How Much Does a Loan Servicer Make in Ohio?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Loan Servicer in Ohio is $44,426. While Salary.com is seeing that Loan Servicer salary in OH can go up to $54,418 or down to $35,516, but most earn between $39,762 and $49,656. 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
The Village Bank
Loan Servicer
$55,895/yr
$48,358
$63,433
RANGE: $48,358 - $63,433
Village Bank
Loan Servicer
$60,713/yr
$51,704
$69,722
RANGE: $51,704 - $69,722
The Dominion Group
Interim Loan Servicer
$47,849/yr
$42,172
$53,526
RANGE: $42,172 - $53,526
Dominion Financial
Interim Loan Servicer
$47,849/yr
$42,172
$53,526
RANGE: $42,172 - $53,526
Seltzer Management Group, Inc.
Construction Loan Servicer
$73,022/yr
$59,890
$86,154
RANGE: $59,890 - $86,154
Michigan Business Connection, LC
Commercial Loan Servicer
$51,158/yr
$44,259
$58,057
RANGE: $44,259 - $58,057
ELGA Credit Union
Commercial Loan Servicer
$79,902/yr
$64,997
$94,808
RANGE: $64,997 - $94,808
BANK FIRST
Commercial Loan Servicer
$64,844/yr
$53,379
$76,308
RANGE: $53,379 - $76,308
Texas Capital Bank
SBA Loan Servicer - Loan Operations
$55,657/yr
$47,143
$64,172
RANGE: $47,143 - $64,172
Superior Credit Union
Mortgage Servicer
$102,324/yr
$80,082
$124,566
RANGE: $80,082 - $124,566

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Top 10 Highest Paying Cities For Loan Servicer Jobs in Ohio

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 Ohio. 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 Ohio. Columbus takes first place in this list, followed by Cleveland, Lakewood. The Loan Servicer salary is $44,608 in Columbus, which is lower than the national average. There is 0 city's Loan Servicer salary higher than national average in Ohio.
The average salary for a Loan Servicer in Ohio is $44,426, but we found that the city with the highest salary for Loan Servicer jobs is Columbus, OH, and it is higher than Cleveland. Loan Servicer jobs in Columbus can have the opportunity to earn higher salaries than in other cities in Ohio.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Columbus $44,608 $3,717 $858 $21
Cleveland $44,608 $3,717 $858 $21
Lakewood $44,608 $3,717 $858 $21
Euclid $44,562 $3,714 $857 $21
Cincinnati $44,426 $3,702 $854 $21
Newark $44,335 $3,695 $853 $21
Hamilton $44,244 $3,687 $851 $21
Lorain $44,199 $3,683 $850 $21
Dayton $44,062 $3,672 $847 $21
Elyria $44,062 $3,672 $847 $21

What Does a Loan Servicer Do?

Many homeowners have experienced lengthy delays when waiting for the servicer to decide whether to grant a loan modification.
Updated November 15, 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 Ohio?

The Loan Servicer salary range is from $39,762 to $49,656, and the average Loan Servicer salary is $44,426/year in Ohio. 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 $57,009 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.