How Much Does a Loan Servicer Make in New Jersey?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Servicer in New Jersey is $50,166. While Salary.com is seeing that Loan Servicer salary in NJ can go up to $61,451 or down to $40,106, but most earn between $44,900 and $56,073. 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
fnbalaska
Loan Servicer
$161,307/yr
$136,103
$186,511
RANGE: $136,103 - $186,511
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
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

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Top 10 Highest Paying Cities For Loan Servicer Jobs in New Jersey

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 New Jersey. 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 New Jersey. Jersey City takes first place in this list, followed by Union City, Hoboken. The Loan Servicer salary is $53,461 in Jersey City, which is higher than the national average. There are 33 cities' Loan Servicer salary higher than national average in New Jersey.
The average salary for a Loan Servicer in New Jersey is $50,166, but we found that the city with the highest salary for Loan Servicer jobs is Jersey City, NJ, and it is higher than Union City. Loan Servicer jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Jersey City $53,461 $4,455 $1,028 $26
Union City $53,461 $4,455 $1,028 $26
Hoboken $53,461 $4,455 $1,028 $26
West New York $53,461 $4,455 $1,028 $26
Paramus $52,729 $4,394 $1,014 $25
Paterson $52,683 $4,390 $1,013 $25
Clifton $52,683 $4,390 $1,013 $25
Passaic $52,683 $4,390 $1,013 $25
Bloomfield $52,683 $4,390 $1,013 $25
Wayne $52,683 $4,390 $1,013 $25

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 New Jersey?

The Loan Servicer salary range is from $44,900 to $56,073, and the average Loan Servicer salary is $50,166/year in New Jersey. 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.