How much does a Loan Servicing Clerk I make in Naval Anacost Annex, DC? The average Loan Servicing Clerk I salary in Naval Anacost Annex, DC is $42,996 as of March 26, 2024, but the range typically falls between $36,682 and $48,763. Salary ranges 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Loan Servicing Clerk I Salary | $30,934 | Naval Anacost Annex,DC | March 26, 2024 |
25th Percentile Loan Servicing Clerk I Salary | $36,682 | Naval Anacost Annex,DC | March 26, 2024 |
50th Percentile Loan Servicing Clerk I Salary | $42,996 | Naval Anacost Annex,DC | March 26, 2024 |
75th Percentile Loan Servicing Clerk I Salary | $48,763 | Naval Anacost Annex,DC | March 26, 2024 |
90th Percentile Loan Servicing Clerk I Salary | $54,013 | Naval Anacost Annex,DC | March 26, 2024 |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: 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: 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.
Bank Secrecy Act: The Currency and Foreign Transactions Reporting Act of 1970—which legislative framework is commonly referred to as the "Bank Secrecy Act" (BSA)—requires U.S. financial institutions to assist U.S. government agencies to detect and prevent money laundering.
Loan Servicing Clerk I performs routine loan servicing administrative tasks. Processes payments, disbursements, changes, and other transactions. Being a Loan Servicing Clerk I verifies the completeness and accuracy of documents. Performs calculations for distributions. Additionally, Loan Servicing Clerk I monitors escrow payments and tracks delinquencies. Researches customer and internal inquiries and delivers a response or solution. Maintains required electronic files and system inputs. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Loan Servicing Clerk I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)... View full job description
See user submitted job responsibilities for Loan Servicing Clerk I.
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Loan Servicing Clerk I, the first career path typically starts with a Loan Servicing Clerk II position, and then progresses to Loan Servicing Supervisor.
Additionally, the second career path typically starts with a Commercial Loan Clerk position, and then progresses to Commercial Loan Clerk, Sr..
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Loan Servicing Clerk I salary varies from city to city. Compared with national average salary of Loan Servicing Clerk I, the highest Loan Servicing Clerk I salary is in San Francisco, CA, where the Loan Servicing Clerk I salary is 25.0% above. The lowest Loan Servicing Clerk I salary is in Miami, FL, where the Loan Servicing Clerk I salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Accounts Payable Clerk I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Job Title Accounts Receivable Clerk I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Job Title Billing Clerk I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Job Title Loan Servicing Clerk II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Job Title Loan Servicing Clerk III | Experience 3 - 5 | EducationHigh School | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Loan Servicing Clerk I salary of your education level.
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About Naval Anacost Annex, District of Columbia Naval Support Facility (NSF) Anacostia was a United States Naval Base in Washington, D.C., close to where the Anacostia River joins the Potomac River.....More
Naval Anacost Annex, District of Columbia area prices were up 1.3% from a year ago View the Cost of Living in Naval Anacost Annex, District of Columbia
Loan Servicing Clerk I Salary in popular cities: Washington
Skills associated with Loan Servicing Clerk I: Loan Software, Quality Assurance Process, Transaction Monitoring, Loan Servicing ...More
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