What are the main factors that influence a Loan Servicing Representative I - Consumer Loans's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Loan Servicing Representative I - Consumer Loans?

The Business Services industry offers the highest average compensation for Loan Servicing Representative I - Consumer Loans roles, with salaries approximately 20% above the market median.

How does experience change A Loan Servicing Representative I - Consumer Loans's salary?

A Loan Servicing Representative I - Consumer Loans's salary grows with experience: a Loan Servicing Representative I - Consumer Loans (0-1 years)earns $46,211, a Loan Servicing Representative II - Consumer Loans (1-3 years)earns $51,510, a Loan Servicing Representative III - Consumer Loans (3-5 years)earns $57,234, a Consumer Loan Servicing Supervisor (5+ years)earns $70,400, a Consumer Loan Servicing Manager (5+ years)earns $106,816,

What are the highest paying states for a Loan Servicing Representative I - Consumer Loans?

Loan Servicing Representative I - Consumer Loans salary varies significantly by state. The top 3 highest paying states for Loan Servicing Representative I - Consumer Loans roles are District of Columbia $46,300, California $46,100, Massachusetts $45,500. These tech hubs typically pay 10-15% above the national average.

How much do different types of Loan Servicing Representative I - Consumer Loans roles make?

Salaries for Loan Servicing Representative I - Consumer Loans level roles vary by specialization: Consumer Loan Servicing Manager: $96,500; Loan Servicing Specialist IV - Consumer Loans: $63,690; Loan Servicing Representative IV - Consumer Loans: $63,610; Consumer Loan Servicing Supervisor: $63,600; Consumer Loan Servicing Assistant: $52,403.

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Loan Servicing Representative I - Consumer Loans Salary in District of Columbia

How much does a Loan Servicing Representative I - Consumer Loans make in District of Columbia?

As of August 01, 2026, the average salary for a Loan Servicing Representative I - Consumer Loans in District of Columbia is $46,300 per year, which breaks down to an hourly rate of $22.

However, a Loan Servicing Representative I - Consumer Loans's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $53,178
Majority Range (25th-75th percentile): $42,600 to $49,900
Entry-Level (10th percentile): $39,231

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Loan Servicing Representative I - Consumer Loans Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$49,900	$4,158	$960	$24
Average	$46,300	$3,858	$890	$22
25th Percentile	$42,600	$3,550	$819	$20

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Key Factors That Influence Loan Servicing Representative I - Consumer Loans Salaries

A Loan Servicing Representative I - Consumer Loans'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 Representative I - Consumer Loans Salaries?

Experience is a primary driver of a Loan Servicing Representative I - Consumer Loans'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 Representative I - Consumer Loans (0-1 years): $46,211
Loan Servicing Representative II - Consumer Loans (1-3 years): $51,510
Loan Servicing Representative III - Consumer Loans (3-5 years): $57,234
Consumer Loan Servicing Supervisor (5+ years): $70,400
Consumer Loan Servicing Manager (5+ years): $106,816

Job Role	Years of Experience	Average Salary
Loan Servicing Representative I - Consumer Loans	0-1 years	$46,211
Loan Servicing Representative II - Consumer Loans	1-3 years	$51,510
Loan Servicing Representative III - Consumer Loans	3-5 years	$57,234
Consumer Loan Servicing Supervisor	5+ years	$70,400
Consumer Loan Servicing Manager	5+ years	$106,816

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How Do Loan Servicing Representative I - Consumer Loans 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 Representative I - Consumer Loans. For example, consider the average annual salaries in these key locations:

District of Columbia: $46,300.
California: $46,100.
Massachusetts: $45,500.

District of Columbia $46,300 California $46,100 Massachusetts $45,500 Washington $45,300 New Jersey $45,300 Alaska $45,200 Connecticut $44,700 New York $44,400

Hawaii $43,700 Rhode Island $43,300 Maryland $43,100 Minnesota $42,800 Illinois $42,600 Colorado $42,600 Oregon $42,400 Delaware $42,300

New Hampshire $42,200 Virginia $42,100 Pennsylvania $41,600 Nevada $41,400 North Dakota $41,300 Michigan $41,200 Wisconsin $41,100 Vermont $41,000

Texas $40,800 Ohio $40,700 Maine $40,700 Arizona $40,700 Georgia $40,300 Indiana $40,100 Wyoming $40,100 Utah $40,000

Iowa $40,000 Kansas $39,800 Louisiana $39,700 North Carolina $39,700 Missouri $39,700 Montana $39,500 Florida $39,500 Nebraska $39,400

Kentucky $39,300 South Carolina $39,200 Tennessee $39,100 Idaho $39,000 New Mexico $38,700 Oklahoma $38,600 Alabama $38,400 South Dakota $38,000

Arkansas $37,800 West Virginia $37,600 Mississippi $37,300

Top Paying Cities for Loan Servicing Representative I - Consumer Loans

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:

Parcel Return Service: $46,000
Washington: $46,000
Naval Anacost Annex: $46,000

Parcel Return Service, DC $46,000 Washington, DC $46,000 Naval Anacost Annex, DC $46,000 Washington Navy Yard, DC $46,000

Loan Servicing Representative I - Consumer Loans Salary by Company Size: Startups vs. Enterprise

Loan Servicing Representative I - Consumer Loans salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $49,329. While startup companies pay approximate $41,887.

Loan Servicing Representative I - Consumer Loans Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$41,887
Growth Stage	51~500	$44,265
Established	501~5000	$47,680
Enterprise	5000+	$49,329

Loan Servicing Representative I - Consumer Loans Salary by Industry: Top Paying Sectors

For Loan Servicing Representative I - Consumer Loans 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 Representative I - Consumer Loans positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Loan Servicing Representative I - Consumer Loans as a support function rather than a direct revenue driver.

The top paying industry for a Loan Servicing Representative I - Consumer Loans

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Business Services	$55,560	$27.0	20%

Loan Servicing Representative I - Consumer Loans Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Servicing Representative I - Consumer Loans'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.

Last Updated on August 01, 2026

$42,600

Average $46,300/year

$49,900

$3,550

Average $3,858/month

$4,158

$819

Average $890/week

$960

$20

Average $22/hour

$24

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$49,900	$4,158	$960	$24
Average	$46,300	$3,858	$890	$22
25th Percentile	$42,600	$3,550	$819	$20

Loan Servicing Representative I - Consumer Loans Salary Growth & Career Path

Loan Servicing Representative I - Consumer Loans

Loan Servicing Representative II - Consumer Loans

Mortgage Escrow Documentation Specialist

Consumer Loan Servicing Manager

Promotions are the fastest way to increase your earnings. As a Loan Servicing Representative I - Consumer Loans, 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 Representative I - Consumer Loans Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
Loan Servicing Representative II - Consumer Loans	$51,600	11%
Mortgage Escrow Documentation Specialist	$64,500	39%

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