Loan Servicing Representative Salary in Marysville, MI

How much does a Loan Servicing Representative make in Marysville, MI?

As of August 01, 2026, the average salary for a Loan Servicing Representative in Marysville, MI is $40,239 per year, which breaks down to an hourly rate of $19.

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

  • Top Earners (90th percentile): $46,298
  • Majority Range (25th-75th percentile): $37,097 to $43,411
  • Entry-Level (10th percentile): $34,237
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View as table View as graph 25% $37,097 10% $34,237 90% $46,298 75% $43,411 $40,239 50%(Median) Didn’t find job title? Click

Loan Servicing Representative Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $43,411 $3,618 $835 $21
Average $40,239 $3,353 $774 $19
25th Percentile $37,097 $3,091 $713 $18
Check out Loan Servicing Representative Job Openings in Marysville, MI
Office Representative

Strunk Agency - Farm Bureau Insurance - Marysville, MI

Farmers Insurance Sales Representative

Rodney Redden Farmers Insurance - Marysville, MI

Account Representative

Strunk Agency - Farm Bureau Insurance - Marysville, MI

Tooling and Fixturing Fabrication Specialist

Paumac Tube Fabrication - Marysville, MI

Search More Loan Servicing Representative Jobs in Marysville, MI

Key Factors That Influence Loan Servicing Representative Salaries

A Loan Servicing Representative'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, skills and company size can directly affect your earning potential.

How Experience Level Affects Loan Servicing Representative Salaries?

Experience is a primary driver of a Loan Servicing Representative'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): $40,006
  • Early Career (1-2 years): $44,593
  • Mid-Level (2-4 years): $49,549
  • Senior-Level (5-8 years): $60,947
  • Expert (over 8 years): $92,473
Levels Salary
Loan Serv... Level Loan Servicing Representative$40,006
Loan Serv... Level Loan Servicing Representative$44,593
Loan Serv... Level Loan Servicing Representative$49,549
Loan Serv... Level Loan Servicing Representative$60,947
Loan Serv... Level Loan Servicing Representative$92,473
$40,006 0 yr
$44,593 < 2 yrs
$49,549 2-4 yrs
$60,947 5-8 yrs
$92,473 > 8 yrs
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What Am I Worth?

Top Paying Cities for Loan Servicing Representatives

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: $52,891
  • San Francisco: $52,312
  • Oakland: $51,210

What Skills Can Increase a Loan Servicing Representative's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 8.51% Job Postings): 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.
  • Commercial Loans (Mentioned in 1.74% Job Postings): 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.
  • Financial Services (Mentioned in 1.38% Job Postings): A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
See More Skills
Skills Demand Percentage
Customer Service 8.51%
Commercial Loans 1.74%
Financial Services 1.38%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Servicing Representative's salary.
  • Construction Loans: Can increase your salary by up to 34%.
  • Decision Making: Can increase your salary by up to 12%.
  • Coordination: Can increase your salary by up to 10%.
Skill Salary Salary % Increase
Construction Loans
$53,920
34%
Decision Making
$45,068
12%
Coordination
$44,263
10%
Confidentiality
$43,861
9%
Listening
$43,861
9%
Word Processing
$43,458
8%
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Loan Servicing Representative Salary by Industry: Top Paying Sectors

For Loan Servicing Representative roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 20% above the average. Conversely, Loan Servicing Representative positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Loan Servicing Representative as a support function rather than a direct revenue driver.

The top paying industry for a Loan Servicing Representative

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Business Services$48,287$23.020%

Loan Servicing Representative Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Servicing Representative'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 August 01, 2026

Find Your Next Loan Servicing Representative Job

Ready to take the next step in your career? Browse thousands of current Loan Servicing Representative job openings on our job board. Use the search bar below to find your perfect match.

United States
  • Jim Vinckier - State Farm Agent

    Marysville, MI

    Jim Vinckier - State Farm Agent | Marysville, MI

    Job Description. Job Description. Benefits. Training & development. Bonus based on performance. Competitive salary. Opportunity for advancement. Paid time ... more

    4 Days Ago

  • Newbold Services LLC

    Marysville, MI

    Newbold Services LLC | Marysville, MI

    Job Description. Job Description. Newbold Services, LLC provides best in class integrated, high level, facility maintenance services to The United States. ... more

    4 Days Ago

  • Paumac Tubing Llc

    Marysville, MI

    Paumac Tubing Llc | Marysville, MI

    Job Description. Job Description. The bend associate position operates machines to fabricate parts. Loads parts in the machine, cycle machine and detects m... more

    5 Days Ago

  • Paumac Tubing Llc

    Marysville, MI

    Paumac Tubing Llc | Marysville, MI

    Job Description. Job Description. Summary/Objective. The MEI associate position is responsible for preparing kits and shields in advance according to the p... more

    5 Days Ago

  • Blue Water Developmental Housing

    Marysville, MI

    Blue Water Developmental Housing | Marysville, MI

    Job Description. Job Description. Do you want to make a difference. Join us in making a positive impact on the lives of our community members. No Experienc... more

    5 Days Ago

  • Strunk Agency - Farm Bureau Insurance

    Marysville, MI

    Strunk Agency - Farm Bureau Insurance | Marysville, MI

    Job Description. Job Description. Benefits. Life insurance. Bonus based on performance. Company parties. Competitive salary. Flexible schedule. Health insu... more

    5 Days Ago

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Cost of Living In Marysville, MI

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