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Loan Servicing Representative I - Consumer Loans Salary in Maryland

How much does a Loan Servicing Representative I - Consumer Loans make in Maryland?

As of August 01, 2026, the average salary for a Loan Servicing Representative I - Consumer Loans in Maryland is $43,100 per year, which breaks down to an hourly rate of $21.

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): $49,404
  • Majority Range (25th-75th percentile): $39,600 to $46,400
  • Entry-Level (10th percentile): $36,413
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View as table View as graph 25% $39,600 10% $36,413 90% $49,404 75% $46,400 $43,100 50%(Median) Didn’t find job title? Click

Loan Servicing Representative I - Consumer Loans Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $46,400 $3,867 $892 $22
Average $43,100 $3,592 $829 $21
25th Percentile $39,600 $3,300 $762 $19
Check out Loan Servicing Representative I - Consumer Loans Job Openings in Maryland
Consumer Loan Servicing Representative

NASA Federal Credit Union - Upper Marlboro, MD

Mortgage Loan Servicing Representative

NASA Federal Credit Union - Upper Marlboro, MD

Mortgage Loan Servicing Representative

NASA Federal Credit Union - Upper Marlboro, MD

Mortgage Loan Servicing Representative

NASA FCU - Rockville, MD

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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): $43,035
  • Loan Servicing Representative II - Consumer Loans (1-3 years): $47,970
  • Loan Servicing Representative III - Consumer Loans (3-5 years): $53,301
  • Consumer Loan Servicing Supervisor (5+ years): $65,561
  • Consumer Loan Servicing Manager (5+ years): $99,474
Job Role Years of Experience Average Salary
Loan Servicing Representative I - Consumer Loans0-1 years$43,035
Loan Servicing Representative II - Consumer Loans1-3 years$47,970
Loan Servicing Representative III - Consumer Loans3-5 years$53,301
Consumer Loan Servicing Supervisor5+ years$65,561
Consumer Loan Servicing Manager5+ years$99,474
$43,035 Loan Serv...
$47,970 Loan Serv...
$53,301 Loan Serv...
$65,561 Consumer ...
$99,474 Consumer ...
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What Am I Worth?

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:

  • Owings: $44,400
  • Riverdale: $45,900
  • College Park: $45,900

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 $45,920. While startup companies pay approximate $38,992.

Loan Servicing Representative I - Consumer Loans Salary by Company Size

Company Size Employees Average Salary
Startup1~50$38,992
Growth Stage51~500$41,205
Established501~5000$44,384
Enterprise5000+$45,920

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$51,720$25.020%

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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$39,600
Average $43,100/year
$46,400
$3,300
Average $3,592/month
$3,867
$762
Average $829/week
$892
$19
Average $21/hour
$22
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $46,400 $3,867 $892 $22
Average $43,100 $3,592 $829 $21
25th Percentile $39,600 $3,300 $762 $19

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 $48,000 11%
Mortgage Escrow Documentation Specialist $60,000 39%

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