Loan Servicer Salaries in Chicago, IL
How Much Does a Loan Servicer Make in Chicago, IL?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Servicer in Chicago, IL is $47,287.
While Salary.com is seeing that Loan Servicer salary in Chicago, IL can go up to $57,925
or down to $37,808, but most earn between $42,326 and $52,856.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Loan Servicer
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Similar Job Salaries to Loan Servicer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
First Farmers Bank & Trust
Loan Servicer
|
$54,529/yr
|
RANGE: $46,298 - $62,760
|
|
First Community Credit Union of Oregon
Loan Servicer
|
$84,473/yr
|
RANGE: $74,808 - $94,137
|
|
Bank of the San Juans
Loan Servicer / Loan Assistant
|
$68,168/yr
|
RANGE: $58,155 - $78,181
|
|
Centennial Lending, LLC
Auto Lease Loan Servicer
|
$61,716/yr
|
RANGE: $52,400 - $71,032
|
|
Arizona Financial Credit Union
Commercial Loan Servicer II
|
$59,812/yr
|
RANGE: $50,505 - $69,119
|
|
Kohler Credit Union
Mortgage Loan Servicer II
|
$70,738/yr
|
RANGE: $59,557 - $81,919
|
|
CNB Financial Corporation
CNB Bank, Loan Servicer
|
$53,309/yr
|
RANGE: $45,262 - $61,356
|
|
PROSPERITY BANK
Senior Consumer Loan Servicer (Full Time) - Plano
|
$78,309/yr
|
RANGE: $63,640 - $92,977
|
|
United Community Bancorp
Loan Assistant
|
$45,195/yr
|
RANGE: $39,833 - $50,558
|
|
Fay Financial
Loan Processor
|
$66,509/yr
|
RANGE: $57,273 - $75,744
|
What Does a Loan Servicer Do?
Meanwhile, the trend among big mortgage loan servicers is to slowly back away from the marketplace in response to growing regulatory concerns.
Updated November 24, 2021
Statement From Federal Student Aid Chief Operating Officer Rich Cordray Regarding Loan Servicer Contracts.
Updated November 14, 2021
Department of Education Increases Servicer Performance, Transparency, and Accountability Before Loan Payments Restart.
Updated October 23, 2021
If Navient is your current student loan servicer for federal student loans, Maximus will likely become your new federal student loan servicer.
Updated December 17, 2021
To protect borrowers, FSA will reduce the number of new student loan borrowers assigned in the coming quarter to servicers that fail to meet these stronger performance standards.
Updated December 17, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Servicer Salaries
What is the average of a Loan Servicer in Chicago, IL?
The Loan Servicer salary range is from $42,326 to $52,856, and the average Loan Servicer salary is $47,287/year in Chicago, IL.
The Loan Servicer's salary will change in different locations.
Which location pays the highest Loan Servicer salary in the United States?
The Loan Servicer salary in San Jose, CA is $57,716
which is the highest in the US.
What kinds of reasons will influence the Loan Servicer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Loan Servicer.
What is the growth rate of the Loan Servicer's salary?
If you are thinking of becoming a Loan Servicer or planning the next step in your career, find the detailed salary report of a Loan Servicer.
