How Much Does a Loan Servicer Make in New York?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Servicer in New York is $48,646. While Salary.com is seeing that Loan Servicer salary in NY can go up to $59,590 or down to $38,895, but most earn between $43,542 and $54,375. 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
$54,529/yr
$46,298
$62,760
RANGE: $46,298 - $62,760
$84,473/yr
$74,808
$94,137
RANGE: $74,808 - $94,137
Bank of the San Juans
Loan Servicer / Loan Assistant
$68,168/yr
$58,155
$78,181
RANGE: $58,155 - $78,181
Arizona Financial Credit Union
Commercial Loan Servicer II
$59,812/yr
$50,505
$69,119
RANGE: $50,505 - $69,119
Kohler Credit Union
Mortgage Loan Servicer II
$70,738/yr
$59,557
$81,919
RANGE: $59,557 - $81,919
CNB Financial Corporation
CNB Bank, Loan Servicer
$53,309/yr
$45,262
$61,356
RANGE: $45,262 - $61,356
AMF
League Record Servicer
$100,054/yr
$69,630
$130,477
RANGE: $69,630 - $130,477

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

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 York. 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 York. New York takes first place in this list, followed by Bronx, Brooklyn. The Loan Servicer salary is $53,030 in New York, which is higher than the national average. There are 17 cities' Loan Servicer salary higher than national average in New York.
The average salary for a Loan Servicer in New York is $48,646, but we found that the city with the highest salary for Loan Servicer jobs is New York, NY, and it is higher than Bronx. Loan Servicer jobs in New York can have the opportunity to earn higher salaries than in other cities in New York.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
New York $53,030 $4,419 $1,020 $25
Bronx $53,030 $4,419 $1,020 $25
Brooklyn $53,030 $4,419 $1,020 $25
Queens Village $52,687 $4,391 $1,013 $25
Yonkers $52,261 $4,355 $1,005 $25
Mount Vernon $52,238 $4,353 $1,005 $25
Huntington $52,115 $4,343 $1,002 $25
New Rochelle $51,717 $4,310 $995 $25
Staten Island $51,451 $4,288 $989 $25
Levittown $50,079 $4,173 $963 $24

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
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
Under the new contract terms, FSA will require servicers to provide new, comprehensive reports that give FSA greater insight into borrowers’ experiences with loan servicers.
Updated December 15, 2021

Frequently Asked Questions About a Loan Servicer Salaries

What is the average of a Loan Servicer in New York?

The Loan Servicer salary range is from $43,542 to $54,375, and the average Loan Servicer salary is $48,646/year in New York. 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.