How Much Does a Loan Servicer Make in Newark, NJ?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Servicer in Newark, NJ is $51,722. While Salary.com is seeing that Loan Servicer salary in Newark, NJ can go up to $63,358 or down to $41,350, but most earn between $46,293 and $57,813. 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
Bank of Franklin County
Loan Servicer
$63,477/yr
$54,234
$72,720
RANGE: $54,234 - $72,720
$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
Centennial Lending, LLC
Mortgage Loan Servicer
$66,299/yr
$55,103
$77,496
RANGE: $55,103 - $77,496
Bravera
Consumer Loan Servicer
$70,781/yr
$61,312
$80,250
RANGE: $61,312 - $80,250
Member Support Services, LLC
Lending Loan Servicer
$56,056/yr
$47,822
$64,290
RANGE: $47,822 - $64,290
Arion Fund
Loan Servicer/Asset Manager
$68,880/yr
$58,482
$79,278
RANGE: $58,482 - $79,278
Swipejobs
Mortgage Loan Servicer
$93,808/yr
$74,776
$112,840
RANGE: $74,776 - $112,840
CNB Financial Corporation
CNB Bank, Loan Servicer
$53,842/yr
$45,714
$61,970
RANGE: $45,714 - $61,970
Crow Wing Power
Teller/Loan Support Servicer
$39,056/yr
$35,156
$42,956
RANGE: $35,156 - $42,956

Open Loan Servicer Jobs in Newark, NJ

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What Does a Loan Servicer Do?

Maximus has a potential conflict of interest as a servicer for all student loans currently in default, and its new role as a servicer for 5.6 million borrowers currently in student loan repayment.
Updated October 17, 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
The level of service varies depending on the type of loan and the terms negotiated between the servicer and the investor seeking their services, and may also include activities such as monitoring delinquencies, workouts/ restructurings and executing foreclosures.
Updated December 16, 2021

Frequently Asked Questions About a Loan Servicer Salaries

What is the average of a Loan Servicer in Newark, NJ?

The Loan Servicer salary range is from $46,293 to $57,813, and the average Loan Servicer salary is $51,722/year in Newark, NJ. 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.