How much does a Loan Servicing Manager make in the United States? The average Loan Servicing Manager salary in the United States is $82,256 as of September 27, 2021, but the range typically falls between $69,044 and $98,199. 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. 

Based on HR-reported data: a national average with a geographic differential
25% $69,044 10% $57,016 90% $112,715 75% $98,199 $82,256 50%(Median)
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Check out Loan Servicing Manager jobs in Virginia

Commercial Loan Portfolio Manager, C&I Banking Team

National Cooperative Bank - Arlington, VA

Remote Loan Processing Assistant

RP Professional Services - Ashburn, VA

Senior Mortgage Loan Officer

Draper and Kramer Mortgage Corp. - Columbia, VA

Commercial Loan Documentation Specialist

Mainstreet Bank - Fairfax, VA

Job Description for Loan Servicing Manager

Loan Servicing Manager manages the loan servicing function to deliver efficient collections, escrow, and cashiering operations. Establishes processes and procedures to maintain accuracy and completeness of required documentation. Being a Loan Servicing Manager sets operating performance metrics and standards for speed, quality, and customer service. Oversees the preparation of reporting for internal departments and external agencies. Additionally, Loan Servicing Manager coordinates audit requests and processes. Develops training and communication mechanisms that inform the team of regulatory requirements and updates. Typically requires a bachelor's degree. Typically reports to a senior manager or head of a unit/department. The Loan Servicing Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Loan Servicing Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2021 Salary.com)... View full job description

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Job Openings for Loan Servicing Manager
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2020
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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
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
69044
98199
82256

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
72097
107318
87545
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Servicing Manager in the United States. The base salary for Loan Servicing Manager ranges from $69,044 to $98,199 with the average base salary of $82,256. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,097 to $107,318 with the average total cash compensation of $87,545.
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69044
98199

 

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Skills associated with Loan Servicing Manager: Loan Servicing, Performance Metrics, Escrow Analysis/Operations, Payment Processing ...More

Salary estimation for Loan Servicing Manager at companies like : PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC, Square, Inc.

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