As of April 01, 2025, the average annual salary for a Loan Servicing Clerk I in New Jersey is $45,266. According to Salary.com, salaries can range from a low of $39,861 to a high of $53,472, with most professionals earning between $42,437 and $49,561.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $45,725 | $3,810 | $879 | $22 |
| Average | $41,762 | $3,480 | $803 | $20 |
| 25th Percentile | $39,152 | $3,263 | $753 | $19 |
An entry-level Loan Servicing Clerk I with under 1 year experience makes about $44,548. With less than 2 years of experience, a mid-level Loan Servicing Clerk I makes around $45,586. After 2-4 years, the Loan Servicing Clerk I pay rises to about $48,215. Those senior Loan Servicing Clerk I with 5-8 years of experience earn roughly $48,600, and those Loan Servicing Clerk I having 8 years or more experience are expected to earn about $48,792 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Servicing Clerk I | $44,548 |
| Intermediate Level Loan Servicing Clerk I | $45,586 |
| Senior Level Loan Servicing Clerk I | $48,215 |
| Specialist Level Loan Servicing Clerk I | $48,600 |
| Expert Level Loan Servicing Clerk I | $48,792 |
| Entry Level | 7% |
| Mid Level | 9% |
| Senior Level | 15% |
| Top Level | 16% |
| Experienced | 17% |
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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%
|
