How much does a Loan Servicing Executive make hourly in the United States? The average hourly wage for a Loan Servicing Executive in the United States is $87 as of September 26, 2019, but the range typically falls between $65 and $111. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
The Loan Servicing Executive ensures efficiency of collections, escrow, and cashiering operations. Oversees all consumer loan servicing activities. Being a Loan Servicing Executive requires a bachelor's degree. Provides recommendations for areas of improvement. In addition, Loan Servicing Executive typically reports to a head of a unit/department. The Loan Servicing Executive manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Loan Servicing Executive typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2019 Salary.com)
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Includes base and short-term incentives