upper level job

What is the highest and lowest pay for Loan Servicing Clerk I?

As of December 01, 2024, the average annual pay of Loan Servicing Clerk I in Knoxville, TN is $36,872. While Salary.com is seeing that the highest pay for Loan Servicing Clerk I in Knoxville, TN can go up to $44,967 and the lowest down to $28,185, but most earn between $32,325 and $41,109. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Servicing Clerk I in the United States.

Loan Servicing Clerk I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $44,830 $3,736 $862 $22
Average $40,210 $3,351 $773 $19
25th Percentile $35,251 $2,938 $678 $17

Average Salary

25% $32,325 10% $28,185 90% $44,967 75% $41,109 $36,872 50%(Median) Didn’t find job title? Click
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View Loan Servicing Clerk I Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Loan Servicing Clerk I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Loan Servicing Clerk I hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Loan Servicing Clerk I $35,541
Intermediate Level Loan Servicing Clerk I $37,003
Senior Level Loan Servicing Clerk I $39,583
Specialist Level Loan Servicing Clerk I $39,960
Expert Level Loan Servicing Clerk I $40,149
$35,541 0 yr
$37,003 < 2 yrs
$39,583 2-4 yrs
$39,960 5-8 yrs
$40,149 > 8 yrs
Last Updated on December 01, 2024
Entry Level 12%
Mid Level 8%
Senior Level 2%
Top Level 1%
Experienced 0%
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Last Updated on December 01, 2024

Job Openings of Loan Servicing Clerk I

Salary.com job board provides millions of Loan Servicing Clerk I information for you to search for. Click on search button below to see Loan Servicing Clerk I job openings or enter a new job title here.

Cost of Living In Knoxville, TN

Cost of Living in Knoxville , TN is
-8.4% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Loan Servicing Clerk I

What skills does a Loan Servicing Clerk I 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.

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.

3.

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.

Customer Service 8.44%
Commercial Loans 1.72%
Bank Secrecy Act 1.3%
Others 88.54%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Loan Servicing Clerk I higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Construction Loans, you can get a 34% salary raise. If you are good at Decision Making, your salary will increase by 12%. If you are expert in Coordination, your salary will rise by 10%.
Skill Salary Demand
Construction Loans
$49,409
34%
Decision Making
$41,297
12%
Coordination
$40,559
10%
Confidentiality
$40,191
9%
Listening
$40,191
9%
Word Processing
$39,822
8%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Loan Servicing Clerk I is $36,872 per year in Knoxville, TN, updated at December 01, 2024.
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