How much does a Loan Servicing Clerk III make in Aurora, CO? The average Loan Servicing Clerk III salary in Aurora, CO is $49,611 as of February 26, 2024, but the range typically falls between $41,792 and $57,337. 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. 

Loan Servicing Clerk III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Servicing Clerk III Salary $34,673 Aurora,CO February 26, 2024
25th Percentile Loan Servicing Clerk III Salary $41,792 Aurora,CO February 26, 2024
50th Percentile Loan Servicing Clerk III Salary $49,611 Aurora,CO February 26, 2024
75th Percentile Loan Servicing Clerk III Salary $57,337 Aurora,CO February 26, 2024
90th Percentile Loan Servicing Clerk III Salary $64,372 Aurora,CO February 26, 2024
25% $41,792 10% $34,673 90% $64,372 75% $57,337 $49,611 50%(Median) Didn’t find job title? Click
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What skills does a Loan Servicing Clerk III need?

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.

1.

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.

2.

General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.

3.

Loan Review: Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

Customer Service 8.73%
General Ledger 1.76%
Loan Review 1.39%
Others 88.12%

Job Description for Loan Servicing Clerk III

Loan Servicing Clerk III performs routine loan servicing administrative tasks. Processes payments, disbursements, changes, and other transactions. Being a Loan Servicing Clerk III verifies the completeness and accuracy of documents. Performs calculations for distributions. Additionally, Loan Servicing Clerk III 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 III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Loan Servicing Clerk III typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Career Path for Loan Servicing Clerk III

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 III, the upper level is Loan Servicing Supervisor and then progresses to Loan Servicing Manager.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Loan Servicing Clerk III salary varies from city to city. Compared with national average salary of Loan Servicing Clerk III, the highest Loan Servicing Clerk III salary is in San Francisco, CA, where the Loan Servicing Clerk III salary is 25.0% above. The lowest Loan Servicing Clerk III salary is in Miami, FL, where the Loan Servicing Clerk III salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
41792
57337
49611

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
43510
60265
51858
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Servicing Clerk III in Aurora, CO. The base salary for Loan Servicing Clerk III ranges from $41,792 to $57,337 with the average base salary of $49,611. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $43,510 to $60,265 with the average total cash compensation of $51,858.
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41792
57337

 

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About Aurora, Colorado    Aurora (/əˈroʊrə/, /əˈrɔːrə/) is a Home Rule Municipality in the U.S. state of Colorado, spanning Arapahoe and Adams counties, with the extreme southe....More

Aurora, Colorado  area prices were up 0.4% from a year ago    View the Cost of Living in Aurora, Colorado

Loan Servicing Clerk III Salary in popular cities: DenverColorado SpringsFort Collins

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