Loan Servicer Salaries in Detroit, MI
How Much Does a Loan Servicer Make in Detroit, MI?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Servicer in Detroit, MI is $45,764.
While Salary.com is seeing that Loan Servicer salary in Detroit, MI can go up to $56,059
or down to $36,590, but most earn between $40,962 and $51,152.
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 |
|---|---|---|
|
Michigan Business Connection
Commercial Loan Servicer
|
$54,257/yr
|
RANGE: $49,326 - $59,187
|
|
First Farmers Bank & Trust
Loan Servicer
|
$50,632/yr
|
RANGE: $45,532 - $55,733
|
|
First Community Credit Union of Oregon
Loan Servicer
|
$72,958/yr
|
RANGE: $64,549 - $81,366
|
|
Bank of the San Juans
Loan Servicer / Loan Assistant
|
$59,264/yr
|
RANGE: $53,425 - $65,103
|
|
Kohler Credit Union
Mortgage Loan Servicer II
|
$59,377/yr
|
RANGE: $53,926 - $64,827
|
|
CNB Financial Corporation
CNB Bank, Loan Servicer
|
$49,499/yr
|
RANGE: $44,513 - $54,486
|
|
Genius Talent
Consumer Loan Servicer
|
$52,535/yr
|
RANGE: $47,293 - $57,777
|
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GTE Financial
Mortgage Servicing - Loan Servicer I
|
$61,048/yr
|
RANGE: $54,290 - $67,806
|
|
AMF
League Record Servicer
|
$73,431/yr
|
RANGE: $63,365 - $83,496
|
What Does a Loan Servicer Do?
Apply to the program by completing the Teacher Loan Forgiveness Application and submitting it to your loan servicer.
Updated November 29, 2021
Federal loan servicers were ordered to report monthly payments as being made to the three credit reporting bureaus, even if you accepted forbearance and chose not to make any payments.
Updated September 27, 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
Then you can see your servicer, view loan details, apply for a direct consolidation loan or sign up for an.
Updated December 16, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Servicer Salaries
What is the average of a Loan Servicer in Detroit, MI?
The Loan Servicer salary range is from $40,962 to $51,152, and the average Loan Servicer salary is $45,764/year in Detroit, MI.
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.
