Loan Servicing Specialist 2 Salary in the United States
How much does a Loan Servicing Specialist 2 make in the United States?
As of October 01, 2026, the average salary for a Loan Servicing Specialist 2 in the United States is $47,060 per year, which breaks down to an hourly rate of $23.
However, a Loan Servicing Specialist 2's salary can vary significantly. Here’s a look at the typical salary range:
Top Earners (90th percentile): $53,881
Majority Range (25th-75th percentile): $43,304 to $50,630
Entry-Level (10th percentile): $39,885
10%$39,885
50% (Median)$47,060
90%$53,881
Loan Servicing Specialist 2 Salaries by Percentile
Key Factors That Influence Loan Servicing Specialist 2 Salaries
A Loan Servicing Specialist 2's salary isn't a fixed number. It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location, education
and company size
can directly affect your earning potential.
How Experience Level Affects Loan Servicing Specialist Salaries?
Experience is a primary driver of a Loan Servicing Specialist 2's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
How Do Loan Servicing Specialist 2 Salaries Vary from State to State?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Servicing Specialist 2s. For example, consider the average annual salaries in these key locations:
District of Columbia: $52,105.
California: $51,907.
Massachusetts: $51,215.
District of Columbia$52,105
California$51,907
Massachusetts$51,215
Washington$51,027
New Jersey$51,008
Alaska$50,942
Connecticut$50,293
New York$50,029
Hawaii$49,187
Rhode Island$48,792
Maryland$48,523
Minnesota$48,156
Colorado$48,015
Illinois$47,968
Oregon$47,789
Delaware$47,657
New Hampshire$47,575
Virginia$47,389
Pennsylvania$46,848
Nevada$46,575
North Dakota$46,486
Michigan$46,344
Wisconsin$46,293
Vermont$46,189
Texas$45,902
Maine$45,883
Arizona$45,855
Ohio$45,822
Georgia$45,389
Indiana$45,173
Wyoming$45,130
Utah$45,064
Iowa$45,036
Kansas$44,810
Louisiana$44,744
North Carolina$44,721
Missouri$44,712
Florida$44,528
Montana$44,429
Nebraska$44,335
Kentucky$44,283
South Carolina$44,095
Tennessee$43,977
Idaho$43,930
New Mexico$43,587
Oklahoma$43,511
Alabama$43,234
South Dakota$42,768
Arkansas$42,514
West Virginia$42,377
Mississippi$41,968
Top Paying Cities for Loan Servicing Specialist 2s
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
San Jose: $59,357
San Francisco: $58,707
Oakland: $57,469
San Jose, CA$59,357
San Francisco, CA$58,707
Oakland, CA$57,469
New York, NY$54,184
Paramus, NJ$53,525
Queens Village, NY$53,523
Passaic, NJ$53,478
Bergenfield, NJ$53,474
Stamford, CT$53,371
Huntington, NY$53,351
Newark, NJ$53,003
Bridgeport, CT$52,904
Vallejo, CA$52,811
New Brunswick, NJ$52,792
Petaluma, CA$52,763
Middlesex, NJ$52,674
Somerset, NJ$52,641
Santa Cruz, CA$52,580
Boston, MA$52,293
Monterey, CA$52,128
Seattle, WA$52,020
Santa Rosa, CA$52,010
Los Angeles, CA$51,996
Juneau, AK$51,874
Washington, DC$51,822
Orange, CA$51,655
Santa Ana, CA$51,530
Long Beach, CA$51,483
Anaheim, CA$51,474
Anchorage, AK$51,450
Santa Maria, CA$51,309
Everett, WA$51,300
Danbury, CT$51,134
Bremerton, WA$51,069
Tacoma, WA$50,900
New Suffolk, NY$50,899
Sacramento, CA$50,886
Santa Barbara, CA$50,834
Trenton, NJ$50,782
San Diego, CA$50,782
Brockton, MA$50,730
Fairbanks, AK$50,615
Lompoc, CA$50,495
Lowell, MA$50,457
Ventura, CA$50,448
Nashua, NH$50,439
Stockton, CA$50,434
Modesto, CA$50,090
Poughkeepsie, NY$49,987
Olympia, WA$49,898
Kennewick, WA$49,898
New Haven, CT$49,879
Lawrence, MA$49,709
Hartford, CT$49,662
Riverside, CA$49,653
New Bedford, MA$49,606
Richland, WA$49,606
Bakersfield, CA$49,540
San Bernardino, CA$49,521
New Britain, CT$49,516
Atlantic City, NJ$49,516
New London, CT$49,497
Norwich, CT$49,483
Portsmouth, NH$49,474
Boulder, CO$49,374
Portland, OR$49,309
Worcester, MA$49,305
Minneapolis, MN$49,159
Philadelphia, PA$49,093
Honolulu, HI$48,937
Saint Paul, MN$48,915
Vineland, NJ$48,905
Providence, RI$48,768
Chicago, IL$48,632
Bellingham, WA$48,575
Springfield, MA$48,537
Baltimore, MD$48,523
Chico, CA$48,406
Pittsfield, MA$48,279
Manchester, NH$48,189
Spokane, WA$47,982
Denver, CO$47,977
Albany, NY$47,756
Troy, NY$47,737
Nassau, NY$47,687
Schenectady, NY$47,639
Wilmington, DE$47,601
Burlington, VT$47,535
Salem, OR$47,516
Portland, ME$47,370
Yakima, WA$47,323
Rochester, MN$47,177
Reno, NV$47,154
Fresno, CA$47,154
Milwaukee, WI$47,112
Detroit, MI$47,065
Ann Arbor, MI$47,057
Allentown, PA$47,050
Colorado Springs, CO$46,970
Syracuse, NY$46,947
Carson City, NV$46,947
Houston, TX$46,881
Eugene, OR$46,857
Gary, IN$46,801
Springfield, OR$46,763
Bismarck, ND$46,754
Galveston, TX$46,721
Medford, OR$46,650
Fort Collins, CO$46,632
Concord, NH$46,608
Austin, TX$46,594
Mesa, AZ$46,495
Reading, PA$46,490
Phoenix, AZ$46,486
Dallas, TX$46,472
Saint Cloud, MN$46,426
Madison, WI$46,363
Utica, NY$46,236
Rochester, NY$46,161
Des Moines, IA$46,156
Raleigh, NC$46,152
Atlanta, GA$46,081
Battle Creek, MI$46,067
Salt Lake City, UT$46,053
Lancaster, PA$45,982
Harrisburg, PA$45,916
Kansas City, MO$45,869
Champaign, IL$45,860
Kansas City, KS$45,860
Fort Worth, TX$45,855
Columbus, OH$45,847
Boca Raton, FL$45,836
Pittsburgh, PA$45,817
Richmond, VA$45,799
Indianapolis, IN$45,789
Cleveland, OH$45,784
Las Vegas, NV$45,728
Cincinnati, OH$45,728
Petersburg, VA$45,657
Huntsville, AL$45,587
Lansing, MI$45,555
Lebanon, PA$45,549
Pueblo, CO$45,544
Appleton, WI$45,530
Buffalo, NY$45,512
Dayton, OH$45,497
Racine, WI$45,488
Charlotte, NC$45,483
Saint Louis, MO$45,469
York, PA$45,441
Elkhart, IN$45,441
Gastonia, NC$45,432
Billings, MT$45,421
Beaumont, TX$45,408
Lorain, OH$45,399
Benton Harbor, MI$45,389
Toledo, OH$45,380
Binghamton, NY$45,356
Rock Hill, SC$45,352
Rockford, IL$45,328
Springfield, IL$45,309
Elyria, OH$45,304
Fargo, ND$45,304
Flagstaff, AZ$45,272
Fort Lauderdale, FL$45,243
Duluth, MN$45,215
Miami, FL$45,215
Cheyenne, WY$45,182
Grand Forks, ND$45,182
Bangor, ME$45,079
Cedar Rapids, IA$45,027
Durham, NC$45,007
Louisville, KY$45,003
Grand Rapids, MI$44,994
Hialeah, FL$44,989
Casper, WY$44,923
Scranton, PA$44,867
New Orleans, LA$44,853
Virginia Beach, VA$44,848
Akron, OH$44,824
Peoria, IL$44,763
Sarasota, FL$44,754
Nashville, TN$44,721
Omaha, NE$44,721
Green Bay, WI$44,721
Baton Rouge, LA$44,697
Charleston, SC$44,688
Jamestown, NY$44,664
Davenport, IA$44,664
Tucson, AZ$44,641
Saint Petersburg, FL$44,613
Tampa, FL$44,603
Evansville, IN$44,575
Port Arthur, TX$44,575
Bradenton, FL$44,556
Santa Fe, NM$44,472
Orlando, FL$44,387
Clearwater, FL$44,373
Canton, OH$44,274
La Crosse, WI$44,274
Albuquerque, NM$44,246
Newport News, VA$44,241
High Point, NC$44,227
Ogden, UT$44,208
Corpus Christi, TX$44,170
Norfolk, VA$44,142
Laramie, WY$44,142
Rock Island, IL$44,114
Saginaw, MI$44,104
Jacksonville, FL$44,100
Salisbury, NC$44,090
Boise, ID$44,081
Moline, IL$44,057
Fort Myers, FL$44,043
Memphis, TN$44,034
Tulsa, OK$44,010
Waterloo, IA$43,982
Spartanburg, SC$43,935
Lincoln, NE$43,911
Fort Wayne, IN$43,902
Provo, UT$43,897
Cedar Falls, IA$43,841
San Antonio, TX$43,822
Greensboro, NC$43,803
South Bend, IN$43,799
Savannah, GA$43,747
Muskegon, MI$43,728
Birmingham, AL$43,723
Winston Salem, NC$43,700
Lake Charles, LA$43,587
Anderson, IN$43,577
Lexington, KY$43,563
Augusta, GA$43,549
Greenville, SC$43,549
Lima, OH$43,511
Wichita, KS$43,507
Tuscaloosa, AL$43,507
Columbia, SC$43,464
Springfield, OH$43,455
Asheville, NC$43,380
Bloomington, IN$43,347
Knoxville, TN$43,177
Shreveport, LA$43,173
Wilmington, NC$43,111
Roanoke, VA$43,111
Topeka, KS$43,027
Frankfort, KY$43,022
Oklahoma City, OK$42,989
Chillicothe, OH$42,970
Longview, TX$42,966
Melbourne, FL$42,961
Sioux Falls, SD$42,886
Mobile, AL$42,881
Terre Haute, IN$42,862
Altoona, PA$42,834
Amarillo, TX$42,801
Killeen, TX$42,787
Fayetteville, AR$42,749
Chattanooga, TN$42,735
Sioux City, IA$42,693
Idaho Falls, ID$42,683
Lynchburg, VA$42,646
Gainesville, FL$42,584
Portsmouth, OH$42,561
Little Rock, AR$42,551
Lafayette, LA$42,533
Youngstown, OH$42,533
Daytona Beach, FL$42,504
Clarksville, TN$42,500
Pensacola, FL$42,495
Temple, TX$42,492
Hopkinsville, KY$42,354
Erie, PA$42,344
Florence, SC$42,326
Charleston, WV$42,250
Great Falls, MT$42,227
Macon, GA$42,161
Tallahassee, FL$42,156
Fayetteville, NC$42,147
Waco, TX$42,137
Helena, MT$42,104
Pine Bluff, AR$42,087
Vincennes, IN$42,029
Lubbock, TX$42,010
Alamogordo, NM$41,982
Twin Falls, ID$41,940
Rapid City, SD$41,926
Jackson, MS$41,841
Huntington, WV$41,838
Greenville, MS$41,836
Parkersburg, WV$41,788
Montgomery, AL$41,780
Wichita Falls, TX$41,733
Springfield, MO$41,733
Biloxi, MS$41,709
Monroe, LA$41,662
Johnstown, PA$41,629
Sumter, SC$41,610
Columbus, GA$41,606
Pascagoula, MS$41,516
Abilene, TX$41,516
Kingsport, TN$41,394
Albany, GA$41,394
Gulfport, MS$41,380
Alexandria, LA$41,224
Fort Smith, AR$41,107
El Paso, TX$40,980
Las Cruces, NM$40,768
Harlingen, TX$40,648
Pocatello, ID$40,641
Florence, AL$40,580
Brownsville, TX$40,570
Mcallen, TX$40,471
Dothan, AL$40,406
Columbus, MS$40,126
Altus, OK$39,907
Lawton, OK$39,817
Pierre, SD$39,648
What Skills Can Increase a Loan Servicing Specialist 2's Salary?
Demanded Skills for the Role:
Customer Service (Mentioned in 8.53% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Commercial Loans (Mentioned in 1.74% Job Postings): A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford.
Financial Services (Mentioned in 1.38% Job Postings): A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
Mastering certain specialized skills can lead to a significant increase in pay.
Here are examples of skills and the potential impact they can have on a Loan Servicing Specialist 2's salary.
Coordination: Can increase your salary by up to 24%.
Confidentiality: Can increase your salary by up to 17%.
Leadership: Can increase your salary by up to 16%.
Loan Servicing Specialist 2 Salary by Industry: Top Paying Sectors
For Loan Servicing Specialist 2 roles, the industry you choose can impact your earning potential
by as much as 15% (the gap between the highest and lowest paying industries).
Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit,
offers compensation 5% above the average. Conversely,
Loan Servicing Specialist positions in Business Services typically offer lower base pay,
as this sector often view Loan Servicing Specialist 2 as a support function rather than a direct revenue driver.
The top paying industries for a Loan Servicing Specialist 2
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Edu., Gov't. & Nonprofit
$49,413
$24.0
5%
Financial Services
$49,413
$24.0
5%
How Education impacts a Loan Servicing Specialist 2's Salary?
Your level of education can impact your salary potential.
While many Loan Servicing Specialist 2s enter the field with a High School Diploma or Technical Certificate degree,
higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data,
the median salary for a Loan Servicing Specialist 2 with a High School Diploma or Technical Certificate is between
$43,346
and $45,950).
Loan Servicing Specialist 2 Salaries by Degree Level
Understanding how a Loan Servicing Specialist 2's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
Hourly
Monthly
Weekly
Yearly
Table View
Last Updated on October 01, 2026
$43,304
Average$47,060/year
$50,630
$3,609
Average$3,922/month
$4,219
$833
Average$905/week
$974
$21
Average$23/hour
$24
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
75th Percentile
$50,630
$4,219
$974
$24
Average
$47,060
$3,922
$905
$23
25th Percentile
$43,304
$3,609
$833
$21
Salaries of Jobs related to Loan Servicing Specialist 2
Loan Servicing Clerk IV$63,624
Commercial Loan Servicing Specialist$63,317
Loan Servicing Clerk III$51,698
Loan Servicing Specialist II$46,558
Loan Servicing Specialist II - Consumer Loans$46,530
Loan Servicing Clerk II$46,525
Mortgage Loan Servicing Specialist$44,931
Loan Servicing Specialist 3$44,891
Loan Servicing Specialist$41,932
Loan Servicing Specialist I - Consumer Loans$41,740
Loan Servicing Clerk I$41,733
Salary Trends for Loan Servicing Specialist 2
Salaries for a Loan Servicing Specialist 2 can change over time,
reflecting shifts in market demand and the overall economy.
The median salary decreased from $46,000 in 2023
to around $45,941 in 2025,
reflecting changes in demand, location, experience, and the wider economy.
For a detailed analysis of Loan Servicing Specialist 2 salary trends,
.
Average Annual Salary of Loan Servicing Specialist 2 Over Time
$???
$46,000
$46,127
$45,941
$???
$???
2022
2023
2024
2025
2026
2027
Year
Average Annual Salary
2022
View More
2023
$46,000
2024
$46,127
2025
$45,941
2026
View More
2027
View More
Most common benefits for Loan Servicing Specialist 2
Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)
Common company salaries for Loan Servicing Specialist 2
Here are companies hiring for Loan Servicing Specialist 2 and their salaries, click below for more details.
K$114,295/per year
Kpmg Us LLPBusiness Servicesthe United States
W$114,096/per year
Warner Bros DiscoveryBusiness Servicesthe United States
D$111,927/per year
Dentsu International LtdBusiness Servicesthe United States
G$111,873/per year
GroupM Worldwide IncBusiness Servicesthe United States
C$111,651/per year
CoWorx StaffingBusiness Servicesthe United States
C$110,194/per year
Contemporary Services CorpBusiness Servicesthe United States
S$107,128/per year
Showcase CinemasBusiness Servicesthe United States
A$106,429/per year
Amentum Services IncBusiness Servicesthe United States
A$106,199/per year
Allied Universal Security Services LLCBusiness Servicesthe United States
S$106,104/per year
Sodexo USABusiness Servicesthe United States
J$105,192/per year
JLL TechnologiesBusiness Servicesthe United States
I$104,478/per year
Intact Insurance Group USA LLCBusiness Servicesthe United States
N$101,619/per year
NielsenIQBusiness Servicesthe United States
T$101,470/per year
The Leading Edge AllianceBusiness Servicesthe United States
H$101,308/per year
Honeywell UOPBusiness Servicesthe United States
R$97,720/per year
Reeve & AssociatesBusiness Servicesthe United States
M$97,584/per year
ManpowerGroup Global IncBusiness Servicesthe United States
F$95,980/per year
Financial Sys NcoBusiness Servicesthe United States
A$95,314/per year
Arrow Global LtdBusiness Servicesthe United States
C$94,777/per year
CarMax Enterprise Services LLCBusiness Servicesthe United States
D$94,479/per year
DZConneXBusiness Servicesthe United States
A$93,802/per year
Adecco Staffing, USABusiness Servicesthe United States
R$92,937/per year
Resource MFGBusiness Servicesthe United States
Z$92,774/per year
Zachry Brands IncBusiness Servicesthe United States
G$88,138/per year
Greystar Worldwide LLCBusiness Servicesthe United States
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FAQ about Loan Servicing Specialist 2
1. What industry pays the highest salary for Loan Servicing Specialist 2?
The Edu., Gov't. & Nonprofit industry offers the highest average compensation for Loan Servicing Specialist 2 roles,
with salaries approximately 5% above the market median.
Where Does Our Salary Data Come From?
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
