As of September 01, 2026, the average salary for a Loan Servicing Associate III in the United States is $51,690 per year, which breaks down to an hourly rate of $25.
However, a Loan Servicing Associate III's salary can vary significantly. Here’s a look at the typical salary range:
Loan Servicing Associate III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $56,090 | $4,674 | $1,079 | $27 |
| Average | $51,690 | $4,308 | $994 | $25 |
| 25th Percentile | $48,290 | $4,024 | $929 | $23 |
A Loan Servicing Associate III'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.
Experience is a primary driver of a Loan Servicing Associate III'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Loan Servicing Representative I - Consumer Loans | 0-1 years | $41,735 |
| Loan Servicing Representative II - Consumer Loans | 1-3 years | $46,524 |
| Loan Servicing Associate III | 3-5 years | $51,695 |
| Consumer Loan Servicing Supervisor | 5+ years | $72,606 |
| Consumer Loan Servicing Manager | 5+ years | $96,489 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 8.8% |
| Data Entry | 1.77% |
| Financial Services | 1.4% |
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 III's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Process Improvement | $66,163 | |
| Analytical Skills | $65,129 | |
| Leadership | $59,444 |
Loan Servicing Associate III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $55,104. While startup companies pay approximate $46,764.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $46,764 |
| Growth Stage | 51~500 | $49,428 |
| Established | 501~5000 | $53,250 |
| Enterprise | 5000+ | $55,104 |
Understanding how a Loan Servicing Associate III'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $56,090 | $4,674 | $1,079 | $27 |
| Average | $51,690 | $4,308 | $994 | $25 |
| 25th Percentile | $48,290 | $4,024 | $929 | $23 |
Promotions are the fastest way to increase your earnings. As a Loan Servicing Associate III, 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.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Loan Servicing Associate IV | $63,700 | 23% |
| Mortgage Escrow Documentation Specialist | $58,200 | 13% |
Salaries for a Loan Servicing Associate III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $50,760 in 2023 to around $50,294 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Loan Servicing Associate III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $50,760 |
| 2024 | $50,555 |
| 2025 | $50,294 |
| 2026 |
View More
|
| 2027 |
View More
|
Analyze the market and your qualifications to negotiate your salary with confidence.
Search thousands of open positions to find your next opportunity.
Individualize employee pay based on unique job requirements and personal qualifications.
Get the latest market price for benchmark jobs and jobs in your industry.
The Financial Services industry offers the highest average compensation for Loan Servicing Associate III roles, with salaries approximately 10% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
Salary.com's CompAnalyst platform offers: