As of April 01, 2025, the average annual salary for a Loan Servicing Clerk I in Maryland is $43,061. According to Salary.com, salaries can range from a low of $37,919 to a high of $50,867, with most professionals earning between $40,370 and $47,147.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $47,147 | $3,929 | $907 | $23 |
| Average | $43,061 | $3,588 | $828 | $21 |
| 25th Percentile | $40,370 | $3,364 | $776 | $19 |
An entry-level Loan Servicing Clerk I with under 1 year experience makes about $42,378. With less than 2 years of experience, a mid-level Loan Servicing Clerk I makes around $43,366. After 2-4 years, the Loan Servicing Clerk I pay rises to about $45,866. Those senior Loan Servicing Clerk I with 5-8 years of experience earn roughly $46,232, and those Loan Servicing Clerk I having 8 years or more experience are expected to earn about $46,415 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Servicing Clerk I | $42,378 |
| Intermediate Level Loan Servicing Clerk I | $43,366 |
| Senior Level Loan Servicing Clerk I | $45,866 |
| Specialist Level Loan Servicing Clerk I | $46,232 |
| Expert Level Loan Servicing Clerk I | $46,415 |
| Entry Level | 1% |
| Mid Level | 4% |
| Senior Level | 10% |
| Top Level | 11% |
| Experienced | 11% |
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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 24.9% above. The lowest Loan Servicing Clerk I salary is in Miami, FL, where the Loan Servicing Clerk I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $52,157 |
24.9%
|
| Washington, DC | $46,239 |
10.7%
|
| Miami, FL | $40,125 |
|
| Chicago, IL | $43,157 |
3.3%
|
| Boston, MA | $46,577 |
11.5%
|
| New York, NY | $48,398 |
15.9%
|
