbia: $46,290.
California: $46,090.
Massachusetts: $45,490.
District of Columbia$46,290
California$46,090
Massachusetts$45,490
Washington$45,290
New Jersey$45,290
Alaska$45,190
Connecticut$44,690
New York$44,390
Hawaii$43,690
Rhode Island$43,290
Maryland$43,090
Minnesota$42,790
Illinois$42,590
Colorado$42,590
Oregon$42,390
Delaware$42,290
New Hampshire$42,190
Virginia$42,090
Pennsylvania$41,590
Nevada$41,390
North Dakota$41,290
Michigan$41,190
Wisconsin$41,090
Vermont$40,990
Texas$40,790
Ohio$40,690
Maine$40,690
Arizona$40,690
Georgia$40,290
Indiana$40,090
Wyoming$40,090
Utah$39,990
Iowa$39,990
Kansas$39,790
Louisiana$39,690
North Carolina$39,690
Missouri$39,690
Montana$39,490
Florida$39,490
Nebraska$39,390
Kentucky$39,290
South Carolina$39,190
Tennessee$39,090
Idaho$38,990
New Mexico$38,690
Oklahoma$38,590
Alabama$38,390
South Dakota$37,990
Arkansas$37,790
West Virginia$37,590
Mississippi$37,290
Top Paying Cities for Loan Servicing Associate Is
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
San Jose: $52,690
San Francisco: $52,090
Oakland: $50,990
San Jose, CA$52,690
San Francisco, CA$52,090
Oakland, CA$50,990
New York, NY$48,090
Paramus, NJ$47,490
Queens Village, NY$47,490
Passaic, NJ$47,490
Bergenfield, NJ$47,490
Huntington, NY$47,390
Stamford, CT$47,390
Newark, NJ$47,090
Bridgeport, CT$46,990
Vallejo, CA$46,890
New Brunswick, NJ$46,890
Petaluma, CA$46,790
Middlesex, NJ$46,790
Somerset, NJ$46,690
Santa Cruz, CA$46,690
Boston, MA$46,390
Monterey, CA$46,290
Seattle, WA$46,190
Santa Rosa, CA$46,190
Los Angeles, CA$46,190
Juneau, AK$46,090
Washington, DC$45,990
Orange, CA$45,890
Anchorage, AK$45,690
Anaheim, CA$45,690
Santa Ana, CA$45,690
Long Beach, CA$45,690
Santa Maria, CA$45,590
Everett, WA$45,490
Danbury, CT$45,390
Bremerton, WA$45,290
Sacramento, CA$45,190
Tacoma, WA$45,190
New Suffolk, NY$45,190
Trenton, NJ$45,090
Santa Barbara, CA$45,090
San Diego, CA$45,090
Brockton, MA$44,990
Fairbanks, AK$44,890
Lompoc, CA$44,790
Lowell, MA$44,790
Ventura, CA$44,790
Nashua, NH$44,790
Stockton, CA$44,790
Modesto, CA$44,490
Poughkeepsie, NY$44,390
Olympia, WA$44,290
Kennewick, WA$44,290
New Haven, CT$44,290
Lawrence, MA$44,090
Hartford, CT$44,090
Riverside, CA$44,090
Richland, WA$43,990
Atlantic City, NJ$43,990
New Britain, CT$43,990
New Bedford, MA$43,990
Bakersfield, CA$43,990
San Bernardino, CA$43,990
New London, CT$43,890
Norwich, CT$43,890
Portsmouth, NH$43,890
Boulder, CO$43,790
Portland, OR$43,790
Worcester, MA$43,790
Minneapolis, MN$43,590
Philadelphia, PA$43,590
Honolulu, HI$43,490
Vineland, NJ$43,390
Saint Paul, MN$43,390
Providence, RI$43,290
Chicago, IL$43,190
Springfield, MA$43,090
Baltimore, MD$43,090
Bellingham, WA$43,090
Chico, CA$42,990
Pittsfield, MA$42,890
Manchester, NH$42,790
Spokane, WA$42,590
Denver, CO$42,590
Albany, NY$42,390
Troy, NY$42,390
Schenectady, NY$42,290
Nassau, NY$42,290
Wilmington, DE$42,290
Burlington, VT$42,190
Salem, OR$42,190
Portland, ME$42,090
Yakima, WA$41,990
Reno, NV$41,890
Fresno, CA$41,890
Rochester, MN$41,890
Allentown, PA$41,790
Ann Arbor, MI$41,790
Milwaukee, WI$41,790
Detroit, MI$41,790
Colorado Springs, CO$41,690
Syracuse, NY$41,690
Carson City, NV$41,690
Houston, TX$41,590
Eugene, OR$41,590
Gary, IN$41,590
Springfield, OR$41,490
Bismarck, ND$41,490
Galveston, TX$41,490
Concord, NH$41,390
Medford, OR$41,390
Fort Collins, CO$41,390
Austin, TX$41,390
Dallas, TX$41,290
Phoenix, AZ$41,290
Reading, PA$41,290
Mesa, AZ$41,290
Saint Cloud, MN$41,190
Madison, WI$41,190
Utica, NY$41,090
Rochester, NY$40,990
Des Moines, IA$40,990
Raleigh, NC$40,990
Atlanta, GA$40,890
Battle Creek, MI$40,890
Salt Lake City, UT$40,890
Lancaster, PA$40,790
Harrisburg, PA$40,790
Cleveland, OH$40,690
Indianapolis, IN$40,690
Richmond, VA$40,690
Pittsburgh, PA$40,690
Boca Raton, FL$40,690
Fort Worth, TX$40,690
Champaign, IL$40,690
Kansas City, KS$40,690
Kansas City, MO$40,690
Columbus, OH$40,690
Las Vegas, NV$40,590
Cincinnati, OH$40,590
Lansing, MI$40,490
Petersburg, VA$40,490
Huntsville, AL$40,490
Charlotte, NC$40,390
Racine, WI$40,390
Dayton, OH$40,390
Saint Louis, MO$40,390
Appleton, WI$40,390
Pueblo, CO$40,390
Lebanon, PA$40,390
Buffalo, NY$40,390
Toledo, OH$40,290
Benton Harbor, MI$40,290
Binghamton, NY$40,290
Lorain, OH$40,290
Rock Hill, SC$40,290
Billings, MT$40,290
York, PA$40,290
Beaumont, TX$40,290
Gastonia, NC$40,290
Elkhart, IN$40,290
Rockford, IL$40,190
Springfield, IL$40,190
Elyria, OH$40,190
Fargo, ND$40,190
Flagstaff, AZ$40,190
Fort Lauderdale, FL$40,190
Duluth, MN$40,090
Miami, FL$40,090
Grand Forks, ND$40,090
Cheyenne, WY$40,090
Louisville, KY$39,990
Durham, NC$39,990
Grand Rapids, MI$39,990
Bangor, ME$39,990
Cedar Rapids, IA$39,990
Hialeah, FL$39,890
Casper, WY$39,890
Scranton, PA$39,790
New Orleans, LA$39,790
Virginia Beach, VA$39,790
Akron, OH$39,790
Jamestown, NY$39,690
Davenport, IA$39,690
Charleston, SC$39,690
Baton Rouge, LA$39,690
Sarasota, FL$39,690
Omaha, NE$39,690
Nashville, TN$39,690
Peoria, IL$39,690
Green Bay, WI$39,690
Port Arthur, TX$39,590
Evansville, IN$39,590
Bradenton, FL$39,590
Saint Petersburg, FL$39,590
Tucson, AZ$39,590
Tampa, FL$39,590
Santa Fe, NM$39,490
Clearwater, FL$39,390
Orlando, FL$39,390
La Crosse, WI$39,290
Canton, OH$39,290
Albuquerque, NM$39,290
Newport News, VA$39,290
High Point, NC$39,290
Ogden, UT$39,290
Corpus Christi, TX$39,190
Norfolk, VA$39,190
Laramie, WY$39,190
Rock Island, IL$39,190
Saginaw, MI$39,190
Jacksonville, FL$39,190
Salisbury, NC$39,190
Tulsa, OK$39,090
Memphis, TN$39,090
Waterloo, IA$39,090
Moline, IL$39,090
Fort Myers, FL$39,090
Boise, ID$39,090
Spartanburg, SC$38,990
Lincoln, NE$38,990
Fort Wayne, IN$38,990
Provo, UT$38,990
South Bend, IN$38,890
Cedar Falls, IA$38,890
San Antonio, TX$38,890
Greensboro, NC$38,890
Winston Salem, NC$38,790
Birmingham, AL$38,790
Savannah, GA$38,790
Muskegon, MI$38,790
Lake Charles, LA$38,690
Anderson, IN$38,690
Lexington, KY$38,690
Augusta, GA$38,690
Greenville, SC$38,690
Columbia, SC$38,590
Springfield, OH$38,590
Wichita, KS$38,590
Lima, OH$38,590
Tuscaloosa, AL$38,590
Asheville, NC$38,490
Bloomington, IN$38,490
Knoxville, TN$38,290
Shreveport, LA$38,290
Wilmington, NC$38,290
Roanoke, VA$38,290
Longview, TX$38,190
Chillicothe, OH$38,190
Topeka, KS$38,190
Frankfort, KY$38,190
Oklahoma City, OK$38,190
Terre Haute, IN$38,090
Melbourne, FL$38,090
Sioux Falls, SD$38,090
Mobile, AL$38,090
Killeen, TX$37,990
Fayetteville, AR$37,990
Altoona, PA$37,990
Amarillo, TX$37,990
Chattanooga, TN$37,890
Sioux City, IA$37,890
Idaho Falls, ID$37,890
Lynchburg, VA$37,890
Gainesville, FL$37,790
Portsmouth, OH$37,790
Little Rock, AR$37,790
Lafayette, LA$37,790
Youngstown, OH$37,790
Temple, TX$37,690
Pensacola, FL$37,690
Daytona Beach, FL$37,690
Clarksville, TN$37,690
Hopkinsville, KY$37,590
Erie, PA$37,590
Florence, SC$37,590
Charleston, WV$37,490
Great Falls, MT$37,490
Pine Bluff, AR$37,390
Helena, MT$37,390
Waco, TX$37,390
Tallahassee, FL$37,390
Macon, GA$37,390
Fayetteville, NC$37,390
Vincennes, IN$37,290
Lubbock, TX$37,290
Alamogordo, NM$37,290
Huntington, WV$37,190
Jackson, MS$37,190
Greenville, MS$37,190
Twin Falls, ID$37,190
Rapid City, SD$37,190
Montgomery, AL$37,090
Wichita Falls, TX$37,090
Springfield, MO$37,090
Parkersburg, WV$37,090
Sumter, SC$36,990
Biloxi, MS$36,990
Monroe, LA$36,990
Johnstown, PA$36,990
Abilene, TX$36,890
Columbus, GA$36,890
Pascagoula, MS$36,890
Kingsport, TN$36,790
Albany, GA$36,790
Gulfport, MS$36,690
Alexandria, LA$36,590
Fort Smith, AR$36,490
El Paso, TX$36,390
Las Cruces, NM$36,190
Harlingen, TX$36,090
Pocatello, ID$36,090
Florence, AL$35,990
Brownsville, TX$35,990
Mcallen, TX$35,890
Dothan, AL$35,890
Columbus, MS$35,590
Lawton, OK$35,390
Altus, OK$35,390
Pierre, SD$35,190
What Skills Can Increase a Loan Servicing Associate I's Salary?
Demanded Skills for the Role:
Customer Service (Mentioned in 8.51% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Commercial Loans (Mentioned in 1.74% Job Postings): A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford.
Financial Services (Mentioned in 1.38% Job Postings): A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
Mastering certain specialized skills can lead to a significant increase in pay.
Here are examples of skills and the potential impact they can have on a Loan Servicing Associate I's salary.
Construction Loans: Can increase your salary by up to 34%.
Decision Making: Can increase your salary by up to 12%.
Coordination: Can increase your salary by up to 10%.
Loan Servicing Associate I Salary by Company Size: Startups vs. Enterprise
Loan Servicing Associate I salary potential scales significantly with company size.
Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $44,550.
While startup companies pay approximate $37,808.
Loan Servicing Associate I Salary by Company Size
Company Size
Employees
Average Salary
Startup
1~50
$37,808
Growth Stage
51~500
$39,961
Established
501~5000
$43,051
Enterprise
5000+
$44,550
Loan Servicing Associate I Salary by Industry: Top Paying Sectors
For Loan Servicing Associate I roles, the industry you choose can impact your earning potential
by as much as 40% (the gap between the highest and lowest paying industries).
Data shows that the highest-paying industry, Business Services,
offers compensation 20% above the average. Conversely,
Loan Servicing Associate positions in Edu., Gov't. & Nonprofit typically offer lower base pay,
as this sector often view Loan Servicing Associate I as a support function rather than a direct revenue driver.
The top paying industry for a Loan Servicing Associate I
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Business Services
$50,148
$24.0
20%
Loan Servicing Associate I Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Loan Servicing Associate I's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
Hourly
Monthly
Weekly
Yearly
Table View
Last Updated on September 01, 2026
$38,490
Average$41,790/year
$44,990
$3,208
Average$3,483/month
$3,749
$740
Average$804/week
$865
$19
Average$20/hour
$22
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
75th Percentile
$44,990
$3,749
$865
$22
Average
$41,790
$3,483
$804
$20
25th Percentile
$38,490
$3,208
$740
$19
Loan Servicing Associate I Salary Growth & Career Path
Promotions are the fastest way to increase your earnings.
As a Loan Servicing Associate I, you have the following paths for advancement.
The table below compares the salary raises for common next-step roles.
By comparing these figures, you can choose the career path that best meets your financial goals.
Loan Servicing Associate I Salary Growth and Career Path
Next Step Role
Estimate Salary
Projected Raise
Loan Servicing Representative II - Consumer Loans
$46,600
12%
Mortgage Escrow Documentation Specialist
$58,200
39%
Salaries of Jobs related to Loan Servicing Associate I
Loan Servicing Associate IV$63,700
Loan Servicing Clerk IV$63,613
Consumer Loan Servicing Assistant$52,403
Loan Servicing Clerk III$51,695
Loan Servicing Associate III$51,690
Loan Servicing Associate II$46,590
Loan Servicing Associate$46,556
Loan Servicing Clerk II$46,524
Loan Servicing Representative I - Consumer Loans$41,800
Loan Servicing Specialist I - Consumer Loans$41,740
Loan Servicing Clerk I$41,735
Salary Trends for Loan Servicing Associate I
Salaries for a Loan Servicing Associate I can change over time,
reflecting shifts in market demand and the overall economy.
The median salary decreased from $41,205 in 2023
to around $41,006 in 2025,
reflecting changes in demand, location, experience, and the wider economy.
For a detailed analysis of Loan Servicing Associate I salary trends,
.
Average Annual Salary of Loan Servicing Associate I Over Time
$???
$41,205
$41,245
$41,006
$???
$???
2022
2023
2024
2025
2026
2027
Year
Average Annual Salary
2022
View More
2023
$41,205
2024
$41,245
2025
$41,006
2026
View More
2027
View More
Most common benefits for Loan Servicing Associate I
Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)
Common company salaries for Loan Servicing Associate I
Here are companies hiring for Loan Servicing Associate I and their salaries, click below for more details.
K$114,295/per year
Kpmg Us LLPBusiness Servicesthe United States
W$114,096/per year
Warner Bros DiscoveryBusiness Servicesthe United States
D$111,927/per year
Dentsu International LtdBusiness Servicesthe United States
G$111,873/per year
GroupM Worldwide IncBusiness Servicesthe United States
C$111,651/per year
CoWorx StaffingBusiness Servicesthe United States
C$110,194/per year
Contemporary Services CorpBusiness Servicesthe United States
S$107,128/per year
Showcase CinemasBusiness Servicesthe United States
A$106,429/per year
Amentum Services IncBusiness Servicesthe United States
A$106,199/per year
Allied Universal Security Services LLCBusiness Servicesthe United States
S$106,104/per year
Sodexo USABusiness Servicesthe United States
J$105,192/per year
JLL TechnologiesBusiness Servicesthe United States
I$104,478/per year
Intact Insurance Group USA LLCBusiness Servicesthe United States
N$101,619/per year
NielsenIQBusiness Servicesthe United States
T$101,470/per year
The Leading Edge AllianceBusiness Servicesthe United States
H$101,308/per year
Honeywell UOPBusiness Servicesthe United States
R$97,720/per year
Reeve & AssociatesBusiness Servicesthe United States
M$97,584/per year
ManpowerGroup Global IncBusiness Servicesthe United States
F$95,980/per year
Financial Sys NcoBusiness Servicesthe United States
A$95,314/per year
Arrow Global LtdBusiness Servicesthe United States
C$94,777/per year
CarMax Enterprise Services LLCBusiness Servicesthe United States
D$94,479/per year
DZConneXBusiness Servicesthe United States
A$93,802/per year
Adecco Staffing, USABusiness Servicesthe United States
R$92,937/per year
Resource MFGBusiness Servicesthe United States
Z$92,774/per year
Zachry Brands IncBusiness Servicesthe United States
G$88,138/per year
Greystar Worldwide LLCBusiness Servicesthe United States
Find Your Next Loan Servicing Associate I Job
Ready to take the next step in your career? Browse thousands of current Loan Servicing Associate I job openings on our job board. Use the search bar below to find your perfect match.
For Employees
Analyze the market and your qualifications to negotiate your salary with confidence.
Get a Salary Increase
Search thousands of open positions to find your next opportunity.
Search Job Openings
For Employers
Individualize employee pay based on unique job requirements and personal qualifications.
Adjust Employee Salary
Get the latest market price for benchmark jobs and jobs in your industry.
Price My Industry Jobs
FAQ about Loan Servicing Associate I
1. What industry pays the highest salary for Loan Servicing Associate I?
The Business Services industry offers the highest average compensation for Loan Servicing Associate I roles,
with salaries approximately 20% above the market median.
Where Does Our Salary Data Come From?
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
