Loan Servicer Salary in the United States

How much does a Loan Servicer make in the United States?

As of January 01, 2026, the average salary for a Loan Servicer in the United States is $46,501 per year, which breaks down to an hourly rate of $22.

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

  • Top Earners (90th percentile): $53,173
  • Majority Range (25th-75th percentile): $42,784 to $49,993
  • Entry-Level (10th percentile): $39,400
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View as table View as graph 25% $42,784 10% $39,400 90% $53,173 75% $49,993 $46,501 50%(Median) Didn’t find job title? Click

Loan Servicer Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $49,993 $4,166 $961 $24
Average $46,501 $3,875 $894 $22
25th Percentile $42,784 $3,565 $823 $21
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Key Factors That Influence Loan Servicer Salaries

A Loan Servicer'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, education and company size can directly affect your earning potential.

How Experience Level Affects Loan Servicer Salaries?

Experience is a primary driver of a Loan Servicer'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): $45,624
  • Early Career (1-2 years): $45,727
  • Mid-Level (2-4 years): $47,038
  • Senior-Level (5-8 years): $48,599
  • Expert (over 8 years): $48,711
Levels Salary
Entry Level Loan Servicer$45,624
Intermediate Level Loan Servicer$45,727
Senior Level Loan Servicer$47,038
Specialist Level Loan Servicer$48,599
Expert Level Loan Servicer$48,711
$45,624 0 yr
$45,727 < 2 yrs
$47,038 2-4 yrs
$48,599 5-8 yrs
$48,711 > 8 yrs
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What Am I Worth?

How Do Loan Servicer 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 Servicers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $51,486.
  • California: $51,291.
  • Massachusetts: $50,607.

Top Paying Cities for Loan Servicers

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: $58,652
  • San Francisco: $58,076
  • Oakland: $56,788

What Skills Can Increase a Loan Servicer's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 8.53% 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 8.53%
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 Servicer's salary.
  • Coordination: Can increase your salary by up to 24%.
  • Confidentiality: Can increase your salary by up to 17%.
  • Leadership: Can increase your salary by up to 16%.
Skill Salary Salary % Increase
Coordination
$57,662
24%
Confidentiality
$54,407
17%
Leadership
$53,942
16%
Initiative
$53,012
14%
Flexibility
$52,547
13%
Commitment
$52,082
12%
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How Education impacts a Loan Servicer's Salary?

Your level of education can impact your salary potential. While many Loan Servicers enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Loan Servicer with a High School Diploma or Technical Certificate is between $43,346 and $45,950).

Loan Servicer Salaries by Degree Level

Typical Education for Loan Servicer
Degree Level % of user with this level of education
No Diploma 33.3%
High School 33.3%
Associates 16.7%
Bachelors 50.0%
Masters 0.0%
Doctorate 0.0%
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Loan Servicer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Servicer'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 January 01, 2026

Salary Trends for Loan Servicer

Salaries for a Loan Servicer can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $45,467 in 2023 to around $45,408 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Loan Servicer salary trends, .

Average Annual Salary of Loan Servicer Over Time

2022
$???
2023
$45,467
2024
$45,592
2025
$45,408
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $45,467
2024 $45,592
2025 $45,408
2026
View More
2027
View More

Most common benefits for Loan Servicer

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Loan Servicer

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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.)

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