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Loan Servicing Representative II - Consumer Loans Salary in Grenada, MS

How much does a Loan Servicing Representative II - Consumer Loans make in Grenada, MS?

As of August 01, 2026, the average salary for a Loan Servicing Representative II - Consumer Loans in Grenada, MS is $40,300 per year, which breaks down to an hourly rate of $19.

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

  • Top Earners (90th percentile): $46,604
  • Majority Range (25th-75th percentile): $37,400 to $43,600
  • Entry-Level (10th percentile): $34,760
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View as table View as graph 25% $37,400 10% $34,760 90% $46,604 75% $43,600 $40,300 50%(Median) Didn’t find job title? Click

Loan Servicing Representative II - Consumer Loans Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $43,600 $3,633 $838 $21
Average $40,300 $3,358 $775 $19
25th Percentile $37,400 $3,117 $719 $18
Check out Loan Servicing Representative II - Consumer Loans Job Openings in Grenada, MS
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Key Factors That Influence Loan Servicing Representative II - Consumer Loans Salaries

A Loan Servicing Representative II - 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, skills, and company size can directly affect your earning potential.

How Experience Level Affects Loan Servicing Representative II - Consumer Loans Salaries?

Experience is a primary driver of a Loan Servicing Representative II - 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): $36,135
  • Loan Servicing Representative II - Consumer Loans (1-3 years): $40,279
  • Loan Servicing Representative III - Consumer Loans (3-5 years): $44,755
  • Consumer Loan Servicing Supervisor (5+ years): $55,050
  • Consumer Loan Servicing Manager (5+ years): $83,526
Job Role Years of Experience Average Salary
Loan Servicing Representative I - Consumer Loans0-1 years$36,135
Loan Servicing Representative II - Consumer Loans1-3 years$40,279
Loan Servicing Representative III - Consumer Loans3-5 years$44,755
Consumer Loan Servicing Supervisor5+ years$55,050
Consumer Loan Servicing Manager5+ years$83,526
$36,135 Loan Serv...
$40,279 Loan Serv...
$44,755 Loan Serv...
$55,050 Consumer ...
$83,526 Consumer ...
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What Am I Worth?

Top Paying Cities for Loan Servicing Representative II - 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:

  • San Jose: $58,700
  • San Francisco: $58,100
  • Oakland: $56,900

What Skills Can Increase a Loan Servicing Representative II - Consumer Loans's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 8.53% 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.
See More Skills
Skills Demand Percentage
Customer Service 8.53%
Commercial Loans 1.74%
Financial Services 1.38%
What skills can make your compensation higher?
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 Representative II - Consumer Loans's salary.
  • Coordination: Can increase your salary by up to 24%.
  • Confidentiality: Can increase your salary by up to 17%.
  • Leadership: Can increase your salary by up to 16%.
Skill Salary Salary % Increase
Coordination
$49,972
24%
Confidentiality
$47,151
17%
Leadership
$46,748
16%
Initiative
$45,942
14%
Flexibility
$45,539
13%
Commitment
$45,136
12%
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Loan Servicing Representative II - Consumer Loans Salary by Company Size: Startups vs. Enterprise

Loan Servicing Representative II - Consumer Loans salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $42,937. While startup companies pay approximate $36,459.

Loan Servicing Representative II - Consumer Loans Salary by Company Size

Company Size Employees Average Salary
Startup1~50$36,459
Growth Stage51~500$38,528
Established501~5000$41,501
Enterprise5000+$42,937

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

For Loan Servicing Representative II - Consumer Loans roles, the industry you choose can impact your earning potential by as much as 15% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit, offers compensation 5% above the average. Conversely, Loan Servicing Representative II - Consumer Loans positions in Business Services typically offer lower base pay, as this sector often view Loan Servicing Representative II - Consumer Loans as a support function rather than a direct revenue driver.

The top paying industries for a Loan Servicing Representative II - Consumer Loans

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Edu., Gov't. & Nonprofit$42,315$20.05%
Financial Services$42,315$20.05%

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

Understanding how a Loan Servicing Representative II - 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

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

Promotions are the fastest way to increase your earnings. As a Loan Servicing Representative II - 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 II - Consumer Loans Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Loan Servicing Representative III - Consumer Loans $44,800 11%
Mortgage Escrow Documentation Specialist $50,400 25%

Find Your Next Loan Servicing Representative II - Consumer Loans Job

Ready to take the next step in your career? Browse thousands of current Loan Servicing Representative II - Consumer Loans job openings on our job board. Use the search bar below to find your perfect match.

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