How Much Does a Loan Servicer Make in Indiana?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Servicer in Indiana is $44,399. While Salary.com is seeing that Loan Servicer salary in IN can go up to $54,387 or down to $35,495, but most earn between $39,738 and $49,627. 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.
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Similar Job Salaries to Loan Servicer by Company

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Company average base salary in (usd) range
$84,752/yr
$75,056
$94,448
RANGE: $75,056 - $94,448
$54,664/yr
$47,313
$62,016
RANGE: $47,313 - $62,016
Together Credit Union
Loan Servicer
$51,987/yr
$44,272
$59,702
RANGE: $44,272 - $59,702
CNB Financial Corporation
CNB Bank, Loan Servicer
$53,842/yr
$45,714
$61,970
RANGE: $45,714 - $61,970
Michigan Business Connection
Commercial Loan Servicer
$57,681/yr
$48,912
$66,450
RANGE: $48,912 - $66,450
Genius Talent
Consumer Loan Servicer
$59,872/yr
$50,612
$69,132
RANGE: $50,612 - $69,132
Arion Fund
Loan Servicer/Asset Manager
$68,880/yr
$58,482
$79,278
RANGE: $58,482 - $79,278
Kohler Credit Union
Mortgage Loan Servicer II
$70,809/yr
$59,613
$82,006
RANGE: $59,613 - $82,006
GTE Financial
Mortgage Servicing - Loan Servicer I
$65,630/yr
$54,610
$76,650
RANGE: $54,610 - $76,650
$53,007/yr
$45,121
$60,894
RANGE: $45,121 - $60,894

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Top 10 Highest Paying Cities For Loan Servicer Jobs in Indiana

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Servicer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Loan Servicer job salaries in Indiana. Some cities can pay higher salaries for Loan Servicer jobs, which can indicate that there is a large demand for Loan Servicer positions in this city.
The following table shows top 10 cities where the Loan Servicer salary is higher than other cities in Indiana. Hammond takes first place in this list, followed by Gary, Indianapolis. The Loan Servicer salary is $45,726 in Hammond, which is lower than the national average. There is 0 city's Loan Servicer salary higher than national average in Indiana.
The average salary for a Loan Servicer in Indiana is $44,399, but we found that the city with the highest salary for Loan Servicer jobs is Hammond, IN, and it is higher than Gary. Loan Servicer jobs in Hammond can have the opportunity to earn higher salaries than in other cities in Indiana.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Hammond $45,726 $3,810 $879 $22
Gary $45,726 $3,810 $879 $22
Indianapolis $44,536 $3,711 $856 $21
Greenwood $44,536 $3,711 $856 $21
Carmel $44,490 $3,708 $856 $21
Lafayette $44,261 $3,688 $851 $21
Elkhart $43,849 $3,654 $843 $21
Evansville $43,392 $3,616 $834 $21
South Bend $42,980 $3,582 $827 $21
Mishawaka $42,980 $3,582 $827 $21

What Does a Loan Servicer Do?

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
Under the new law, servicers have to apply for a license through the Department of Commerce and they're prohibited from misleading borrowers, misrepresenting their services or improperly applying loan payments as terms of remaining in good standing with the state.
Updated October 12, 2021
And they urged borrowers who feel they've been ripped off by their student loan servicers to report their complaints to the state department of commerce.
Updated September 30, 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

Frequently Asked Questions About a Loan Servicer Salaries

What is the average of a Loan Servicer in Indiana?

The Loan Servicer salary range is from $39,738 to $49,627, and the average Loan Servicer salary is $44,399/year in Indiana. 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 $57,443 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.