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Loan Servicing Clerk IV Salary in the United States

How much does a Loan Servicing Clerk IV make in the United States?

As of September 01, 2026, the average salary for a Loan Servicing Clerk IV in the United States is $63,613 per year, which breaks down to an hourly rate of $31.

However, a Loan Servicing Clerk IV's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $84,821
  • Majority Range (25th-75th percentile): $57,064 to $74,714
  • Entry-Level (10th percentile): $51,101
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Loan Servicing Clerk IV Salaries

A Loan Servicing Clerk IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Loan Servicing Clerk IV Salaries?

Experience is a primary driver of a Loan Servicing Clerk IV's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $60,681
  • Early Career (1-2 years): $61,169
  • Mid-Level (2-4 years): $61,951
  • Senior-Level (5-8 years): $64,773
  • Expert (over 8 years): $69,412
Levels Salary
Entry Level Loan Servicing Clerk IV$60,681
Intermediate Level Loan Servicing Clerk IV$61,169
Senior Level Loan Servicing Clerk IV$61,951
Specialist Level Loan Servicing Clerk IV$64,773
Expert Level Loan Servicing Clerk IV$69,412
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How Do Loan Servicing Clerk IV Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Servicing Clerk IVs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $70,432.
  • California: $70,165.
  • Massachusetts: $69,230.

Top Paying Cities for Loan Servicing Clerk IVs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $80,235
  • San Francisco: $79,357
  • Oakland: $77,684

Loan Servicing Clerk IV Salary by Company Size: Startups vs. Enterprise

Loan Servicing Clerk IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $67,814. While startup companies pay approximate $57,551.

Loan Servicing Clerk IV Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $57,551
Growth Stage 51~500 $60,829
Established 501~5000 $65,533
Enterprise 5000+ $67,814

Loan Servicing Clerk IV Salary by Industry: Top Paying Sectors

For Loan Servicing Clerk IV roles, the industry you choose can impact your earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit, offers compensation 10% above the average. Conversely, Loan Servicing Clerk positions in Business Services typically offer lower base pay, as this sector often view Loan Servicing Clerk IV as a support function rather than a direct revenue driver.

The top paying industry for a Loan Servicing Clerk IV

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Edu., Gov't. & Nonprofit$69,974$34.010%

Loan Servicing Clerk IV Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Servicing Clerk IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$57,064
Average $63,613/year
$74,714
$4,755
Average $5,301/month
$6,226
$1,097
Average $1,223/week
$1,437
$27
Average $31/hour
$36
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $74,714 $6,226 $1,437 $36
Average $63,613 $5,301 $1,223 $31
25th Percentile $57,064 $4,755 $1,097 $27

Loan Servicing Clerk IV Salary Growth & Career Path

Loan Servicing Clerk IV

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Loan Servicing Clerk IV, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Loan Servicing Supervisor $72,606 14%
Escrow Officer $58,171 -9%

Most common benefits for Loan Servicing Clerk IV

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Loan Servicing Clerk IV

Here are companies hiring for Loan Servicing Clerk IV and their salaries, click below for more details.

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FAQ about Loan Servicing Clerk IV

1. Where can a Loan Servicing Clerk IV earn the most?

A Loan Servicing Clerk IV's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Loan Servicing Clerk IV earns the most in San Jose, CA, where the annual salary of a Loan Servicing Clerk IV is $80,235.

2. What is the highest pay for Loan Servicing Clerk IV?

The highest pay for Loan Servicing Clerk IV is $84,821.

3. What is the lowest pay for Loan Servicing Clerk IV?

The lowest pay for Loan Servicing Clerk IV is $51,101.

4. What are the responsibilities of Loan Servicing Clerk IV?

Services and maintains loan accounts by performing routine administrative tasks, ensuring accurate loan records, and providing customer support for the duration of the loan term. Reviews loan documentation and system records to verify payment activity, interest calculations, and account balances. Updates borrower information, processes payments, and applies adjustments such as escrow updates, late fees, or payoff calculations. Responds to borrower inquiries regarding loan balances, payment status, and servicing policies while maintaining compliance with regulatory guidelines. Maintains accurate loan files and supports audits by organizing documentation and verifying data accuracy. Requires a high school diploma. Typically reports to a supervisor. Independently performs a wide range of complex duties under general guidance from supervisors. Has gained full proficiency in a broad range of activities related to the job. Typically requires 5-7 years of related experience.

5. What industry pays the highest salary for Loan Servicing Clerk IV?

The Edu., Gov't. & Nonprofit industry offers the highest average compensation for Loan Servicing Clerk IV roles, with salaries approximately 10% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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