How much does a Loan Servicing Clerk II make in Virginia? The average Loan Servicing Clerk II salary in Virginia is $42,161 as of February 26, 2024, but the range typically falls between $37,252 and $47,576. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Loan Servicing Clerk II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Servicing Clerk II Salary $32,783 VA February 26, 2024
25th Percentile Loan Servicing Clerk II Salary $37,252 VA February 26, 2024
50th Percentile Loan Servicing Clerk II Salary $42,161 VA February 26, 2024
75th Percentile Loan Servicing Clerk II Salary $47,576 VA February 26, 2024
90th Percentile Loan Servicing Clerk II Salary $52,507 VA February 26, 2024
25% $37,252 10% $32,783 90% $52,507 75% $47,576 $42,161 50%(Median) Didn’t find job title? Click
Change Search Criteria

Real Estate Loan Officer

Pacific Service Credit Union - Concord, CA

Service Desk Technician

BROWARD COUNTY CLERK OF CIRCUIT AND COUNTY COURTS - Fort Lauderdale, FL

Financial Screening Clerk

Tiburcio Vasquez Health Center - Hayward, CA

Member Services Clerk I

Pacific Administrators, Inc. - Honolulu, HI

What skills does a Loan Servicing Clerk II 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 8.46%
Commercial Loans 1.73%
Bank Secrecy Act 1.3%
Others 88.51%

Job Description for Loan Servicing Clerk II

Loan Servicing Clerk II performs routine loan servicing administrative tasks. Processes payments, disbursements, changes, and other transactions. Being a Loan Servicing Clerk II verifies the completeness and accuracy of documents. Performs calculations for distributions. Additionally, Loan Servicing Clerk II monitors escrow payments and tracks delinquencies. Researches customer and internal inquiries and delivers a response or solution. Maintains required electronic files and system inputs. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Loan Servicing Clerk II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Loan Servicing Clerk II typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Loan Servicing Clerk II.

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

Job Openings for Loan Servicing Clerk II in Virginia

Select a city to view specific salary and bonus information for Loan Servicing Clerk II

Loading results...
Location Avg. Salary Date Updated
Location Annandale, VA Avg. Salary $47,216 Date Updated February 26, 2024
Location Virginia State University, VA Avg. Salary $42,245 Date Updated February 26, 2024
Location Abingdon, VA Avg. Salary $36,757 Date Updated February 26, 2024
Location Accomac, VA Avg. Salary $40,099 Date Updated February 26, 2024
Location Achilles, VA Avg. Salary $40,074 Date Updated February 26, 2024
Location Afton, VA Avg. Salary $38,649 Date Updated February 26, 2024
Location Alberta, VA Avg. Salary $41,991 Date Updated February 26, 2024
Location Aldie, VA Avg. Salary $47,004 Date Updated February 26, 2024
Location Alexandria, VA Avg. Salary $47,216 Date Updated February 26, 2024
Location Altavista, VA Avg. Salary $38,777 Date Updated February 26, 2024

Career Path for Loan Servicing Clerk II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Servicing Clerk II, the first career path typically starts with a Loan Servicing Clerk III position, and then progresses to Loan Servicing Supervisor.

Additionally, the second career path typically progresses to Commercial Loan Clerk, Sr..

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Loan Servicing Clerk II

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Jobs with a similar salary range to Loan Servicing Clerk II : Fertilizer Applicator, Retail Travel Consultant, Fishing Guide

Loan Servicing Clerk II Salary in Virginia
Loan Servicing Clerk II Salary Graph, Regional Distribution and Summary