upper level job

Loan Servicing Representative III - Consumer Loans Salary in the United States

How much does a Loan Servicing Representative III - Consumer Loans make in the United States?

As of July 01, 2026, the average salary for a Loan Servicing Representative III - Consumer Loans in the United States is $51,700 per year, which breaks down to an hourly rate of $25.

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

  • Top Earners (90th percentile): $60,106
  • Majority Range (25th-75th percentile): $48,300 to $56,100
  • Entry-Level (10th percentile): $45,204
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
Smart Recruiting
AI Onboarding
View as table View as graph 25% $48,300 10% $45,204 90% $60,106 75% $56,100 $51,700 50%(Median) Didn’t find job title? Click

Loan Servicing Representative III - Consumer Loans Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $56,100 $4,675 $1,079 $27
Average $51,700 $4,308 $994 $25
25th Percentile $48,300 $4,025 $929 $23

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

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

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

Experience is a primary driver of a Loan Servicing Representative III - 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): $41,739
  • Loan Servicing Representative II - Consumer Loans (1-3 years): $46,521
  • Loan Servicing Representative III - Consumer Loans (3-5 years): $51,690
  • Consumer Loan Servicing Supervisor (5+ years): $63,575
  • Consumer Loan Servicing Manager (5+ years): $96,459
Job Role Years of Experience Average Salary
Loan Servicing Representative I - Consumer Loans0-1 years$41,739
Loan Servicing Representative II - Consumer Loans1-3 years$46,521
Loan Servicing Representative III - Consumer Loans3-5 years$51,690
Consumer Loan Servicing Supervisor5+ years$63,575
Consumer Loan Servicing Manager5+ years$96,459
$41,739 Loan Serv...
$46,521 Loan Serv...
$51,690 Loan Serv...
$63,575 Consumer ...
$96,459 Consumer ...
View as Table
View as Graph

What Am I Worth?

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

  • District of Columbia: $57,300.
  • California: $57,100.
  • Massachusetts: $56,300.

Top Paying Cities for Loan Servicing Representative III - 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: $65,200
  • San Francisco: $64,500
  • Oakland: $63,200

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

Demanded Skills for the Role:

  • Customer Service (Mentioned in 8.8% 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.
  • Data Entry (Mentioned in 1.77% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
  • Financial Services (Mentioned in 1.4% 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 8.8%
Data Entry 1.77%
Financial Services 1.4%
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 III - Consumer Loans's salary.
  • Process Improvement: Can increase your salary by up to 28%.
  • Analytical Skills: Can increase your salary by up to 26%.
  • Leadership: Can increase your salary by up to 15%.
Skill Salary Salary % Increase
Process Improvement
$66,176
28%
Analytical Skills
$65,142
26%
Leadership
$59,455
15%
Accountability
$58,938
14%
Payment Processing
$58,938
14%
Flexibility
$57,387
11%
Get Latest Data

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

Loan Servicing Representative III - Consumer Loans salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $55,148. While startup companies pay approximate $46,799.

Loan Servicing Representative III - Consumer Loans Salary by Company Size

Company Size Employees Average Salary
Startup1~50$46,799
Growth Stage51~500$49,461
Established501~5000$53,305
Enterprise5000+$55,148

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

For Loan Servicing Representative III - Consumer Loans roles, the industry you choose can impact your earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 10% above the average. Conversely, Loan Servicing Representative III - Consumer Loans positions in Business Services typically offer lower base pay, as this sector often view Loan Servicing Representative III - Consumer Loans as a support function rather than a direct revenue driver.

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

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$56,870$27.010%

How Education impacts a Loan Servicing Representative III - Consumer Loans's Salary?

Your level of education can impact your salary potential. While many Loan Servicing Representative III - Consumer Loans enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Loan Servicing Representative III - Consumer Loans with a High School Diploma or Technical Certificate is between $45,658 and $50,075).

Loan Servicing Representative III - Consumer Loans Salaries by Degree Level

Typical Education for Loan Servicing Representative III - Consumer Loans
Degree Level % of user with this level of education
No Diploma 33.3%
High School 66.7%
Associates 33.3%
Bachelors 66.7%
Masters 0.0%
Doctorate 0.0%
view as graph

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

Understanding how a Loan Servicing Representative III - 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 July 01, 2026

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

Promotions are the fastest way to increase your earnings. As a Loan Servicing Representative III - 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 III - Consumer Loans Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Loan Servicing Associate IV $63,600 23%
Mortgage Escrow Documentation Specialist $58,200 13%

Salary Trends for Loan Servicing Representative III - Consumer Loans

Salaries for a Loan Servicing Representative III - Consumer Loans 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 Representative III - Consumer Loans salary trends, .

Average Annual Salary of Loan Servicing Representative III - Consumer Loans Over Time

2022
$???
2023
$50,760
2024
$50,555
2025
$50,294
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $50,760
2024 $50,555
2025 $50,294
2026
View More
2027
View More

Most common benefits for Loan Servicing Representative III - Consumer Loans

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
For Employers

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning

Common company salaries for Loan Servicing Representative III - Consumer Loans

Here are companies hiring for Loan Servicing Representative III - Consumer Loans and their salaries, click below for more details.

Find Your Next Loan Servicing Representative III - Consumer Loans Job

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

United States
For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

FAQ about Loan Servicing Representative III - Consumer Loans

1. What industry pays the highest salary for Loan Servicing Representative III - Consumer Loans?

The Financial Services industry offers the highest average compensation for Loan Servicing Representative III - Consumer Loans roles, with salaries approximately 10% above the market median.

Where Does Our Salary Data Come From?

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.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job